Common use of Administrative and Other Services Clause in Contracts

Administrative and Other Services. The Manager shall maintain the existence and records of the Corporation; maintain the registrations and qualifications of each Fund Shares under federal and state law; monitor the financial, accounting, and administrative functions of each Fund; maintain liaison with the various agents employed for the benefit of each Fund by the Corporation (including the Fund’s transfer agent, fund accountant, custodian, independent accountants, and legal counsel); assist in the coordination of their activities on behalf of each Fund; make reports to the Board of its performance of obligations hereunder and furnish advice and recommendations with respect to such other aspects of the business and affairs of the Corporation and each Fund as it shall determine to be desirable; maintaining each Fund’s compliance program with respect to applicable rules and regulations; and generally monitor compliance with investment policies and restrictions as set forth in filings made by each Fund under the federal securities laws. For the avoidance of doubt, the Manager shall not be obligated to perform the services for a Fund required to be provided by such various agents employed for the benefit such Fund by the Corporation.

Administrative and Other Services. The Manager shall maintain the existence and records of the CorporationFund; maintain the registrations and qualifications of each the Fund Shares under federal and state law; monitor the financial, accounting, and administrative functions of each the Fund; maintain liaison with the various agents employed for the benefit of each the Fund by the Corporation Fund (including the Fund’s transfer agent, fund accountant, custodian, independent accountants, and legal counsel); assist in the coordination of their activities on behalf of each the Fund; make reports to the Board of its performance of obligations hereunder and furnish advice and recommendations with respect to such other aspects of the business and affairs of the Corporation and each Fund as it shall determine to be desirable; maintaining each the Fund’s compliance program with respect to applicable rules and regulations; and generally monitor compliance with investment policies and restrictions as set forth in filings made by each the Fund under the federal securities laws. For the avoidance of doubt, the Manager shall not be obligated to perform the services for a the Fund required to be provided by such various agents employed for the benefit such Fund by the CorporationFund.