Common use of Reports to Fund by Auditors Clause in Contracts

Reports to Fund by Auditors. The Custodian shall provide the Fund at such times as the Fund may reasonably require, with reports by independent auditors on the accounting system, internal accounting control and procedures for safeguarding securities, futures contracts and options on futures contracts, including securities deposited and/or maintained in a Securities System or a Foreign Securities System, relating to the services provided by the Custodian under this Agreement; such reports shall be of sufficient scope and in sufficient detail, as may reasonably be required by the Fund to provide reasonable assurance that any material inadequacies would be disclosed by such examination, and, if there are no such inadequacies, the reports shall so state.

Reports to Fund by Auditors. The Custodian shall provide the Fund Fund, at such times as the Fund may reasonably require, with reports by its internal or independent auditors on the accounting system, internal accounting control and procedures for safeguarding securities, futures contracts and options including reports as are available on futures contracts, including securities deposited and/or maintained in a Securities System or a Foreign Securities System, relating to the services provided by the Custodian under this Agreement; such reports reports, which shall be of sufficient scope and in sufficient detail, detail as may reasonably be required by the Fund Fund, to provide reasonable assurance that any material inadequacies would be disclosed, shall state in detail material inadequacies disclosed by such examination, and, and if there are no such inadequacies, the reports shall so state.