Common use of Commission Shares Clause in Contracts

Commission Shares. (a) Commission Shares of any Fund attributed to the existing Principal Distributor shall be Commission Shares, the Date of Original Issuance of which occurred on or after the Inception Date of such Fund and on or prior to the Existing Distributor Cut-Off Date in respect of such Fund. (b) Commission Shares of any Fund attributed to any subsequent Principal Distributor shall be Commission Shares of such Fund, the Date of Original Issuance of which occurs after the Subsequent Distributor Start-Up Date and on or prior to the Subsequent Distributor Cut-Off Date. (c) A Commission Share of a particular Fund (the "Issuing Fund") issued in consideration of the investment of the proceeds of the redemption of a Commission Share of another Fund (the "Redeeming Fund") in connection with a Permitted Free Exchange, is deemed to have a Date of Original Issuance identical to the Date of Original Issuance of the Commission Share of the Redeeming Fund and any such Commission Share will be attributed to the existing Principal Distributor or a subsequent Principal Distributor based upon such Date of Original Issuance in accordance with rules (a) and (b) above. (d) A Commission Share redeemed other than in connection with a Permitted Free Exchange or converted to a Class A share is attributable to the existing Principal Distributor or a subsequent Principal Distributor based upon the Date of Original Issuance in accordance with rule (a), (b) and (c) above.

Commission Shares. (a) Commission Shares of any Fund attributed to the existing Principal Distributor shall be Commission Shares, the Date of Original Issuance of which occurred on or after the Inception Date of such Fund and on or prior to the Existing Distributor Cut-Off Date in respect of such Fund. (b) Commission Shares of any Fund attributed to any subsequent Principal Distributor shall be Commission Shares of such Fund, the Date of Original Issuance of which occurs after the Subsequent Distributor Start-Up Date and on or prior to the Subsequent Distributor Cut-Off Date. (c) A Commission Share of a particular Fund (the "Issuing FundISSUING FUND") issued in consideration of the investment of the proceeds of the redemption of a Commission Share of another Fund (the "Redeeming FundREDEEMING FUND") in connection with a Permitted Free Exchange, is deemed to have a Date of Original Issuance identical to the Date of Original Issuance of the Commission Share of the Redeeming Fund and any such Commission Share will be attributed to the existing Principal Distributor or a subsequent Principal Distributor based upon such Date of Original Issuance in accordance with rules (a) and (b) above. (d) A Commission Share redeemed other than in connection with a Permitted Free Exchange or converted to a Class A share is attributable to the existing Principal Distributor or a subsequent Principal Distributor based upon the Date of Original Issuance in accordance with rule (a), (b) and (c) above.

Commission Shares. (a) Commission Shares of any Fund attributed to the existing Principal Distributor shall be Commission Shares, the Date of Original Issuance of which occurred on or after the Inception Date of such Fund and on or prior to the Existing Distributor Cut-Off Date in respect of such Fund. (b) Commission Shares of any Fund attributed to any subsequent Principal Distributor shall be Commission Shares of such Fund, the Date of Original Issuance of which occurs after the Subsequent Distributor Start-Up Date and on or prior to the Subsequent Distributor Cut-Off Date. (c) A Commission Share of a particular Fund (the "“Issuing Fund"”) issued in consideration of the investment of the proceeds of the redemption of a Commission Share of another Fund (the "“Redeeming Fund"”) in connection with a Permitted Free Exchange, is deemed to have a Date of Original Issuance identical to the Date of Original Issuance of the Commission Share of the Redeeming Fund and any such Commission Share will be attributed to the existing Principal Distributor or a subsequent Principal Distributor based upon such Date of Original Issuance in accordance with rules (a) and (b) above. (d) A Commission Share redeemed other than in connection with a Permitted Free Exchange or converted to a Class A share is attributable to the existing Principal Distributor or a subsequent Principal Distributor based upon the Date of Original Issuance in accordance with rule (a), (b) and (c) above.