Common use of Purchase of Shares from the Fund Clause in Contracts

Purchase of Shares from the Fund. (a) Prior to the continuous offering of the Shares of a Fund, commencing on a date agreed upon by that Fund and the Distributor, the Distributor may solicit subscriptions for Shares during a subscription period that shall last for such period as may be agreed upon by the parties hereto. Subscriptions will be payable within three business days after the termination of the relevant subscription period, at which time the Shares will be issued against payment and such Fund will commence operations.

Purchase of Shares from the Fund. (a) Prior to the continuous offering of the Shares of a Fundshares, commencing on a date agreed upon to by that the Fund and the Distributor, it is contemplated that the Distributor may will solicit subscriptions for Shares shares during a subscription period that which shall last for such period as may be agreed upon by the parties hereto. Subscriptions The subscriptions will be payable within three on the fifth business days day after the termination of the relevant subscription period, at which time the Shares will be issued against payment and such Fund will commence operations.

Purchase of Shares from the Fund. (a) Prior to the continuous offering of the Shares of a the Fund, commencing on a date agreed upon by that the Fund and the Distributor, the Distributor may solicit subscriptions for Shares during a subscription period that shall last for such period as may be agreed upon by the parties hereto. Subscriptions will be payable within three business days after the termination of the relevant subscription period, at which time the Shares will be issued against payment and such Fund will commence operations.

Purchase of Shares from the Fund. (a) Prior to the continuous offering of the Shares of a Fundshares, commencing on a date agreed upon by that the Fund and the Distributor, it is contemplated that the Distributor may will solicit subscriptions for Shares shares during a subscription period that which shall last for such period as may be agreed upon by the parties hereto. Subscriptions The subscriptions will be payable within three six business days after the termination of the relevant subscription period, at which time the Shares will be issued against payment and such Fund will commence operations.

Purchase of Shares from the Fund. (a) Prior to the continuous offering of the Shares of a Fundshares, commencing on a date agreed upon by that the Fund and the Distributor, it is contemplated that the Distributor may will solicit subscriptions for Shares shares during a subscription period that which shall last for such period as may be agreed upon by the parties hereto. Subscriptions The subscriptions will be payable within three six business days after the termination of the relevant subscription period, at which time the Shares will be issued against payment and such Fund will commence operations.