Common use of Responsibilities of the Fund Clause in Contracts

Responsibilities of the Fund. The Fund is responsible for: A) providing ADM on an ongoing basis with its current prospectuses, statements of additional information, shareholder manuals, annual and semi-annual reports, proxy notices and proxy statements; B) notifying ADM upon declaration of each dividend and distribution of the date of its declaration, the amount payable per Share, the record date, the payment date, the reinvestment date, and the price; C) transferring, or causing the Fund's Custodian or Custodians to transfer, to ADM by each payment date, the total amount of the dividend or distribution currently payable in cash; and D) providing ADM with its net asset value on each day the Fund is open for business and the prices which are applicable to Shareholders who are entitled to purchase Shares at reduced offering prices.