Common use of Repurchase or Redemption of Class I Shares by the Corporation Clause in Contracts

Repurchase or Redemption of Class I Shares by the Corporation. a. Any of the outstanding Class I Shares may be tendered for redemption at any time, and the Fund agrees to repurchase or redeem the Class I Shares so tendered in accordance with its obligations as set forth in Article VI of the Corporation's Articles of Incorporation, as amended from time to time, and in accordance with the applicable provisions set forth in the prospectus and statement of additional information relating to the Fund. The price to be paid to redeem or repurchase the Class I Shares shall be equal to the net asset value calculated in accordance with the provisions of Section 3(e) hereof, less any contingent deferred sales charge ("CDSC"), redemption fee or other charge(s), if any, set forth in the prospectus and statement of additional information relating to the Fund. All payments by the Fund hereunder shall be made in the manner set forth below. The redemption or repurchase by the Fund of any of the Class I Shares purchased by or through the Distributor will not affect the sales charge secured by the Distributor or any selected dealer in the course of the original sale, except that if any Class I Shares are tendered for redemption or repurchase within seven business days after the date of the confirmation of the original purchase, the right to the sales charge shall be forfeited by the Distributor and the selected dealer that sold such Class I Shares.

Repurchase or Redemption of Class I Shares by the Corporation. a. Any of the outstanding Class I Shares of a Fund may be tendered for redemption at any time, and the each Fund agrees to repurchase or redeem the its Class I Shares so tendered in accordance with its obligations as set forth in Article VI of the Corporation's Articles of Incorporation, as amended from time to time, and in accordance with the applicable provisions set forth in the prospectus and statement of additional information relating to the Fundinformation. The price to be paid to redeem or repurchase the Class I Shares of a Fund shall be equal to the net asset value calculated in accordance with the provisions of Section 3(e) hereof, less any contingent deferred sales charge ("CDSC"), redemption fee or other charge(s), if any, set forth in the prospectus and statement of additional information relating to the Fundinformation. All payments by the a Fund hereunder shall be made in the manner set forth below. The redemption or repurchase by the any Fund of any of the its Class I Shares purchased by or through the Distributor will not affect the sales charge secured by the Distributor or any selected dealer in the course of the original sale, except that if any Class I Shares of such Fund are tendered for redemption or repurchase within seven business days after the date of the confirmation of the original purchase, the right to the sales charge shall be forfeited by the Distributor and the selected dealer that sold such Class I Shares.

Repurchase or Redemption of Class I Shares by the Corporation. a. Any of the outstanding Class I Shares of a Fund may be tendered for redemption at any time, and the each Fund agrees to repurchase or redeem the its Class I Shares so tendered in accordance with its obligations as set forth in Article VI of the Corporation's Articles of Incorporation, as amended from time to time, and in accordance with the applicable provisions set forth in the prospectus and statement of additional information relating to the Fundinformation. The price to be paid to redeem or repurchase the Class I Shares of a Fund shall be equal to the net asset value calculated in accordance with the provisions of Section 3(e) hereof, less any contingent deferred sales charge ("CDSC"), redemption fee or other charge(s), if any, set forth in the prospectus and statement of additional information relating to the Fundinformation. All payments by the a Fund hereunder shall be made in the manner set forth below. The redemption or repurchase by the any Fund of any of the its Class I Shares purchased by or through the Distributor will not affect the sales charge secured by the Distributor or any selected dealer in the course of the original sale, except that if any Class I Shares of such Fund are tendered for redemption or repurchase within seven business days after the date of the confirmation of the original purchase, the right to the sales charge shall be forfeited by the Distributor and the selected dealer that sold such Class I Shares.. Each Fund shall pay the total amount of the redemption price as defined in the above paragraph pursuant to the instructions of the Distributor in New York Clearing House funds on or before the seventh business day subsequent to its having received the notice of redemption in proper form. The proceeds of any redemption of a Fund's Class I Shares shall be paid by such