Common use of Records, Reporting Clause in Contracts

Records, Reporting. The Custodian shall with respect to each Portfolio create and maintain all records relating to its activities and obligations under this Agreement in such manner as will meet the obligations of each Fund under the 1940 Act, with particular attention to Section 31 thereof and Rules 31a-1 and 31a-2 thereunder. All such records shall be the property of the Fund and shall at all times during the regular business hours of the Custodian be open for inspection by duly authorized officers, employees or agents of the Fund and employees and agents of the SEC. In the event that the Custodian is requested or authorized by a Fund, or requested by subpoena, administrative order, court order or other legal process, applicable law or regulation, or required in connection with any investigation, examination or inspection of the Fund by state or federal regulatory agencies, to product the records of the Fund or the Custodian’s personnel as witnesses (a “Records Request”), the Fund agrees to pay the Custodian for the Custodian’s time and expenses, as well Information Classification: Limited Access as the fees and expenses of the Custodian’s counsel, incurred in responding to such request, order or requirement; the foregoing shall not apply to a Records Request incurred in the ordinary course of business, including, but not limited to, routine regulatory examinations of any Fund or its investment adviser. The Custodian shall render to the Company such written reports as the parties shall agree will be provided from time to time.

Records, Reporting. The Custodian shall with respect to each Portfolio create and maintain all records relating to its activities and obligations under this Agreement in such manner as will meet the obligations of each Fund under the 1940 Act, with particular attention to Section 31 thereof and Rules 31a-1 and 31a-2 thereunder. All such records shall be the property of the Fund and shall at all times during the regular business hours of the Custodian be open for inspection by duly authorized officers, employees or agents of the Fund and employees and agents of the SEC. In the event that the Custodian is requested or authorized by a Fund, or requested by subpoena, administrative order, court order or other legal process, applicable law or regulation, or required in connection with any investigation, examination or inspection of the Fund by state or federal regulatory agencies, to product the records of the Fund or the Custodian’s personnel as witnesses (a “Records Request”), the Fund agrees to pay the Custodian for the Custodian’s time and expenses, as well Information Classification: Limited Access as the fees and expenses of the Custodian’s counsel, incurred in responding to such request, order or requirement; the foregoing shall not apply to a Records Request incurred in the ordinary course of business, including, but not limited to, routine regulatory examinations of any Fund or its investment adviser. The Custodian shall render to the Company such written reports as the parties shall agree will be provided from time to time.