Common use of ACCOUNT BOOKS AND RECORDS; STATEMENTS Clause in Contracts

ACCOUNT BOOKS AND RECORDS; STATEMENTS. The Depository and Clearing Agent shall maintain books and records identifying all of the funds on deposit from time to time in the Monetary Reserve Account. Not less frequently than once each calendar month, the Depository and Clearing Agent shall provide APX with a statement showing the activity in the Monetary Reserve Account during the preceding calendar month, including any interest credit made pursuant to Section 2.4. APX shall make available to the Participant the information contained in such statement.

ACCOUNT BOOKS AND RECORDS; STATEMENTS. The Depository and Clearing Agent shall maintain books and records identifying all of the funds on deposit from time to time in the Monetary Reserve Settlement Account. Not less frequently than once each calendar month, the Depository and Clearing Agent shall provide APX with a statement showing the activity in the Monetary Reserve Settlement Account during the preceding calendar month, including any interest credit made pursuant to Section 2.4. APX shall make available to the Participant the information contained in such statement.