Common use of REPORTS BY THE CUSTODIAN Clause in Contracts

REPORTS BY THE CUSTODIAN. The Custodian will furnish to the Trust at the end of every month, and at the close of each quarter of a Fund's fiscal year, a list of the portfolio Securities and the aggregate amount of cash in each Account and will assist in the preparation of the financial data for the N-SAR annual report to be filed on behalf of a Fund. The Custodian shall furnish the Trust with such other reports concerning transactions in the Accounts and/or the Securities as may be agreed upon from time to time. The books and records of the Custodian pertaining to its actions under this Agreement shall be kept and preserved by the Custodian in the manner and, in accordance with applicable rules and regulations under the 1940 Act, and shall be open to inspection and audit at reasonable times and upon reasonable notice to the Custodian, by officers of any auditors employed by the Trust (and such other persons as the Trust may designate from time to time). All such books and records shall be the property of the Trust and the Custodian shall forthwith upon the Trust's request, turn over to the Trust and cease to retain in its files, records and documents created and maintained by the Custodian pursuant to this Agreement, except that the Custodian may maintain copies of any such files, records and documents to the extent needed for its protection.

REPORTS BY THE CUSTODIAN. The Custodian will furnish to the Trust Fund at the end of every month, and at the close of each quarter of a Fund's fiscal year, a list of the portfolio Securities and the aggregate amount of cash in each Account Fund and will assist in the preparation of the financial data for the N-SAR annual report to be filed on behalf of a Fund. The Custodian shall furnish the Trust Fund with such other reports concerning transactions in the Accounts and/or the Securities as may be agreed upon from time to time. The books and records of the Custodian pertaining to its actions under this Agreement shall be kept and preserved by the Custodian in the manner and, in accordance with applicable rules and regulations under the 1940 ActActInvestment Company Act of 1940, and shall be open to inspection and audit at reasonable times and upon reasonable notice to the Custodian, by officers of any auditors employed by the Trust Fund (and such other persons as the Trust Fund may designate from time to time). All such books and records shall be the property of the Trust Fund and the Custodian shall forthwith upon the TrustTrustFund's request, turn over to the Trust Fund and cease to retain in its files, records and documents created and maintained by the Custodian pursuant to this Agreement, which are no longer needed by the Custodian in performance of its services or for its protection except that the Custodian may maintain copies of any such files, records and documents to the extent needed for its protection.