APPOINTMENT AS RECORDKEEPING AND NET ASSET VALUE CALCULATION AGENT Sample Clauses

APPOINTMENT AS RECORDKEEPING AND NET ASSET VALUE CALCULATION AGENT. The Custodian is hereby appointed recordkeeping and net asset value calculation agent for the International Equity Portfolio only, responsible for creating, maintaining and retaining such records relating to its obligations under this Agreement as are required under the 1940 Act (including Section 31 thereof and Rules 31 a-l and 31 a-2 thereunder). All such records will be the property of the Portfolio.

APPOINTMENT AS RECORDKEEPING AND NET ASSET VALUE CALCULATION AGENT. The Custodian is hereby appointed recordkeeping and net asset value calculation agent responsible for creating, maintaining and retaining such records relating to its obligations under this Agreement as are required under the 1940 Act (including Section 31 thereof and Rules 31a-1 and 31a-2 thereunder). All such records will be the property of the Fund. The Custodian shall compute and determine the net asset value per share of the Fund as of the close of regular business on the New York Stock Exchange on each day on which such Exchange is open, unless otherwise directed by Proper Instructions. Such computation and determination shall be made in accordance with (1) the provisions of the Fund's Declaration of Trust or Certificate of Incorporation and By-Laws (or comparable documents), as they may from time to time be amended and delivered to the Custodian, (2) the votes of the Board of Trustees or Directors of the Fund at the time in force and applicable, as they may from time to time be delivered to the Custodian, (3) the Fund's current prospectus and statement of additional information, and (4)