Common use of Update of Accountant’s Letter Clause in Contracts

Update of Accountant’s Letter. Securities America shall receive from Ernst & Young LLP, dated as of such Documented Closing Date, a comfort letter, in form and substance reasonably satisfactory to Securities America in all material respects, provided that (i) the specified procedures date referred to in such letter shall be a date not more than five days prior to each such Documented Closing Date, (ii) such comfort letter shall cover the Registration Statement and Prospectus (including all documents incorporated by reference therein), as amended and supplemented through the date of the latest post-effective amendment that triggers such Documented Closing Date (the “Current Filing”), and (iii) if financial statements or financial information of any other entity are included in the Current Filing, the comfort letter to be received by Securities America shall also cover such financial statements or financial information.

Update of Accountant’s Letter. Securities America Ameriprise shall receive from Ernst & Young LLP, dated as of such Documented Closing Date, a comfort letter, in form and substance reasonably satisfactory to Securities America Ameriprise in all material respects, provided that (i) the specified procedures date referred to in such letter shall be a date not more than five days prior to each such Documented Closing Date, (ii) such comfort letter shall cover the Registration Statement and Prospectus (including all documents incorporated by reference therein), as amended and supplemented through the date of the latest post-effective amendment that triggers such Documented Closing Date (the “Current Filing”), and (iii) if financial statements or financial information of any other entity are included in the Current Filing, the comfort letter to be received by Securities America Ameriprise shall also cover such financial statements or financial information.