Common use of Light Digital Offering Clause in Contracts

Light Digital Offering. The selection of the Light Digital Offering shall be binding on the Trust for one quarter. Following any quarter for which the Trust has selected the Light Digital Offering the Trust may select (i) Comprehensive Digital Services, (ii) the Light Digital Offering for an additional quarter, or (iii) only the basic board services provided under the Agreement.

Appears in 6 contracts

Samples: Fund Administration Servicing Agreement (Monetta Trust), Fund Administration Servicing Agreement (MainGate Trust), Fund Administration Servicing Agreement (PFM Multi-Manager Series Trust)

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Light Digital Offering. The selection of the Light Digital Offering shall be binding on the Trust for one quarter. Following any quarter for which the Trust has selected the Light Digital Offering the Trust may select (i) Comprehensive Digital Services, (ii) the Light Digital Offering for an additional quarter, or (iii) only the basic board services provided under the Agreement. Absent an affirmative selection, the prior quarter’s selection will continue automatically for successive one-quarter periods.

Appears in 4 contracts

Samples: Fund Administration Servicing Agreement (Stone Ridge Trust V), Fund Administration Servicing Agreement (Stone Ridge Trust IV), Fund Administration Servicing Agreement (Stone Ridge Trust II)

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Light Digital Offering. The selection of the Light Digital Offering shall be binding on the Trust for one quarter. Following any quarter for which the Trust has selected the Light Digital Offering the Trust may select (i) Comprehensive Digital Services, (ii) the Light Digital Offering for an additional quarter, or (iii) only the basic board services provided under the Agreement.)

Appears in 1 contract

Samples: Fund Administration Agreement (Stone Ridge Trust VIII)

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