Common use of Stop Payments Clause in Contracts

Stop Payments. Customer hereby authorizes EQI to stop payment of checks issued in payment of dividends, but not presented for payment, when the payees thereof allege either that they have not received the checks or that such checks have been mislaid, lost, stolen, destroyed or, through no fault of theirs, are otherwise beyond their control and cannot be produced by them for presentation and collection, and EQI shall issue and deliver duplicate checks in replacement thereof, and Customer shall indemnify Transfer Agent against any loss or damage resulting from reissuance of the checks.

Appears in 21 contracts

Samples: Agency and Service Agreement (Japan Smaller Capitalization Fund Inc), Transfer Agency and Service Agreement (Evergreen Diversified Income Opportunties Fund), H&q Life Sciences Investors

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Stop Payments. Customer hereby authorizes EQI to stop sop payment of checks issued in payment of dividends, but not presented for payment, when the payees thereof allege either that they have not received the checks or that such checks have been mislaid, lost, stolen, destroyed or, through no fault of theirs, are otherwise beyond their control and cannot be produced by them for presentation and collection, and EQI shall issue and deliver duplicate checks in replacement thereof, and Customer shall indemnify Transfer Agent against any loss or damage resulting from reissuance of the checks, provided that Transfer Agent has not been negligent in placing or failing to place a stop order.

Appears in 4 contracts

Samples: Agency and Service Agreement, Agreement (Federated Premier Municipal Income Fund), Agreement (Federated Premier Municipal Income Fund)

Stop Payments. Customer hereby authorizes EQI to stop payment of checks issued in payment of dividendsdistributions, but not presented for payment, when the payees thereof allege either that they have not received the checks or that such checks have been mislaid, lost, stolen, destroyed or, through no fault of theirs, are otherwise beyond their control and cannot be produced by them for presentation and collection, and EQI shall issue and deliver duplicate checks in replacement thereof, and Customer shall indemnify Transfer Agent against any loss or damage resulting from reissuance of the checks.

Appears in 1 contract

Samples: New Colony Investment Trust

Stop Payments. Customer hereby authorizes EQI to stop payment of checks issued in payment of dividends, but not presented for payment, when the payees thereof allege either that they have not received the checks or that such checks have been mislaid, lost, stolen, destroyed or, through no fault of theirs, are otherwise beyond their control and cannot be produced by them for presentation and collection, and EQI shall issue and deliver duplicate checks in replacement thereof, and Customer shall indemnify Transfer Agent against any loss or damage resulting from reissuance of the checks.:'

Appears in 1 contract

Samples: Agreement (Asa Bermuda LTD)

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Stop Payments. Customer hereby authorizes EQI to stop payment of checks issued in payment of dividends, but not presented for payment, when the payees thereof allege either that they have not received the checks or that such checks have been mislaid, lost, stolen, destroyed or, through no fault of theirs, are otherwise beyond their control and cannot be produced by them for presentation and collection, and EQI shall issue and deliver duplicate checks in replacement thereof, and and, subject to Section 9 hereof, Customer shall indemnify Transfer Agent against any loss or damage resulting from reissuance of the checks.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (RMK Strategic Income Fund Inc)

Stop Payments. Customer hereby authorizes EQI to stop payment of checks issued in payment of dividends, but not presented for payment, when the payees thereof allege either that they have not received the checks or that such checks have been mislaid, lost, stolen, destroyed or, through no fault of theirs, are otherwise beyond their control and cannot be produced by them for presentation and collection, and EQI shall issue and deliver duplicate checks in replacement thereof, and and, subject to Section 10 hereof, Customer shall indemnify Transfer Agent against any loss or damage resulting from reissuance of the checks.

Appears in 1 contract

Samples: RMK Advantage Income Fund, Inc.

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