Common use of Daily Clause in Contracts

Daily. 1. Name and address changes 2. Name and address additions and deletions 3. Transaction Register a. Purchases b. Redemptions c. Transfer and adjustments 4. Cash reconciliation - Cash received for day 5. Check reconciliation - checks issued for day 6. Transaction reconciliation a. Amount received b. Total shares purchased c. Number of purchase transactions d. Dollar amount redeemed e. Shares redeemed f. Number of accounts redeeming g. Checks issued for redemptions

Daily. 1. Name and address changes 2. Name and address additions and deletions 3. Transaction Register a. Purchases b. Redemptions c. Transfer and adjustments 4. Cash reconciliation - Cash received for day day 5. Check reconciliation - checks Checks issued for day 6. Transaction reconciliation a. Amount received b. Total shares purchased c. Number of purchase transactions d. Dollar amount redeemed e. Shares redeemed f. Number of accounts redeeming g. Checks issued for redemptions

Daily. 1. Name and address changes 2. Name and address additions and deletions 3. Transaction Register a. Purchases b. Redemptions c. Transfer and adjustments 4. Cash reconciliation - Cash received for day day 5. Check reconciliation - checks issued for day 6. Transaction reconciliation a. Amount received b. Total shares purchased c. Number of purchase transactions d. Dollar amount redeemed e. Shares redeemed f. Number of accounts redeeming g. Checks issued for redemptions

Daily. 1. Name and address changes 2. Name and address additions and deletions 3. Transaction Register a. Purchases b. Redemptions c. Transfer and adjustments 4. Cash reconciliation - Cash received for day 5. Check reconciliation - checks issued for day 6. Transaction reconciliation a. Amount received b. Total shares purchased c. Number of purchase transactions transactions d. Dollar amount redeemed redeemed e. Shares redeemed f. Number of accounts redeeming g. Checks issued for redemptions

Daily. 1. Name and address changes 2. Name and address additions and deletions 3. Transaction Register a. Purchases b. Redemptions c. Transfer and adjustments 4. Cash reconciliation - -- Cash received for day 5. Check reconciliation - -- checks issued for day 6. Transaction reconciliation a. Amount received b. Total shares purchased c. Number of purchase transactions d. Dollar amount redeemed e. Shares redeemed f. Number of accounts redeeming redeeming g. Checks issued for redemptions