Common use of CALCULATION OF NET ASSET VALUE Clause in Contracts

CALCULATION OF NET ASSET VALUE. Integrated will maintain and keep current the general ledger for the Funds, recording all income and expenses, capital share activity and security transactions of the Funds. Integrated will calculate the net asset value of each of the Funds and the per share net asset value of each of the Funds, in accordance with the Trust's current prospectus and statement of additional information, once daily as of the time selected by the Trust's Board of Trustees. Integrated will prepare and maintain a daily valuation of all securities and other assets of the Funds in accordance with instructions from a designated officer of the Trust and in the manner set forth in the Trust's current prospectus and statement of additional information. In valuing securities of the Funds, Integrated may contract with, and rely upon market quotations provided by, outside services.

CALCULATION OF NET ASSET VALUE. Integrated will maintain and keep current the general ledger for the FundsFund, recording all income and expenses, capital share activity and security transactions of the FundsFund. Integrated will calculate the net asset value of each of the Funds Fund and the per share net asset value of each of the FundsFund, in accordance with the Trust's current prospectus and statement of additional information, once daily as of the time selected by the Trust's Board of Trustees. Integrated will prepare and maintain a daily valuation of all securities and other assets of the Funds Fund in accordance with instructions from a designated officer of the Trust and in the manner set forth in the Trust's current prospectus and statement of additional information. In valuing securities of the FundsFund, Integrated may contract with, and rely upon market quotations provided by, outside services.

CALCULATION OF NET ASSET VALUE. Integrated will maintain and keep current the general ledger for each series of the FundsTrust, recording all income and expenses, capital share activity and security transactions of the FundsTrust. Integrated will calculate the net asset value of each series of the Funds Trust and the per share net asset value of each series of the FundsTrust, in accordance with the Trust's current prospectus and statement of additional information, once daily as of the time selected by the Trust's Board of Trustees. Integrated will prepare and maintain a daily valuation of all securities and other assets of the Funds Trust in accordance with instructions from a designated officer of the Trust and in the manner set forth in the Trust's current prospectus and statement of additional information. In valuing securities of the FundsTrust, Integrated may contract with, and rely upon market quotations provided by, outside services.