Receipt of Statements and Reports; Requests. (a) The Investment Advisor on behalf of the Board shall provide to each Participant a copy of any statements or reports prepared pursuant to the Investment Advisor Agreement and applicable to such Participant.
(b) In addition, each Participant may direct the Investment Advisor to provide a statement of the value of the Participant’s Balance as of the date of the request. The Investment Advisor shall provide such statement.
(c) Each Participant may direct the Investment Advisor to maintain the records relating to such Participant in a manner that subdivides the Participant’s Balance into subaccounts or other special accounts to accommodate the desire of such Participant to segregate a portion of its Investment Funds and Investment Property related to the Participant’s Balance.
(d) No Participant shall be entitled to any reports or statements applicable solely to another Participant.
(e) The Board is entitled to any reports or statements applicable to any or all Participants as it shall request of the Investment Advisor and prepared pursuant to the Investment Advisor Agreement.
Receipt of Statements and Reports; Requests. (a) The Administrator shall provide to each Participant a copy of the statements prepared pursuant to Section 5.5 hereof and of the reports prepared pursuant to Section 5.6 hereof applicable to such Participant.
(b) In addition, each Participant, through its Authorized Representative, may direct the Administrator to provide a statement of the value of the Participant's balance as of the date of the request. The Administrator shall provide such statement, subject only to account activity as of such date.
(c) On behalf of each Participant, the Administrator shall maintain or cause to be maintained the records relating to such Participant in a manner that records (i) the portion of the Participant's balance designated in the applicable Fund and (ii) the Participant's balance as one or more subaccounts or other special accounts to accommodate the desire of such Participant to segregate a portion of its Investment Funds. The Administrator shall maintain a separate record for each Participant and shall record the individual transactions involving each such Participant and the total value by subaccount of all investments belonging to each such Participant.
Receipt of Statements and Reports; Requests. (a) The Program Administrator, on behalf of the Board of Trustees, shall provide to each Participant a copy of the statements prepared pursuant to Section 4.2 hereof and of the reports prepared pursuant to Section 4.3 hereof applicable to such Participant.
(b) In addition, each Participant may direct the Program Administrator to provide a statement of the value of the Participant’s Balance(s) as of the date of the request, provided such request is received by the Program Administrator by 4:00 p.m. CST on a given day.. The Program Administrator shall provide such statement, subject only to account activity as of such date.
(c) On behalf of each Participant, the Program Administrator shall maintain the records relating to such Participant in a manner that records the Participant’s Balance(s) as one or more subaccounts or other special accounts to accommodate the desire of such Participant to segregate a portion of its Investment Funds. The Program Administrator shall maintain a separate record for each Participant and shall record the individual transactions involving each such Participant and the total value by subaccount of all investments or portions thereof belonging to each such Participant.
(d) No Participant shall be entitled to any reports or statements applicable solely to another Participant.
Receipt of Statements and Reports; Requests. The parties agree to the following with respect to the rights of the Participants to receive statements and reports and the obligation of the Program Administrator to respond to certain Participant requests:
(a) The Program Administrator shall provide to each Participant a copy of the statements prepared pursuant to Section 5.4 hereof and of the reports prepared pursuant to Section 5.5 hereof applicable to such Participant. In addition, each Participant may request that the Program Administrator as transfer agent provide a statement of the number of Shares registered to the Participant as of the date of the request. The Program Administrator shall provide such statement.
(b) Upon the request of any Participant, the Program Administrator shall maintain the records relating to multiple Participant's accounts to accommodate the desire of such Participant to segregate a portion of its Investment Funds.
(c) No Participant shall be entitled to any reports or statements applicable solely to another Participant.
