Common use of PURCHASE AND SALE OF INVESTMENTS OF THE TRUST Clause in Contracts

PURCHASE AND SALE OF INVESTMENTS OF THE TRUST. (a) Promptly after each purchase of Securities for the Trust, the Trust shall deliver to the Custodian (i) with respect to each purchase of Securities which are not Money Market Securities, Written Instruction, and (ii) with respect to each purchase of Money Market Securities, either Written or Oral Instruction, in either case specifying with respect to each purchase: (1) the name of the issuer and the title of the securities; (2) the number of shares or the principal amount purchased and accrued interest, if any; (3) the date of purchase and settlement; (4) the purchase price per unit; (5) the total amount payable upon such purchase; (6) the name of the person from whom or the broker through whom the purchase was made, if any; (7) whether or not such purchase is to be settled through the Book-Entry System or the Depository; and (8) whether the Securities purchased are to be deposited in the Book-Entry System or the Depository. The Custodian shall receive all Securities purchased by or for the Trust and upon receipt of such Securities shall pay out of the moneys held for the account of the Trust the total amount payable upon such purchase, provided that the same conforms to the total amount payable as set forth in such Written or Oral Instructions.

PURCHASE AND SALE OF INVESTMENTS OF THE TRUST. (a) Promptly after each purchase of Securities for the Trust, the Trust shall deliver to the Custodian (i) with respect to each purchase of Securities which are not Money Market Securities, Written Instruction, and (ii) with respect to each purchase of Money Market Securities, either Written or Oral Instruction, in either case specifying with respect to each purchase: (1) the name of the issuer and the title of the securitiesSecurities; (2) the number of shares or the principal amount purchased and accrued interest, if any; (3) the date of purchase and settlement; (4) the purchase price per unit; (5) the total amount payable upon such purchase; (6) the name of the person from whom or the broker through whom the purchase was made, if any; (7) whether or not such purchase is to be settled through the Book-Entry System or the Depository; and (8) whether the Securities purchased are to be deposited in the Book-Entry System or the Depository. The Custodian shall receive all Securities purchased by or for the Trust and upon receipt of such Securities shall pay out of the moneys held for the account of the Trust the total amount payable upon such purchase, provided that the same conforms to the total amount payable as set forth in such Written or Oral Instructions.

PURCHASE AND SALE OF INVESTMENTS OF THE TRUST. (a) Promptly after each purchase of Securities for the Trust, the Trust shall deliver to the Custodian (i) with respect to each purchase of Securities which are not Money Market Securities, Written Instruction, and (ii) with respect to each purchase of Money Market Securities, either a Written or Oral Instruction, in either case specifying with respect to each purchase: (1) the name of the issuer and the title of the securitiesSecurities; (2) the number of shares or the principal amount purchased and accrued interest, if any; (3) the date of purchase and settlement; (4) the purchase price per unit; (5) the total amount payable upon such purchase; (6) the name of the person from whom or the broker through whom the purchase was made, if any; (7) whether or not such purchase is to be settled through the Book-Entry System or the Depository; and (8) whether the Securities purchased are to be deposited in the Book-Book Entry System or the Depository. The Custodian shall receive all Securities purchased by or for the Trust and upon receipt of such Securities shall pay out of the moneys held for the account of the Trust the total amount payable upon such purchase, provided that the same conforms to the total amount payable as set forth in such Written or Oral InstructionsInstruction.