approved institution definition

approved institution means an entity so named in a Certificate. From time to time the Fund may amend a previously delivered Certificate by delivering to the Transfer Agent a Certificate naming an additional entity or deleting any entity named in a previously delivered Certificate.
approved institution means an institution which has been approved in this regard by the competent authority of the concerned Contracting State.
approved institution means a public or private college or university:

Examples of approved institution in a sentence

  • The Transfer Agent shall not be liable for any losses or damages to the Fund or its shareholders in the event that a computer tape or electronic data transmission from an Approved Institution is unable to be processed for any reason beyond the control of the Transfer Agent, or if any of the information on such tape or transmission is found to be incorrect.

  • Evidence of the ownership of Shares shall be maintained on the Transfer Agent's records in book (uncertificated) form, or, if requested by an Approved Institution (or the Distributor or its agent acting on behalf of such Approved Institution) or shareholder, share certificates shall be issued, subject to the provisions of Article 5 hereof, to evidence the ownership of Shares.

  • Notwithstanding the foregoing, if a redemption specified in a computer tape or electronic data transmission is for a dollar value of Shares in excess of the dollar value of uncertificated Shares in the specified account, the Transfer Agent shall not effect such redemption in whole or in part and shall within twenty-four (24) hours orally advise the Approved Institution which supplied such tape of the discrepancy.

  • The Transfer Agent will, upon receipt of any such cash, make payment of such cash dividends or distributions to the shareholders of record as of the record date by: (i) mailing a check, payable to the registered shareholder, to the address of record or dividend mailing address; or (ii) wiring such amounts to the accounts previously designated by an Approved Institution, as the case may be.

  • The Transfer Agent shall not be liable for any losses to the Fund or its shareholders in the event that a computer tape or electronic data transmission from an Approved Institution is unable to be processed for any reason beyond the control of the Transfer Agent, or if any of the information on such tape or transmission is found to be incorrect.


More Definitions of approved institution

approved institution means any institution which is eligible to participate in the Iowa tuition grant program which agrees to provide the 50 percent funding required by this program.
approved institution means an institution, body, or person, approved under this Act by the Minister for the purpose of lending money to borrowers to enable them to build or purchase houses for themselves and their dependants;
approved institution means a public community
approved institution means a hospital, health center or other such institution recognised by a University as an institution in which a person may undergo the training, if any, required by his course of study before the award of any medical qualification to him;
approved institution means a bank or financial institution registered under the Banking Act, an insurance company licensed under the Insurance Act or a building society registered under the Building Societies Act;
approved institution means an entity so named in a Certificate, as hereinafter defined. From time to time, the Fund may amend a previously delivered Certificate by delivering to the Transfer Agent a Certificate naming an additional entity or deleting any entity named in a previously delivered Certificate. 2. The "Board of Directors" shall mean the Board of Directors of the Fund. 3. "Certificate" shall mean any notice, instruction or other instrument in writing, authorized or required by this Agreement to be given to the Transfer Agent by the Fund which is signed by any Officer, as hereinafter defined, and actually received by the Transfer Agent. 4. "Custodian" shall mean the financial institution appointed as custodian under the terms and conditions of the Custody Agreement between the financial institution and the Fund, or its successor(s). 5. "Fund Business Day" shall be determined as set out in the Fund's prospectuses as shall be effective from time to time. 6. "Officer" shall be deemed to be the Fund's President, any Vice President, Secretary, Treasurer, Controller, any Assistant Controller, any Assistant Treasurer and any Assistant Secretary, and any other person duly authorized by the Board of Directors of the Fund to execute any Certificate, instruction, notice or other instrument on behalf of the Fund, and any person reasonably believed by the Transfer Agent to be such a person. 7. "Out-of-Pocket Expenses" means amounts reasonably necessary and actually incurred by Transfer Agent in the provision of Transfer Agent services or pursuant to this Agreement for the following purposes: postage (and first class mail insurance in connection with mailing Share certificates), envelopes, check forms, continuous forms, forms for reports and statements, stationery and other similar items, telephone and telegraph charges incurred in answering inquiries from dealers or shareholders, microfilm used to record transactions in shareholder accounts and computer tapes used for permanent storage of records and cost of insertion of materials in mailing envelopes by outside firms. Any charges associated with special or exception processing shall also be considered Out-of-Pocket Expenses. 8. "Prospectus" shall mean the most recent Fund prospectus actually received by the Transfer Agent from the Fund with respect to which the Fund has indicated a registration statement under the Securities Act of 1933, as amended, has become effective, including the Statement of Additional Information, incorpor...
approved institution means one of the branches of the University of North Carolina or one of the North Carolina community colleges.