LIABILITY a. It will be the normal practice of the Fund not to hold RPS liable with respect to any Transaction which causes Dilution to any single Fund of less than $25,000. RPS will, however, closely monitor for each Fund the daily and Cumulative Gain/Dilution which is caused by Transactions of less than $25,000. When the Cumulative Dilution to any Fund exceeds 3/10 of 1% per share, RPS, in consultation PAGE 25 with counsel to the Fund, will make appropriate inquiry to determine whether it should take any remedial action. RPS will report to the Board of Directors/Trustees of the Fund ("Board"), as appropriate, any action it has taken.
Appears in 7 contracts
Samples: Agreement (Price T Rowe Tax Efficient Balanced Fund Inc), Agreement (Price T Rowe Personal Strategy Funds Inc), Agreement Between T. Rowe Price Retirement Plan Services, Inc. And the Taxable Funds (Price T Rowe Real Estate Fund Inc)
LIABILITY a. It will be the normal practice of the Fund not to hold RPS liable with respect to any Transaction which causes Dilution to any single Fund of less than $25,000. RPS will, however, closely monitor for each Fund the daily and Cumulative Gain/Dilution which is caused by Transactions of less than $25,000. When the Cumulative Dilution to any Fund exceeds 3/10 of 1% per share, RPS, in consultation PAGE 25 with counsel to the Fund, will make appropriate inquiry to determine whether it should take any remedial action. RPS will report to the Board of Directors/Trustees of the Fund ("BoardBOARD"), as appropriate, any action it has taken.
Appears in 3 contracts
Samples: Service Agreement (Price T Rowe High Yield Fund Inc), Service Agreement (Institutional Domestic Equity Funds Inc), Service Agreement (Price T Rowe Small Cap Stock Fund Inc)
LIABILITY a. It will be the normal practice of the Fund not to hold RPS liable with respect to any Transaction which causes Dilution to any single Fund of less than $25,000. RPS will, however, closely monitor for each Fund the daily and Cumulative Gain/Dilution which is caused by Transactions of less than $25,000. When the Cumulative Dilution to any Fund exceeds 3/10 of 1% per share, RPS, in consultation PAGE 25 with counsel to the Fund, will make appropriate inquiry to determine whether it should take any remedial action. RPS will report to the Board of Directors/Trustees of the Fund ("BoardBOARD"), as appropriate, any action it has taken.. b. Where a Transaction causes Dilution to a Fund greater than $25,000 ("SIGNIFICANT TRANSACTION") but less than $100,000, RPS will review with Counsel to the Fund the circumstances
Appears in 2 contracts
Samples: Agreement Between T. Rowe Price Retirement Plan Services, Inc. And the Taxable Funds (Price T Rowe Tax Efficient Balanced Fund Inc), Agreement Between T. Rowe Price Retirement Plan Services, Inc. And the Taxable Funds (Institutional International Funds Inc)
