Common use of Cash Contributions Clause in Contracts

Cash Contributions. Unless otherwise determined by the Chief Investment Officer, each Participant may, from time to time, increase its Participant Balance in a particular Portfolio by making a cash payment to the Administrator for the account of the Lead Agent or Governing Board in accordance with the Contribution Procedures to be invested in such Portfolio. Each time a Participant makes such a payment, its Participant Balance shall be increased (as of the time and date specified in the Contribution Procedures) by the amount of such payment. Each Participant shall have electronic access to a printable activity report provided by the Administrator or Custodian reflecting each contribution no later than the next Business Day.