Common use of Redemption of Shares by the Company Clause in Contracts

Redemption of Shares by the Company. A. Any of the outstanding shares of each Portfolio may be tendered for redemption at any time, and the Company agrees to redeem any such shares so tendered in accordance with the applicable provisions of the prospectus and the Company’s Articles of Incorporation and By-Laws. The redemption price is the net asset value per share next determined after the initial receipt of proper request for redemption. B. The right to redeem shares or to receive payment with respect to any redemption may be suspended only in accordance with applicable law.

Appears in 5 contracts

Samples: Distribution Agreement (Voya VARIABLE PORTFOLIOS INC), Distribution Agreement (Voya STRATEGIC ALLOCATION PORTFOLIOS INC), Distribution Agreement (Voya VARIABLE PORTFOLIOS INC)

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Redemption of Shares by the Company. A. Any of the outstanding shares Shares of each Portfolio may be tendered for redemption at any time, and the Company agrees to redeem any such shares Shares so tendered in accordance with the applicable provisions of the prospectus applicable Offering Documents and the Company’s 's Articles of Incorporation and By-Laws. The redemption price is the net asset value per share next determined after the initial receipt of proper request for redemption. B. The right to redeem shares Shares or to receive payment with respect to any redemption may be suspended only in accordance with applicable law.

Appears in 2 contracts

Samples: Placement Agent Agreement (Voya VARIABLE PORTFOLIOS INC), Placement Agent Agreement (Voya VARIABLE PORTFOLIOS INC)

Redemption of Shares by the Company. A. Any of the outstanding shares of each Portfolio may be tendered for redemption at any time, and the Company agrees to redeem any such shares so tendered in accordance with the applicable provisions of the prospectus and the Company’s 's Articles of Incorporation and By-Laws. The redemption price is the net asset value per share next determined after the initial receipt of proper request for redemption. B. The right to redeem shares or to receive payment with respect to any redemption may be suspended only in accordance with applicable law.

Appears in 2 contracts

Samples: Distribution Agreement (Aetna Variable Portfolios Inc), Distribution Agreement (Aetna Generation Portfolios Inc)

Redemption of Shares by the Company. A. Any of the outstanding shares of each Portfolio the Company may be tendered for redemption at any time, and the Company agrees to redeem any such shares so tendered in accordance with the applicable provisions of the prospectus and the Company’s Articles of Incorporation and By-By- Laws. The redemption price is the net asset value per share next determined after the initial receipt of proper request for redemption. B. The right to redeem shares or to receive payment with respect to any redemption may be suspended only in accordance with applicable law.

Appears in 1 contract

Samples: Distribution Agreement (Ing Balanced Portfolio Inc)

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Redemption of Shares by the Company. A. Any of the outstanding shares of each Portfolio the Company may be tendered for redemption at any time, and the Company agrees to redeem any such shares so tendered in accordance with the applicable provisions of the prospectus and the Company’s 's Articles of Incorporation and By-Laws. The redemption price is the net asset value per share next determined after the initial receipt of proper request for redemption. B. The right to redeem shares or to receive payment with respect to any redemption may be suspended only in accordance with applicable law.

Appears in 1 contract

Samples: Distribution Agreement (Aetna Investment Advisers Fund Inc)

Redemption of Shares by the Company. A. Any of the outstanding shares of each Portfolio the Company may be tendered for redemption at any time, and the Company agrees to redeem any such shares so tendered in accordance with the applicable provisions of the prospectus and the Company’s Articles of Incorporation and By-Laws. The redemption price is the net asset value per share next determined after the initial receipt of proper request for redemption. B. The right to redeem shares or to receive payment with respect to any redemption may be suspended only in accordance with applicable law.

Appears in 1 contract

Samples: Distribution Agreement (Voya BALANCED PORTFOLIO INC)

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