Common use of Maintaining Books and Records Clause in Contracts

Maintaining Books and Records. In performing Web Services, Fund Services will maintain customary records, in particular, all records required to be maintained pursuant to subparagraph (2)(iv) of paragraph (b) of Rule 31a-1 under the Investment Company Act of 1940 (the "1940 Act"). Fund Services may send periodically to the Fund, or to the person or location designated by the Secretary or an Assistant Secretary of the Fund, all books, documents and records no longer deemed needed for current purposes, upon the understanding that these books, documents, and records will be maintained by the Fund under and in accordance with the requirements of Rule 17Ad-7 adopted under the Securities Exchange Act of 1934. These books, documents and records will be safely stored by Fund for possible future reference and will not be destroyed by the Fund without the consent of Fund Services, which consent will not be unreasonably withheld.

Maintaining Books and Records. In performing Web Services, Fund Services will maintain customary records, in particular, all records required to be maintained pursuant to subparagraph (2)(iv) of paragraph (b) of Rule 31a-1 under the Investment Company Act of 1940 (the "“1940 Act"”). Fund Services may send periodically to the FundTrust, or to the person or location designated by the Secretary or an Assistant Secretary of the FundTrust, all books, documents and records no longer deemed needed for current purposes, upon the understanding that these books, documents, and records will be maintained by the Fund Trust under and in accordance with the requirements of Rule 17Ad-7 adopted under the Securities Exchange Act of 1934. These books, documents and records will be safely stored by Fund Trust for possible future reference and will not be destroyed by the Fund Trust without the consent of Fund Services, which consent will not be unreasonably withheld.

Maintaining Books and Records. In performing Web Services, Fund Services will maintain customary records, in particular, all records required to be maintained pursuant to subparagraph (2)(iv) of paragraph (b) of Rule 31a-1 under the Investment Company Act of 1940 (the "1940 Act"). Fund Services may send periodically to the FundTrust, or to the person or location designated by the Secretary or an Assistant Secretary of the FundTrust, all books, documents and records no longer deemed needed for current purposes, upon the understanding that these books, documents, and records will be maintained by the Fund Trust under and in accordance with the requirements of Rule 17Ad-7 adopted under the Securities Exchange Act of 1934. These books, documents and records will be safely stored by Fund Trust for possible future reference and will not be destroyed by the Fund Trust without the consent of Fund Services, which consent will not be unreasonably withheld.