Common use of Dividends and Capital Gains Distributions Clause in Contracts

Dividends and Capital Gains Distributions. (a) As to each Fund, as soon as practicable after the announcement of a distribution, Agent shall be notified of the ex-date, record date, payable date, distribution rate per Share, record date Share balances and cash and reinvestment payment amounts. (b) On the payable date, the Trust shall wire the cash distribution from the appropriate Fund to Agent at NFSC, ABA #000-000-000 Attention: Seven Seas Series Fund, State Street Brokerage Services, Inc. (c) For each Fund that pays daily dividends, the Trust shall provide on a daily basis, the following record date information: daily rate, account share balance, account accrual dividend amount (for that day), account accrual dividend amount (for period to date), and account transfers and period-to-date accrual amounts. Such information shall be provided by facsimile to (000) 000-0000. (d) For annual tax reporting purposes, the Trust shall inform Agent of the portion of distributions that include any of the following: foreign source income, tax exempt income by state of origin, or return of capital.

Dividends and Capital Gains Distributions. (a) As to each Fund, as soon as practicable after the announcement of a distribution, Agent shall be notified of the ex-date, record date, payable date, distribution rate per Share, record date Share balances and cash and reinvestment payment amounts. (b) On the payable date, the Trust shall wire the cash distribution from the appropriate Fund to Agent at NFSC, ABA #000-000-000 Attention: Seven Seas Series FundSSgA Funds, State Street Brokerage Services, Inc.Solutions. (c) For each Fund that pays daily dividends, the Trust shall provide on a daily basis, the following record date information: daily rate, account share balance, account accrual dividend amount (for that day), account accrual dividend amount (for period to date), and account transfers and period-to-date accrual amounts. Such information shall be provided by facsimile to (000) 000-0000. (d) For annual tax reporting purposes, the Trust shall inform Agent of the portion of distributions that include any of the following: foreign source income, tax exempt income by state of origin, or return of capital.

Dividends and Capital Gains Distributions. (a) As to each Fund, as soon as practicable after the announcement of a distribution, Agent shall be notified of the ex-date, record date, payable date, distribution rate per Share, record date Share balances and cash and reinvestment payment amounts. (b) On the payable date, the Trust shall wire the cash distribution from the appropriate Fund to Agent at NFSC, ABA #000-000-000 Attention: Seven Seas Series Fund, State Street Brokerage Services, Inc.Retirement Services Division. (c) For each Fund that pays daily dividends, the Trust shall provide on a daily basis, the following record date information: daily rate, account share balance, account accrual dividend amount (for that day), account accrual dividend amount (for period to date), and account transfers and period-to-date accrual amounts. Such information shall be provided by facsimile to (000) 000-0000. (d) For annual tax reporting purposes, the Trust shall inform Agent of the portion of distributions that include any of the following: foreign source income, tax exempt income by state of origin, or return of capital.

Dividends and Capital Gains Distributions. (a) As to each Fund, as soon as practicable after the announcement of a distribution, Agent shall be notified of the ex-date, record date, payable date, distribution rate per Share, record date Share balances and cash and reinvestment payment amounts. (b) On the payable date, the Trust shall wire the cash distribution from the appropriate Fund to Agent at NFSC, ABA #000-000-000 Attention: Seven Seas Series Fund, State Street Brokerage ServicesCommercial Banking , Inc.Metropolitan Division. (c) For each Fund that pays daily dividends, the Trust shall provide on a daily basis, the following record date information: daily rate, account share balance, account accrual dividend amount (for that day), account accrual dividend amount (for period to date), and account transfers and period-to-date accrual amounts. Such information shall be provided by facsimile to (000) 000-0000. (d) For annual tax reporting purposes, the Trust shall inform Agent of the portion of distributions that include any of the following: foreign source income, tax exempt income by state of origin, or return of capital.