Compensation of the Company. The Fund agrees to pay the Company compensation for its services and to reimburse it for expenses, as set forth in Schedule A attached hereto, or as shall be set forth in amendments to such Schedule approved by the Fund and Company from time to time. The Fund hereby instructs its Custodian Bank to debit the Fund's custody account for invoices which are rendered by the Company for the services performed for the Accounting agent function, and to make payment on such invoices in accordance with normal practices. Invoices for services supplied or costs incurred by the Company will be sent to the Fund on or about the first business day of each month, and payment thereon shall be made within ten (10) days thereafter. The Fund agrees that the compensation payable hereunder is predicated on the Basic Assumptions, and agrees that any incremental work required to be provided by the Company due to deviation from the Basic Assumptions by the Fund or its agents shall be payable to, or on behalf of, the Company by the Fund.
Appears in 3 contracts
Samples: Accounting Services Agreement (Dominion Funds Inc), Accounting Services Agreement (Ameritor Investment Fund), Accounting Services Agreement (Ameritor Security Trust)
Compensation of the Company. The Fund agrees to pay the Company compensation for its services and to reimburse it for expenses, as set forth in Schedule A attached hereto, or as shall be set forth in amendments to such Schedule approved by the Fund and Company from time to time. The Fund hereby instructs its Custodian Bank to debit the Fund's custody account for invoices which are rendered by the Company for the services performed for the Accounting agent function, function and to make payment on such invoices in accordance with normal practices. Invoices for services supplied or costs incurred by the Company will be sent to the Fund on or about the first business day of each month, and payment thereon shall be made within ten (10) days thereafter. The Fund agrees that the compensation payable hereunder is predicated on the Basic Assumptions, and agrees that any incremental work required to be provided by the Company due to deviation from the Basic Assumptions by the Fund or its agents shall be payable to, or on behalf of, the Company by the Fund.
Appears in 2 contracts
Samples: Accounting Services Agreement (Valley Forge Capital Holdings Total Return Fund Inc), Accounting Services Agreement (Monument Series Fund Inc)
