Common use of SALE AND REDEMPTION OF SHARES Clause in Contracts

SALE AND REDEMPTION OF SHARES. Whenever the Fund shall sell any shares issued by the Fund ("Shares") it shall deliver to Custodian a Certificate or Instructions specifying the amount of money and/or Securities to be received by Custodian for the sale of such Shares and specifically allocated to an Account for such Series. Upon receipt of such money, Custodian shall credit such money to an Account in the name of the Series for which such money was received. Except as provided hereinafter, whenever the Fund desires Custodian to make payment out of the money held by Custodian hereunder in connection with a redemption of any Shares, it shall furnish to Custodian (a) a resolution of the Fund's board directing the Fund's transfer agent to redeem the Shares, and (b) a Certificate or Instructions specifying the total amount to be paid for such Shares. Custodian shall make payment of such total amount to the transfer agent specified in such Certificate or Instructions out of the money held in an Account of the appropriate Series. PAYMENT OF DIVIDENDS OR DISTRIBUTIONS Whenever the Fund shall determine to pay a dividend or distribution on Shares it shall furnish to Custodian Instructions or a Certificate setting forth with respect to the Series specified therein the date of the declaration of such dividend or distribution, the total amount payable, and the payment date. Upon the payment date specified in such Instructions or Certificate, Custodian shall pay out of the money held for the account of such Series the total amount payable to the dividend agent of the Fund specified therein.

SALE AND REDEMPTION OF SHARES. 1. Whenever the Fund shall sell any shares issued by the Fund ("“Shares"”) it shall deliver to Custodian a Certificate or Instructions specifying the amount of money and/or Securities to be received by Custodian for the sale of such Shares and specifically allocated to an Account for such Series. 2. Upon receipt of such money, Custodian shall credit such money to an Account in the name of the Series for which such money was received. 3. Except as provided hereinafter, whenever the Fund desires Custodian to make payment redemption payments out of the money held by Custodian hereunder hereunder, or through extensions of credit requested by the Fund or overdrafts arising from Certificates, Instructions or Oral Instructions issued by the Fund, at Custodian’s sole discretion and subject to Article V above, in connection with a redemption of any SharesShares (“Redemption Credit”), it shall furnish to Custodian (a) a resolution of the Fund's board directing the Fund's transfer agent to redeem the Shares, and (b) a Certificate or Instructions specifying the total amount to be paid for such Shares, including the allocation of Redemption Credit obligations amongst the Series. Custodian shall make payment of such total amount to the transfer agent specified in such Certificate or Instructions out of the money held in an Account of the appropriate Series and/or through Redemption Credit identified by the Fund as an obligation of the appropriate Series. PAYMENT OF DIVIDENDS OR DISTRIBUTIONS Whenever Custodian shall make commercially reasonable efforts to wire funds for Fund redemptions as promptly as practicable under the circumstances, after confirming receipt of instructions in an agreed format from the transfer agent of the Funds. 4. Notwithstanding the above provisions regarding the redemption of any Shares, whenever any Shares are redeemed pursuant to any check redemption privilege which may from time to time be offered by the Fund, Custodian, unless otherwise instructed by a Certificate or Instructions, shall, upon presentment of such check, charge the amount thereof against the money held in the Account of the Series of the Shares being redeemed, provided, that if the Fund shall determine or its agent timely advises Custodian that such check is not to pay a dividend or distribution on Shares it shall furnish to Custodian Instructions or a Certificate setting forth with respect to the Series specified therein the date of the declaration of such dividend or distribution, the total amount payable, and the payment date. Upon the payment date specified in such Instructions or Certificatebe honored, Custodian shall pay out of the money held for the account of return such Series the total amount payable to the dividend agent of the Fund specified thereincheck unpaid.

SALE AND REDEMPTION OF SHARES. 1. Whenever the Fund shall sell any shares issued by Series' Shares, the Fund ("Shares") it shall deliver to the Custodian a Certificate or Instructions specifying the duly specifying: (a) The number of Shares sold, trade date, and price; and (b) The amount of money and/or Securities to be received by the Custodian for the sale of such Shares and specifically allocated to an Account for such SeriesShares. 2. Upon receipt of such moneymoney from the Transfer Agent, the Custodian shall credit such money to an Account in the name account of the Series for which such money was receivedSeries. 3. Except as provided hereinafter, whenever the Fund desires Custodian to make payment out of the money held by Custodian hereunder in connection with a redemption Upon issuance of any SharesSeries' Shares in accordance with the foregoing provisions of this Article, it shall furnish to Custodian (a) a resolution of the Fund's board directing the Fund's transfer agent to redeem the Shares, and (b) a Certificate or Instructions specifying the total amount to be paid for such Shares. Custodian shall make payment of such total amount to the transfer agent specified in such Certificate or Instructions out of the money held in an Account of the appropriate Series. PAYMENT OF DIVIDENDS OR DISTRIBUTIONS Whenever the Fund shall determine to pay a dividend or distribution on Shares it shall furnish to Custodian Instructions or a Certificate setting forth with respect to the Series specified therein the date of the declaration of such dividend or distributionpay, the total amount payable, and the payment date. Upon the payment date specified in such Instructions or Certificate, Custodian shall pay out of the money held for the account of such Series, all original issue or other taxes required to be paid by the Fund for the account of such Series in connection with such issuance upon the receipt of a Certificate specifying the amount to be paid. 4. Except as provided hereinafter, whenever the Fund shall hereafter redeem any Series' Shares, the Fund shall furnish to the Custodian a Certificate specifying: (a) The number of Shares redeemed; and (b) The amount to be paid for the Shares redeemed. 5. Upon receipt from the Transfer Agent of an advice setting forth the number of a Series' Shares received by the Transfer Agent for redemption and that such Shares are valid and in good form for redemption, the Custodian shall make payment to the Transfer Agent out of the moneys held for the account of such Series of the total amount payable specified in the Certificate issued pursuant to the dividend foregoing paragraph 4 of this Article. 6. Notwithstanding the above provisions regarding the redemption of any Series' Shares, whenever a Series' Shares are redeemed pursuant to any check redemption privilege which may from time to time be offered by the Fund, the Custodian, unless otherwise instructed by a Certificate, shall, upon receipt of an advice from the Fund or its agent setting forth that the redemption is in good form for redemption in accordance with the check redemption procedure, honor the check presented as part of such check redemption privilege out of the money held in the account of the Fund specified thereinfor such purposes.

SALE AND REDEMPTION OF SHARES. 1. Whenever the Fund shall sell determines that the proceeds of any shares issued sale of Shares are to be held by the Fund ("Shares") Subcustodian, it shall deliver to Custodian the Subcustodian a Certificate or Instructions specifying the duly specifying: (a) The Series, number of Shares sold, trade date, and price; and (b) The amount of money and/or Securities to be received by Custodian the Subcustodian for the sale of such Shares and specifically allocated to an Account the separate account in the name of the Fund for such Series. 2. Upon receipt of such moneymoney from the Transfer Agent, Custodian the Subcustodian shall credit such money to an Account the separate account in the name of the Fund for the Series for which such money was received. 3. Upon issuance of any Shares of any Series described in the foregoing provisions of this Article, the Subcustodian shall pay, out of the money held for the account of the Fund, all original issue or other taxes required to be paid by the Fund in connection with such issuance upon the receipt of a Certificate specifying the amount to be paid. 4. Except as provided hereinafter, whenever the Fund desires Custodian the Subcustodian to make payment out of the money held by Custodian the Subcustodian hereunder in connection with a redemption of any Sharesshares of any Series, it shall furnish to Custodian the Subcustodian a Certificate specifying: (a) a resolution The number and Series of the Fund's board directing the Fund's transfer agent to redeem the Shares, and Shares redeemed; and (b) a Certificate or Instructions specifying the total The amount to be paid for such Shares. 5. Custodian Upon receipt from the Transfer Agent of an advice setting forth the Series and number of Shares received by the Transfer Agent for redemption and that such shares are in good form for redemption, the Subcustodian shall make payment to the Transfer Agent out of the moneys held in the separate account in the name of the Series the total amount specified in the Certificate issued pursuant to the foregoing paragraph 4 of this Article. 6. Notwithstanding the above provisions regarding the redemption of any Shares, whenever any Shares are redeemed pursuant to any check redemption privilege which may from time to time be offered by the Fund, the Subcustodian, unless otherwise instructed by a Certificate, shall, upon receipt of an advice from the Fund or its agent setting forth that the redemption is in good form for redemption in accordance with the check redemption procedure, honor the check presented as part of such total amount to the transfer agent specified in such Certificate or Instructions check redemption privilege out of the money held in an Account the separate account in the name of the appropriate Series. PAYMENT OF DIVIDENDS OR DISTRIBUTIONS Whenever the Fund shall determine to pay a dividend or distribution on Shares it shall furnish to Custodian Instructions or a Certificate setting forth with respect to the Series specified therein the date of the declaration of such dividend or distribution, the total amount payable, and the payment date. Upon the payment date specified in such Instructions or Certificate, Custodian shall pay out of the money held for the account of such Series the total amount payable to the dividend agent of the Fund specified thereinShares being redeemed.

SALE AND REDEMPTION OF SHARES. 1. Whenever the Fund Trust shall sell any shares issued by the Fund Trust ("“Shares"”) it shall deliver to Custodian a Certificate or Instructions Instructions, or cause the Trust’s Transfer Agent to provide instructions, specifying the amount of money and/or money, if any, or Securities to be received by Custodian for the sale of such Shares and specifically allocated to an Account for such Series. Upon receipt of such money, if any, and such Securities, Custodian shall credit such money the same to an Account in the name of the Series for which such money money, if any, and such Securities was received. 2. Except as provided hereinafter, whenever the Fund Trust desires Custodian to make payment redemption payments out of the money or Securities held by Custodian hereunder hereunder, or through extensions of credit requested by the Trust or overdrafts arising from Certificates, Instructions or Oral Instructions issued by the Trust, at Custodian’s sole discretion and subject to Article V above, in connection with a redemption of any SharesShares (“Redemption Credit”), it shall furnish to Custodian (a) a resolution of the Fund's board directing the Fund's transfer agent to redeem the Shares, and (b) a Certificate or Instructions Instructions, or cause the Trust’s Transfer Agent to provide instructions specifying the total amount of money, if any, to be paid paid, and the particular Securities and amount of each Security to be delivered, for such Shares, including the allocation of Redemption Credit obligations amongst the Series. Custodian shall make payment of such total amount to the transfer agent specified in such Certificate or Instructions Transfer Agent out of the money held in an Account of the appropriate Series and/or through Redemption Credit identified by the Trust as an obligation of the appropriate Series. PAYMENT OF DIVIDENDS OR DISTRIBUTIONS Whenever the Fund shall determine to pay a dividend or distribution on Shares it shall furnish to Custodian Instructions or a Certificate setting forth with respect to the Series specified therein the date of the declaration of such dividend or distribution, the total amount payable, and the payment date. Upon the payment date specified in such Instructions or Certificate, Custodian shall pay out make commercially reasonable efforts to wire funds for Trust redemptions as promptly as practicable under the circumstances, after confirming receipt of instructions in an agreed format from the money held for the account of such Series the total amount payable to the dividend agent of the Fund specified thereinTransfer Agent.

SALE AND REDEMPTION OF SHARES. 34. Whenever the a Fund shall sell any shares issued by the Fund ("of its Shares") , it shall deliver to the Custodian a Certificate or Instructions duly specifying the number of Shares sold, trade date, price and the amount of money and/or Securities to be received by the Custodian for the sale of such Shares and specifically allocated to an Account for such SeriesShares. 35. Upon receipt of such moneymoney from the Transfer Agent or a co-transfer agent, the Custodian shall credit such money to an Account in the name of the Series for which such money was received. Except as provided hereinafter, whenever the Fund desires Custodian to make payment out of the money held by Custodian hereunder in connection with a redemption of any Shares, it shall furnish to Custodian (a) a resolution account of the Fund's board directing the . 36. Upon issuance of any of a Fund's transfer agent to redeem Shares in accordance with the Sharesforegoing provisions of this Article IX, and (b) a Certificate or Instructions specifying the total amount to be paid for such Shares. Custodian shall make payment of such total amount to the transfer agent specified in such Certificate or Instructions out of the money held in an Account of the appropriate Series. PAYMENT OF DIVIDENDS OR DISTRIBUTIONS Whenever the Fund shall determine to pay a dividend or distribution on Shares it shall furnish to Custodian Instructions or a Certificate setting forth with respect to the Series specified therein the date of the declaration of such dividend or distributionpay, the total amount payable, and the payment date. Upon the payment date specified in such Instructions or Certificate, Custodian shall pay out of the money held for the account of the Fund, all original issue or other taxes required to be paid by the Fund in connection with such Series issuance upon the receipt of a Certificate specifying the amount to be paid. 37. Except as provided hereinafter, whenever a Fund shall redeem any of its Shares, it shall furnish the Custodian with a Certificate specifying the number of Shares redeemed and the amount to be paid for the Shares redeemed. 38. Upon receipt from the Transfer Agent or co-transfer agent of an advice setting forth the number of Shares received by the Transfer Agent or co-transfer agent for redemption, and that such Shares are valid and in good form for redemption, the Custodian shall make payment to the Transfer Agent or co-transfer agent, as the case may be, out of the moneys held for the account of a Fund of the total amount payable specified in the Certificate issued pursuant to paragraph 4 of this Article IX. 39. Notwithstanding the dividend above provisions regarding the redemption of any of a Fund's Shares, whenever its Shares are redeemed pursuant to any check redemption privilege which may from time to time be offered by the Fund, the Custodian, unless otherwise instructed by a Certificate, shall, upon receipt of an advice from the Fund or its agent setting forth that the redemption is in good form for redemption in accordance with the check redemption procedure, honor the check presented as part of such check redemption privilege out of the money held in the account of the Fund specified thereinfor such purposes.

SALE AND REDEMPTION OF SHARES. 6.1. Whenever the Fund shall sell any shares issued by the Fund ("Shares") it shall deliver or cause the Administrator to deliver to Custodian a Certificate or Instructions specifying the amount of money and/or Securities to be received by Custodian for the sale of such Shares and specifically allocated to an Account for such Series. 6.2. Upon receipt of such money, Custodian shall credit such money to an Account in the name of the Series for which such money was received. 6.3. Upon issuance of any Shares of any Series described in the foregoing provisions of this Article, the Custodian shall pay, out of the money held for the account of such Series, all original issue or other taxes required to be paid by the Fund in connection with such issuance upon the receipt of a Certificate specifying the amount to be paid. 6.4. Except as provided hereinafter, whenever the Fund desires Custodian to make payment out of the money held by Custodian hereunder in connection with a redemption of any Shares, it shall furnish to Custodian (a) a resolution of the Fund's board directing the Fund's transfer agent to redeem the Shares, and (b) a Certificate or Instructions specifying the total amount to be paid for such Shares. Custodian shall make payment of such total amount to the transfer agent specified in such Certificate or Instructions out of the money held in an Account of the appropriate Series. 6.5. PAYMENT OF DIVIDENDS OR DISTRIBUTIONS Whenever Notwithstanding the above provisions regarding the redemption of any Shares, whenever any Shares are redeemed pursuant to any check redemption privilege which may from time to time be offered by the Fund, Custodian, unless otherwise instructed by a Certificate or Instructions, shall, upon presentment of such check, charge the amount thereof against the money held in the Account of the Series of the Shares being redeemed, provided, that if the Fund shall determine or its agent timely advises Custodian that such check is not to pay a dividend or distribution on Shares it shall furnish to Custodian Instructions or a Certificate setting forth with respect to the Series specified therein the date of the declaration of such dividend or distribution, the total amount payable, and the payment date. Upon the payment date specified in such Instructions or Certificatebe honored, Custodian shall pay out of the money held for the account of return such Series the total amount payable to the dividend agent of the Fund specified thereincheck unpaid.

SALE AND REDEMPTION OF SHARES. 6.1. Whenever the Fund shall sell any shares issued by the Fund ("“Shares"”) it shall deliver to Custodian a Certificate or Instructions specifying the amount of money and/or Securities to be received by Custodian for the sale of such Shares and specifically allocated to an Account for such Series. 6.2. Upon receipt of such money, Custodian shall credit such money to an Account in the name of the Series for which such money was received. 6.3. Upon issuance of any Shares of any Series described in the foregoing provisions of this Article, the Custodian shall pay, out of the money held for the account of such Series, all original issue or other taxes required to be paid by the Fund in connection with such issuance upon the receipt of a Certificate specifying the amount to be paid. 6.4. Except as provided hereinafter, whenever the Fund desires Custodian to make payment out of the money held by Custodian hereunder in connection with a redemption of any Shares, it shall furnish to Custodian (a) a resolution of the Fund's board directing the Fund's transfer agent to redeem the Shares, and (b) a Certificate or Instructions specifying the total amount to be paid for such Shares. Custodian shall make payment of such total amount to the transfer agent specified in such Certificate or Instructions out of the money held in an Account of the appropriate Series. 6.5. PAYMENT OF DIVIDENDS OR DISTRIBUTIONS Whenever Notwithstanding the above provisions regarding the redemption of any Shares, whenever any Shares are redeemed pursuant to any check redemption privilege which may from time to time be offered by the Fund, Custodian, unless otherwise instructed by a Certificate or Instructions, shall, upon presentment of such check, charge the amount thereof against the money held in the Account of the Series of the Shares being redeemed, provided, that if the Fund shall determine or its agent timely advises Custodian that such check is not to pay a dividend or distribution on Shares it shall furnish to Custodian Instructions or a Certificate setting forth with respect to the Series specified therein the date of the declaration of such dividend or distribution, the total amount payable, and the payment date. Upon the payment date specified in such Instructions or Certificatebe honored, Custodian shall pay out of the money held for the account of return such Series the total amount payable to the dividend agent of the Fund specified thereincheck unpaid.

SALE AND REDEMPTION OF SHARES. 1. Whenever the Fund shall sell any shares issued by the Fund ("Shares") , it shall deliver to the Custodian a Certificate or Instructions specifying duly specifying: (a) The Series, the number of Shares sold, trade date, and price; and (b) The amount of money and/or Securities to be received by the Custodian for the sale of such Shares and specifically allocated to an Account for the separate account in the name of such Series. 2. Upon receipt of such moneymoney from the Transfer Agent, the Custodian shall credit such money to an Account the separate account in the name of the Series for which such money was received. 3. Upon issuance of any Shares of any Series described in the foregoing provisions of this Article, the Custodian shall pay, out of the money held for the account of such Series, all original issue or other taxes required to be paid by the Fund in connection with such issuance 'Upon the receipt of a Certificate specifying the amount to be paid. 4. Except as provided hereinafter, whenever the Fund desires the Custodian to make payment out of the money held by the Custodian hereunder in connection with a redemption of any Shares, it shall furnish to the Custodian a Certificate specifying: (a) a resolution The number and Series of the Fund's board directing the Fund's transfer agent to redeem the Shares, and Shares redeemed; and (b) a Certificate or Instructions specifying the total The amount to be paid for such Shares. 5. Upon receipt from the Transfer Agent of an advice setting forth the Series and number of Shares received by the Transfer Agent for redemption and that such Shares are in good form for redemption, the Custodian shall make payment of such total amount to the transfer agent specified in such Certificate or Instructions Transfer Agent out of the money moneys held in an Account the separate account in the name of the appropriate Series. PAYMENT OF DIVIDENDS OR DISTRIBUTIONS Whenever the Fund shall determine to pay a dividend or distribution on Shares it shall furnish to Custodian Instructions or a Certificate setting forth with respect to the Series specified therein the date of the declaration of such dividend or distribution, the total amount payable, and the payment date. Upon the payment date specified in such Instructions or Certificate, Custodian shall pay out of the money held for the account of such Series the total amount payable specified in the Certificate issued pursuant to the dividend foregoing paragraph 4 of this Article. 6. Notwithstanding the above provisions regarding the redemption of any Shares, whenever any Shares are redeemed pursuant to any check redemption privilege which may from time to time be offered by the Fund, the Custodian, unless otherwise instructed by a Certificate, shall, upon receipt of an advice from the Fund or its agent setting forth that the redemption is in good form for redemption in accordance with the check redemption procedure, honor the check presented as part of such check redemption privilege out of the Fund specified thereinmoneys held in the separate account of the Series of the Shares being redeemed.

SALE AND REDEMPTION OF SHARES. 34. Whenever the a Fund shall sell any shares issued by the Fund ("of its Shares") , it shall deliver to the Custodian a Certificate or Instructions duly specifying the number of Shares sold, trade date, price and the amount of money and/or Securities to be received by the Custodian for the sale of such Shares and specifically allocated to an Account for such SeriesShares. 35. Upon receipt of such moneymoney from the Transfer Agent or Co-Transfer Agent, the Custodian shall credit such money to an Account in the name account of the Series for which such money was receiveda Fund. 36. Except as provided hereinafter, whenever the Fund desires Custodian to make payment out of the money held by Custodian hereunder in connection with a redemption Upon issuance of any Shares, it shall furnish to Custodian (a) of a resolution of the Fund's board directing Shares in accordance with the Fund's transfer agent to redeem foregoing provisions of this Article IX, the Shares, and (b) a Certificate or Instructions specifying the total amount to be paid for such Shares. Custodian shall make payment of such total amount to the transfer agent specified in such Certificate or Instructions out of the money held in an Account of the appropriate Series. PAYMENT OF DIVIDENDS OR DISTRIBUTIONS Whenever the Fund shall determine to pay a dividend or distribution on Shares it shall furnish to Custodian Instructions or a Certificate setting forth with respect to the Series specified therein the date of the declaration of such dividend or distributionpay, the total amount payable, and the payment date. Upon the payment date specified in such Instructions or Certificate, Custodian shall pay out of the money held for the account of the Fund, all original issue or other taxes required to be paid by the Fund in connection with such Series issuance upon the receipt of a Certificate specifying the amount to be paid. 37. Except as provided hereinafter, whenever a Fund shall redeem any of its Shares, it shall furnish to the Custodian a Certificate specifying the number of Shares redeemed and the amount to be paid for the Shares redeemed. 38. Upon receipt from the Transfer Agent or Co-Transfer Agent of an advice setting forth the number of Shares received by the Transfer Agent or Co-Transfer Agent, for redemption and that such Shares are valid and in good form for redemption, the Custodian shall make payment to the Transfer Agent as the case may be, out of the moneys held for the account of a Fund of the total amount payable specified in the Certificate issued pursuant to paragraph 4 of this Article IX. 39. Notwithstanding the dividend above provisions regarding the redemption of any of a Fund's Shares, whenever its Shares are redeemed pursuant to any check redemption privilege which may from time to time be offered by the Fund, the Custodian, unless otherwise instructed by a Certificate, shall, upon receipt of an advice from the Fund or its agent setting forth that the redemption is in good form for redemption in accordance with the check redemption procedure, honor the check presented as part of such check redemption privilege out of the money held in the account of the Fund specified thereinfor such purposes.

SALE AND REDEMPTION OF SHARES. 1. Whenever the Fund shall sell any shares issued by the Fund ("Shares") , it shall deliver to the Custodian a Certificate or Instructions specifying duly specifying: (a) the Series, the number of Shares sold, trade date, and price; and (b) the amount of money and/or Securities to be received by the Custodian for the sale of such Shares and specifically allocated to an Account for the separate account in the name of such Series. 2. Upon receipt of such moneymoney from the Transfer Agent, the Custodian shall credit such money to an Account the separate account in the name of the Series for which such money was received. 3. Upon issuance of any Shares of any Series described in the foregoing provisions of this Article, the Custodian shall pay, out of the money held for the account of such Series, all original issue or other taxes required to be paid by the Fund in connection with such issuance upon the receipt of a Certificate specifying the amount to be paid. 4. Except as provided hereinafter, whenever the Fund desires the Custodian to make payment out of the money held by the Custodian hereunder in connection with a redemption of any Shares, it shall furnish to the Custodian a Certificate specifying: (a) a resolution the number and Series of the Fund's board directing the Fund's transfer agent to redeem the Shares, and Shares redeemed; and (b) a Certificate or Instructions specifying the total amount to be paid for such Shares. 5. Upon receipt from the Transfer Agent of an advice setting forth the Series and number of Shares received by the -26- 27 Transfer Agent for redemption and that such Shares are in good form for redemption, the Custodian shall make payment of such total amount to the transfer agent specified in such Certificate or Instructions Transfer Agent out of the money held in an Account the separate account in the name of the appropriate Series. PAYMENT OF DIVIDENDS OR DISTRIBUTIONS Whenever the Fund shall determine to pay a dividend or distribution on Shares it shall furnish to Custodian Instructions or a Certificate setting forth with respect to the Series specified therein the date of the declaration of such dividend or distribution, the total amount payable, and the payment date. Upon the payment date specified in such Instructions or the Certificate issued pursuant to the foregoing paragraph 4 of this Article. 6. Notwithstanding the above provisions regarding the redemption of any Shares, whenever any Shares are redeemed pursuant to any check redemption privilege which may from time to time be offered by the Fund, the Custodian, unless otherwise instructed by a Certificate, Custodian shall pay shall, upon receipt of an advice from the Fund or its agent setting forth that the redemption is in good form for redemption in accordance with the check redemption procedure, honor the check presented as part of such check redemption privilege out of the money held for in the separate account of such the Series the total amount payable to the dividend agent of the Fund specified thereinShares being redeemed.