Redemption of Shares. The Distributor, as agent of and for the account of the Fund, may redeem Shares of the Fund offered for resale to it at the net asset value of such Shares (determined as provided in the Articles of Incorporation or Bylaws) and not in excess of such maximum amounts as may be fixed from time to time by an officer of the Fund. Whenever the officers of the Fund deem it advisable for the protection of the shareholders of the Fund, they may suspend or cancel such authority.
Appears in 33 contracts
Samples: Distribution Agreement (Security Income Fund /Ks/), Distribution Agreement (Security Income Fund /Ks/), Distribution Agreement (Security Mid Cap Growth Fund)
Redemption of Shares. The Distributor, as agent of and for the account of the FundTrust, may redeem Shares of the Fund Trust offered for resale to it at the net asset value of such Shares (determined as provided in the Articles Declaration of Incorporation Trust or BylawsBy-laws) and not in excess of such maximum amounts as may be fixed from time to time by an officer of the FundTrust. Whenever the officers of the Fund Trust deem it advisable for the protection of the shareholders of the FundTrust, they may suspend or cancel such authority.
Appears in 2 contracts
Samples: Distribution Agreement (Transparent Value Trust), Distribution Agreement (Security Equity Fund)
Redemption of Shares. The Distributor, as agent of and for the account of the FundTrust, may redeem Shares of the Fund Trust offered for resale to it at the net asset value of such Shares (determined as provided in the Articles of Incorporation or Bylaws) and not in excess of such maximum amounts as may be fixed from time to time by an officer of the FundTrust. Whenever the officers of the Fund Trust deem it advisable for the protection of the shareholders of the FundTrust, they may suspend or cancel such authority.
Appears in 1 contract
Samples: Distribution Agreement (Guggenheim Strategy Funds Trust)
