Common use of Description of Investor Services on a Continuous Basis Clause in Contracts

Description of Investor Services on a Continuous Basis. The Administrator will perform the following functions: (i) Maintain the register of Members and enter on such register all issues, transfers and repurchases of Units in Portfolio Fund; (ii) Arrange for the calculation of the issue and repurchase prices of Units in Portfolio Fund in accordance with Portfolio Fund's LLC Agreement; (iii) Allocate income, expenses, gains and losses to individual Members' capital accounts in accordance with Portfolio Fund's LLC Agreement; (iv) Assist with Member inquiries regarding Portfolio Fund, capital account balances and transactions; and verify member identity; and (v) Provide statements to Members on a quarterly basis or as frequently as may otherwise be agreed that set forth the value of and appropriate detail for the Members' Units in Portfolio Fund.