Common use of Transactions Effected Pursuant to Error Corrections and Late Reports Clause in Contracts

Transactions Effected Pursuant to Error Corrections and Late Reports. ReFlow shall purchase shares of Participating Funds based on error corrections and late reports on a first come, first served basis, until the cash available as determined by ReFlow runs out, up until Market Close that day. Purchase and redemption orders from ReFlow resulting from error corrections and late reports shall occur automatically, and the Fund shall effect such transactions at the NAV of the Fund determined at the Market Close that day. Fee Payment. If the Fund is a Winning Fund in an Auction, the Fund shall pay to ReFlow the Auction Program Fee, which shall equal to the Fund's Fee Bid multiplied by the aggregate dollar amount of Shares purchased in the Auction.