Net Benefit. A Net Benefit for a particular fund or, in the case of a multi-class fund, a class results when aggregate Benefits exceed aggregate Losses (i.e., net redemptions on a day the fund’s or class’s NAV is understated or net subscriptions on a day the fund’s or class’s NAV is overstated) during the Error Period.
Appears in 94 contracts
Samples: Fund Accounting Agreement (T. Rowe Price Reserve Investment Funds, Inc.), Fund Accounting Agreement (T. Rowe Price International Funds, Inc.), Fund Accounting Agreement (T. Rowe Price Real Assets Fund, Inc.)
Net Benefit. A Net Benefit for a particular fund or, in the case of a multi-class fund, a class results when aggregate Benefits exceed aggregate Losses (i.e., net redemptions on a day the fund’s or class’s NAV is understated or net subscriptions on a day the fund’s or class’s NAV is overstated) during the Error Period.. 148
Appears in 32 contracts
Samples: Fund Accounting Agreement (T. Rowe Price International Funds, Inc.), Fund Accounting Agreement (T. Rowe Price Index Trust, Inc.), Fund Accounting Agreement (T. Rowe Price Multi-Sector Account Portfolios, Inc.)
