Investor Services Group definition

Investor Services Group has entered into agreements with various Recordkeepers relating to the recordkeeping and related services performed on behalf of such Plans in connection with daily valuation and processing of orders for investment and reinvestment of assets of the Plans in various investment options available to the participants under such Plans (the "Participants").
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Investor Services Group has developed a recordkeeping service link ("DCXchange(SM)") between investment companies and benefit plan consultants (the "Recordkeepers") which administer employee benefit plans under Section 401(a) of the Internal Revenue Code (the "Plans").
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Investor Services Group has developed a recordkeeping service link ("DCXchange(SM)") between investment companies and benefit plan consultants (the "Recordkeepers") which administer employee benefit plans, including plans qualified under Section 401(a) of the Internal Revenue Code (the "Plans"). In connection therewith, Investor Services Group has entered into agreements with various Recordkeepers relating to the recordkeeping and related services performed on behalf of such Plans in connection with daily valuation and processing of orders for investment and reinvestment of assets of the Plans in various investment options available to the participants under such Plans (the "Participants"). The Fund desires to participate in the DCXchanges(SM) Program and retain Investor Services Group to perform such services with respect to shares of the Funds held by or on behalf of the Participants as further described herein. Investor Services Group agrees to perform recordkeeping and related services for the benefit of the Plan Participants that maintain shares of the Fund through Plans administered by certain Recordkeepers. Investor Services Group shall subcontract with Recordkeepers to link the Investor Services Group recordkeeping system with the Recordkeepers (either manually or in an automated fashion), in order for the Recordkeepers to maintain Fund shares positions for each Participant. Fund positions of the Participants shall constitute open accounts for which the Administrator shall pay to Investor Services Group the annual fee specified in Schedule C, provided, however, the Administrator shall have no obligation to pay any fees to any Recordkeeper pursuant to the DCXchanges(SM) Program. Investor Services Group shall provide during normal business hours the Administrator and its agents with such access as the Administrator shall request to the records of Investor Services Group and the Plans to enable the Administrator to verify to its satisfaction any amount owing hereunder. Any Plan which is not currently purchasing Shares from the Fund must invest at least $1 million in the aggregate in the Portfolios to be entitled to purchase Shares from the Fund at net asset value.
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Examples of Investor Services Group in a sentence

  • No such writing shall be effective as against Investor Services Group unless said writing is executed by a Senior Vice President, Executive Vice President, or President of Investor Services Group.

  • Where applicable, such records shall be maintained by Investor Services Group for the periods and in the places required by Rule 31a-2 under the 1940 Act.

  • If to TRUST: BT Insurance Funds Trust c/o First Data Investor Services Group, Inc.

  • Unspecified out-of-pocket expenses shall be limited to those out-of-pocket expenses reasonably incurred by Investor Services Group in the performance of its obligations hereunder.

  • Investor Services Group reserves the right, however, to exhibit the Shareholder records to any person whenever it is advised by its counsel that it may be held liable for the failure to comply with such request.

  • Investor Services Group may, in its sole discretion, engage subcontractors to perform any of the obligations contained in this Agreement to be performed by Investor Services Group.

  • If Investor Services Group is the Non-Defaulting Party, its termination of this Agreement shall not constitute a waiver of any other rights or remedies of Investor Services Group with respect to services performed prior to such termination of rights of Investor Services Group to be reimbursed for out-of-pocket expenses.

  • Written Instructions requested by Investor Services Group will be provided by the Fund within a reasonable period of time.

  • Investor Services Group may, in its sole discretion, use the services of a third party to perform the some or all such services.

  • Investor Services Group shall further maintain a stop transfer record on lost and/or replaced certificates.


More Definitions of Investor Services Group

Investor Services Group shall subcontract with Recordkeepers to link the Investor Services Group recordkeeping system with the Recordkeepers, in order for the recordkeepers to maintain Fund Share positions for each Participant. Fund positions of the Participants shall constitute open accounts for which the Fund shall pay to Investor Services Group the annual fee specified in the schedule of fees attached hereto as Schedule B.
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