MFSC definition
Examples of MFSC in a sentence
MFSC and each of the Funds listed on Annex A have agreed to amend their respective Agreements as provided below.
You agree that MFSC will not be responsible for changes to the file until a reasonable time after receipt thereof.
You will provide all necessary, requested, updating and reconciling information to ensure the accuracy of records and to enable MFSC to create and maintain an accurate cross-reference file between client records and the Fund account records that shall remain the official records of all Fund shareholder accounts.
You will provide in a timely fashion all necessary and relevant information regarding adverse claims, governmental and legal inquiries and correspondence to us, MFSC, the Fund or its adviser, as appropriate, in connection with its handling of and responding to such notices, inquiries, correspondence and claims, which may include its or their placing restrictions on the redemption, transfer or exchange of Shares and disclosing that you control accounts pursuant to this paragraph.
Nothing herein shall prohibit us, any Fund, the advisers of the Funds or MFSC from mailing or otherwise distributing to Shareholders any material concerning the Funds or other funds or services now or hereafter offered by any of us.
You will ensure that cash distributions are accurately paid to your client at the time specified by the Fund, and, as among the Funds, MFSC, you and us, you shall be solely responsible for any liabilities arising from payments reported by clients as lost, stolen or forged.
You will, on behalf of each Fund, report to your clients, all information which is required to be reported by the Fund on Shareholder confirmations or otherwise under any applicable statute, rule or regulation or under the terms of the Prospectus, or which is provided by us, MFSC, the Fund or the Fund's adviser to you and other shareholders of the Fund and such information shall be complete, accurate and timely.
You will ensure that cash distributions are accurately paid to your client at the time specified by the Fund, and, as among the Funds, MFSC, you and us you shall be solely responsible for any liabilities arising from payments reported by clients as lost, stolen or forged.
You will, on behalf of each Fund, report to your clients all information which is required to be reported by the Fund on Shareholder confirmations or otherwise under any applicable statute, rule or regulation or under the terms of the Prospectus, or which is provided by us, MFSC, the Fund or the Fund's adviser to you and other shareholders of the Fund and such information shall be complete, accurate and timely.
The Underlying Funds shall pay the Underlying Fund Payments in accordance with calculations made by and instructions from MFSC.