ACCOUNTING AGENT. As fund accounting agent, INVESCO (NY) shall:
(1) Calculate the net income of each Fund;
(2) Calculate capital gains or losses for each Fund from the sale or disposition of assets, if any;
(3) Maintain the general ledger and other accounts, books and financial records of the Company, as required under Section 31(a) of the 1940 Act and the rules promulgated by the Commission thereunder in connection with the services provided by INVESCO (NY);
(4) Perform the following functions on a daily basis:
(A) journalize each Fund's investment, capital share and income and expense activities;
(B) reconcile cash and investment balances of each Fund with the Custodian and provide the Funds' investment manager with the beginning cash balance available for investment purposes and update the cash availability throughout the day as required by the investment manager;
(C) verify investment buy/sell trade tickets received from a Fund's investment manager and transmit trades to a Fund's Custodian for proper settlement;
(D) maintain individual ledgers for investment securities;
(E) maintain historical tax lots for investment securities;
(F) calculate various contractual expenses (e.g., advisory and custody fees);
(G) post to and prepare the Funds' statement of assets and liabilities and statement of operations; and
(H) monitor expense accruals and notify an Authorized Person of any proposed adjustments;
(5) Receive and act upon notices, Oral and Written Instructions, certificates, instruments or other communications from a Fund's shareholder servicing and transfer agent;
(6) Assist in the preparation of financial statements semiannually which will include the following items:
(A) schedule of investments;
(B) statement of assets and liabilities;
(C) statement of operations;
(D) changes in net assets;
(E) cash statement; and
(F) schedule of capital gains and losses;
(7) Prepare monthly security transaction listings;
(8) Prepare quarterly broker security transactions summaries; and
(9) At the reasonable request of the Company, assist in the preparation of various reports or other financial documents required by federal, state and other appropriate laws and regulations.
ACCOUNTING AGENT. The Transfer Agent shall act as the accounting agent of the Company and the Registered Holders and shall establish and maintain a book entry system of accounting for the Preferred Shares (the "Accounting Ledger") crediting (reducing) the outstanding Liquidation Preference (as such term is defined in the Certificate of Designation) by all (i) payments in cash made by the Company to the Transfer Agent as paying agent as required pursuant to Section 3 above, and (ii) by the appropriate amount upon delivery of Converted Stock to the applicable Registered Holder following receipt of a Notice of Conversion (as each such term is defined in Section 5 below). At such time as the balance of the Liquidation Preference for the Preferred Shares as reflected on the Accounting Ledger is zero following the procedures described in this Agreement, the Transfer Agent shall return such Preferred Shares to the Company marked "Cancelled".
ACCOUNTING AGENT. As fund accounting agent, Chancellor LGT shall:
(1) Calculate the net income of the Fund;
(2) Calculate capital gains or losses for the Fund from the sale or disposition of assets, if any;
(3) Maintain the general ledger and other accounts, books and financial records of the Fund and the Portfolio, as required under Section 31(a) of the 1940 Act and the rules promulgated by the Commission thereunder in connection with the services provided by Chancellor LGT;
(4) Perform the following functions on a daily basis:
(A) journalize the Fund's and the Portfolio's investment, capital share and income and expense activities;
(B) reconcile cash and investment balances of the Fund and the Portfolio with the Custodian and provide the Portfolio's investment manager with the beginning cash balance available for investment purposes and update the cash availability throughout the day as required by the investment manager;
(C) verify investment buy/sell trade tickets received from the Fund's investment manager and transmit trades to the Fund's Custodian for proper settlement;
(D) maintain individual ledgers for investment securities;
(E) maintain historical tax lots for investment securities;
(F) calculate various contractual expenses (e.g., advisory and custody fees);
(G) post to and prepare the Fund's and the Portfolio's statement of assets and liabilities and statement of operations; and
ACCOUNTING AGENT. As fund accounting agent, INVESCO (NY) shall:
3 (1) Calculate the net income of each Fund;
ACCOUNTING AGENT. The Transfer Agent shall act as the accounting agent of the Company and the Registered Debentureholders and shall establish and maintain a book entry system of accounting for the Debentures (the "Accounting Ledger") crediting (reducing) the outstanding balance owed thereunder by all (i) payments of principal made by the Company to the Transfer Agent as paying agent as required pursuant to Section 3 above, (ii) by the appropriate amount upon delivery of Converted Stock to the applicable Registered Debentureholders following receipt of a Notice of Conversion (as each such term is defined in Section 5 below), and (iii) by payments in cash of interest made by the Company to the Registered Debentureholders of which notice is given to the Transfer Agent pursuant to Section 3 above. At such time as the remaining sum due and owing on any Debenture as reflected on the Accounting Ledger is zero following the procedures described in this Agreement, the Transfer Agent shall return such Debenture to the Company marked "Paid in Full."
ACCOUNTING AGENT. As fund accounting agent, INVESCO (NY) shall:
(1) Calculate the net income of each Fund;
(2) Calculate capital gains or losses for each Fund from the sale or disposition of assets, if any;
(3) Maintain the general ledger and other accounts, books and financial records of the Company, as required under Section 31(a) of the 1940 Act and the rules promulgated by the Commission thereunder in connection with the services provided by INVESCO (NY);
(4) Perform the following functions on a daily basis:
(A) journalize each Fund's investment, capital share and income and expense activities;
(B) reconcile cash and investment balances of each Fund with the Custodian and provide the Funds' investment manager with the beginning cash balance available for investment purposes and update the cash availability throughout the day as required by the investment manager;
ACCOUNTING AGENT. As fund accounting agent, AIM shall:
(1) Calculate the net income of each Fund;
(2) Calculate capital gains or losses for each Fund from the sale or disposition of assets, if any;
ACCOUNTING AGENT. The functions of an Accounting Agent include the following:
ACCOUNTING AGENT. In the event that the Administrator ceases to act as the administrator to a Fund, such Fund shall pay the Accounting Agent such accounting fee. In addition to accounting fees, the Accounting Agent shall xxxx the Fund separately for any out-of-pocket disbursements of the Accounting Agent. Out-of-pocket disbursements shall include, but shall not be limited to, postage, including courier services; telephone; telecommunications; printing, duplicating and photocopying charges; forms and supplies; filing fees; legal expenses; and travel expenses. The foregoing fees and disbursements shall be billed to the Fund by the Accounting Agent and shall be paid promptly by wire transfer or other appropriate means to the Accounting Agent.
ACCOUNTING AGENT. All services performed by the ACCOUNTING AGENT under the provisions of this Agreement shall be rendered as an ACCOUNTING AGENT engaged by the ASSOCIATION.
