Common use of Recordation of the Issuance of Shares Clause in Contracts

Recordation of the Issuance of Shares. The Sub-Administrator shall record the issuance of Shares to the Accountholders in the Fund Accounts and maintain a record of the total number of Shares which are so issued, based upon data provided to the Sub-Administrator by the Fund's transfer agent. The Sub-Administrator shall also provide each Fund or its designee with the total number of Shares that are issued and outstanding to each Accountholder in a Fund Account as required or requested pursuant to Section 8.

Recordation of the Issuance of Shares. The Sub-Administrator shall record the issuance of Shares to the Accountholders in the Fund Accounts Plan and maintain a record of the total number of Shares which are so issued, based upon data provided to the Sub-Administrator by the each Fund's transfer agent. The Sub-Administrator shall also provide each Fund or its designee with the total number of Shares that which are issued and outstanding to each Accountholder in Plan or Account on a Fund Account as required daily basis. Such Shares shall be reflected on appropriate accounts maintained by the Sub-Administrator reflecting outstanding Shares attributed to the individual accounts of a Plan or requested pursuant to Section 8Participants. 5.

Recordation of the Issuance of Shares. The Sub-Administrator shall record the issuance of Shares to the Accountholders in the Fund Accounts and maintain a record of the total number of Shares which are so issuedissued to the Master Account, and record the issuance of Units under contracts held by the Plans, based upon data provided to the Sub-Administrator by the Fund's transfer agentCustodian. The Sub-Administrator shall also provide each Fund or its designee with the total number of Shares that which are issued and outstanding to each Accountholder in Master Account on a Fund Account as required or requested pursuant daily basis. The Sub-Administrator shall reflect outstanding Units attributed to Section 8the Individual accounts of a Plan of Participant.

Recordation of the Issuance of Shares. The Sub-Administrator shall record the issuance of Shares to the Accountholders in the Fund Accounts and maintain a record of the total number of Shares which are so issuedissued to the Master Account, and record the issuance of Units under Contracts held by the Plans, based upon data provided to the Sub-Administrator by the Fund's transfer agentCustodian. The Sub-Administrator shall also provide each Fund or its designee with the total number of Shares that which are issued and outstanding to each Accountholder in Master Account on a Fund Account as required daily basis. The Sub-Administrator shall reflect outstanding Units attributed to the individual accounts of a Plan or requested pursuant to Section 8Participant.