Common use of Repurchase and Redemption of Shares Clause in Contracts

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.

Appears in 10 contracts

Samples: Underwriting Agreement (First Investors New York Insured Tax Free Fund Inc), Underwriting Agreement (First Investors Cash Management Fund Inc), Underwriting Agreement (First Investors Tax Exempt Money Market Fund Inc)

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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 Declaration of Incorporation Trust and By-Laws of the Fund.

Appears in 5 contracts

Samples: Underwriting Agreement (First Investors Tax Exempt Funds), Underwriting Agreement (First Investors Income Funds), Underwriting Agreement (First Investors Equity Funds)

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Repurchase and Redemption of Shares. (a) The Fund appoints and designates the Underwriter as agent of the Fund, and the Underwriter accepts such appointments appointment 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.

Appears in 1 contract

Samples: Underwriting Agreement (First Investors Series Fund Ii Inc)

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