Program Fund and Program Sample Clauses

Program Fund and Program. Fund Affiliate agree to arrange with USC, or a mailing agent designated or approved by USC, the distribution of the materials listed below to all of NTF Customers who hold Program Fund shares, which distribution shall be so arranged by Program Fund and Program Fund Affiliate as to occur immediately upon the effective date of the materials: (i) All proxy or information statements prepared for circulation to shareholders of record of a Portfolio; (ii) Annual reports; (iii) Semi-annual reports; (iv) Quarterly reports (if applicable); and (v) All updated prospectuses, supplements and amendments thereto. Program Fund and Program Fund Affiliate shall be responsible for providing the materials and for USC or the mailing agent's fees in connection with this service as well as for timely distribution. Program Fund and Program Fund Affiliate agree to have USC or the mailing agent consolidate mailings of material to shareholders of more than one Portfolio if the mailing is identical for all Portfolios in the Program Fund family.