Common use of Expense Accrual and Payment Services Clause in Contracts

Expense Accrual and Payment Services. (1) For each valuation date, record the expense accrual amounts as directed by the Fund and MVCFS as to methodology, rate or dollar amount. (2) Record payments for expenses upon receipt of written authorization from the Fund and MVCFS. (3) Account for expenditures and maintain expense accrual balances at the level of accounting detail, as agreed upon by USBFS, the Fund and MVCFS. (4) Provide expense accrual and payment reporting.

Expense Accrual and Payment Services. (1) For each valuation date, record the expense accrual amounts as directed by the Fund and MVCFS Administrator and/or the Company as to methodology, rate or dollar amount. (2) Record payments for expenses upon receipt of written authorization from the Fund and MVCFSAdministrator and/or the Company. (3) Account for expenditures and maintain expense accrual balances at the level of accounting detail, as agreed upon by USBFS, USBFS and the Fund and MVCFSAdministrator and/or the Company. (4) Provide expense accrual and payment reporting.

Expense Accrual and Payment Services. (1) For each valuation date, record calculate the expense accrual amounts as directed by the Fund and MVCFS Company as to methodology, rate or dollar amount. (2) Record payments for Company expenses upon receipt of written authorization from the Fund and MVCFSCompany. (3) Account for Company expenditures and maintain expense accrual balances at the level of accounting detail, as agreed upon by USBFS, ▇▇▇▇▇▇▇▇ and the Fund and MVCFSCompany. (4) Provide expense accrual and payment reporting.

Expense Accrual and Payment Services. (1) For each valuation date, record the expense accrual amounts as directed by the Administrator and/or the Fund and MVCFS as to methodology, rate or dollar amount. (2) Record payments for expenses upon receipt of written authorization from the Fund and MVCFSAdministrator and/or the Fund. (3) Account for expenditures and maintain expense accrual balances at the level of accounting detail, as agreed upon by USBFS, USBFS and the Fund and MVCFSAdministrator and/or the Fund. (4) Provide expense accrual and payment reporting.