Common use of Reports to Each Portfolio by Independent Public Accountants Clause in Contracts

Reports to Each Portfolio by Independent Public Accountants. The Custodian shall provide each Portfolio, at such times as each Portfolio may reasonably require and at the Portfolio's expenses, with reports by independent public accountants on the accounting system, internal accounting control and procedures for safeguarding securities, including securities deposited and/or maintained in a Securities System, relating to the services provided by the Custodian under this Agreement; such reports, which shall be of sufficient scope and in sufficient detail, as may reasonably be required by each Portfolio, to provide reasonable assurance that any material inadequacies disclosed by such examination, and, if there are no such inadequacies, shall so state.

Reports to Each Portfolio by Independent Public Accountants. The Custodian shall provide each Portfolio, at such times as each Portfolio may reasonably require and at the Portfolio's expenses’s expense, with reports by independent public accountants on the accounting system, internal accounting control and procedures for safeguarding securities, including securities deposited and/or maintained in a Securities System, relating to the services provided by the Custodian under this Agreement; such reports, which shall be of sufficient scope and in sufficient detail, as may reasonably be required by each Portfolio, to provide reasonable assurance that any material inadequacies disclosed by such examination, and, if there are no such inadequacies, shall so state.

Reports to Each Portfolio by Independent Public Accountants. The Custodian shall provide each Portfolio, at such times as each Portfolio may reasonably require and at with reasonable and customary expenses charged to the Portfolio's expenses, with reports by independent public accountants on the accounting system, internal accounting control and procedures for safeguarding securitiesSecurities, including securities Securities deposited and/or maintained in a Securities System, relating to the services provided by the Custodian under this Agreement; such reports, which shall be of sufficient scope and in sufficient detail, as may reasonably be required by each Portfolio, to provide reasonable assurance that any material inadequacies disclosed by such examination, and, if there are no such inadequacies, shall so state.