NAV Errors. If an error in pricing the NAV is equal to or greater than ½ of 1.0% of the NAV, GFS will reprocess the activity for those shareholders where the effect is $25.00 or more. If the error in pricing the NAV is less than ½ of 1.0% of the NAV and the Fund is in a net loss position because of a pricing error greater than $0.01 per share, the responsible party will reimburse the Fund for the amount of the net loss.
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Samples: Fund Services Agreement (North Country Funds), Fund Services Agreement (North Country Funds), Services Agreement (North Country Funds)
NAV Errors. If an error in pricing the NAV is equal to or greater than ½ 1/2 of 1.0% of the NAVNAV and the effect on any shareholder is greater than $25.00, GFS will reprocess the activity for those shareholders where the effect is who are impacted by $25.00 or moremore and the responsible party will reimburse the Fund for the amount of the net loss and shall reimburse GFS for all reasonable reprocessing costs, provided that GFS is not the responsible party. If the error in pricing the NAV is less than ½ 1/2 of 1.0% of the NAV and the Fund is in a net loss position because of a pricing error greater than $0.01 per share, the responsible party will reimburse the Fund for the amount of the net loss.
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