RECONCILE AND RECORD ALL EXPENSE ACCRUALS. o Prepare and monitor accruals and notify an officer of the fund for proposed adjustments. o Accrue expenses based upon budget either as a percentage of Fund's net assets or specific dollar amounts. o Monitor expense limitations, if applicable. o Accrue and calculate amortization of organizational expenses, if applicable. o Accrue and calculate distribution expense, if applicable.
Appears in 4 contracts
Samples: Administration Agreement (Bacap Alternative Mult Strategy Fund LLC), Sub Administration Agreement (Bacap Alternative Mult Strategy Fund LLC), Sub Administration Agreement (Bacap Alternative Mult Strategy Fund LLC)
