Common use of Account Activity and Distribution Information Clause in Contracts

Account Activity and Distribution Information. (a) Distributors will provide Service Organization (1) confirmations of Account activity prepared in accordance with Rule 10b-10 under the Securities Exchange Act of 1934, as amended, within five Business Days after each day on which a purchase or redemption of Shares is effected for an Account, (2) statements detailing activity in each Account no less frequently than monthly, and (3) such other information as may be reasonably requested by Service Organization, including such information as is reasonably necessary to verify the receipt and accurate processing of all purchase and redemption orders placed by Service Organization. Where reasonably possible, Distributors will provide Service Organization with direct or indirect systems access to Distributors' systems for obtaining such information. (b) As to each Fund, Distributors shall provide Service Organization with all distribution announcement information as soon as it is announced by each Fund. The distribution information shall set forth ex-dates, record date, payable date, distribution rate per share, record date share balances, cash and reinvested payment amounts and all other information reasonably requested by Service Organization. Where possible, Distributors shall provide Service Organization and its affiliates with direct or indirect systems access to Distributors' systems for obtaining such distribution information. (c) All dividends and capital gains distributions will be automatically reinvested on the payable date at net asset value in accordance with each Fund's then current prospectus.

Account Activity and Distribution Information. (a) Distributors will provide Service Organization Organization (1) confirmations of Account activity prepared in accordance with Rule 10b-10 under the Securities Exchange Act of 1934, as amended, 1934 within five Business Days after each day on which a purchase or redemption of Shares is effected for an Account, (2) statements detailing activity in each Account no less frequently than monthly, and (3) such other information as may be reasonably requested by Service Organization, including such information as is reasonably necessary to verify the receipt and accurate processing of all purchase and redemption orders placed by Service Organization. Where reasonably possible, Distributors will provide Service Organization with direct or indirect systems access to Distributors' systems for obtaining such information. (b) As to each Fund, Distributors shall provide Service Organization with all distribution announcement information as soon as it is announced by each Fund. The distribution information shall set forth ex-dates, record date, payable date, distribution rate per share, record date share balances, cash and reinvested payment amounts and all other information reasonably requested by Service Organization. Where possible, Distributors shall provide Service Organization and its affiliates with direct or indirect systems access to Distributors' systems for obtaining such distribution information. (c) All dividends and capital gains distributions will be automatically reinvested on the payable date at net asset value in accordance with each Fund's then current prospectus.

Account Activity and Distribution Information. (a) Distributors will provide Service Organization Organization (1) confirmations of Account activity prepared in accordance with Rule 10b-10 under the Securities Exchange Act of 1934, as amended, 1934 within five Business Days after each day on which a purchase or redemption of Shares is effected for an Account, (2) statements detailing activity in each Account no less frequently than monthly, and (3) such other information as may be reasonably requested by Service Organization, including such information as is reasonably necessary to verify the receipt and accurate processing of all purchase and redemption orders placed by Service Organization. Where reasonably possible, Distributors will provide Service Organization with direct or indirect systems access to Distributors' systems for obtaining such information. (b) As to each Fund, Distributors shall provide Service Organization with all distribution announcement information as soon as it is announced by each Fund. The distribution information shall set forth ex-dates, record date, payable date, distribution rate per share, record date share balances, cash and reinvested payment amounts and all other information reasonably requested by Service Organization. Where possible, Distributors shall provide Service Organization and its affiliates with direct or indirect systems access to Distributors' systems for obtaining such distribution information. (c) All dividends and capital gains distributions will be automatically reinvested on the payable date at net asset value in accordance with each Fund's then current prospectus.