Exhibit 8(i)
MONEY TRANSFER SERVICES AGREEMENT
The undersigned has been duly empowered to take all necessary steps on
behalf of Institutional Liquid Assets (the "Fund"), including the execution of
this Agreement, to implement procedures for the transfer of any of the Fund's
funds on deposit with State Street Bank and Trust Company (the "Bank") in the
manner described below. The following provisions shall govern such transfers:
1. The Fund has listed on Exhibit A those persons who are authorized to order
such transfers ("Authorized Representatives"). Such transfers will be effected,
in accordance with this Agreement, upon the receipt by the Bank of any
telephonic, telegraphic, oral or written instruction other than a check, draft
or similar negotiable instrument (an "Order") from any Authorized
Representative.
2. The Fund shall specify in Exhibit A any desired instructions relating to
Orders, including any limitations the accounts to be charged or on the authority
of the Authorized Representatives ("Instructions"). Failure to specify any
Instructions shall mean that there are no such Instructions. The Authorized
Representatives and the Instructions may be amended in writing by the Fund from
time to time effective upon receipt by the Bank of a certified copy of a
resolution or action of the Trustees of the Fund, provided such notice is
received in a timely manner so as to afford the Bank a reasonable opportunity to
act on such notice.
3. Upon the receipt of any Order, the Bank shall charge the account
designated. The Bank reserves the right to charge any other account of the fund
in the event no account is designated, or if designated, such account contains
insufficient collected balances.
4. In performing the transfer services which are the subject of this
Agreement, the Bank shall exercise reasonable care and shall be liable to the
Fund only for losses which are caused directly by the Bank's failure to exercise
such care and not for incidental or consequential losses.
5. Either party may terminate this Agreement by giving written notice by
regular mail to the other party, such notice not affecting rights and duties
prior to such time.
INSTITUTIONAL LIQUID ASSETS
AUTHORIZED BY: X. X. Xxxxxxx, Xx. President
--------------------------------
(PRINTED NAME) (TITLE)
/s/ X. X. Xxxxxxx, Xx.
--------------------------------
(AUTHORIZED SIGNATURE)
Accepted:
State Street Bank and Trust Company
X.X. Xxx 000
Xxxxxx, XX 00000
By: /s/ X. Xxxxxxxx Date: 11-14-85
------------------ -----------
EXHIBIT A
AUTHORIZED REPRESENTATIVES INSTRUCTIONS
X.X. Xxxxxxx, Xx.
Xxxxxx Van Lith
Xxxx Xxxxxx None
Xxxxx XxXxxxxxxx
Xxxxx Xxxxxx
Xxxxx Xxxxxx
Xxxx Xxxxx Only authorized to
Xxxxx Xxxxxxx release by oral
Xxxxxxx Xxxxxx confirmation standard
batched redemptions.
