Common use of Payment for the Funds Clause in Contracts

Payment for the Funds. Class B 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., X.X. Xxx 0000, Xxxxxxxxx, Xxx Xxxxxx 00000-0000, on 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 applicable Fund's Class B Shares so purchased by you. You agree that as promptly as practicable after the delivery of such Class B 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 such Class B Shares.

Payment for the Funds. Class B 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., X.X. Xxx 0000, Xxxxxxxxx, Xxx Xxxxxx 00000-0000, on 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 applicable Fund's Class B C Shares so purchased by you. You agree that as promptly as practicable after the delivery of such Class B 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 such Class B C Shares.

Payment for the Funds. Class B 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., X.X. Xxx 0000, Xxxxxxxxx, Xxx Xxxxxx 00000-0000, on 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 applicable Fund's Class B A Shares so purchased by you. You agree that as promptly as practicable after the delivery of such Class B 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 such Class B A Shares.