Common use of Rejection Clause in Contracts

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.

Appears in 53 contracts

Samples: Transfer Agency and Service Agreement, Agency and Service Agreement, Transfer Agency Agreement (Ab Fixed Income Shares Inc)

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Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s 's receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s 's sole judgmentjudgement, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.

Appears in 50 contracts

Samples: Agency and Service Agreement (Westcore Trust), Transfer Agency and Service Agreement (Excelsior Funds Inc), Transfer Agency and Service Agreement (Ark Funds/Ma)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (ai) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (bii) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (ciii) if the Transfer Agent, in good faith, faith is unable to satisfy itself that the transaction has been properly authorized.

Appears in 41 contracts

Samples: Transfer Agency and Service Agreement, Agency and Service Agreement, Transfer Agency and Service Agreement (Schwab Strategic Trust)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s 's receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s 's sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.

Appears in 41 contracts

Samples: Transfer Agency and Service Agreement (Clipper Funds Trust), Transfer Agency and Service Agreement (Selected American Shares Inc), Transfer Agency and Service Agreement (Davis Variable Account Fund Inc)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole judgment, to exceed any volume, aggregate dollar, network, network time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.

Appears in 28 contracts

Samples: Transfer Agency and Service Agreement (Driehaus Mutual Funds), Transfer Agency and Service Agreement (Advisers Investment Trust), Agency and Services Agreement (JOHCM Funds Trust)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole judgmentjudgement, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.

Appears in 26 contracts

Samples: Transfer Agency Agreement, Agency and Service Agreement, Transfer Agency and Service Agreement (Cohen & Steers Preferred Securities & Income Fund, Inc.)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s 's receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole judgment's reasonable judgement, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.

Appears in 23 contracts

Samples: Transfer Agency and Service Agreement (Credit Suisse Cash Reserve Fund Inc), Transfer Agency and Service Agreement (Credit Suisse Select Equity Fund Inc), Transfer Agency and Service Agreement (Credit Suisse Short Duration Bond Fund)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) which is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s 's receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s 's sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits upon wire transfers which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.

Appears in 10 contracts

Samples: Master Transfer Agency and Service Agreement (Calvert SAGE Fund), Master Transfer Agency and Service Agreement (Calvert Fund), Master Transfer Agency and Service Agreement (Calvert Cash Reserves)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole reasonable judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faithfaith and with reasonable inquiry, is unable to satisfy itself that the transaction has been properly authorized. In the case of any such rejection, the Transfer Agent shall notify the Administrator, or its designee, as soon as reasonably practicable.

Appears in 8 contracts

Samples: Transfer Agency Agreement, Transfer Agency and Service Agreement (Allianz Global Investors Managed Accounts Trust), Transfer Agency and Service Agreement (Pimco Funds)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole reasonable judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faithfaith and with reasonable inquiry, is unable to satisfy itself that the transaction has been properly authorized. In the case of any such rejection, the Transfer Agent shall notify the Fund, or its designee, as soon as reasonably practicable.

Appears in 5 contracts

Samples: Transfer Agency and Service Agreement (AllianzGI Institutional Multi-Series Trust), Transfer Agency and Service Agreement (Premier Multi-Series VIT), Transfer Agency and Service Agreement (Premier Multi-Series VIT)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s reasonable and sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faithfaith and with reasonable inquiry, is unable to satisfy itself that the transaction has been properly authorized.

Appears in 5 contracts

Samples: Transfer Agency and Service Agreement (Schwab Annuity Portfolios), Transfer Agency and Service Agreement (Charles Schwab Family of Funds), Transfer Agency and Service Agreement (Schwab Investments)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole reasonable judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.

Appears in 4 contracts

Samples: Agency and Service Agreement, Fees and Expenses (Ssga Funds), Fees and Expenses (State Street Institutional Investment Trust)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.;

Appears in 3 contracts

Samples: Agency and Service Agreement, Transfer Agency and Service Agreement (Smead Funds Trust), Transfer Agency and Service Agreement (Pimco Variable Insurance Trust)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) which is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole reasonable judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faithfaith and with reasonable inquiry, is unable to satisfy itself that the transaction has been properly authorized. In the case of any such rejection, the Transfer Agent shall notify the Administrator, or its designee, as soon as reasonably practicable. The Transfer Agent may suspend redemptions or postpone payment for more than seven days only upon instruction from the Administrator.

Appears in 3 contracts

Samples: Transfer Agency and Service Agreement, Transfer Agency and Service Agreement (PIMCO Managed Accounts Trust), Transfer Agency and Service Agreement (Pimco Funds)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s 's receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s 's sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which that are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.

Appears in 2 contracts

Samples: Transfer Agency and Service Agreement (Kobrick Investment Trust), Transfer Agency and Service Agreement (Nvest Tax Exempt Money Market Trust)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s 's receipt of such payment order; order or (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized. The Transfer Agent agrees to promptly notify the Trust of the rejection of any order and the reasons for such rejection, so that the Trust may contact and resolve the issue with the Shareholder on the same day.

Appears in 2 contracts

Samples: Transfer Agency and Service Agreement (Neuberger Berman Advisers Management Trust), Transfer Agency and Service Agreement (Lehman Brothers Reserve Liquidity Series)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself it self that the transaction has been properly authorized.

Appears in 2 contracts

Samples: Transfer Agency and Service Agreement (Highland Global Allocation Fund), Transfer Agency and Service Agreement (Highland Global Allocation Fund Ii)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which which: (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.

Appears in 2 contracts

Samples: Transfer Agency and Service Agreement (Financial Investors Variable Insurance Trust), Transfer Agency and Service Agreement (Financial Investors Variable Insurance Trust)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (ai) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (bii) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (ciii) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.

Appears in 2 contracts

Samples: Transfer Agency and Service Agreement (Avenue Mutual Funds Trust), Transfer Agency and Service Agreement (Avenue Income Credit Strategies Fund)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order (i) which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (bii) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (ciii) if the Transfer Agent, in good faith, faith is unable to satisfy itself that the transaction has been properly authorized.

Appears in 2 contracts

Samples: Administration Agreement (Capital Private Client Services Funds), Administration Agreement (Capital Private Client Services Funds)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of OF the Transfer Agent’s 's receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s 's sole judgmentjudgement, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.,

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Comstock Funds Inc)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s 's receipt of such payment order; (b) if initiating such payment order processed, would cause the Transfer Agent, in the Transfer Agent’s sole judgment's reasonable judgement, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself not satisfied that the transaction has been properly authorized.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Lazard Funds Inc)

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Rejection. The Transfer Agent reserves the right to decline to process or delay the THE processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s 's receipt of such payment order; , (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s 's sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; , or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Advisors Inner Circle Fund)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faithfaith and with reasonable inquiry, is unable to satisfy itself that the transaction has been properly authorized.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Highmark Funds /Ma/)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order (i) which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (bii) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole judgment, to exceed any volume, aggregate dollar, network, network time, credit or similar limits which are applicable to the Transfer Agent; or (ciii) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.

Appears in 1 contract

Samples: Transfer Agency and Services Agreement (Datum One Series Trust)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s reasonable and sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Credit Suisse Commodity Return Strategy Fund)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole judgment, to exceed any volume, aggregate dollar, network, network time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Harding Loevner Funds Inc)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s 's receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.if

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Homestead Funds Inc)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (cor(c) if the Transfer Agent, in good faith, is unable to satisfy itself it self that the transaction has been properly authorized.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Highland Floating Rate Opportunities Fund Ii)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order (i) which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (bii) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (ciii) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.

Appears in 1 contract

Samples: Transfer Agency and Services Agreement (Cook & Bynum Funds Trust)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (ai) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s 's receipt of such payment order; (bii) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s 's sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (ciii) if the Transfer Agent, in good faith, faith is unable to satisfy itself that the transaction has been properly authorized.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (O'Connor Fund of Funds: Masters)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole sole. judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Shelton Greater China Fund)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s 's receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole 's reasonable judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.

Appears in 1 contract

Samples: Agency and Service Agreement (State Street Institutional Investment Trust)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s 's receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized.'s sole

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Cohen & Steers Dividend Value Fund, Inc.)

Rejection. The Transfer Agent reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of the Transfer Agent’s receipt of such payment order; (b) if initiating such payment order would cause the Transfer Agent, in the Transfer Agent’s sole reasonable judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits which are applicable to the Transfer Agent; or (c) if the Transfer Agent, in good faith, is unable to satisfy itself that the transaction has been properly authorized. In the case of any such rejection, the Transfer Agent shall promptly notify the Fund.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (1290 Funds)

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