Common use of PRIVATE Exchanges Clause in Contracts

PRIVATE Exchanges. (i.e., the investment of the proceeds from the liquidation of shares of one Series in the shares of another Series, each of which is managed by the same or an affiliated investment adviser) shall, where available, be made in accordance with the terms of each Prospectus. tc " Exchanges (i.e., the investment of the proceeds from the liquidation of shares of one fund in the shares of another fund, each of which is managed by the Fund's investment adviser) shall, where available, be made in accordance with the terms of each Prospectus."

Appears in 11 contracts

Samples: Broker Dealer Contract (Smith Barney Equity Funds), Broker Dealer Contract (Smith Barney Shearson Investment Funds Inc), Broker Dealer Contract (Smith Barney Shearson Telecommunications Trust)

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