Initial Sales Loads Payable to Financial Institution. (a) On each order accepted by Distributor, in exchange for the performance of sales services and/or distribution services, Financial Institution will be entitled to receive the applicable dealer concession set forth in the then current prospectus or statement of additional information ("SAI") of the applicable Fund or applicable Fund Exhibit, whichever contains more recent information, subject to any adjustment in the rate of such concession referred to below, from the amount paid by Financial Institution's customer. The initial sales loads for any Fund shall be those set forth in its prospectus. The rate of the dealer concession payable to Financial Institution may be changed at any time at Distributor's sole discretion upon written notice to Financial Institution.
(b) Transactions may be settled by Financial Institution: (1) by payment of the full purchase price less an amount equal to Financial Institution's applicable percentage of the initial sales load, or (2) by payment of the full purchase price, in which case Financial Institution shall receive, not less frequently than monthly, the aggregate fees due it on orders received and settled. Upon request, Financial Institution shall provide Distributor with a report detailing the amounts retained by Financial Institution under subparagraph (b)(1).
(c) It shall be the obligation of the Financial Institution either: (i) to provide Distributor with all necessary information regarding the application of the appropriate initial sales load to each transaction, or (ii) to assess the appropriate initial sales load for each transaction and to forward the public offering price, net of the amount of the initial sales load to be reallowed to the Financial Institution, to the appropriate Fund. Neither the Fund nor Distributor shall have any responsibility to correct the payment or assessment of an incorrect initial sales load due to the failure of the Financial Institution to fulfill the foregoing obligation.
Initial Sales Loads Payable to Financial Institution. (a) On each order accepted by OGDS, in exchange for the performance of sales and/or distribution services, Financial Institution will be entitled to receive the applicable percentage of the initial sales load, if any, as established by OGDS from the amount paid by Financial Institution's customer. The initial sales loads for any Fund shall be those set forth in the Fund's prospectus. The portion of the initial sales load payable to Financial Institution may be changed at any time, at OGDS' sole discretion, upon written notice to Financial Institution.
(b) Transactions may be settled by Financial Institution: (i) by payment of the full purchase price less an amount equal to Financial Institution's applicable percentage of the initial sales load, or (ii) by payment of the full purchase price, in which case Financial Institution shall receive, not less frequently than monthly, the aggregate fees due to it on orders received and settled.
(c) It shall be the obligation of the Financial Institution to either (i) assess the appropriate initial sales load for each transaction and to forward the public offering price, net of the amount of the initial sales load to be reallocated to the Financial Institution, to the appropriate Fund, or (ii) to provide OGDS with all necessary information regarding the application of the appropriate initial sales load to each transaction.
(d) In the event that Financial Institution notifies OGDS in writing that Financial Institution elects to waive such initial sales load, and if the Funds' prospectus permits such waiver, such initial sales load will not be assessed on the transaction. Neither the Fund nor OGDS shall have any responsibility to correct the payment or assessment of an incorrect initial sales load due to the failure of the Financial Institution to fulfill the foregoing obligation.
Initial Sales Loads Payable to Financial Institution. On each order accepted by FSC, in exchange for the performance of sales and/or distribution services, Financial Institution will be entitled to receive the applicable percentage of the initial sales load, if any, as established by FSC from the amount paid by Financial Institution's customer . The initial sales loads for any Fund shall be those set forth in its prospectus. The portion of the initial sales load payable to Financial Institution may be changed at any time at FSC's sole discretion upon written notice to Financial Institution.
Initial Sales Loads Payable to Financial Institution. (a) On each order accepted by FSC, in exchange for the performance of sales and/or distribution services, Financial Institution will be entitled to receive the applicable percentage of the initial sales load, if any, as established by FSC from the amount paid by Financial Institution's customer . The initial sales loads for any Fund shall be those set forth in its prospectus. The portion of the initial sales load payable to Financial Institution may be changed at any time at FSC's sole discretion upon written notice to Financial Institution.
(b) Transactions may be settled by Financial Institution: (1) by payment of the full purchase price less an amount equal to Financial Institution's applicable percentage of the initial sales load, or (2) by payment of the full purchase price, in which case Financial Institution shall receive, not less frequently than monthly, the aggregate fees due it on orders received and settled.
(c) It shall be the obligation of the Financial Institution either: (i) to provide FSC with all necessary information regarding the application of the appropriate initial sales load to each transaction, or (ii) to assess the appropriate initial sales load for each transaction and to forward the public offering price, net of the amount of the initial sales load to be reallocated to the Financial Institution, to the appropriate Fund. Neither the Fund nor FSC shall have any responsibility to correct the payment or assessment of an incorrect initial sales load due to the failure of the Financial Institution to fulfill the foregoing obligation.
Initial Sales Loads Payable to Financial Institution. (a) On each order accepted by Freedom, in exchange for the performance of sales and/or distribution services, Financial Institution will be entitled to receive the applicable percentage of the initial sales load, if any, as established by Freedom from the amount paid by Financial Institution's customer. The initial sales loads for any Fund shall be those set forth in its prospectus. The portion of the initial sales load payable to Financial Institution may be changed at any time at Freedom's sole discretion upon written notice to Financial Institution.
(b) Transactions may be settled by Financial Institution: (1) by payment of the full purchase price less an amount equal to Financial Institution's applicable percentage of the initial sales load, or (2) by payment of the full purchase price, in which case Financial Institution shall receive, not less frequently than monthly, the aggregate fees due it on orders received and settled.
(c) It shall be the obligation of the Financial Institution either: (i) to provide Freedom with all necessary information regarding the application of the appropriate initial sales load to each transaction, or (ii) to assess the appropriate initial sales load for each transaction and to forward the public offering price, net of the amount of the initial sales load to be reallocated to the Financial Institution, to the appropriate Fund. Neither the Fund nor Freedom shall have any responsibility to correct the payment or assessment of an incorrect initial sales load due to the failure of the Financial Institution to fulfill the foregoing obligation.
Initial Sales Loads Payable to Financial Institution. (a) On each order accepted by Edgewood, in exchange for the performance of sales and/or distribution services, Financial Institution will be entitled to receive the applicable dealer concession provided in the then current Prospectus of the applicable Fund, subject to any adjustment n the rate of Deutsche Family of Funds, Inc. 31997 such concession referred to below, from the amount paid by Financial Institution's customer . The initial sales loads for any Fund shall be those set forth in its prospectus. The rate of the dealer concession payable to Financial Institution may be changed at any time at Edgewood's sole discretion upon written notice to Financial Institution.
(b) Transactions may be settled by Financial Institution: (1) by payment of the full purchase price less an amount equal to Financial Institution's applicable percentage of the initial sales load, or (2) by payment of the full purchase price, in which case Financial Institution shall receive, not less frequently than monthly, the aggregate fees due it on orders received and settled.
(c) It shall be the obligation of the Financial Institution either: (i) to provide Edgewood with all necessary information regarding the application of the appropriate initial sales load to each transaction, or (ii) to assess the appropriate initial sales load for each transaction and to forward the public offering price, net of the amount of the initial sales load to be reallocated to the Financial Institution, to the appropriate Fund. Neither the Fund nor Edgewood shall have any responsibility to correct the payment or assessment of an incorrect initial sales load due to the failure of the Financial Institution to fulfill the foregoing obligation.
Initial Sales Loads Payable to Financial Institution. (a) On each order accepted by Distributor, in exchange for the performance of sales services and/or distribution services, Financial Institution will be entitled to receive the applicable dealer concession set forth in the then current prospectus of the applicable Fund or the Exhibit, whichever contains more recent information, subject to any adjustment in the rate of such concession referred to below, from the amount paid by Financial Institution's customer. The initial sales loads for any Fund shall be those set forth in its prospectus. The rate of the dealer concession payable to Financial Institution may be changed at any time at Distributor's sole discretion upon written notice to Financial Institution.
(b) Transactions may be settled by Financial Institution: (1) by payment of the full purchase price less an amount equal to Financial Institution's applicable percentage of the initial sales load, or (2) by payment of the full purchase price, in which case Financial Institution shall receive, not less frequently than monthly, the aggregate fees due it on orders received and settled. Upon request, Financial Institution shall provide Distributor with a report detailing the amounts retained by Financial Institution under subparagraph (b)(1).
(c) It shall be the obligation of the Financial Institution either: (i) to provide Distributor with all necessary information regarding the application of the appropriate initial sales load to each transaction, or (ii) to assess the appropriate initial sales load for each transaction and to forward the public offering price, net of the amount of the initial sales load to be reallowed to the Financial Institution, to the appropriate Fund. Neither the Fund nor Distributor shall have any responsibility to correct the payment or assessment of an incorrect initial sales load due to the failure of the Financial Institution to fulfill the foregoing obligation.
Initial Sales Loads Payable to Financial Institution. (a) On each order accepted by Edgewood, in exchange for the performance of sales and/or distribution services, Financial Institution will be entitled to receive the applicable dealer concession provided in the then current Prospectus of the applicable Fund, subject to any adjustment in the rate of such concession referred to below, from the amount paid by Financial Institution's customer . The initial sales loads for any Fund shall be those set forth in its prospectus. The rate of the dealer concession payable to Financial Institution may be changed at any time at Edgewood's sole discretion upon written notice to Financial Institution.
(b) Transactions may be settled by Financial Institution: (1) by payment of the full purchase price less an amount equal to Financial Institution's applicable percentage of the initial sales load, or (2) by payment of the full purchase price, in which case Financial Institution shall receive, not less frequently than monthly, the aggregate fees due it on orders received and settled.
(c) It shall be the obligation of the Financial Institution either: (i) to provide Edgewood with all necessary information regarding the application of the appropriate initial sales load to each transaction, or (ii) to assess the appropriate initial sales load for each transaction and to forward the public offering price, net of the amount of the initial sales load to be reallocated to the Financial Institution, to the appropriate Fund. Neither the Fund nor Edgewood shall have any responsibility to correct the payment or assessment of an incorrect initial sales load due to the failure of the Financial Institution to fulfill the foregoing obligation.
Initial Sales Loads Payable to Financial Institution. (a) On each order accepted by ESI, in exchange for the performance of sales, Financial Institution will be entitled to receive the applicable percentage of the initial sales load, if any, as established by ESI from the amount paid by Financial Institution's customer. The initial sales loads for any Fund shall be those set forth in its prospectus. The portion of the initial sales load payable to Financial Institution may be changed at any time at ESI's sole discretion upon written notice to Financial Institution.
(b) Transactions may be settled by Financial Institution: (1) by payment of the full purchase price less an amount equal to Financial Institution's applicable percentage of the initial sales load, or (2) by payment of the full purchase price, in which case Financial Institution shall receive, not less frequently than monthly, the aggregate fees due it on orders received and settled.
(c) It shall be the obligation of the Financial Institution either: (i) to provide ESI with all necessary information regarding the application of the appropriate initial sales load to each transaction, or (ii) to assess the appropriate initial sales load for each transaction and to forward the public offering price, net of the amount of the initial sales load to be reallocated to the Financial Institution, to the appropriate Fund. Neither the Fund nor ESI shall have any responsibility to correct the payment or assessment of an incorrect initial sales load due to the failure of the Financial Institution to fulfill the foregoing obligation.
(d) If any shares are sold by the Financial Institution with a sales load and are redeemed for the account of the Fund or are tendered for redemption within seven (7) business days after confirmation of the purchase order for such shares, the Financial Institution agrees to refund to ESI the full dealer reallowance received on the sale and ESI agrees to pay to the Fund the portion of the sales load on the sale which ESI has retained as well as any amount refunded by the Financial Institution and paid to ESI.
Initial Sales Loads Payable to Financial Institution. (a) On each order accepted by Edgewood and a Fund, in exchange for the performance of sales services, Financial Institution will be entitled to receive from Edgewood the applicable percentage of the initial sales load, if any, as established by Edgewood and described in, and limited by, the applicable Fund's prospectus from the amount paid by Financial Institution's customer (the "Dealer Reallowance"). The initial sales loads for any Fund shall be those set forth in its prospectus. The portion of the initial sales load payable to Financial Institution may be changed at any time at Edgewood's sole discretion upon written notice to Financial Institution.
(b) Transactions may be settled by Financial Institution: (1) by payment of the full purchase price less an amount equal to the Dealer Reallowance, or (2) by payment of the full purchase price, in which case Financial Institution shall receive, not less frequently than monthly, the Dealer Reallowance in respect of all orders received and settled during the immediately preceding calendar month.
(c) It shall be the obligation of the Financial Institution either: (i) to provide Edgewood with all necessary information regarding the application of the appropriate initial sales load to each transaction, or (ii) to assess the appropriate initial sales load for each transaction and to forward the public offering price, net of the amount of the initial sales load to be reallowed to the Financial Institution, to Edgewood. Neither the Fund nor Edgewood shall have any responsibility to correct the payment or assessment of an incorrect initial sales load due to the failure of the Financial Institution to fulfill the foregoing obligation.
(d) If any shares are sold by the Financial Institution with a sales load and are redeemed for the account of the Fund or are tendered for redemption within seven (7) business days after confirmation of the purchase order for such shares, the Financial Institution agrees to refund to Edgewood the full Dealer Reallowance received on the sale and Edgewood agrees to pay to the Fund the portion of the sales load on the sale which Edgewood has retained as well as any amoung refunded by the Financial Institution and paid to Edgewood.
