Directed Payment; Allocable Portion Calculations. Sierra Services may direct the Trust to pay any part or all of the EWCs payable to Sierra Services in respect of any Shares directly to persons providing funds to Sierra Services to cover or otherwise enable the incurring of expenses associated with distribution services, and the Trust agrees to accept and to comply with such direction. Sierra Services shall, at its own expense and not the expense of the Trust, provide the Trust with any necessary calculations of Sierra Services's Allocable Portion of any EWCs, and the Trust shall be entitled to rely conclusively on such calculations, without prejudice to any claim it may have concerning the accuracy of such calculations.
Appears in 6 contracts
Samples: Distribution Agreement (Sierra Prime Income Fund), Distribution Agreement (Sierra Prime Income Fund), Distribution Agreement (Sierra Prime Income Fund)
