Common use of Redemption Proceeds Clause in Contracts

Redemption Proceeds. The proceeds of redemption shall be remitted by FFC in accordance with the Prospectus as follows: (a) By check mailed to the Shareholder at the Shareholder's address of record. The redemption request and Share Certificates, if any, for Shares being redeemed must reflect a guarantee of the owner's signature as described in Section 22; or (b) By other procedures commonly followed by mutual funds, as set forth in the Prospectus and in a Written Instruction from the Fund and mutually agreed upon by the Fund and FFC. For purposes of redemption of shares of any Class of any Series that have been purchased by check within fifteen (15) days prior to receipt of the redemption request, the Fund shall provide FFC with Written Instructions concerning the time within which such requests may be honored. The authority of FFC to perform its responsibilities under Sections 12 and 13 shall be suspended if FFC receives notice of the suspension of the determination of the Fund's net asset value.

Redemption Proceeds. The proceeds of redemption shall be remitted by FFC in accordance with the Prospectus as follows: (a) By check mailed to the Shareholder at the Shareholder's address of record. The redemption request and Share Certificates, if any, for Shares being redeemed must reflect a guarantee of the owner's signature as described in Section 2223; or (b) By other procedures commonly followed by mutual funds, as set forth in the Prospectus and in a Written Instruction from the Fund Trust and mutually agreed upon by the Fund Trust and FFC. For purposes of redemption of shares of any Class of any Series that have been purchased by check within fifteen (15) days prior to receipt of the redemption request, the Fund Trust shall provide FFC with Written Instructions concerning the time within which such requests may be honored. The authority of FFC to perform its responsibilities under Sections 12 and 13 shall be suspended if FFC receives notice of the suspension of the determination of the Fund's net asset valuevalue of any series of the Trust.

Redemption Proceeds. The proceeds of redemption shall be remitted by FFC FSS in accordance with the Prospectus as follows: (a) By check mailed to the Shareholder at the Shareholder's address of record. The redemption request and Share Certificates, if any, for Shares being redeemed must reflect a guarantee of the owner's signature as described in Section 2223; or (b) By other procedures commonly followed by mutual funds, as set forth in the Prospectus and in a Written Instruction from the Fund Trust and mutually agreed upon by the Fund Trust and FFCFSS. For purposes of redemption of shares of any Class of any Series that have been purchased by check within fifteen (15) days prior to receipt of the redemption request, the Fund Trust shall provide FFC FSS with Written Instructions concerning the time within which such requests may be honored. The authority of FFC FSS to perform its responsibilities under Sections 12 and 13 shall be suspended if FFC FSS receives notice of the suspension of the determination of the Fund's net asset valuevalue of any series of the Trust.

Redemption Proceeds. The proceeds of redemption shall be remitted by FFC in accordance with the Prospectus as follows: (a) By check mailed to the Shareholder at the Shareholder's address of record. The redemption request and Share Certificates, if any, for Shares being redeemed must reflect a guarantee of the owner's signature as described in Section 2224; or (b) By other procedures commonly followed by mutual funds, as set forth in the Prospectus and in a Written Instruction from the Fund Corporation and mutually agreed upon by the Fund Corporation and FFC. For purposes of redemption of shares of any Class of any Series that have been purchased by check within fifteen (15) days prior to receipt of the redemption request, the Fund Corporation shall provide FFC with Written Instructions concerning the time within which such requests may be honored. The authority of FFC to perform its responsibilities under Sections 12 and 13 shall be suspended if FFC receives notice of the suspension of the determination of the Fund's net asset valuevalue of any series of the Corporation.