CSSU definition
Examples of CSSU in a sentence
This Agreement may be amended only by written agreement signed by CSSU and each Fund.
If a Fund shall not propose such amendment or amendments and/or supplement or supplements within fifteen (15) days after receipt by the Fund of a written request from CSSU to do so, CSSU may, at its option, terminate this Agreement.
CSSU reserves the right to waive interest charges under one dollar.
CSSU agrees to file with all necessary regulatory authorities, such as the Financial Industry Regulatory Authority (“FINRA”) and the Securities and Exchange Commission (the “SEC”), such advertising and sales literature as has been previously approved by the Funds.
Any notice and other communication to CSSU provided under this Agreement shall be addressed to the manager of the CSSU department or office handling the Account(s).
In addition, CSSU acknowledges that, whenever in the judgment of a Fund’s officers any person or group should be restricted from further Fund purchases, those officers may direct CSSU to notify the Fund’s transfer agent that it should decline to accept any particular order to purchase shares of the Fund, including purchase by exchange.
If requested by the Fund, one or more appropriate CSSU representatives shall attend Board meetings at the expense of CSSU.
The failure to so notify CSSU of any such action shall not relieve CSSU from any liability that CSSU may have to the Fund Indemnified Person by reason of any such untrue or alleged untrue statement or omission or alleged omission otherwise than on account of CSSU’s indemnity agreement contained in this Section 6.2.
Any reports of CSSU’s execution of Customer’s orders and statements of Account(s) issued by CSSU shall be deemed to have been accepted by and shall be binding upon Customer if not objected to by Customer in writing within ten days after delivery thereof by CSSU to Customer by mail or otherwise.
Customer agrees to comply with all of the Applicable Law relating to short sales, including but not limited to the requirement that no short sale may be effected through CSSU or an executing broker unless Customer has first determined, either with CSSU or a third party, that the securities are available for delivery.