Fund Data. The Funds shall be solely responsible for the accuracy, completeness, and timeliness of all data and other information provided to the Administrator by or on behalf of the Funds pursuant to this Agreement (including, without limitation, (i) prices, (ii) sufficient transaction supporting documentation, (iv) the terms of any agreement between a Fund or the Investment Adviser and an investor regarding any dividend reinvestment, fee arrangement, access to portfolio information or any other arrangement that may impact or affect the Services, (v) trade and settlement information from prime brokers and custodians), and (vi) information or instructions provided to the Administrator via the Web Access (collectively, “Fund Data”). All Fund Data shall be provided to the Administrator on a timely basis and in a format and medium reasonably requested by the Administrator from time to time. The Funds shall have an ongoing obligation to promptly update all in respect of any material changes Fund Data so that such information remains current, complete and materially accurate. All Fund Data shall be prepared and maintained, by or on behalf of the applicable Fund, in accordance with applicable law, the Fund Materials and generally acceptable accounting principles. The Administrator shall be entitled to rely on all Fund Data and shall have no liability for any loss, damage or expense incurred by the Funds or any other Person to the extent that such loss, damage or expense arises out of or is related to Fund Data that is not timely, current, complete and accurate.
Appears in 2 contracts
Sources: Administration Agreement (Delaware Wilshire Private Markets Fund), Administration Agreement (Delaware Wilshire Private Markets Tender Fund)