Common use of Performance of Daily Accounting Services Clause in Contracts

Performance of Daily Accounting Services. Xxxxxxx shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: 1.1. calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1.2 below; 1.2. obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s investment adviser or its designee, per the valuation policy approved by the Board; 1.3. verify and reconcile with the Funds’ custodian cash and all daily activity; 1.4. compute, as appropriate, each Fund’s net income and realized capital gains, dividend payables, dividend factors, and weighted average portfolio maturity; 1.5. review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and/or yields to NASDAQ and such other entities as directed by the Fund; 1.6. determine unrealized appreciation and depreciation on securities held by the Funds; 1.7. accrue income of each Fund; 1.8. amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; 1.9. update fund accounting system to reflect rate changes, as received/obtained by Ultimus, on variable interest rate instruments; 1.10. record investment trades received in proper form from each Fund or its authorized agents on the industry standard T+1 basis; 1.11. calculate Fund expenses based on instructions from each Fund’s administrator;

Performance of Daily Accounting Services. Xxxxxxx Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: 1.1. calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1.2 below; 1.2. obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s investment adviser or its designee, per the valuation policy approved by the Board; 1.3. verify and reconcile with the Funds’ custodian cash and all daily activity; 1.4. compute, as appropriate, each Fund’s net income and realized capital gains, dividend payables, dividend factors, and weighted average portfolio maturity; 1.5. review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and/or yields to NASDAQ and such other entities as directed by the Fund; 1.6. determine unrealized appreciation and depreciation on securities held by the Funds; 1.7. accrue income of each Fund; 1.8. amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; 1.9. update fund accounting system to reflect rate changes, as received/obtained by Ultimus, on variable interest rate instruments; 1.10. record investment trades received in proper form from each Fund or its authorized agents on the industry standard T+1 basis; 1.11. calculate Fund expenses based on instructions from each Fund’s administrator;

Performance of Daily Accounting Services. Xxxxxxx Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: 1.1. calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1.2 below; 1.2. obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s investment adviser or its designee, per the valuation policy approved by the Board; 1.3. verify and reconcile with the Funds’ custodian cash and all daily activity; 1.4. compute, as appropriate, each Fund’s net income and realized capital gains, dividend payables, dividend factors, and weighted average portfolio maturity; 1.5. review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and/or yields to NASDAQ and such other entities as directed by the Fund; 1.6. determine unrealized appreciation and depreciation on securities held by the Funds; 1.7. accrue income of each Fund; 1.8. amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustFund; 1.9. update fund accounting system to reflect rate changes, as received/obtained by Ultimus, on variable interest rate instruments; 1.10. record investment trades received in proper form from each Fund or its authorized agents on the industry standard T+1 basis; 1.11. calculate Fund expenses based on instructions from each Fund’s administrator;

Performance of Daily Accounting Services. Xxxxxxx Uxxxxxx shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: 1.1. calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1.2 below; 1.2. obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s investment adviser or its designee, per the valuation policy approved by the Board; 1.3. verify and reconcile with the Funds’ custodian cash and all daily activity; 1.4. compute, as appropriate, each Fund’s net income and realized capital gains, dividend payables, dividend factors, and weighted average portfolio maturity; 1.5. review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and/or yields to NASDAQ and such other entities as directed by the Fund; 1.6. determine unrealized appreciation and depreciation on securities held by the Funds; 1.7. accrue income of each Fund; 1.8. amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; 1.9. update fund accounting system to reflect rate changes, as received/obtained by Ultimus, on variable interest rate instruments; 1.10. record investment trades received in proper form from each Fund or its authorized agents on the industry standard T+1 basis; 1.11. calculate Fund expenses based on instructions from each Fund’s administrator;