Common use of PAYMENT AND ISSUANCE OF CERTIFICATES Clause in Contracts

PAYMENT AND ISSUANCE OF CERTIFICATES. Regardless of the payment method elected, Fund shares purchased by you for your customers hereunder shall be paid for in full by check payable to the Fund at its office within three business days after our acceptance of your order. If not so paid, the Fund reserves the right, without notice, to cancel the sale and to hold you responsible for any loss, including lost profit, sustained by us or the Fund in consequence. Certificates representing Fund shares will not be issued unless a specific request is received from you or your customer. Certificates, if requested, will be issued in the names indicated by registration instructions accompanying payment.

PAYMENT AND ISSUANCE OF CERTIFICATES. Regardless of the payment method elected, Fund shares purchased by you for your customers hereunder shall be paid for in full fully by check payable to the Fund at its office within three five business days after our acceptance of your order. If not so paid, the Fund reserves the right, without notice, to cancel the sale and to hold you responsible for any loss, including lost profit, sustained by us or the Fund in consequence. Certificates representing Fund shares will not be issued unless a specific request is received from you or your customer. Certificates, if requested, will be issued in the names indicated by registration instructions accompanying payment.