Common use of Offering Price of Shares Clause in Contracts

Offering Price of Shares. All Shares sold under this Agreement shall be sold at the public offering price per Share in effect at the time of the sale, as described in the applicable Prospectus. The excess, if any, of the public offering price over the net asset value of the Shares sold by Distributor as agent, and any contingent deferred sales charge applicable to Shares of any class as set forth in the applicable Prospectus, shall be retained by Distributor as a commission for its services hereunder. Out of such commission Distributor may allow commissions, concessions or agency fees to dealers or other financial institutions, including banks, and may allow them to others in its discretion in such amounts as Distributor shall determine from time to time, consistent with any disclosure in the then-current applicable Prospectus and Statement of Additional Information. Except as may be otherwise determined by Distributor from time to time, such commissions, concessions or agency fees shall be uniform to all dealers and other financial institutions. At no time shall a Trust receive less than the full net asset value of the Shares, determined in the manner set forth in the applicable Prospectus and the Statement of Additional Information. Distributor also may receive such compensation under a Trust's Service Plan, if applicable, with respect to a Fund or a particular class of Shares as may be authorized by the Trustees of the Trust from time to time.

Offering Price of Shares. All Fund Shares sold under this Agreement shall be sold at the public offering price per Share in effect at the time of the sale, as described in the applicable Prospectus. The excess, if any, of the public offering price over the net asset value of the Shares sold by Distributor as agent, and any contingent deferred sales charge applicable to Shares of any class of any Fund as set forth in the applicable Fund's Prospectus, shall be retained by Distributor as a commission for its services hereunder. Out of such commission Distributor may allow commissions, concessions or agency fees to dealers or other financial institutions, including banks, and may allow them to others in its discretion in such amounts as Distributor shall determine from time to time, consistent with any disclosure in the then-current applicable Prospectus and Statement of Additional Information. Except as may be otherwise determined by Distributor from time to time, such commissions, concessions or agency fees shall be uniform to all dealers and other financial institutions. At no time shall a the Trust receive less than the full net asset value of the SharesShares of each Fund, determined in the manner set forth in the applicable Prospectus and the Statement of Additional Information. Distributor also may receive such compensation under a the Trust's Service Plan, if applicable, with respect to a Fund or a particular class of Shares Plan as may be authorized by the Trustees of the Trust from time to time.

Offering Price of Shares. All Fund Shares sold under this Agreement shall be sold at the public offering price per Share in effect at the time of the sale, as described in the applicable Prospectus. The excess, if any, of the public offering price over the net asset value of the Shares sold by Distributor as agent, and any contingent deferred sales charge applicable to Shares of any class of any Fund as set forth in the applicable Fund's Prospectus, shall be retained by Distributor as a commission for its services hereunder. Out of such commission Distributor may allow commissions, concessions or agency fees to dealers or other financial institutions, including banks, and may allow them to others in its discretion in such amounts as Distributor shall determine from time to time, consistent with any disclosure in the then-current applicable Prospectus and Statement of Additional Information. Except as may be otherwise determined by Distributor from time to time, such commissions, concessions or agency fees shall be uniform to all dealers and other financial institutions. At no time shall a the Trust receive less than the full net asset value of the SharesShares of each Fund, determined in the manner set forth in the applicable Prospectus and the Statement of Additional Information. Distributor also may receive such compensation under a Trust's Service Plan, if applicable, with respect to a Fund or a particular class of Shares as may be authorized by the Trustees of the Trust from time to time.

Offering Price of Shares. All Shares sold under this Agreement shall be sold at the public offering price per Share in effect at the time of the sale, as described in the applicable Prospectus. The excess, if any, of the public offering price over the net asset value of the Shares sold by Distributor as agent, and any contingent deferred sales charge applicable to Shares of any class as set forth in the applicable Trust's Prospectus, shall be retained by Distributor as a commission for its services hereunder. Out of such commission Distributor may allow commissions, concessions or agency fees to dealers or other financial institutions, including banks, and may allow them to others in its discretion in such amounts as Distributor shall determine from time to time, consistent with any disclosure in the then-current applicable Prospectus and Statement of Additional Information. Except as may be otherwise determined by Distributor from time to time, such commissions, concessions or agency fees shall be uniform to all dealers and other financial institutions. At no time shall a the Trust receive less than the full net asset value of the Shares, determined in the manner set forth in the applicable Prospectus and the Statement of Additional Information. Distributor also may receive such compensation under a the Trust's Service Plan, if applicable, with respect to a Fund or a particular class of Shares Distribution Plan as may be authorized by the Trustees of the Trust from time to time.