Common use of Payment for Class Clause in Contracts

Payment for Class. A Shares purchased by you is to be made by certified or official bank check at the office of Mercury Funds Distributor, a division of Princeton Funds Distributor, Inc., P.O. Xxx 0000, Xxxxxxxxx, Xxx Xxxxxx 00000-0000, xx such date as we may advise, in New York Clearing House funds payable to the order of Mercury Funds Distributor, a division of Princeton Funds Distributor, Inc., or by federal funds wire transfer, against delivery by us of non-negotiable share deposit receipts ("Receipts") issued by Financial Data Services, Inc., as shareholder servicing agent, acknowledging the deposit with it of the Class A Shares so purchased by you. You agree that as promptly as practicable after the delivery of such Class A Shares you will issue appropriate written transfer instructions to the Corporation or to the shareholder servicing agent as to the purchasers to whom you sold the Class A Shares.

Appears in 5 contracts

Samples: Shares Distribution Agreement (Mercury Asset Management Funds Inc), Shares Distribution Agreement (Mercury Asset Management Funds Inc), Shares Distribution Agreement (Mercury Asset Management Funds Inc)

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Payment for Class. A C Shares purchased by you is to be made by certified or official bank check at the office of Mercury Funds Distributor, a division of Princeton Funds Distributor, Inc., P.O. Xxx 0000, Xxxxxxxxx, Xxx Xxxxxx 00000-0000, xx such date as we may advise, in New York Clearing House funds payable to the order of Mercury Funds Distributor, a division of Princeton Funds Distributor, Inc., or by federal funds wire transfer, against delivery by us of non-negotiable share deposit receipts ("Receipts") issued by Financial Data Services, Inc., as shareholder servicing agent, acknowledging the deposit with it of the Class A C Shares so purchased by you. You agree that as promptly as practicable after the delivery of such Class A C Shares you will issue appropriate written transfer instructions to the Corporation or to the shareholder servicing agent as to the purchasers to whom you sold the Class A C Shares.

Appears in 5 contracts

Samples: Shares Distribution Agreement (Mercury Asset Management Funds Inc), Shares Distribution Agreement (Mercury Asset Management Funds Inc), Shares Distribution Agreement (Mercury Asset Management Funds Inc)

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Payment for Class. A Shares purchased by you is to be made by certified or official bank check at the office of Mercury Xxxxxxx Xxxxx Funds Distributor, a division of Princeton Funds Distributor, Inc., P.O. X.X. Xxx 0000, Xxxxxxxxx, Xxx Xxxxxx 00000-0000, xx on such date as we may advise, in New York Clearing House funds payable to the order of Mercury Xxxxxxx Xxxxx Funds Distributor, a division of Princeton Funds Distributor, Inc., or by federal funds wire transfer, against delivery by us of non-negotiable share deposit receipts ("Receipts") issued by Financial Data Services, Inc., as shareholder servicing agent, acknowledging the deposit with it of the Class A Shares so purchased by you. You agree that as promptly as practicable after the delivery of such Class A Shares you will issue appropriate written transfer instructions to the Corporation Fund or to the shareholder servicing agent as to the purchasers to whom you sold the Class A Shares.

Appears in 1 contract

Samples: Shares Distribution Agreement (Merrill Lynch Global Financial Services Fund Inc)

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