Common use of Notes and Conditions Related to Fund Accounting Services Clause in Contracts

Notes and Conditions Related to Fund Accounting Services. 1. Subject to the provisions of Sections 2 and 6 of the Agreement, Service Provider’s liability with respect to errors in calculation of NAV shall be determined by reference to the Fund’s NAV Error Correction Procedures, which error correction policies may be amended from time to time pursuant to the Change Control Process. 2. The Client acknowledges and agrees that although Service Provider’s services related to fair value pricing are intended to assist the Client and its Board in its obligations to price and monitor pricing of Fund investments, Service Provider is not responsible for the accuracy or appropriateness of pricing information or methodologies, including any fair value pricing information or adjustment factors.

Notes and Conditions Related to Fund Accounting Services. 1. Subject to the provisions of Sections 2 and 6 of the Agreement, Service Provider’s liability with respect to NAV errors in calculation of NAV shall be determined by reference to in accordance with the Fund’s Investment Company Institute (“ICI”) policy on NAV Error Correction Procedureserrors, which error correction policies as that policy may be amended from time to time pursuant to revised in the Change Control Processfuture. 2. The Client acknowledges and agrees that although Service Provider’s services related to fair value pricing are intended to assist the Client Client, the Trusts and its the Trusts’ Board in its their obligations to price and monitor pricing of Fund investments, Service Provider is not responsible for the accuracy or appropriateness of pricing information or methodologies, including any fair value pricing information or adjustment factors.