Common use of NAV Errors Clause in Contracts

NAV Errors. Subject to Applicable Law and notwithstanding additional duties of J.▇. ▇▇▇▇▇▇ as furthermore described in Appendix A to this Schedule: (a) J.▇. ▇▇▇▇▇▇ shall report all NAV Errors to the Customer promptly upon discovery. (b) The Customer shall ensure that all errors in NAV calculations identified by it are reported to J.▇. ▇▇▇▇▇▇ as soon as reasonably practicable following discovery. (c) J.▇. ▇▇▇▇▇▇ shall correct NAV Errors as and when required by Appendix A to this Schedule. J.▇. ▇▇▇▇▇▇’▇ responsibilities with respect to the correction of an error in calculating the net asset value of any Fund shall be subject to Appendix A to this Schedule.

NAV Errors. Subject to Applicable Law and notwithstanding additional duties of J.▇.▇. ▇▇▇▇▇▇ as furthermore described in Appendix A to this Schedule: (a) J.▇.▇. ▇▇▇▇▇▇ shall report all NAV Errors to the Customer promptly upon discovery. (b) The Customer shall ensure that all errors in NAV calculations identified by it are reported to J.▇.▇. ▇▇▇▇▇▇ as soon as reasonably practicable following discovery. (c) J.▇.▇. ▇▇▇▇▇▇ shall correct NAV Errors as and when required by Appendix A to this Schedule. J.▇.▇. ▇▇▇▇▇▇’▇ responsibilities with respect to the correction of an error in calculating the net asset value of any Fund shall be subject to Appendix A to this Schedule.