Proper order definition

Proper order means your request for a redemption must include your letter of instruction, including the Fund name, account number, account name(s), the address and the dollar amount or number of shares you wish to redeem. This request must be signed by all registered share owner(s) in the exact name(s) and any special capacity in which they are registered. The Funds require that signatures be guaranteed by a bank or member firm of a national securities exchange if you are requesting a redemption of $5,000 or more, or a redemption of any amount payable to a person other than the shareholder of record, or if you request the proceeds be sent to an address other than the address on record. Signature guarantees are for the protection of shareholders. At the discretion of the Fund or he transfer agent, you may be required to furnish additional legal documents prior to redemption to insure proper authorization.
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Examples of Proper order in a sentence

  • Proper order of call will be in compliance with Article 14, Section 1 of the Pick-up and Delivery Operational Supplementthis Article.

  • Proper order of call will be in compliance with the Pick-up and Delivery Operational Supplement.

Related to Proper order

  • Levy Order means an Order made by the Commission under paragraph 16 of the Schedule to the Act.

  • Supply Order means an order for supply of stores and includes an order for performance of service;

  • Customer Order means, with respect to a Participant or Authorized Trader, an Order or Request for Quote that has been provided to such Participant or Authorized Trader, as applicable, by or on behalf of a Customer.

  • Issuer Order and “Issuer Request” means a written order or request of the Issuer signed in the name of the Issuer by any one of its Authorized Officers and delivered to the Indenture Trustee.

  • Energy Order means the Energy (Northern Ireland) Order 2003;