Common use of Obligations of Fund Clause in Contracts

Obligations of Fund. The Fund shall have the following obligations under this Agreement: (a) to keep InterSecurities continuously and fully informed as to the composition of the investment securities of the Portfolio and the nature of all of its assets and liabilities from time to time; (b) to furnish InterSecurities with a certified copy of any financial statement or report prepared for the Portfolio by certified or independent public accountants, and with copies of any financial statements or reports made to its shareholders or to any governmental body or securities exchange; (c) to furnish InterSecurities with any further materials or information which InterSecurities may reasonably request to enable it to perform its functions under this Agreement; and (d) to compensate InterSecurities for its services in accordance with the provisions of Section 6 hereof.

Obligations of Fund. The Fund shall have the following obligations under this Agreement: (a) to keep InterSecurities continuously and fully informed as to the composition of the investment securities of the Portfolio and the nature of all of its assets and liabilities from time to time; (b) to furnish InterSecurities with a certified copy of any financial statement or report prepared for the Portfolio by certified or independent public accountants, and with copies of any financial statements or reports made to its shareholders or to any governmental body or securities exchange; (c) to furnish InterSecurities with any further materials or information which InterSecurities may reasonably request to enable it to perform its functions under this Agreement; and (d) to compensate InterSecurities for its services in accordance with the provisions of Section 6 hereof. 6.