Common use of Redemptions, Cancellations and Repurchases Clause in Contracts

Redemptions, Cancellations and Repurchases. (a) From time to time, the Trust may redeem, cancel or repurchase its Shares, all upon such terms and conditions as may be determined by the Trustees and subject to any applicable provisions of the 1940 Act or any exemption therefrom. The Trust may require Shareholders to pay a withdrawal charge, a sales charge, or any other form of charge to the Trust, to the underwriter or to any other person designated by the Trustees upon redemption or repurchase of Shares, other than by means of a redemption, cancellation or repurchase pursuant to Sections 6.2(b), 6.2(c) and 6.2(d), respectively, in such amount as shall be determined from time to time by the Trustees. The Trust may also charge a redemption or repurchase fee, payable to the Trust, other than by means of a redemption, cancellation or repurchase pursuant to Sections 6.2(b), 6.2(c) and 6.2(d), respectively, in such amount as may be determined from time to time by the Trustees. The Trustees may from time to time specify conditions, not inconsistent with the 1940 Act or any exemption therefrom, regarding the redemption or repurchase of Shares of the Trust. Payment for Shares redeemed or repurchased shall be made in cash or in property out of the assets of the Trust, or if applicable, the relevant Class or Series to the Shareholder of record at such time and in the manner, not inconsistent with the 1940 Act or other applicable laws.

Redemptions, Cancellations and Repurchases. (a) From time to time, the Trust may redeem, cancel or repurchase (for any or no value) its Shares, all upon such terms and conditions as may be determined by the Trustees and subject to any applicable provisions of the 1940 Act or any exemption therefrom. The Trust may require Shareholders to pay a withdrawal charge, a sales charge, or any other form of charge to the Trust, to the underwriter or to any other person designated by the Trustees upon redemption or repurchase of Shares, other than by means of a redemption, cancellation or repurchase redemption pursuant to Sections Section 6.2(b), 6.2(c) and 6.2(d), respectively, in such amount as shall be determined from time to time by the Trustees. The Trust may also charge a redemption or repurchase fee, payable to the Trust, other than by means of a redemption, cancellation or repurchase redemption pursuant to Sections Section 6.2(b), 6.2(c) and 6.2(d), respectively, in such amount as may be determined from time to time by the Trustees. The Trustees may from time to time specify conditions, not inconsistent with the 1940 Act or any exemption therefrom, regarding the redemption or repurchase of Shares of the Trust. Payment for Shares redeemed or repurchased (other than Shares redeemed or repurchased for no value) shall be made in cash or in property out of the assets of the Trust, or if applicable, the relevant Class or Series to the Shareholder of record at such time and in the manner, not inconsistent with the 1940 Act or other applicable laws.

Redemptions, Cancellations and Repurchases. (a) From time to time, the Trust may redeem, cancel or repurchase its Shares, all upon such terms and conditions as may be determined by the Trustees and subject to any applicable provisions of the 1940 Act or any exemption therefrom. The Trust may require Shareholders to pay a withdrawal charge, a sales charge, or any other form of charge to the Trust, to the underwriter or to any other person designated by the Trustees upon redemption or repurchase of Shares, other than by means of a redemption, cancellation or repurchase pursuant to Sections 6.2(b6.3(b), 6.2(c6.3(c) and 6.2(d6.3(d), respectively, in such amount as shall be determined from time to time by the Trustees. The Trust may also charge a redemption or repurchase fee, payable to the Trust, other than by means of a redemption, cancellation or repurchase pursuant to Sections 6.2(b6.3(b), 6.2(c6.3(c) and 6.2(d6.3(d), respectively, in such amount as may be determined from time to time by the Trustees. The Trustees may from time to time specify conditions, not inconsistent with the 1940 Act or any exemption therefrom, regarding the redemption or repurchase of Shares of the Trust. Payment for Shares redeemed or repurchased shall be made in cash or in property out of the assets of the Trust, or if applicable, the relevant Class or Series to the Shareholder of record at such time and in the manner, not inconsistent with the 1940 Act or other applicable laws.