Common use of Reconciliations Clause in Contracts

Reconciliations. On a daily basis, Subadviser shall review reports of the Account’s portfolio holdings as provided to Subadviser by the Custodian and shall report as promptly as possible within two (2) business days to the Custodian and to Client any discrepancies between the holdings of the securities in the Account and the prices that Subadviser believes should be assigned to them. On a monthly basis, Subadviser shall reconcile security and cash positions, and market values to the Custodian’s records and report discrepancies to Client within ten (10) business days after the end of the month.

Reconciliations. On a daily basis, Subadviser shall review reports of the Account’s 's portfolio holdings as provided to Subadviser by the Custodian and shall report as promptly as possible within two (2) business days to the Custodian and to Client any discrepancies between the holdings of the securities in the Account and the prices that Subadviser believes should be assigned to them. On a monthly basis, Subadviser shall reconcile security and cash positions, and market values to the Custodian’s 's records and report discrepancies to Client within ten (10) business days after the end of the month.