Common use of Initial Sales Loads Payable to Financial Institution Clause in Contracts

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.

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 ’s customer. The initial sales loads for any Fund shall be those set forth in the Fund's ’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.