Common use of Rights and Issuance of Subscription Certificates Clause in Contracts

Rights and Issuance of Subscription Certificates. (a) Each Subscription Certificate shall evidence the Rights of the Shareholder therein named to purchase Shares upon the terms and conditions therein and herein set forth. (b) Upon the written advice of the Fund, signed by any of its duly authorized officers, as to the Record Date, the Agent shall, from a list of the Fund Shareholders as of the Record Date to be prepared by the Agent in its capacity as Transfer Agent of the Fund, prepare and record Subscription Certificates in the names of the Shareholders, setting forth the number of Rights to subscribe for the Fund's Shares calculated on the basis of one Right for five shares of Shares recorded on the books in the name of each such Shareholder as of the Record Date. The number of Rights that are issued to Record Date Shareholders will be rounded down, by the Agent, to the nearest number of Full Rights as Fractional Rights will not be issued. Each Subscription Certificate shall be dated as of the Record Date and shall be executed manually or by facsimile signature of a duly authorized officer of the Subscription Agent. Upon the written advice, signed as aforesaid, as to the effective date of the Registration Statement, the Agent shall promptly countersign and deliver the Subscription Certificates, together with a copy of the Prospectus, instruction letter and any other document as the Fund deems necessary or appropriate, to all Shareholders with record addresses in the United States (including its territories and possessions and the District of Columbia). Delivery shall be by first class mail (without registration or insurance), except for those Shareholders having a registered address outside the United States (who will only receive copies of the Prospectus, instruction letter and other documents as the Fund deems necessary or appropriate, if any), delivery shall be by air mail (without registration or insurance) and by first class mail (without registration or insurance) to those Shareholders having APO or FPO addresses. No Subscription Certificate shall be valid for any purpose unless so executed. (c) The Agent will mail a copy of the Prospectus, instruction letter, a special notice and other documents as the Fund deems necessary or appropriate, if any, but not Subscription Certificates to Record Date Shareholders whose record addresses are outside the United States (including its territories and possessions and the District of Columbia ) ("Foreign Record Date Shareholders"). The Rights to which such Subscription Certificates relate will be held by the Agent for such Foreign Record Date Shareholders' accounts until instructions are received to exercise the Rights.

Rights and Issuance of Subscription Certificates. (a) Each Subscription Certificate shall evidence the Rights of the Shareholder therein named to purchase Shares Common Stock upon the terms and conditions therein and herein set forth. (b) Upon the written advice of the Fund, signed by any of its duly authorized officers, as to the Record Date, the Agent shall, from a list of the Fund Shareholders as of the Record Date to be prepared by the Agent in its capacity as Transfer Agent of the Fund, prepare and record Subscription Certificates in the names of the Shareholders, setting forth the number of Rights to subscribe for the Fund's Shares Common Stock calculated on the basis of one Right for five shares each share of Shares Common Stock recorded on the books in the name of each such Shareholder as of the Record Date. The number of Rights that are issued to Record Date Shareholders will be rounded down, down by the Agent, to the nearest number of Full Rights as Fractional Rights will not be issued. Each Subscription Certificate shall be dated as of the Record Date and shall be executed manually or by facsimile signature of a duly authorized officer of the Subscription Agent. Upon the written advice, signed as aforesaid, as to the effective date of the Registration Statement, the Agent shall promptly countersign and deliver the Subscription Certificates, together with a copy of the Prospectus, instruction letter and any other document as the Fund deems necessary or appropriate, to all Shareholders with record addresses in the United States (including its territories and possessions and the District of Columbia). Delivery shall be by first class mail (without registration or insurance), except for those Shareholders having a registered address outside the United States (who will only receive copies of the Prospectus, instruction letter and other documents as the Fund deems necessary or appropriate, if any), delivery shall be by air mail (without registration or insurance) and by first class mail (without registration or insurance) to those Shareholders having APO or FPO addresses. No Subscription Certificate shall be valid for any purpose unless so executed. (c) The Agent will mail a copy of the Prospectus, instruction letter, a special notice and other documents as the Fund deems necessary or appropriate, if any, but not Subscription Certificates to Record Date Shareholders whose record addresses are outside the United States (including its territories and possessions and the District of Columbia Columbia) ("Foreign Record Date Shareholders"). The Rights to which such Subscription Certificates relate will be held by the Agent for such Foreign Record Date Shareholders' accounts until instructions are received to exercise the Rights.

Rights and Issuance of Subscription Certificates. (a) Each Subscription Certificate shall evidence the Rights of the Shareholder therein named to purchase Shares Common Stock upon the terms and conditions therein and herein set forth. (b) Upon the written advice of the FundCompany, signed by any of its duly authorized officers, as to the Record Date, the Agent shall, from a list of the Fund Company Shareholders as of the Record Date to be prepared by the Agent in its capacity as Transfer Agent of the FundCompany, prepare and record Subscription Certificates in the names of the Shareholders, setting forth the number of Rights to subscribe for the FundCompany's Shares Common Stock calculated on the basis of one Right for five four shares of Shares Common Stock recorded on the books in the name of each such Shareholder as of the Record Date. The number of Rights that are issued to Record Date Shareholders will be rounded down, by the Agent, to the nearest number of Full Rights as Fractional Rights will not be issued. Each Subscription Certificate shall be dated as of the Record Date and shall be executed manually or by facsimile signature of a duly authorized officer of the Subscription Agent. Upon the written advice, signed as aforesaid, as to the effective date of the Registration Statement, the Agent shall promptly countersign and deliver the Subscription Certificates, together with a copy of the Prospectus, instruction letter and any other document as the Fund Company deems necessary or appropriate, to all Shareholders with record addresses in the United States (including its territories and possessions and the District of Columbia). Delivery shall be by first class mail (without registration or insurance), except for those Shareholders having a registered address outside the United States (who will only receive copies of the Prospectus, instruction letter and other documents as the Fund Company deems necessary or appropriate, if any), delivery shall be by air mail (without registration or insurance) and by first class mail (without registration or insurance) to those Shareholders having APO or FPO addresses. No Subscription Certificate shall be valid for any purpose unless so executed. (c) The Agent will mail a copy of the Prospectus, instruction letter, a special notice and other documents as the Fund Company deems necessary or appropriate, if any, but not Subscription Certificates to Record Date Shareholders whose record addresses are outside the United States (including its territories and possessions and the District of Columbia ) ("Foreign Record Date Shareholders"). The Rights to which such Subscription Certificates relate will be held by the Agent for such Foreign Record Date Shareholders' accounts until instructions are received to exercise exercise, sell or transfer the Rights.

Rights and Issuance of Subscription Certificates. (a) A. Each Subscription Certificate shall evidence the Rights of the Record Date Shareholder or Transferee therein named to purchase Shares Common Stock upon the terms and conditions therein and herein set forth. (b) B. Upon the written advice of the FundCompany, signed by any of its duly authorized officers, as to the Record Date, the Agent shall, from a list of the Fund Company Shareholders as of the Record Date to be prepared by the Agent in its capacity as Transfer Agent of the FundCompany, prepare and record Subscription Certificates in the names of the Shareholders, setting forth the number of Rights to subscribe for the Fund's Shares Company’s Common Stock calculated on the basis of three Rights for one Right for five shares share of Shares Common Stock recorded on the books in the name of each such Shareholder as of the Record Date. The number of Rights that are issued to Record Date Shareholders will be rounded down, by the Agent, to the nearest number of Full Rights as Fractional Rights will not be issued. Each Subscription Certificate shall be dated as of the Record Date and shall be executed manually or by facsimile signature of a duly authorized officer of the Subscription Agent. Upon the written advice, signed as aforesaid, as to the effective date of the Registration Statement, the Agent shall promptly countersign and deliver the Subscription Certificates, together with a copy of the Prospectus, instruction letter and any other document as the Fund Company deems necessary or appropriate, to all Shareholders with record addresses in the United States (including its territories and possessions and the District of Columbia). Delivery shall be by first class mail (without registration or insurance), except for those Shareholders having a registered address outside the United States (who will only receive copies of the Prospectus, instruction letter and other documents as the Fund Company deems necessary or appropriate, if any), delivery shall be by air mail (without registration or insurance) and by first class mail (without registration or insurance) to those Shareholders having APO or FPO addresses. No Subscription Certificate shall be valid for any purpose unless so executed. (c) C. The Agent will mail a copy of the Prospectus, instruction letter, a special notice and other documents as the Fund Company deems necessary or appropriate, if any, but not Subscription Certificates to Record Date Shareholders whose record addresses are outside the United States (including its territories and possessions and the District of Columbia ) ("“Foreign Record Date Shareholders"”). The Rights to which such Subscription Certificates relate will be held by the Agent for such Foreign Record Date Shareholders' ’ accounts until instructions are received to exercise exercise, sell or transfer the Rights.

Rights and Issuance of Subscription Certificates. (a) Each Subscription Certificate shall evidence the Rights of the Shareholder therein named to purchase Shares Common Stock upon the terms and conditions therein and herein set forth. (b) Upon the written advice of the FundCompany, signed by any of its duly authorized officers, as to the Record Date, the Agent shall, from a list of the Fund Company Shareholders as of the Record Date to be prepared by the Agent in its capacity as Transfer Agent transfer agent of the FundCompany and delivered to the Agent, prepare and record Subscription Certificates in the names of the Shareholders, setting forth the number of Rights to subscribe for the FundCompany's Shares Common Stock calculated on the basis of one Right for five shares each share of Shares Common Stock recorded on the books in the name of each such Shareholder as of the Record Date. The number of Rights that are issued to Record Date Shareholders will be rounded down, by the Agent, to the nearest number of Full full Rights as Fractional fractional Rights will not be issued. Each Subscription Certificate shall be dated as of the Record Date and shall be executed manually or by facsimile signature of a duly authorized officer of the Subscription Agent. Upon the written advice, signed as aforesaid, as to the effective date of the Registration Statement, the Agent shall promptly countersign and deliver the Subscription Certificates, together with a copy of the Prospectus, instruction letter and any other document as the Fund Company deems necessary or appropriate, to all Shareholders with record addresses in the United States (including its territories and possessions and the District of Columbia). Delivery shall be by first first-class mail (without registration or insurance), except for those Shareholders having a registered address outside the United States (who will only receive copies of the Prospectus, instruction letter and other documents as the Fund Company deems necessary or appropriate, if any), delivery shall be by air mail (without registration or insurance) and by first first-class mail (without registration or insurance) to those Shareholders having APO or FPO addresses. No Subscription Certificate shall be valid for any purpose unless so executed. (c) The Agent will mail a copy of the Prospectus, instruction letter, a special notice and other documents as the Fund Company deems necessary or appropriate, if any, but not Subscription Certificates to Record Date Shareholders whose record addresses are outside the United States (including its territories and possessions and the District of Columbia Columbia) ("Foreign Record Date Shareholders"). The Rights to which such Subscription Certificates relate will be held by the Agent for such Foreign Record Date Shareholders' accounts until instructions are received to exercise the Rights.

Rights and Issuance of Subscription Certificates. (a) Each Subscription Certificate shall evidence the Rights of the Shareholder therein named to purchase Shares Common Stock upon the terms and conditions therein and herein set forth. (b) Upon the written advice of the FundCompany, signed by any of its duly authorized officersofficers (listed in Paragraph 12.a), as to the Record Date, the Agent shall, from a list of the Fund Company Shareholders as of the Record Date to be prepared by the Agent in its capacity as Transfer Agent of the FundCompany, prepare and record Subscription Certificates in the names of the Shareholders, setting forth the number of Rights to subscribe for the FundCompany's Shares calculated on the basis of one Right for five shares of 10 Shares recorded on the books in the name of each such Shareholder as of the Record Date. The number of Rights that are issued to Record Date Shareholders will be rounded down, by the Agent, to the nearest number of Full Rights as Fractional Rights will not be issued. Each Subscription Certificate shall be dated as of the Record Date and shall be executed manually or by facsimile signature of a duly authorized officer of the Subscription Agent. Upon the written advice, signed as aforesaid, as to the effective date of the Registration Statement, the Agent shall promptly countersign and deliver the Subscription Certificates, together with a copy of the Prospectus, instruction letter and any other document as the Fund Company deems necessary or appropriate, to all Shareholders with record addresses in the United States (including its territories and possessions and the District of Columbia). Delivery shall be by first class mail (without registration or insurance), except for those Shareholders having a registered address outside the United States (who will only receive copies of the Prospectus, instruction letter and other documents as the Fund Company deems necessary or appropriate, if any), delivery shall be by air mail (without registration or insurance) and by first class mail (without registration or insurance) to those Shareholders having APO or FPO addresses. No Subscription Certificate shall be valid for any purpose unless so executed. (c) The Agent will mail a copy of the Prospectus, instruction letter, a special notice and other documents as the Fund Company deems necessary or appropriate, if any, but not Subscription Certificates to Record Date Shareholders whose record addresses are outside the United States (including its territories and possessions and the District of Columbia ) ("Foreign Record Date Shareholders"). The Rights to which such Subscription Certificates relate will be held by the Agent for such Foreign Record Date Shareholders' accounts until instructions are received to exercise exercise, sell or transfer the Rights.

Rights and Issuance of Subscription Certificates. (a) A. Each Subscription Certificate shall evidence the Rights of the Shareholder therein named to purchase Common Shares upon the terms and conditions therein and herein set forth. (b) B. Upon the written advice of the FundEquity Trust, signed by any of its duly authorized officers, as to the Record Date, the Agent shall, from a list of the Fund Equity Trust Shareholders as of the Record Date to be prepared by the Agent in its capacity as Transfer Agent of the FundEquity Trust, prepare and record Subscription Certificates in the names of the Shareholders, setting forth the number of Rights to subscribe for the Fund's Equity Trust’s Common Shares calculated on the basis of one Right for five shares of Shares each Common Share recorded on the books in the name of each such Shareholder as of the Record Date. The number of Rights that are issued to Record Date Shareholders will be rounded downup, by the Agent, to the nearest number of Full Rights as Fractional Rights will not be issuedevenly divisible by seven. Each Subscription Certificate shall be dated as of the Record Date and shall be executed manually or by facsimile signature of a duly authorized officer of the Subscription Agent. Upon the written advice, signed as aforesaid, as to the effective date of the Registration Statement, the Agent shall promptly countersign and deliver the Subscription Certificates, together with a copy of the Prospectus, instruction letter and any other document as the Fund Equity Trust deems necessary or appropriate, to all Shareholders with record addresses in the United States (including its territories and possessions and the District of Columbia). Delivery shall be by first class mail (without registration or insurance), except for those Shareholders having a registered address outside the United States (who will only receive copies of the Prospectus, instruction letter and other documents as the Fund Equity Trust deems necessary or appropriate, if any), delivery shall be by air mail (without registration or insurance) and by first class mail (without registration or insurance) to those Shareholders having APO or FPO addresses. No Subscription Certificate shall be valid for any purpose unless so executed. (c) C. The Agent will mail a copy of the Prospectus, instruction letter, a special notice and other documents as the Fund Equity Trust deems necessary or appropriate, if any, but not Subscription Certificates to Record Date Shareholders whose record addresses are outside the United States (including its territories and possessions and the District of Columbia ) ("“Foreign Record Date Shareholders"”). The Rights to which such Subscription Certificates relate will be held by the Agent for such Foreign Record Date Shareholders' ’ accounts until instructions are received to exercise exercise, sell or transfer the Rights.

Rights and Issuance of Subscription Certificates. (a) A. Each Subscription Certificate shall evidence the Rights of the Shareholder therein named to purchase Ordinary Shares upon the terms and conditions therein and herein set forth. (b) B. Upon the written advice of the FundCompany, signed by any of its duly authorized officers, as to the Record Date, the Agent shall, from a list of the Fund Company Shareholders as of the Record Date to be prepared by the Agent in its capacity as Transfer Agent of the FundCompany, prepare and record Subscription Certificates in the names of the Shareholders, setting forth the number of Rights to subscribe for the Fund's Company’s Ordinary Shares calculated on the basis of one Right for five shares of every nine Ordinary Shares recorded on the books in the name of each such Shareholder as of the Record Date. The number of Rights that are issued to Record Date Shareholders will be rounded downup, by the Agent, to the nearest number of Full Rights as Fractional Rights will not be issued. Each Subscription Certificate shall be dated as of the Record Date and shall be executed manually or by facsimile signature of a duly authorized officer of the Subscription Agent. Upon the written advice, signed as aforesaid, as to the effective date of the Registration Statement, the Agent shall promptly countersign and deliver the Subscription Certificates, together with a copy of the Prospectus, instruction letter and any other document as the Fund Company deems necessary or appropriate, to all Shareholders with record addresses in the United States (including its territories and possessions and the District of Columbia). Delivery shall be by first class mail (without registration or insurance), except for those Shareholders having a registered address outside the United States (who will only receive copies of the Prospectus, instruction letter and other documents as the Fund deems necessary or appropriate, if any), delivery shall be by air mail (without registration or insurance) and by first class mail (without registration or insurance) to those Shareholders having APO or FPO addresses. No Subscription Certificate shall be valid for any purpose unless so executed. (c) C. The Agent will mail a copy of the Prospectus, instruction letter, a special notice and other documents as the Fund Company deems necessary or appropriate, if any, but not Subscription Certificates to Record Date Shareholders whose record addresses are outside the United States (including its territories and possessions and the District of Columbia ) ("Foreign Record Date Shareholders"). The Rights to which such Subscription Certificates relate will be held by the Agent for such Foreign Record Date Shareholders' accounts until instructions are received to exercise the Rights.

Rights and Issuance of Subscription Certificates. (a) A. Each Subscription Certificate shall evidence the Rights of the Shareholder therein named to purchase Preferred Shares upon the terms and conditions therein and herein set forth. (b) B. Upon the written advice of the Fund, signed by any of its duly authorized officers, as to the Record Date, the Agent shall, from a list of the Fund Shareholders as of the Record Date to be prepared by the Agent in its capacity as Transfer Rights Agent of the Fund, prepare and record Subscription Certificates in the names of the Shareholders, setting forth the number of Rights to subscribe for the Fund's Preferred Shares calculated on the basis of one Right for five shares of Shares one Common Share recorded on the books in the name of each such Shareholder as of the Record Date. The number of Rights that are issued to Record Date Shareholders will be rounded downup, by the Agent, to the nearest number of Full Rights Rights, as Fractional Rights will not be issued. Each Subscription Certificate shall be dated as of the Record Date and shall be executed manually or by facsimile signature of a duly authorized officer of the Subscription Rights Agent. Upon the written advice, signed as aforesaid, as to the effective date of the Registration Statement, the Agent shall promptly countersign and deliver the Subscription Certificates, together with a copy of the Prospectus, instruction letter and any other document as the Fund deems necessary or appropriate, to all Shareholders with record addresses in the United States (including its territories and possessions and the District of Columbia). Delivery shall be by first class mail (without registration or insurance), except for those Shareholders having a registered address outside the United States (who will only receive copies of the Prospectus, instruction letter and other documents as the Fund deems necessary or appropriate, if any), delivery shall be by air mail (without registration or insurance) and by first class mail (without registration or insurance) to those Shareholders having APO or FPO addresses. No Subscription Certificate shall be valid for any purpose unless so executed. (c) C. The Agent will mail a copy of the Prospectus, instruction letter, a special notice and other documents as the Fund deems necessary or appropriate, if any, but not Subscription Certificates to Record Date Shareholders whose record addresses are outside the United States (including its territories and possessions and the District of Columbia Columbia) ("Foreign Record Date Shareholders"). The Rights to which such Subscription Certificates relate will be held by the Agent for such Foreign Record Date Shareholders' accounts until instructions are received to exercise exercise, sell or transfer the Rights. D. The Agent will perform its duties as subscription and information agent in accordance with the terms and provisions of the Fee and Service Schedule attached hereto as Exhibit A.

Rights and Issuance of Subscription Certificates. (a) Each Subscription Certificate shall evidence the Rights of the Shareholder Stockholder therein named to purchase Shares Common Stock upon the terms and conditions therein and herein set forth. (b) Upon the written advice of the Fund, signed by any of its duly authorized officers, as to the Record Date, the Agent shall, from a list of the Fund Shareholders Stockholders as of the Record Date to be prepared by the Agent in its capacity as Transfer Agent of the Fund, prepare and record Subscription Certificates in the names of the ShareholdersStockholders, setting forth the number of Rights to subscribe for the Fund's Shares Common Stock calculated on the basis of one Right for five shares each share of Shares Common Stock recorded on the books in the name of each such Shareholder Stockholder as of the Record Date. The number of Rights that are issued to Record Date Shareholders Stockholders will be rounded down, up by the Agent, to the nearest number of Full full Rights evenly divisible by six as Fractional fractional Rights will not be issued. Each Subscription Certificate shall be dated as of the Record Date and shall be executed manually or by facsimile signature of a duly authorized officer of the Subscription Agent. Upon the written advice, signed as aforesaid, as to the effective date of the Registration Statement, the Agent shall promptly countersign and deliver the Subscription Certificates, together with a copy of the Prospectus, instruction letter and any other document as the Fund deems necessary or appropriate, to all Shareholders Stockholders with record addresses in the United States (including its territories and possessions and the District of Columbia). Delivery shall be by first class mail (without registration or insurance), except for those Shareholders Stockholders having a registered address outside the United States (who will only receive copies of the Prospectus, instruction letter and other documents as the Fund deems necessary or appropriate, if any), delivery shall be by air mail (without registration or insurance) and by first class mail (without registration or insurance) to those Shareholders Stockholders having APO or FPO addresses. No Subscription Certificate shall be valid for any purpose unless so executed. (c) The Agent will mail a copy of the Prospectus, instruction letter, a special notice and other documents as the Fund deems necessary or appropriate, if any, but not Subscription Certificates to Record Date Shareholders Stockholders whose record addresses are outside the United States (including its territories and possessions and the District of Columbia ) ("Foreign Record Date ShareholdersStockholders"). The Rights to which such Subscription Certificates relate will be held by the Agent for such Foreign Record Date ShareholdersStockholders' accounts until instructions are received to exercise the Rights.