Common use of Management and Administrative Services Clause in Contracts

Management and Administrative Services. The Manager shall perform, or supervise the performance of, the management and administrative services necessary for the operation of each Fund, including administering shareholder accounts and handling shareholder relations. The Manager shall provide each Fund with office space, equipment and facilities and such other services as the Manager, subject to review by the Board of Directors of the Corporation, shall from time to time determine to be necessary or useful to perform its obligations under this Agreement. The Manager shall also, on behalf of each Fund, conduct relations with custodians, depositories, transfer agents, dividend disbursing agents, other shareholder servicing agents, accountants, attorneys, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and such other persons in any such other capacity deemed to be necessary or desirable. The Manager shall monitor each Fund's compliance with investment policies and restrictions as set forth in the currently effective prospectus and statement of additional information relating to the shares of such Fund under the Securities Act of 1933, as amended (the "Prospectus" and "Statement of Additional Information," respectively). The Manager shall make reports to the Board of Directors of the Corporation of the performance of obligations hereunder with respect to each Fund and furnish advice and recommendations with respect to such other aspects of the business and affairs of the Funds as it shall determine to be desirable. The Manager, and its affiliates, shall for all purposes herein be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Corporation in any way or otherwise be deemed an agent of the Corporation or any Fund.

Management and Administrative Services. The Manager shall perform, or supervise the performance of, the management and administrative services necessary for the operation of each Fund, the Fund including administering shareholder accounts and handling shareholder relations. The Manager shall provide each the Fund with office space, equipment and facilities and such other services as the Manager, subject to review by the Board of Directors of the CorporationFund, shall from time to time determine to be necessary or useful to perform its obligations under this Agreement. The Manager shall also, on behalf of each the Fund, conduct relations with custodians, depositories, transfer agents, dividend disbursing agents, other shareholder servicing agents, accountants, attorneys, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and such other persons in any such other capacity deemed to be necessary or desirable. The Manager shall generally monitor each the Fund's compliance with investment policies and restrictions as set forth in filings made by the currently effective prospectus and statement of additional information relating to the shares of such Fund under the Securities Act of 1933, as amended (the "Prospectus" and "Statement of Additional Information," respectively)Federal securities laws. The Manager shall make reports to the Board of Directors of the Corporation Fund of the performance of its obligations hereunder with respect to each Fund and furnish advice and recommendations with respect to such other aspects of the business and affairs of the Funds Fund as it shall determine to be desirable. The Manager, Manager and each of its affiliates, affiliates shall for all purposes herein be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Corporation Fund in any way or otherwise be deemed an agent of the Corporation or any Fund.

Management and Administrative Services. The Manager shall perform, or supervise the performance of, the management and administrative services necessary for the operation of each Fund, the Fund including administering shareholder stockholder accounts and handling shareholder stockholder relations. The Manager shall provide each the Fund with office space, equipment and facilities and such other services as the Manager, subject to review by the Board of Directors of the CorporationFund, shall from time to time determine to be necessary or useful to perform its obligations under this Agreement. The Manager shall also, on behalf of each the Fund, conduct relations with custodians, depositories, transfer agents, dividend disbursing agents, other shareholder stockholder servicing agents, accountants, attorneys, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and such other persons in any such other capacity deemed to be necessary or desirable. The Manager shall generally monitor each the Fund's compliance with investment policies and restrictions as set forth in filings made by the currently effective prospectus and statement of additional information relating to the shares of such Fund under the Securities Act of 1933, as amended (the "Prospectus" and "Statement of Additional Information," respectively)Federal securities laws. The Manager shall make reports to the Board of Directors of the Corporation Fund of the performance of its obligations hereunder with respect to each Fund and furnish advice and recommendations with respect to such other aspects of the business and affairs of the Funds Fund as it shall determine to be desirable. The Manager, Manager and each of its affiliates, affiliates shall for all purposes herein be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Corporation in any way or otherwise be deemed an agent of the Corporation or any Fund.provided

Management and Administrative Services. The Manager shall perform, or supervise the performance of, the management and administrative services necessary for the operation of each Fund, the Fund including administering shareholder accounts and handling shareholder relations. The Manager shall provide each the Fund with office space, equipment and facilities and such other services as the Manager, subject to review by the Board of Directors of the CorporationFund, shall from time to time determine to be necessary or useful to perform its obligations under this Agreement. The Manager shall also, on behalf of each the Fund, conduct relations with custodians, depositories, transfer agents, dividend disbursing agents, other shareholder servicing agents, accountants, attorneys, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and such other persons in any such other capacity deemed to be necessary or desirable. The Manager shall generally monitor each the Fund's ’s compliance with investment policies and restrictions as set forth in filings made by the currently effective prospectus and statement of additional information relating to the shares of such Fund under the Securities Act of 1933, as amended (the "Prospectus" and "Statement of Additional Information," respectively)Federal securities laws. The Manager shall make reports to the Board of Directors of the Corporation Fund of the performance of its obligations hereunder with respect to each Fund and furnish advice and recommendations with respect to such other aspects of the business and affairs of the Funds Fund as it shall determine to be desirable. The Manager, Manager and each of its affiliates, affiliates shall for all purposes herein be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Corporation Fund in any way or otherwise be deemed an and agent of the Corporation or any Fund.

Management and Administrative Services. The Manager shall perform, or supervise the performance of, the management and administrative services necessary for the operation of each Fund, the Fund including administering shareholder accounts and handling shareholder relations. The Manager shall provide each the Fund with office space, equipment and facilities and such other services as the Manager, subject to review by the Board of Directors of the CorporationFund, shall from time to time determine to be necessary or useful to perform its obligations under this Agreement. The Manager shall also, on behalf of each the Fund, conduct relations with custodians, depositories, transfer agents, dividend disbursing agents, other shareholder servicing agents, accountants, attorneys, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and such other persons in any such other capacity deemed to be necessary or desirable. The Manager shall generally monitor each the Fund's compliance with investment policies and restrictions as set forth in filings made by the currently effective prospectus and statement of additional information relating to the shares of such Fund under the Securities Act of 1933, as amended (the "Prospectus" and "Statement of Additional Information," respectively)Federal securities laws. The Manager shall make reports to the Board of Directors of the Corporation Fund of the performance of its obligations hereunder with respect to each Fund and furnish advice and recommendations with respect to such other aspects of the business and affairs of the Funds Fund as it shall determine to be desirable. The Manager, Manager and each of its affiliates, affiliates shall for all purposes herein be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Corporation Fund in any way or otherwise be deemed an and agent of the Corporation or any Fund.