Interest Compensation. In the event of a check disbursement or wire payment error in which the shareholder has lost interest due to a misrouting of the proceeds, PFPC will not pay interest compensation to the shareholder until reimbursement of such interest earnings from the bank that benefited in error from the misrouted payment. In cases where PFPC is at fault, payment of interest compensation to the shareholder will not be delayed.
Interest Compensation. In the event that we shall be liable to you for interest compensation under this Agreement or by applicable law, interest shall be calculated on the basis of the average Federal Funds rate for the period involved. You agree that we may, at our sole option, pay interest compensation as follows: (1) by lump sum payment of cash, or (2) by providing a credit to your account with us.
Interest Compensation. If we are obligated to pay you for loss of interest as a result of an error of ours or a delay in processing your payment order, we may pay interest at our savings account rate.
Interest Compensation. In the event that we shall be liable to you for interest compensation under this Agreement or by applicable law, interest shall be calculated on the basis of the average Federal Funds rate for the period involved as set forth in section 4A-506(b) of the Uniform Commercial Code. You agree that we may, at our sole option, pay interest compensation as follows: (1) by lump sum payment of cash, or (2) by providing a credit to your account with us.
Interest Compensation. In the event of a check disbursement or wire payment error in which a shareholder has lost interest due to a misrouting of the proceeds, except where the Transfer Agent is the responsible party, the Transfer Agent will pay interest compensation to the shareholder only upon receipt of reimbursement of such interest earnings from the bank that benefited in error from the misrouted payment. In cases where the Transfer Agent is at fault, payment of interest compensation to the shareholder will not be delayed.
Interest Compensation. If we are obligated to pay for a loss of interest that results from our error or delay regarding your payment order, we will calculate the interest as follows: With an account subject to analysis and earnings credits, we adjust the account under our account analysis procedures to recalculate earnings credits for the period involved. With a non-analyzed account, we will use a rate equal to the average of three (3) months of the Federal Funds Rates as set by the Federal Reserve Bank of Atlanta.
Interest Compensation. In the event of a check disbursement or wire payment error in which a shareholder has lost interest due to a misrouting of the proceeds, except where the Transfer Agent is the responsible party, the Transfer Agent will pay interest compensation to the shareholder only upon receipt of reimbursement of such interest earnings from the bank that benefited in error from the misrouted payment. In cases where the Transfer Agent is at fault, payment of interest compensation to the shareholder will not be delayed. Gain/Loss Reporting and Tracking The Transfer Agent tracks the responsibility for all gains and losses generated by "as-of" transactions. The Transfer Agent may also prepare detailed explanations of "as-of" activity, primarily for internal process improvement purposes. Additionally, a daily/weekly/monthly gain/loss report can be made available to designated individuals at the Funds. Dated: June 13, 2003 Schedule D PERFORMANCE STANDARDS
Interest Compensation. 27.1 You may receive from BUX Interest Compensation on the Non-Invested Money which is displayed in your BUX account as available cash. The Interest Compensation rate, which you may receive will be published on the Website. The calculation method of the Interest Compensation rate, determination of the amount of Non-Invested Money and further conditions will be published in the Product Information Sheets. BUX can unilaterally make changes to the Interest Compensation rate and other conditions related to Interest Compensation payments from time to time and decide to stop with the payment of Interest Compensation at any time.
Interest Compensation. In the event of a check disbursement or wire payment error in which the shareholder has lost interest due to a misrouting of the proceeds, PFPC will not pay interest compensation to the shareholder until reimbursement of such interest earnings from the bank that benefited in error from the misrouted payment. In cases where PFPC is at fault, payment of interest compensation to the shareholder will not be delayed. Gain/Loss Reporting and Tracking PFPC tracks the responsibility (by Management Company, Series or Class and Transfer Agent) for all gains and losses generated by “as-of” transactions. PFPC may also prepare detailed explanations of “as-of” activity, primarily for internal process improvement purposes. Additionally, a daily/weekly/monthly gain/loss report can be made available to designated individuals at GEAM. EXHIBIT F AdvisorCentral – Form of Fund Company Agreement [See attached Fund Company Agreement] APPENDIX A Amended and Restated Procedures Relating to As-of-Cap Stock Activity The members of the Board of GE Funds, GE Institutional Funds, GE LifeStyle Funds, GE Investments Funds, Elfun Trusts, Elfun International Equity Fund, Elfun Income Fund, Elfun Tax-Exempt Income Fund, Elfun Diversified Fund, Elfun Money Market Fund, GE S&S Program Mutual Fund, GE S&S Income Fund (each, a “Trust” and collectively, the “Trusts”) adopt the following procedures with respect to As-of Cap Stock Activity (as defined below) for each series of each Trust (each, a “Fund” and collectively, the “Funds”). Definition As-of Cap Stock Activity Any transaction that is executed on a particular date (Execution Date) for a Fund using a prior day’s net asset value (Transaction Date) where the Fund’s net asset value (NAV) on the Transaction Date is an amount different than the NAV on the Execution Date and/or the Fund declared a dividend any time between the Execution Date and Transaction Date (Transaction). Policy State Street Bank (SSB), the funds’ accounting agent, will maintain a schedule that records any As-of Cap Stock Activity that favorably or unfavorably impacts a Fund by an amount equal to or greater than $.0001 per share. This amount shall be determined by SSB by calculating the difference between (i) number of shares in a Transaction multiplied by the NAV on Execution Date and (ii) number of shares in a Transaction multiplied by the NAV on the Transaction Date, in each case adjusted for any dividends declared between the Execution Date and the Transaction Date, div...
Interest Compensation. With respect to any misrouting of a check disbursement or wire transfer: (i) If BNY MELLON is at fault, BNY MELLON will promptly pay interest compensation to the affected shareholder at reasonable money market rates, and (ii) If BNY MELLON is not at fault, BNY MELLON will forward to the affected shareholder any interest compensation paid by the bank or other financial intermediary that benefited from the misrouted payment, but otherwise shall not be liable for or obligated to pay any interest compensation.
