Common use of Limit of Authority Clause in Contracts

Limit of Authority. Unless otherwise expressly limited by the resolution of appointment or by subsequent action by the Trust, the appointment of DST as Transfer Agent will be construed to cover the full amount of authorized stock of the class or classes for which DST is appointed as the same will, from time to time, be constituted, and any subsequent increases in such authorized amount. In case of such increase the Trust will file with DST:

Appears in 13 contracts

Samples: Agency Agreement (Riverpark Funds Trust), Transfer Agency Agreement (UM Investment Trust II), Transfer Agency Agreement (Jp Morgan Mutual Fund Group/Ma)

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Limit of Authority. Unless otherwise expressly limited by the resolution of appointment or by subsequent action by the Trust, the appointment of DST as Transfer Agent will be construed to cover the full amount of authorized stock Shares of the class or classes for which DST is appointed as the same will, from time to time, be constituted, and any subsequent increases in such authorized amount. In case of such increase increase, the Trust will file with DST:

Appears in 1 contract

Samples: Agency Agreement (Advisors' Inner Circle Fund II)

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