SHARE INFORMATION. The Trust shall, and shall require each of its agents (including without limitation its Transfer Agent and its Custodian), to provide NYLIM as of the close of each business day, or on such other schedule as the Trust determines is necessary (to be delivered to NYLIM by 10:00 a.m. the next following business day), all data and information necessary for NYLIM to maintain the Trust's Accounts and Records and NYLIM may conclusively assume that the information it receives is complete and accurate. Among the information to be received by NYLIM are reports of Share purchases, redemptions, and total shares outstanding on the next business day after each net asset valuation. If supplied by the Trust, any such information shall be supplied by Written or Oral Instructions.
Appears in 3 contracts
Sources: Fund Accounting Agreement (Mainstay Funds), Fund Accounting Agreement (Mainstay Funds), Fund Accounting Agreement (Mainstay Funds)