Common use of Payments to the Distributor Clause in Contracts

Payments to the Distributor. The Distributor shall receive and may retain any contingent deferred sales charge which is imposed with respect to repurchases and redemptions of Class B shares as set forth in the Prospectus, subject to the limitations of Article III, Section 26 of the NASD Rules of Fair Practice. Payment of these amounts to the Distributor is not contingent upon the adoption or continuation of the Plan.

Appears in 4 contracts

Samples: Distribution Agreement (Prudential Global Limited Maturity Fund Inc), Distribution Agreement (Prudential Pacific Growth Fund Inc), Distribution Agreement (Prudential Global Fund Inc)

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Payments to the Distributor. The Distributor shall receive and may retain any contingent deferred sales charge which is imposed with respect to repurchases and redemptions of Class B C shares as set forth in the Prospectus, subject to the limitations of Article III, Section 26 of the NASD Rules of Fair Practice. Payment of these amounts to the Distributor is not contingent upon the adoption or continuation of the Plan.

Appears in 4 contracts

Samples: Distribution Agreement (Prudential Pacific Growth Fund Inc), Distribution Agreement (Prudential Global Limited Maturity Fund Inc), Distribution Agreement (Prudential Global Fund Inc)

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