Common use of ACTIVITY REPORTING AND VERIFICATION Clause in Contracts

ACTIVITY REPORTING AND VERIFICATION. The Fund or its transfer agent will transmit or make available to the Company, via Networking (including DST Vision), a report containing any transactions or other activity occurring in a T/A Account on a Business Day, including any Fund/SERV transactions, and the share balance for each T/A Account in accordance with Fund/SERV's Networking guidelines. The Company will promptly review and verify this information and immediately advise the Fund or its transfer agent in writing of any discrepancies between the Company's records and the balance in the T/A Account(s). The Company will, immediately on receipt of any activity or position file concerning an Account, verify the information contained therein against the information contained on the Company's record-keeping system and immediately advise the Fund in writing of any discrepancies between such information. The Fund and the Company will cooperate to resolve any such discrepancies as soon as reasonably practicable.