BISYS definition

BISYS shall include partners, officers, employees and other agents of BISYS as well as Furman Selz itself) ▇▇ ▇▇▇▇ ▇▇ BISYS Selz acts in good faith an▇ ▇▇th due diligence and without negligence, KIMCO shall indemnify BISYS and hold it harmless from any and all actions, suits and claims, and from any and all losses, damages, costs, charges, reasonable counsel fees and disbursements, payments, expenses and liabilities (including reasonable investigation expenses) arising directly or indirectly out of BISYS' actions taken or nonactions with respect to the performance of services hereunder. The indemnity and defense provisions set forth herein shall survive the termination of this Agreement for a period of three years. The rights hereunder shall include the right to reasonable advances of defense expenses in the event of any pending or threatened litigation with respect to which indemnification hereunder may ultimately be merited. In order that the indemnification provision contained herein shall apply, however, it is understood that if in any case KIMCO may be asked to indemnify or hold Furman Selz harmless, KIMCO ▇▇▇▇▇ ▇▇ ▇ully and promptly advised of all pertinent facts concerning the situation in question, and it is further understood that Furman Selz will use all ▇▇▇▇▇▇▇▇▇▇ care to identify and notify KIMCO promptly concerning any situation which presents or appears likely to present the probability of such a claim for indemnification against KIMCO. KIMCO shall be entitled to participate at its own expense or, if it so elects, to assume the defense of any suit brought to enforce any claims subject to this indemnity provision. If KIMCO elects to assume the defense of any such claim, the defense shall be conducted by counsel chosen by KIMCO and satisfactory to BISYS, whose approval shall not be unreasonably withheld. In the event that KIMCO elects to assume the defense of any suit and retain counsel, BISYS shall bear the fees and expenses of any additional counsel retained by it. If KIMCO does not elect to assume the defense of a suit, it will reimburse Furman Selz for the reason▇▇▇▇ ▇▇▇▇ ▇nd expenses of any counsel retained by BISYS. BISYS may apply to KIMCO at any time for instructions and may consult counsel for KIMCO or its own counsel and with accountants and other experts with respect to any matter arising in connection with BISYS' duties, and BISYS shall not be liable or accountable for any action taken or omitted by it in good faith in accordance with suc...
BISYS means “Citi.”
BISYS has furnished to the Trust evidence of the following:

Examples of BISYS in a sentence

  • BISYS is free to render such services to others and to have other businesses and interests.

  • All computer programs and procedures developed to perform services required to be provided by BISYS under this Agreement are the property of BISYS.

  • BISYS is willing to perform such services on the terms and conditions set forth in this Agreement.

  • The duties of BISYS shall be confined to those expressly set forth herein, and no implied duties are assumed by or may be asserted against BISYS hereunder.

  • Notwithstanding the foregoing or any other provision of this Agreement, BISYS assumes no responsibility hereunder, and shall not be liable for, any damage, loss of data, delay or any other loss whatsoever caused by events beyond its reasonable control.


More Definitions of BISYS

BISYS has furnished to the Trust the following:
BISYS has furnished to Huntington evidence of the following:
BISYS means “Citi” and all references to Citi performing “Legal Services” shall mean “Regulatory Administration Services”.
BISYS in the Agreement shall mean “Citi”.
BISYS has furnished to the Company the following:
BISYS or the "Administrator") and its affiliates, without extra remuneration, may conduct additional solicitations by telephone, telegraph and personal interviews. It is expected that this proxy statement will first be mailed to shareholders on or about August 20, 1996. The shareholders of the Fund are being asked to vote on the items listed on the Notice of Special Meeting of Shareholders accompanying this proxy statement. Shareholders of the Fund's two classes of shares -- the Summit High Yield Shares class and the Summit High Yield Institutional Service Shares class -- will vote in the aggregate, without differentiation between the classes, on each of the proposed items. The proxyholders will vote all proxies received. It is the present intention of the proxyholders that, absent contrary instructions, the enclosed proxy will be voted: FOR the election as Trustees of the nominees named hereafter, but the proxyholders reserve full discretion to cast votes for other persons in the event such nominees are unable to serve; FOR the approval of the continuation of the Investment Advisory Agreement between First Summit Capital Management, the investment adviser (the "Adviser") to the Fund and the Trust; FOR the approval of the Investment Sub-Advisory Agreement between the Adviser and Carillon Advisers, Inc. ("Carillon" or the "Sub-Adviser"); and FOR the ratification of the selection of Coopers & Lyb▇▇▇▇ ▇.L.P., Certified Public Accountants, as independent accountants for the Fund for the fiscal year ending May 31, 1997. Under relevant state law and the Trust's corporate documents, abstentions and broker non-votes will be included for purposes of determining a quorum and whether matters to be voted upon at the Meeting have been approved. VOTING OF SECURITIES Only shareholders of record on the Fund's books at the close of business on June 25, 1996 are entitled to vote at the Meeting or any adjournment thereof. On that date, the Fund had outstanding 2,751,262.586 shares of beneficial interest, which consisted of 2,586,899.824 shares of the Summit High Yield Shares class and 164,362.762 shares of the Summit High Yield Institutional Service Shares class. (The Summit High Yield Shares class and the Summit High Yield Institutional Service Shares class are referred to collectively as the "Classes" in this proxy statement.) The shares of beneficial interest of the Fund are issued without par value. Shareholders are entitled to one vote for each Fund share held and a fractiona...
BISYS agrees to provide promptly to the Trust (and to the Chief Compliance Officer), upon request, copies of other records and documentation relating to BISYS’ compliance with Applicable Securities Laws (in relation to the Trust) regarding BISYS’ services to the Trust. BISYS also agrees to assist the Trust (and the Chief Compliance Officer) by providing information on BISYS’ services to the Trust in order to meet the requirements of the Fund Compliance Program and Applicable Securities Laws.”