Repurchase and Redemption of Shares. (a) Any of the outstanding Shares of a Fund or Class thereof may be tendered for redemption at any time, and the Client agrees to redeem or repurchase the Shares so tendered in accordance with their obligations as set forth in the Organic Documents and the Prospectus relating to the Shares. The price to be paid to redeem or repurchase the Shares of a Fund or Class thereof shall be equal to the net asset value calculated in accordance with the provisions of Section 2.1(b) hereof less any redemption fees or other applicable fees or expenses as set forth in the then-current Prospectus.
Repurchase and Redemption of Shares. (a) The Fund appoints and designates the Underwriter as agent of the Fund, and the Underwriter accepts such appointments as such agent, to redeem or repurchase for retirement the Shares in accordance with the provisions of the Articles of Incorporation and By-Laws of the Fund.
Repurchase and Redemption of Shares. Unless otherwise required by the 1940 Act, from time to time the Trust may redeem 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. 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 in such amount as shall be determined from time to time by the Trustees. The Trust may also charge a redemption or repurchase fee in such amount as may be determined from time to time by the Trustees.
Repurchase and Redemption of Shares. (a) Resolute will act as agent for a Fund in connection with the repurchase and redemption of Shares by the Fund upon the terms and conditions set forth in the Prospectus and applicable repurchase offer or as the Fund acting through its Board may otherwise direct. If a fee in connection with any repurchase offer is in effect, such fee will be paid to the Fund. Resolute may employ such sub-agents, including one or more participating brokers or introducing brokers or other financial intermediaries, for such purposes as Resolute, in its discretion, shall deem to be advisable or desirable. The Fund has adopted certain fundamental policies to operate as an “interval fund” pursuant to Rule 23c-3 under the 1940 Act; Resolute will act as agent for the Fund and take such actions and steps as are reasonably necessary to ensure that the Fund makes and conducts periodic repurchase offers in accordance with Rule 23c-3 and related policies adopted by the Fund. The Fund will take such steps as are commercially reasonable to track on a share-by-share basis the aging of its Shares for purposes of calculating any contingent deferred sales charges and/or redemption fees that may be in effect pursuant to the Prospectus.
Repurchase and Redemption of Shares. SRS will act as agent for each Trust in connection with the repurchase and redemption of Shares of its corresponding Fund upon the terms and conditions set forth in such Fund’s then current prospectus and SAI relating to such Shares.
Repurchase and Redemption of Shares. Subject to Schedule E, BNYM shall process instructions to repurchase, redeem or transfer Shares in accordance with the following:
