Common use of Orders and Payment for Shares Clause in Contracts

Orders and Payment for Shares. Orders for Shares shall be directed to the Fund's shareholder services agent, for acceptance on behalf of the Fund. At or prior to the time of delivery of any of our Shares you will pay or cause to be paid to the custodian of the Fund's assets, for our account, an amount in cash equal to the net asset value of such Shares. Sales of Shares shall be deemed to be made when and where accepted by the Fund's shareholder services agent. The Fund's custodian and shareholder services agent shall be identified in its prospectus.

Appears in 74 contracts

Samples: Distribution Agreement (Franklin Strategic Mortgage Portfolio), Distribution Agreement (Franklin Tax Advantaged High Yield Securities Fund), Distribution Agreement (Franklin Investors Securities Trust)

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Orders and Payment for Shares. Orders for Shares shall be directed to the Fund's shareholder services agent, for acceptance on behalf of the Fund. At or prior to the time of delivery of any of our the Shares you will pay or cause to be paid to the custodian of the Fund's assets, for our account, an amount in cash equal to the net asset value of such Shares. Sales of Shares shall be deemed to be made when and where accepted by the Fund's shareholder services agent. The Fund's custodian and shareholder services agent shall be identified in its prospectus.

Appears in 7 contracts

Samples: Distribution Agreement (Mutual Series Fund Inc), Distribution Agreement (Mutual Series Fund Inc), Distribution Agreement (Franklin Mutual Series Fund Inc)

Orders and Payment for Shares. Orders for Shares shall be directed to the FundTrust's shareholder services agent, for acceptance on behalf of the FundTrust. At or prior to the time of delivery of any of our Shares you will pay or cause to be paid to the custodian of the FundTrust's assets, for our account, an amount in cash equal to the net asset value of such Shares. Sales of Shares shall be deemed to be made when and where accepted by the FundTrust's shareholder services agent. The FundTrust's custodian and shareholder services agent shall be identified in its prospectus.

Appears in 7 contracts

Samples: Distribution Agreement (Templeton Variable Products Series Fund), Distribution Agreement (Templeton Real Estate Securities Fund), Distribution Agreement (Franklin Tax Free Trust)

Orders and Payment for Shares. Orders for Shares shall be directed to the Fund's ’s shareholder services agent, for acceptance on behalf of the Fund. At or prior to the time of delivery of any of our Shares you will pay or cause to be paid to the custodian of the Fund's ’s assets, for our account, an amount in cash equal to the net asset value of such Shares. Sales of Shares shall be deemed to be made when and where accepted by the Fund's ’s shareholder services agent. The Fund's ’s custodian and shareholder services agent shall be identified in its prospectus. 7.

Appears in 6 contracts

Samples: Distribution Agreement (Franklin Mutual Series Funds), Distribution Agreement (Franklin Money Fund), Distribution Agreement (Franklin Investors Securities Trust)

Orders and Payment for Shares. Orders for Shares shall be directed to the Fund's Funds' shareholder services agent, for acceptance on behalf of the Fund. At or prior to the time of delivery of any of our Shares you will pay or cause to be paid to the custodian of the Fund's Funds' assets, for our account, an amount in cash equal to the net asset value of such Shares. Sales of Shares shall be deemed to be made when and where accepted by the Fund's Funds' shareholder services agent. The Fund's Funds' custodian and shareholder services agent shall be identified in its prospectus.

Appears in 2 contracts

Samples: Distribution Agreement (Templeton Funds Inc), Distribution Agreement (Templeton Funds Inc)

Orders and Payment for Shares. Orders for Shares shall be directed to the Fund's Trust’s shareholder services agent, for acceptance on behalf of the FundTrust. At or prior to the time of delivery of any of our Shares you will pay or cause to be paid to the custodian of the Fund's Trust’s assets, for our account, an amount in cash equal to the net asset value of such Shares. Sales of Shares shall be deemed to be made when and where accepted by the Fund's Trust’s shareholder services agent. The Fund's Trust’s custodian and shareholder services agent shall be identified in its prospectus. 7.

Appears in 2 contracts

Samples: Distribution Agreement (Franklin New York Tax Free Trust), Distribution Agreement (Franklin Tax Free Trust)

Orders and Payment for Shares. Orders for Shares shall be directed to ----------------------------- the Fund's shareholder services agent, for acceptance on behalf of the Fund. At or prior to the time of delivery of any of our Shares you will pay or cause to be paid to the custodian of the Fund's assets, for our account, an amount in cash equal to the net asset value of such Shares. Sales of Shares shall be deemed to be made when and where accepted by the Fund's shareholder services agent. The Fund's custodian and shareholder services agent shall be identified in its prospectus.

Appears in 2 contracts

Samples: Distribution Agreement (Franklin Managed Trust), Distribution Agreement (Franklin New York Tax Free Trust)

Orders and Payment for Shares. Orders for Shares shall be directed to the Fund's Trust’s shareholder services agent, for acceptance on behalf of the FundTrust. At or prior to the time of delivery of any of our Shares you will pay or cause to be paid to the custodian of the Fund's Trust’s assets, for our account, an amount in cash equal to the net asset value of such Shares. Sales of Shares shall be deemed to be made when and where accepted by the Fund's Trust’s shareholder services agent. The Fund's Trust’s custodian and shareholder services agent shall be identified in its prospectus.

Appears in 2 contracts

Samples: Distribution Agreement (Franklin Tax Free Trust), Distribution Agreement (Franklin Tax Free Trust)

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Orders and Payment for Shares. Orders for Shares of a Fund shall be directed to the Fund's ’s shareholder services agent, for acceptance on behalf of the Fund. At or prior to the time of delivery of any of our Shares you will pay or cause to be paid to the custodian of the Fund's Funds’ assets, for our account, an amount in cash or other consideration as described from time to time in any of then effective prospectus for the Funds equal to the net asset value of such Shares. Sales of Shares shall be deemed to be made when and where accepted by the Fund's Trust’s shareholder services agent. The Fund's Trust’s custodian and shareholder services agent shall be identified in its prospectusprospectus or SAI.

Appears in 2 contracts

Samples: Distribution Agreement (PFM Multi-Manager Series Trust), Distribution Agreement (PFM Multi-Manager Series Trust)

Orders and Payment for Shares. Orders for Shares shall be directed to the Fund's Funds' shareholder services agent, for acceptance on behalf of the FundFunds. At or prior to the time of delivery of any of our Shares you will pay or cause to be paid to the custodian of the Fund's Funds' assets, for our account, an amount in cash equal to the net asset value of such Shares. Sales of Shares shall be deemed to be made when and where accepted by the Fund's Funds' shareholder services agent. The Fund's Funds' custodian and shareholder services agent shall be identified in its prospectus.

Appears in 2 contracts

Samples: Distribution Agreement (Templeton Institutional Funds Inc), Distribution Agreement (Templeton Institutional Funds Inc)

Orders and Payment for Shares. Orders for Shares shall be directed to the Fund's ’s shareholder services agent, for acceptance on behalf of the Fund. At or prior to the time of delivery of any of our Shares you will pay or cause to be paid to the custodian of the Fund's ’s assets, for our account, an amount in cash equal to the net asset value of such Shares. Sales of Shares shall be deemed to be made when and where accepted by the Fund's ’s shareholder services agent. The Fund's ’s custodian and shareholder services agent shall be identified in its prospectus.

Appears in 1 contract

Samples: Distribution Agreement (Franklin Resources Inc)

Orders and Payment for Shares. Orders for Shares shall be directed to ------------------------------- the Fund's shareholder services agent, for acceptance on behalf of the Fund. At or prior to the time of delivery of any of our Shares you will pay or cause to be paid to the custodian of the Fund's assets, for our account, an amount in cash equal to the net asset value of such Shares. Sales of Shares shall be deemed to be made when and where accepted by the Fund's shareholder services agent. The Fund's custodian and shareholder services agent shall be identified in its prospectus.

Appears in 1 contract

Samples: Distribution Agreement (Franklin Gold & Precious Metals Fund)

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