Common use of Information to be Furnished by the Trusts Clause in Contracts

Information to be Furnished by the Trusts. i. The Trusts have furnished or shall promptly furnish to Citi copies of the Trusts’ Compliance Policies and Procedures (“Trust Procedures”). The Trusts need not deliver copies of Citi policies or procedures which the Trusts determine shall constitute a portion of the Trusts’ compliance program under 38a-1. ii. Consistent with Rule 38a-1, it is understood and agreed that the Trusts and Citi may make modifications to, respectively, the Trust Procedures and the Citi Policies and Procedures. Upon any changes or amendments, each party shall promptly notify the Trusts’ Chief Compliance Officer and, in the event of any material changes or amendments, shall notify the other party. iii. Citi may rely on all documents furnished to it by the Trusts and its agents in connection with the services to be provided under this Agreement, including any amendments to or changes in any of the items to be provided by the Trusts pursuant to (c)(1) of this sub-section.

Appears in 3 contracts

Samples: Administration Agreement (Access One Trust), Administration Agreement (Profunds), Administration Agreement (Profunds)

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Information to be Furnished by the Trusts. i. The Trusts have furnished or shall promptly furnish to Citi copies of the Trusts’ Compliance Policies and Procedures ("Trust Procedures"). The Trusts need not deliver copies of Citi policies or procedures which the Trusts determine shall constitute a portion of the Trusts’ compliance program under 38a-1. ii. Consistent with Rule 38a-1, it is understood and agreed that the Trusts and Citi may make modifications to, respectively, the Trust Procedures and the Citi Policies and Procedures. Upon any changes or amendments, each party shall promptly notify the Trusts’ Chief Compliance Officer and, in the event of any material changes or amendments, shall notify the other party. iii. Citi may rely on all documents furnished to it by the Trusts and its agents in connection with the services to be provided under this Agreement, including any amendments to or changes in any of the items to be provided by the Trusts pursuant to (c)(1) of this sub-section.

Appears in 1 contract

Samples: Administration Agreement (Access One Trust)

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