Common use of Offering Price Clause in Contracts

Offering Price. Shares shall be offered for sale at a price equivalent to their net asset value as determined pursuant to the Company's Prospectus for the Shares, as amended from time to time. On each business day on which the New York Stock Exchange is open for business, we will furnish you with the net asset value of the Shares, which shall be determined and become effective as of the close of business of the New York Stock Exchange on that day. The net asset value so determined shall apply to all orders for the purchase of the Shares received by purchasers prior to such determination, and you are authorized in your capacity as our agent to accept orders and confirm sales at such net asset value. To the extent that our Shareholder Servicing and Transfer Agent (collectively "Agent") and the Custodian(s) for any pension, profit-sharing, employer or self-employed plan receive payments on behalf of the investors, such Agent and Custodian(s) shall be required to record the time of such receipt with respect to each payment, and the applicable net asset value shall be that which is next determined and effective after the time of receipt by them. In all events, you shall forthwith notify all of the dealers comprising your selling group and the Agent and Custodian(s) of the effective net asset value as received from us. Should we at any time calculate our net asset value more frequently than once each business day, you and we will follow procedures with respect to such additional price or prices comparable to those set forth above in this Section 3.

Offering Price. Shares shall be offered for sale at a price equivalent to their net asset value as determined pursuant to the Company's Prospectus for the Sharesvalue, as amended from time to timeset forth in a Company’s then currently effective Prospectus and Statement of Additional Information. On each business day on which the New York Stock Exchange is open for business, we each Company will furnish you with the net asset value of the Shares, which shall be determined and become effective as of the close of business of the New York Stock Exchange on that day. The net asset value so determined shall apply to all orders for the purchase of the Shares received by purchasers prior to such determination, and you are authorized in your capacity as our a Company’s agent to accept orders and confirm sales at such net asset value. To the extent that our a Company’s Shareholder Servicing and Transfer Agent (collectively "“Agent"”) and the Custodian(s) for any pension, profit-sharing, employer or self-employed plan receive payments on behalf of the investors, such Agent and Custodian(s) shall be required to record the time of such receipt with respect to each payment, and the applicable net asset value shall be that which is next determined and effective after the time of receipt by them. In all events, you shall forthwith notify all of the dealers comprising your selling group and the Agent and Custodian(s) of the effective net asset value as received from usa Company. Should we a Company at any time calculate our the Company’s net asset value more frequently than once each business day, you and we the Company will follow procedures with respect to such additional price or prices comparable to those set forth above in this Section 3.

Offering Price. Shares shall be offered for sale at a price equivalent to their net asset value as determined pursuant to the Company's Prospectus for the Sharesvalue, as amended from time to timeset forth in the Trust’s then currently effective Prospectuses and Statements of Additional Information. On each business day on which the New York Stock Exchange is open for business, we the Trust will furnish you with the net asset value of the Shares, which shall be determined and become effective as of the close of business of the New York Stock Exchange on that day. The net asset value so determined shall apply to all orders for the purchase of the Shares received by purchasers prior to such determination, and you are authorized in your capacity as our the Trust’s agent to accept orders and confirm sales at such net asset value. To the extent that our the Trust’s Shareholder Servicing and Transfer Agent (collectively "“Agent"”) and the Custodian(s) for any pension, profit-sharing, employer or self-employed plan receive payments on behalf of the investors, such Agent and Custodian(s) shall be required to record the time of such receipt with respect to each payment, and the applicable net asset value shall be that which is next determined and effective after the time of receipt by them. In all events, you shall forthwith notify all of the dealers comprising your selling group and the Agent and Custodian(s) of the effective net asset value as received from usthe Trust. Should we the Trust at any time calculate our the Trust’s net asset value more frequently than once each business day, you and we the Trust will follow procedures with respect to such additional price or prices comparable to those set forth above in this Section 3.

Offering Price. Shares shall be offered for sale at a price equivalent to their net asset value as determined pursuant to the Company's Prospectus for the Shares, as amended from time to time. On each business day on which the New York Stock Exchange is open for business, we will furnish you with the net asset value of the Shares, which shall be determined and become effective as of the close of business of the New York Stock Exchange on that day. The net asset value so determined shall apply to all orders for the purchase of the Shares received by purchasers prior to such determination, and you are authorized in your capacity as our agent to accept orders and confirm sales at such net asset value. To the extent that our Shareholder Servicing and Transfer Agent (collectively "Agent") and the Custodian(s) for any pension, profit-sharing, employer or self-employed plan receive payments on behalf of the investors, such Agent and Custodian(s) shall be required to record the time of such receipt with respect to each payment, and the applicable net asset value shall be that which is next determined and effective after the time of receipt by them. In all events, you shall forthwith notify all of the dealers comprising your selling group and the Agent and Custodian(s) of the effective net asset value as received from us. Should we at any time calculate our net asset value more frequently than once each business day, you and we will follow procedures with respect to such additional price or prices comparable to those set forth above in this Section 3.