Common use of Procedures and Compliance Clause in Contracts

Procedures and Compliance. The Company and the Fund may from time to time adopt such procedures as they agree upon in writing, and the Company may conclusively assume that any procedure approved or directed by the Fund does not conflict with or violate any requirements of its Prospectus, Articles of Incorporation, By-Laws, or any rule or regulation of any regulatory body or governmental agency. The Fund shall be responsible for notifying the Company of any changes in regulations or rules which might necessitate changes in the Company's procedures, and for working out such changes with the Company.

Appears in 5 contracts

Samples: Accounting Services Agreement (Ameritor Investment Fund), Accounting Services Agreement (Valley Forge Capital Holdings Total Return Fund Inc), Accounting Services Agreement (Dominion Funds Inc)

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