MGF definition
Examples of MGF in a sentence
MGF may rely on information reasonably believed by it to be accurate and reliable.
MGF shall cooperate with the Trust's independent public accountants and shall take all reasonable action in the performance of its obligations under this Agreement to assure that the necessary information is made available to such accountants for the expression of their unqualified opinion where required for any document for the Trust.
Except as otherwise provided in this Agreement and except for the accuracy of information furnished to it by MGF, the Trust assumes full responsibility for complying with all applicable requirements of the 1940 Act, the Securities Act of 1933, as amended, and any other laws, rules and regulations of governmental authorities having jurisdiction.
MGF shall act under such appointment and perform the obligations thereof upon the terms and conditions hereinafter set forth.
The Trust hereby appoints and employs MGF as agent to perform those services described in this Agreement for the Trust.
The Trust will submit printed matter requiring approval to MGF in draft form, allowing sufficient time for review by MGF and its counsel prior to any deadline for printing.
In valuing securities of the Trust, MGF may contract with, and rely upon market quotations provided by, outside services.
However, indemnification under this subparagraph shall not apply to actions or omissions of MGF or its directors, officers, employees, shareholders or agents in cases of its or their own gross negligence, willful misconduct, bad faith, or reckless disregard of its or their own duties hereunder.
Where applicable, such records shall be maintained by MGF for the periods and in the places required by Rule 31a-2 under the 1940 Act.
Upon termination of this Agreement, the Trust shall pay to MGF such compensation as may be due as of the date of such termination, and shall likewise reimburse MGF for any out-of-pocket expenses and disbursements reasonably incurred by MGF to such date.