Common use of COMPLIANCE WITH GOVERNMENTAL RULES AND REGULATIONS; RECORDS Clause in Contracts

COMPLIANCE WITH GOVERNMENTAL RULES AND REGULATIONS; RECORDS. The Administrator acknowledges that the Administrator and Trust assume full responsibility for complying with all securities, tax, commodities and other laws, rules and regulations applicable to each respectively. In compliance with the requirements of Rule 31a-3 under the 1940 Act, the Sub-Administrator agrees that all records which it maintains for the Administrator shall at all times remain the property of the Administrator, shall be readily accessible during normal business hours, and shall be promptly surrendered upon the termination of the Agreement or otherwise on written request except as otherwise provided in Section 13. The Sub-Administrator further agrees that all records that it maintains for the Trust, or for the Administrator on behalf of the Trust, pursuant to Rule 31a-1 under the 1940 Act will be preserved for the periods prescribed by Rule 31a-2 under the 1940 Act unless any such records are earlier surrendered as provided above. Records may be surrendered in either written or machine-readable form, at the option of the Sub-Administrator.

COMPLIANCE WITH GOVERNMENTAL RULES AND REGULATIONS; RECORDS. The Administrator acknowledges that the Administrator and Trust Fund assume full responsibility for complying with all securities, tax, commodities and other laws, rules and regulations applicable to each respectively. In compliance with the requirements of Rule 31a-3 under the 1940 Act, the Sub-Administrator agrees that all records which it maintains for the Administrator shall at all times remain the property of the Administrator, shall be readily accessible during normal business hours, and shall be promptly surrendered upon the termination of the Agreement or otherwise on written request except as otherwise provided in Section 13. The Sub-Administrator further agrees that all records that it maintains for the Trust, or for the Administrator on behalf of the Trust, Fund pursuant to Rule 31a-1 under the 1940 Act will be preserved for the periods prescribed by Rule 31a-2 under the 1940 Act unless any such records are earlier surrendered as provided above. Records may be surrendered in either written or machine-readable form, at the option of the Sub-Administrator. The Sub-Administrator acknowledges that it assumes full responsibility for complying with all laws, rules, and regulations that are applicable to the Sub-Administrator and the performance by the Sub-Administrator of the services under this Agreement.

COMPLIANCE WITH GOVERNMENTAL RULES AND REGULATIONS; RECORDS. The Administrator acknowledges agrees to perform its duties hereunder in accordance with applicable law; however, the Administrator assumes no responsibility for ensuring that the Administrator and Trust assume full responsibility for complying complies with all securities, tax, commodities and other laws, rules and regulations applicable to each respectivelythe Trust. In compliance with the requirements of Rule 31a-3 under the 1940 Act, the Sub-Administrator agrees that all records which it maintains for the Administrator Trust shall at all times remain the property of the AdministratorTrust, shall be readily accessible during normal business hours, and shall be promptly surrendered upon the termination of the Agreement or otherwise on written request except as otherwise provided in Section 1312. The Sub-Administrator further agrees that all records that it maintains for the Trust, or for the Administrator on behalf of the Trust, Trust pursuant to Rule 31a-1 under the 1940 Act will be preserved for the periods prescribed by Rule 31a-2 under the 1940 Act unless any such records are earlier surrendered as provided above. Records may be surrendered in either written or machine-readable form, at the option of the Sub-Administrator. Upon the reasonable request of the Trust, copies of any such books and records shall be provided by the Administrator.

COMPLIANCE WITH GOVERNMENTAL RULES AND REGULATIONS; RECORDS. The Administrator acknowledges that the Administrator and each Trust assume assumes full responsibility for complying with all securities, tax, commodities and other laws, rules and regulations applicable to each respectivelyit. In compliance with the requirements of Rule 31a-3 3la-3 under the 1940 Act, the Sub-Administrator agrees that all records which it maintains for the Administrator Trusts shall at all times remain the property of the AdministratorTrusts, shall be readily accessible during normal nmmal business hours, and shall be promptly surrendered sunendered upon the termination te1mination of the Agreement or otherwise on written request except as otherwise provided in Section 1312. The Sub-Administrator further agrees that all records that it maintains for the Trust, or for the Administrator on behalf of the Trust, Trusts pursuant to Rule 31a-1 under the 1940 Act will be preserved for the periods prescribed by Rule 31a-2 3 la-2 under the 1940 Act unless any such records are earlier surrendered smTendered as provided above. Records may be surrendered sunendered in either written or machine-readable form, at the option of the Sub-Administrator.

COMPLIANCE WITH GOVERNMENTAL RULES AND REGULATIONS; RECORDS. The Administrator acknowledges represents and warrants that the Administrator and each Trust assume has assumed full responsibility for complying with all securities, tax, commodities and other laws, rules and regulations applicable to each respectivelyit. In compliance with the requirements of Rule 31a-3 under the 1940 Act, the Sub-Administrator agrees that all records which that it maintains for each Trust and the Administrator on behalf of the Trusts shall at all times remain the property of the Administratorsuch Trust, shall be readily accessible during normal business hours, and shall be promptly surrendered upon the termination of the Agreement or otherwise on written request except as otherwise provided in Section 1312. The Sub-Administrator further agrees that all records that it maintains for the Trust, or for each Trust and the Administrator on behalf of the Trust, such Trust pursuant to Rule 31a-1 under the 1940 Act will be preserved for the periods prescribed by Rule 31a-2 under the 1940 Act unless any such records are earlier surrendered as provided above. Records may be surrendered in either written or machine-readable form, at the option of the Sub-Administrator.

COMPLIANCE WITH GOVERNMENTAL RULES AND REGULATIONS; RECORDS. The Administrator acknowledges that the Administrator Each Company assumes, for itself and Trust assume its Subsidiaries, full responsibility for complying with all securities, tax, commodities and other laws, rules and regulations applicable to each respectivelyit. In compliance with the requirements of Rule 31a-3 under the 1940 Act, the Sub-Administrator agrees that all records which it maintains for the Administrator a Company or its Subsidiaries shall at all times remain the property of the Administratorsuch Company, shall be readily accessible by such Company during normal business hours, and shall be promptly surrendered to such Company upon the termination of the Agreement by such Company or otherwise on written request except as otherwise provided in Section 1312. The Sub-Administrator further agrees that all records that it maintains for the Trust, or for the Administrator on behalf of the Trust, a Company pursuant to Rule 31a-1 under the 1940 Act will be preserved for the periods prescribed by Rule 31a-2 under the 1940 Act unless any such records are earlier surrendered as provided above. Records of a Company may be surrendered in either written or machine-readable form, at the option of the Sub-Administrator.

COMPLIANCE WITH GOVERNMENTAL RULES AND REGULATIONS; RECORDS. The Administrator acknowledges that the Administrator and Trust assume assumes full responsibility for complying with all securities, tax, commodities and other laws, rules and regulations applicable to each respectivelythe Administrator or the Company. In compliance with the requirements of Rule 31a-3 under the 1940 Act, the Sub-Administrator agrees that all records which that it maintains for the Administrator Company shall at all times remain the property of the AdministratorCompany, shall be readily accessible by the Company during normal business hours, and shall be promptly surrendered to the Company upon the termination of the Agreement by the Company or otherwise on written request except as otherwise provided in Section 13request. The Sub-Administrator further farther agrees that all records that it maintains for the Trust, or for the Administrator on behalf of the Trust, Company pursuant to Rule 31a-1 under the 1940 Act will be preserved for the periods prescribed by Rule 31a-2 under the 1940 Act unless any such records are earlier surrendered as provided above. Records of the Company may be surrendered either in either written writing or in machine-readable form, at the option of the Sub-Administrator.