Common use of Repurchase of Shares by the Fund Clause in Contracts

Repurchase of Shares by the Fund. (a) Any of the outstanding shares may be tendered for repurchase pursuant to a tender offer made by the Fund, and the Fund agrees to repurchase the shares so tendered in accordance with the requirements of the Securities Exchange Act of 1934, as amended, and the rules thereunder and the applicable tender offer provisions set forth in the prospectus of the Fund. The price to be paid to repurchase the shares shall be equal to the net asset value calculated in accordance with the provisions of Section 3(d) hereof, less the Early Withdrawal Charge (as defined in the Prospectus of the Fund), if any, set forth in the Prospectus of the Fund. All payments by the Fund hereunder shall be made in the manner set forth below.

Repurchase of Shares by the Fund. (a) Any of the outstanding shares may be tendered for repurchase pursuant to a tender offer made by the Fund, and the Fund agrees to repurchase the shares so tendered in accordance with the requirements of the Securities Exchange Act of 1934, as amended, and the rules thereunder and the applicable tender offer provisions set forth in the prospectus Prospectus of the Fund. The price to be paid to repurchase the shares shall be equal to the net asset value calculated in accordance with the provisions of Section 3(d3(c) hereof, less the Early Withdrawal Charge (as defined in the Prospectus of the Fund), if any, set forth in the Prospectus of the Fund. All payments by the Fund hereunder shall be made in the manner set forth below.