Common use of Redemption or Repurchase Within Seven Days Clause in Contracts

Redemption or Repurchase Within Seven Days. If Shares are tendered to us for redemption or repurchase by us within seven business days after your acceptance of the original purchase order for such Shares, you will immediately refund to us the full sales commission (net of allowances to dealers or brokers) allowed to you on the original sale, and will promptly, upon receipt thereof, pay to us any refunds from dealers or brokers of the balance of sales commissions reallowed by you. We shall notify you of such tender for redemption within 10 days of the day on which notice of such tender for redemption is received by us.

Appears in 187 contracts

Samples: Templeton Income Trust (Templeton Income Trust), Developing Markets Trust (Templeton Developing Markets Trust), Securities Trust (Franklin Investors Securities Trust)

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Redemption or Repurchase Within Seven Days. If Shares shares are tendered to us for redemption or repurchase are repurchased by us within seven (7) business days after your acceptance of the original purchase order for such Sharesshares, you will immediately refund to us the full amount of any sales commission (net of allowances to dealers or brokers) allowed to you on the original sale, and will promptly, upon receipt thereof, pay to us any refunds from dealers or brokers of the balance of sales commissions reallowed by you. We shall notify you of such tender for redemption within 10 ten (10) days of the day on which notice of such tender for redemption is received by us.

Appears in 56 contracts

Samples: Underwriting Agreement (Voya SERIES FUND INC), Underwriting Agreement (Voya FUNDS TRUST), Underwriting Agreement (Voya EQUITY TRUST)

Redemption or Repurchase Within Seven Days. If Shares are tendered to us for redemption or repurchase by us within seven business days after your acceptance of the original purchase order for such Shares, you will immediately refund to us the full sales commission (net of allowances to dealers or brokers, if any) allowed to you on the original sale, and will promptly, upon receipt thereof, pay to us any refunds from dealers or brokers of the balance of sales commissions reallowed by you. We shall notify you of such tender for redemption within 10 days of the day on which notice of such tender for redemption is received by us.

Appears in 2 contracts

Samples: Franklin Valuemark (Franklin Valuemark Funds), Franklin Valuemark Funds

Redemption or Repurchase Within Seven Days. If Shares are tendered to us a Company for redemption or repurchase are repurchased by us a Company within seven (7) business days after your acceptance of the original purchase order for such Shares, you will immediately refund to us the Company the full amount of any sales commission (net of allowances to dealers or brokers) allowed to you on the original sale, and will promptly, upon receipt thereof, pay to us the Company any refunds from dealers or brokers of the balance of sales commissions reallowed by you. We A Company shall notify you of such tender for redemption within 10 ten (10) days of the day on which notice of such tender for redemption is received by usthe Company.

Appears in 2 contracts

Samples: Principal Underwriting Agreement (Hartford Mutual Funds Inc/Ct), Principal Underwriting Agreement (Hartford Mutual Funds Inc/Ct)

Redemption or Repurchase Within Seven Days. If Shares are tendered to ------------------------------------------- us for redemption or repurchase by us within seven business days after your acceptance of the original purchase order for such Shares, you will immediately refund to us the full sales commission (net of allowances to dealers or brokers) allowed to you on the original sale, and will promptly, upon receipt thereof, pay to us any refunds from dealers or brokers of the balance of sales commissions reallowed by you. We shall notify you of such tender for redemption within 10 days of the day on which notice of such tender for redemption is received by us.

Appears in 2 contracts

Samples: Franklin Gold & Precious Metals Fund, Franklin Managed Trust

Redemption or Repurchase Within Seven Days. If Shares are tendered to us for redemption or repurchase by us within seven business days after your acceptance of the original purchase order for such Shares, you will immediately refund to us the full sales commission (net of allowances to dealers or brokers) allowed to you on the original sale, and will promptly, upon receipt thereof, pay to us any refunds from dealers or brokers of the balance of sales commissions reallowed by you. We shall notify you of such tender for redemption within 10 days of the day on which notice of such tender for redemption is received by us.by

Appears in 2 contracts

Samples: Franklin Tax Advantaged High Yield Securities Fund, Franklin Tax Advantaged International Bond Fund

Redemption or Repurchase Within Seven Days. If Shares Share are tendered to us for redemption or repurchase by us within seven business days after your acceptance of the original purchase order for such Shares, you will immediately refund to us the full sales commission (net of allowances to dealers or brokers) allowed to you on the original sale, and will promptly, upon receipt thereof, pay to us any refunds from dealers or brokers of the balance of sales commissions reallowed by you. We shall notify you of such tender for redemption within 10 days of the day on which notice of such tender for redemption is received by us.

Appears in 2 contracts

Samples: Templeton Funds Inc, Templeton Institutional Funds Inc

Redemption or Repurchase Within Seven Days. If Shares are tendered to us for redemption or repurchase by us within seven business days after your acceptance of the original purchase order for such Shares, you will immediately refund to us the full sales commission (net of allowances to dealers or brokers) allowed to you on the original sale, and will promptly, upon receipt thereof, pay to us any refunds from dealers or brokers of the balance of sales commissions reallowed by you. We shall notify you of such tender for redemption within 10 days of the day on which notice of such tender for redemption is received by us. . to be exclusive, and you may render similar services and act as an underwriter, distributor or dealer for other investment companies in the offering of their shares.

Appears in 1 contract

Samples: Templeton Global Investment Trust

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Redemption or Repurchase Within Seven Days. If Shares are tendered to us for redemption or repurchase are repurchased by us within seven (7) business days after your acceptance of the original purchase order for such Sharesshares, you will immediately refund to us the full amount of any sales commission (net of allowances to dealers or brokersregistered representatives) allowed to you on the original sale, and will promptly, upon receipt thereof, pay pay-to us any refunds from dealers or brokers registered representatives of the balance of sales commissions reallowed by you. We shall notify you of such tender for redemption within 10 ten (10) days of the day on which notice of such tender for redemption is received by us.

Appears in 1 contract

Samples: Mason Street Funds Inc

Redemption or Repurchase Within Seven Days. If Shares are tendered to us for redemption or repurchase are repurchased by us within seven (7) business days after your acceptance of the original purchase order for such Sharesshares, you will immediately refund to us the full amount of any sales commission (net of allowances to dealers or brokersregistered representatives) allowed to you on the original sale, and will promptly, upon receipt thereof, pay to us any refunds from dealers or brokers registered representatives of the balance of sales commissions reallowed by you. We shall notify you of such tender for redemption within 10 ten (10) days of the day on which notice of such tender for redemption is received by us.

Appears in 1 contract

Samples: Mason Street Funds Inc

Redemption or Repurchase Within Seven Days. If Shares are tendered tnedered to ------------------------------------------- us for redemption or repurchase by us within seven business days after your acceptance of the original purchase order for such Shares, you will immediately refund to us the full sales commission (net of allowances to dealers or brokers) allowed to you on the original sale, and will promptly, upon receipt thereof, pay to us any refunds from dealers or brokers of the balance of sales commissions reallowed by you. We shall notify you of such tender for redemption within 10 days of the day on which notice of such tender for redemption is received by us.

Appears in 1 contract

Samples: Franklin New York Tax Free Trust

Redemption or Repurchase Within Seven Days. If Shares are tendered to us for redemption or repurchase are repurchased by us within seven (7) business days after your acceptance of the original purchase order for such Sharesshares, you will immediately refund to us the full amount of any sales commission (net of allowances to dealers or brokers) allowed to you on the original sale, and will promptly, upon receipt thereof, pay to us any refunds from dealers or brokers of the balance of sales commissions reallowed by you. We shall notify you of such tender for redemption within 10 ten (10) days of the day on which notice of such tender for redemption is received by us.

Appears in 1 contract

Samples: Principal Underwriting Agreement (Fortis Equity Portfolios Inc)

Redemption or Repurchase Within Seven Days. If Shares shares are tendered to us for redemption or repurchase are repurchased by us within seven (7) business days after your acceptance of the original purchase order for such Sharesshares, you will immediately refund to us the full amount of any sales commission (net of allowances to dealers or brokers) allowed to you on the original sale, and will promptly, upon receipt thereof, pay to us any refunds from dealers or brokers of the balance of sales commissions reallowed by you. We shall notify you of such tender for redemption within 10 ten (10) days of the day on which notice of such tender for redemption is received by us. 13.

Appears in 1 contract

Samples: Pilgrim Bank & Thrift Fund Inc

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