Common use of REPURCHASE OR REDEMPTION OF SHARES BY THE TRUST Clause in Contracts

REPURCHASE OR REDEMPTION OF SHARES BY THE TRUST. (a) Any of the outstanding Shares of the Funds may be tendered for redemption at any time, and the Funds agree to redeem or repurchase the Shares so tendered in accordance with its obligations as set forth in the Organic Documents and the Prospectus relating to the Shares. (b) The Funds or its designated agent shall pay: (i) the total amount of the redemption price consisting of the NAV less any applicable redemption fee to the redeeming shareholder or its agent, and (a) Redemption of Shares or payment therefore may be suspended at times when the New York Stock Exchange is closed for any reason other than its customary weekend or holiday closings, when trading thereon is restricted, when an emergency exists as a result of which disposal by the Funds of securities owned by the Funds is not reasonably practicable or it is not reasonably practicable for the Funds fairly to determine the value of the Funds’ net assets, or during any other period when the SEC so requires or permits.

REPURCHASE OR REDEMPTION OF SHARES BY THE TRUST. (a) Any of the outstanding Shares of the Funds may be tendered for redemption at any time, and the Funds agree to redeem or repurchase the Shares so tendered in accordance with its obligations as set forth in the Organic Documents and the Prospectus relating to the Shares. (b) The Funds or its designated agent shall pay: (i) the total amount of the redemption price consisting of the NAV less any applicable redemption fee to the redeeming shareholder or its agent, and (ac) Redemption of Shares or payment therefore may be suspended at times when the New York Stock Exchange is closed for any reason other than its customary weekend or holiday closings, when trading thereon is restricted, when an emergency exists as a result of which disposal by the Funds of securities owned by the Funds is not reasonably practicable or it is not reasonably practicable for the Funds fairly to determine the value of the Funds’ net assets, or during any other period when the SEC so requires or permits.

REPURCHASE OR REDEMPTION OF SHARES BY THE TRUST. (a) Any of the outstanding Shares of the Funds Fund may be tendered for redemption at any time, and the Funds Fund agree to redeem or repurchase the Shares so tendered in accordance with its obligations as set forth in the Organic Documents and the Prospectus relating to the Shares. (b) The Funds Fund or its designated agent shall pay: (i) the total amount of the redemption price consisting of the NAV less any applicable redemption fee to the redeeming shareholder or its agent, and (ac) Redemption of Shares or payment therefore may be suspended at times when the New York Stock Exchange is closed for any reason other than its customary weekend or holiday closings, when trading thereon is restricted, when an emergency exists as a result of which disposal by the Funds Fund of securities owned by the Funds Fund is not reasonably practicable or it is not reasonably practicable for the Funds Fund fairly to determine the value of the FundsFund’ s net assets, or during any other period when the SEC so requires or permits.

REPURCHASE OR REDEMPTION OF SHARES BY THE TRUST. (a) Any of the outstanding Shares of the Funds may be tendered for redemption at any time, and the Funds agree to redeem or repurchase the Shares so tendered in accordance with its obligations as set forth in the Organic Documents and the Prospectus relating to the Shares. (b) The Funds or its designated agent shall pay: (i) pay the total amount of the redemption price consisting of the NAV less any applicable redemption fee to the redeeming shareholder or its agent, and. (ac) Redemption of Shares or payment therefore may be suspended at times when the New York Stock Exchange is closed for any reason other than its customary weekend or holiday closings, when trading thereon is restricted, when an emergency exists as a result of which disposal by the Funds of securities owned by the Funds is not reasonably practicable or it is not reasonably practicable for the Funds fairly to determine the value of the Funds’ net assets, or during any other period when the SEC so requires or permits.

REPURCHASE OR REDEMPTION OF SHARES BY THE TRUST. (a) Any of the outstanding Shares of the Funds Fund may be tendered for redemption at any time, and the Funds Fund agree s to redeem or repurchase the Shares so tendered in accordance with its obligations as set forth in the Organic Documents and the Prospectus relating to the Shares. (b) The Funds Fund or its designated agent shall pay: (i) the total amount of the redemption price consisting of the NAV less any applicable redemption fee to the redeeming shareholder or its agent, and (ac) Redemption of Shares or payment therefore may be suspended at times when the New York Stock Exchange is closed for any reason other than its customary weekend or holiday closings, when trading thereon is restricted, when an emergency exists as a result of which disposal by the Funds Fund of securities owned by the Funds Fund is not reasonably practicable or it is not reasonably practicable for the Funds Fund fairly to determine the value of the FundsFund’ s net assets, or during any other period when the SEC so requires or permits.