Common use of Service Arrangements Clause in Contracts

Service Arrangements. Distributor or the Fund may enter into a shareholder servicing agreement (“Servicing Agreement”), substantially in the form attached hereto as Appendix A, with each financial intermediary that purchases shares. Each Servicing Agreement will require the financial intermediary to provide support services to its customers (“Customers”) who are the beneficial owners of shares. Such services may include, without limitation: (i) assisting Customers in changing dividend options, account designations and addresses; (ii) providing information periodically to Customers showing their position in shares; (iii) arranging for bank wires; (iv) responding to Customer inquiries regarding account status and history, the manner in which purchases and redemptions of shares may be made and other matters; (v) forwarding communications from the Fund (for example, proxies, shareholder reports, annual and semi-annual financial statements and dividend, distribution and tax notices) to Customers; (vi) providing the necessary personnel and facilities to establish and maintain shareholder accounts and records; and (vii) such other similar services as the Fund or a Customer may reasonably request from time to time, to the extent the financial intermediary is permitted to perform such services under Federal and state statutes, rules and regulations.

Appears in 2 contracts

Samples: Shareholder Servicing Plan and Agreement (Entrust Multi-Strategy Fund), Shareholder Servicing Plan and Agreement (KKR Alternative Corporate Opportunities Fund P)

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Service Arrangements. The Distributor or the Fund Trust, in respect of a Fund, may enter into a shareholder servicing agreement (“Servicing Agreement”), substantially in the form attached hereto as Appendix A, with each financial intermediary that purchases shares. Each Servicing Agreement will require the financial intermediary to provide support services to its customers (“Customers”) who are the beneficial owners of shares. Such services may include, without limitation: (i) assisting Customers in changing dividend options, account designations and addresses; (ii) providing information periodically to Customers showing their position in shares; (iii) arranging for bank wires; (iv) responding to Customer inquiries regarding account status and history, the manner in which purchases and redemptions of shares may be made and other matters; (v) forwarding communications from the Fund Trust (for example, proxies, shareholder reports, annual and semi-annual financial statements and dividend, distribution and tax notices) to Customers; (vi) providing the necessary personnel and facilities to establish and maintain shareholder accounts and records; and (vii) such other similar services as the Fund Trust or a Customer may reasonably request from time to time, to the extent the financial intermediary is permitted to perform such services under Federal and state statutes, rules and regulations.

Appears in 2 contracts

Samples: Shareholder Servicing Plan and Agreement (KKR Series Trust), Shareholder Servicing Plan and Agreement (KKR Series Trust)

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