Payment of Shares. At or prior to the time of delivery of any of our shares you will pay or cause to be paid to the Custodian, for our account, an amount in cash equal to the net asset value of such shares. In the event that you pay for shares sold by you prior to your receipt of payment from purchasers, you are authorized to reimburse yourself for the net asset value of such shares from the offering price of such shares when received by you.
Appears in 65 contracts
Samples: Underwriting Agreement (Voya FUNDS TRUST), Underwriting Agreement (Voya EQUITY TRUST), Underwriting Agreement (Voya MUTUAL FUNDS)
Payment of Shares. At or prior to the time of delivery of any of our shares Shares you will pay or cause to be paid to the Custodianour Custodian or its successor, for our account, an amount in cash equal to the net asset value of such sharesShares. In the event that you pay for shares Shares sold by you prior to your receipt of payment from purchasers, purchasers you are authorized to reimburse yourself for the net asset value of such shares from the offering price of such shares Shares when received by you.
Appears in 17 contracts
Samples: Distribution Agreement (Templeton Global Investment Trust), Distribution Agreement (Templeton Global Investment Trust), Distribution Agreement (Templeton Income Trust)
Payment of Shares. At or prior to the time of delivery of any of our shares the Shares you will pay or cause to be paid to the Custodian, for our account, an amount in cash equal to the net asset value of such sharesShares. In the event that you pay for shares Shares sold by you prior to your receipt of payment from purchasers, you are authorized to reimburse yourself for the net asset value of such shares Shares from the offering price of such shares Shares when received by you.
Appears in 9 contracts
Samples: Underwriting Agreement (E Trade Funds), Underwriting Agreement (Stockback Trust), Underwriting Agreement (E Trade Funds)
Payment of Shares. At or prior to the time of delivery of any of our shares Shares you will pay or cause to be paid to the Custodianour Custodian or its successor, for our account, an amount in cash equal to the net asset value of such sharesShares. In the event that you pay for shares Shares sold by you prior to your receipt of payment from purchasers, purchasers you are authorized to reimburse yourself for the net asset value of such shares Shares from the offering price of such shares Shares when received by you.
Appears in 6 contracts
Samples: Distribution Agreement (Franklin Strategic Mortgage Portfolio), Distribution Agreement (Franklin Tax Advantaged U S Government Securities Fund), Distribution Agreement (Franklin Tax Advantaged High Yield Securities Fund)
Payment of Shares. At or prior to the time of delivery of any of our shares you will pay or cause to be paid to the Custodian, for our account, an amount in cash equal to the net asset value of such shares. In the event that you pay for shares sold by you prior to your receipt of payment from purchasers, you are authorized to reimburse yourself for the net asset value of such shares from the offering price of such shares when received by you.
Appears in 5 contracts
Samples: Underwriting Agreement (Voya Separate Portfolios Trust), Underwriting Agreement (Voya Separate Portfolios Trust), Underwriting Agreement (Voya Separate Portfolios Trust)
Payment of Shares. At or prior to the time of delivery of any of our shares Shares you will pay or cause to be paid to the Custodianour custodian or its successor, for our account, an amount in cash equal to the net asset value of such sharesShares. In the event that you pay for shares Shares sold by you prior to your receipt of payment from purchasers, purchasers you are authorized to reimburse yourself for the net asset value of such shares from the offering price of such shares when received by youShares.
Appears in 1 contract
Samples: Distribution Agreement (Franklin Tax Exempt Money Fund)
