Common use of Client Accounts Clause in Contracts

Client Accounts. The Client will have full beneficial ownership of the Fund shares. Shares will, however, be registered in the name of the Advisor or its nominee, pursuant to instructions for registration received from the Advisor from time to time. The Advisor assumes full responsibility for the timely delivery to the Client of then-current prospectuses of the Funds and confirmations for the purchase and redemption of shares of the Funds, as well as all other documentation sent by the Funds to the registered owners, including, without limitation, semi-annual and annual reports to shareholders, proxy materials and tax notices. Upon request of a Client, the Advisor shall deliver to such Client the SAIs of any Funds. If a Client account is established without signature by the Client on the Application form then currently in use by DD, LLC for the Funds, the Advisor represents that the instructions received from the Advisor relating to registration (including, without limitation, the Client's tax identification number, any tax withholding information and any information required from time to time by the NASD and the selection of options and privileges) are in accordance with the Client's instructions and the Advisor shall indemnify the Funds, the Funds' Transfer Agent and DD, LLC for any loss, expense, costs, or claims (including legal fees) resulting from acting upon such instructions.

Client Accounts. The Client will have full beneficial ownership of the ---------------- Fund shares. Shares will, however, be registered in the name of the Advisor or its nominee, pursuant to instructions for registration received from the Advisor from time to time. The Advisor assumes full responsibility for the timely delivery to the Client of then-current prospectuses of the Funds and confirmations for the purchase and redemption of shares of the Funds, as well as all other documentation sent by the Funds to the registered owners, including, without limitation, semi-annual and annual reports to shareholders, proxy materials and tax notices. Upon request of a Client, the Advisor shall deliver to such Client the SAIs of any Funds. If a Client account is established without signature by the Client on the Application form then currently in use by DD, LLC for the Funds, the Advisor represents that the instructions received from the Advisor relating to registration (including, without limitation, the Client's tax identification number, any tax withholding information and any information required from time to time by the NASD and the selection of options and privileges) are in accordance with the Client's instructions and the Advisor shall indemnify the Funds, the Funds' Transfer Agent and DD, LLC for any loss, expense, costs, or claims (including legal fees) resulting from acting upon such instructions.