Common use of Confirmation and Statements Clause in Contracts

Confirmation and Statements. Promptly after the close of business on each day, the Custodian shall furnish each Fund with confirmations and a summary of all transfers to or from the account of the Fund during said day. Where securities purchased by the Funds are in a tangible bulk of securities registered in the name of the Custodian (or its nominee) or shown on the Custodian's account on the books of a Depository or the Book-Entry System, the Custodian shall by book entry or otherwise identify the quantity of those securities belonging to the Funds. At least monthly, the Custodian shall furnish each Fund with a detailed statement of the Securities and monies held for the Fund under this Agreement. The Custodian shall also furnish St. Clair with such periodic and special reports as St. Clair may reasonably request, and such other information as may be agreed upon from time to time.

Confirmation and Statements. Promptly after the close of business on each day, the Custodian shall furnish each Fund with confirmations and a summary of all transfers to or from the account of the Fund during said day. Where securities purchased by the Funds are in a tangible bulk of securities registered in the name of the Custodian (or its nominee) or shown on the Custodian's account on the books of a Depository or the Book-Entry System, the Custodian shall by book entry or otherwise identify the quantity of those securities belonging to the Funds. At least monthly, the Custodian shall furnish each Fund with a detailed statement of the Securities and monies held for the Fund under this Agreement. The Custodian shall also furnish St. Clair the Trust with such periodic and special reports as St. Clair the Trust may reasonably request, and such other information as may be agreed upon from time to time.

Confirmation and Statements. Promptly after the close of business on each day, the Custodian shall furnish each Fund with confirmations and a summary of all transfers to or from the account of the Fund during said day. Where securities purchased by the Funds are in a tangible bulk of securities registered in the name of the Custodian (or its nominee) or shown on the Custodian's account on the books of a Depository or the Book-Entry System, System the Custodian shall by book entry or otherwise identify the quantity of those securities belonging to the Funds. At least monthly, the Custodian shall furnish each Fund with a detailed statement of the Securities and monies held for the Fund under this Agreement. The Custodian shall also furnish St. Clair Mutual Fund with such periodic and special reports as St. Clair Mutual Fund may reasonably request, and such other information as may be agreed upon from time to time.

Confirmation and Statements. Promptly after the close of business on ---------------------------- each day, the Custodian shall furnish each Fund with confirmations and a summary of all transfers to or from the account of the Fund during said day. Where securities purchased by the Funds are in a tangible bulk of securities registered in the name of the Custodian (or its nominee) or shown on the Custodian's account on the books of a Depository or the Book-Entry System, the Custodian shall by book entry or otherwise identify the quantity of those securities belonging to the Funds. At least monthly, the Custodian shall furnish each Fund with a detailed statement of the Securities and monies held for the Fund under this Agreement. The Custodian shall also furnish St. Clair the Trust with such periodic and special reports as St. Clair the Trust may reasonably request, and such other information as may be agreed upon from time to time.

Confirmation and Statements. Promptly after the close of business on each day, the Custodian shall furnish each the Fund with confirmations and a summary of all transfers to or from the account of the Fund during said day. Where securities purchased by the Funds Fund are in a tangible bulk of securities registered in the name of the Custodian (or its nominee) or shown on the Custodian's account on the books of a Depository or the Book-Entry System, the Custodian shall by book entry or otherwise identify the quantity of those securities belonging to the FundsFund. At least monthly, the Custodian shall furnish each the Fund with a detailed statement of the Securities and monies held for the Fund under this Agreement. The Custodian shall also furnish St. Clair the Company with such periodic and special reports as St. Clair the Company may reasonably request, and such other information as may be agreed upon from time to time.