Common use of Unpaid Checks Clause in Contracts

Unpaid Checks. In the event that any check or other order for payment of money on the account of any shareholder or new investor is returned for any reason, CFS will take such steps, including imposition of a reasonable processing or handling fee on such shareholder or investor, as CFS may, in CFS's discretion, deem appropriate, or as the Trust or the Distributor may instruct CFS.

Appears in 9 contracts

Samples: Disbursing and Shareholders' Servicing Agent Agreement (Columbia Funds Variable Insurance Trust I), Disbursing and Shareholders' Servicing Agent Agreement (Banc of America Funds Trust), Transfer, Dividend Disbursing and Shareholders' Servicing Agent Agreement (Columbia Funds Variable Insurance Trust I)

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Unpaid Checks. In the event that any check or other order for payment of money on the account of any shareholder or new investor is returned for any reason, CFS will take such steps, including imposition of a reasonable processing or handling fee on such shareholder or investor, as CFS may, in CFS's discretion, deem appropriate, or as the Trust or the Distributor may instruct CFS.will:

Appears in 5 contracts

Samples: Shareholders' Servicing and Transfer Agent Agreement (Liberty Floating Rate Advantage Fund), Shareholders' Servicing and Transfer Agent Agreement (Liberty Funds Trust Vi), Shareholders' Servicing and Transfer Agent Agreement (Highland Floating Rate Advantage Fund)

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Unpaid Checks. In the event that any check or other order for payment of money on the account of any shareholder or new investor is returned for any reason, CFS will take such steps, including imposition of a reasonable processing or handling fee on such shareholder or investorfee, as CFS may, in CFS's discretion, deem appropriate, or as the Trust or the Distributor may instruct CFS.

Appears in 1 contract

Samples: Shareholders' Servicing and Transfer Agent Agreement (Galaxy Fund /De/)

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