Common use of SALE AND REDEMPTION OF SHARES Clause in Contracts

SALE AND REDEMPTION OF SHARES. (a) Whenever the Fund shall sell any Shares, the Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio whose Shares were sold and the amount to be received by the Custodian for the sale of such Shares. (b) Upon receipt of such amount from the Transfer Agent or its designee, the Custodian shall credit such money to the separate account of the Portfolio specified in the Instruction described in paragraph (a) above. (c) Upon issuance of any Shares in accordance with the foregoing provisions of this Section 12, the Custodian shall pay all original issue or other taxes required to be paid in connection with such issuance upon the receipt of an Instruction specifying the amount to be paid. (d) Except as provided hereafter, whenever any Shares are redeemed, the Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio whose Shares were redeemed and the total amount to be paid for the Shares redeemed. (e) Upon receipt of an Instruction described in paragraph (d) above, the Custodian shall pay to the Transfer Agent (or such other person as the Transfer Agent directs) the total amount specified in such Instruction. Such payment shall be made from the separate account of the Portfolio specified in such Instruction.

SALE AND REDEMPTION OF SHARES. (a) Whenever the Fund shall sell any Shares, or whenever any Shares are redeemed, the Fund shall deliver or cause to be delivered to the Custodian an a Written Instruction specifying from the name Transfer Agent duly specifying: 1. The net amount of the Portfolio whose Shares were sold and the amount money to be received by the Custodian for Custodian, where the sale of such Shares exceeds redemption; and 2. The net amount of money to be paid for such Shares, where redemptions exceed purchases. The Custodian understands and agrees that Written Instructions may be furnished subsequent to the purchase of Shares and that the information contained therein will be derived from the sales of Shares as reported to the Fund by the Transfer Agent. (b) Upon receipt of such amount money from the Transfer Agent or its designeeAgent, the Custodian shall credit such money to the separate account of the Portfolio specified in the Instruction described in paragraph (a) aboveSeries. (c) Upon issuance of any Shares in accordance with the foregoing provisions of this Section 128, the Custodian shall pay all original issue or other taxes required to be paid for the account of the Series in connection with such issuance upon the receipt of an a Written Instruction specifying the amount to be paid. (d) Except as provided hereafter, whenever any Shares are redeemed, Upon receipt from the Fund shall deliver or cause to be delivered to Transfer Agent of Written Instructions setting forth the Custodian an Instruction specifying the name net amount of the Portfolio whose Shares were redeemed and the total amount money to be paid for Shares received by the Shares redeemed. (e) Upon receipt of an Instruction described in paragraph (d) aboveTransfer Agent for redemption, the Custodian shall pay make payment to the Transfer Agent (or of such other person as net amount out of the Transfer Agent directs) monies held for the total amount specified in such Instruction. Such payment shall be made from the separate account of the Portfolio specified in such InstructionSeries.

SALE AND REDEMPTION OF SHARES. (a) Whenever the a Fund shall sell any Shares, the such Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio Fund whose Shares were sold and the amount to be received by the Custodian for the sale of such Shares. (b) Upon receipt of such amount from the Transfer Agent or its designee, the Custodian shall credit such money to the separate account of the Portfolio Fund specified in the Instruction described in paragraph (a) above. (c) Upon issuance of any Shares in accordance with the foregoing provisions of this Section 1213, the Custodian shall pay all original issue or other taxes required to be paid in connection with such issuance upon the receipt of an Instruction specifying the amount to be paid. (d) Except as provided hereafter, whenever any Shares are redeemed, the Fund Trust shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio Fund whose Shares were redeemed and the total amount to be paid for the Shares redeemed. (e) Upon receipt of an Instruction described in paragraph (d) above, the Custodian shall pay to the Transfer Agent (or such other person as the Transfer Agent directs) the total amount specified in such Instruction. Such payment shall be made from the separate account of the Portfolio Fund specified in such Instruction.

SALE AND REDEMPTION OF SHARES. (a) Whenever the Fund shall sell any Shares, the Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying Written Instructions duly specifying: (1) the name number of the Portfolio whose Shares were sold sold, trade date, and price; and (2) the amount of money to be received by the Custodian for the sale of such Shares. (b) Upon receipt of such amount money from the Transfer Agent or its designeeAgent, the Custodian shall credit such money to the separate account of the Portfolio specified in the Instruction described in paragraph (a) aboveFund. (c) Upon issuance of any Shares in accordance with the foregoing provisions of this Section 128, the Custodian shall pay all original issue or other taxes required to be paid in connection with such issuance upon the receipt of an Instruction Written Instructions specifying the amount to be paid. (d) Except as provided hereafter, whenever any Shares of the Fund are redeemed, the Fund shall deliver or cause the Transfer Agent to be delivered promptly furnish to the Custodian an Instruction specifying Written Instructions specifying: (1) the name number of Shares redeemed; and (2) the Portfolio whose Shares were redeemed and the total amount to be paid for the Shares redeemed. The Custodian understands that the information contained in such Written Instructions will be derived from the redemption of Shares as reported to the Fund by the Transfer Agent. (e) Upon receipt from the Transfer Agent of an Instruction described advice setting forth the number of Shares received by the Transfer Agent for redemption and that such Shares are valid and in paragraph (d) abovegood form for redemption, the Custodian shall pay make payment to the Transfer Agent (or such other person as the Transfer Agent directs) of the total amount specified in such Instruction. Such payment shall be made from the separate account Written Instructions issued pursuant to Paragraph (d) of the Portfolio specified in such Instructionthis Section 8.

SALE AND REDEMPTION OF SHARES. (a) Whenever the Fund shall sell any Shares, the Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio whose Shares were sold and the amount to be received by the Custodian for the sale of such Shares. The Custodian shall act upon said Instructions promptly. (b) Upon receipt of such amount from the Transfer Agent or its designee, the Custodian shall credit such money to the separate account of the Portfolio specified in the Instruction described in paragraph (a) above. (c) Upon issuance of any Shares in accordance with the foregoing provisions of this Section 12, the Custodian shall pay all original issue or other taxes required to be paid in connection with such issuance upon the receipt of an Instruction specifying the amount to be paid. (d) Except as provided hereafter, whenever any Shares are redeemed, the Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio whose Shares were redeemed and the total amount to be paid for the Shares redeemed. (e) Upon receipt of an Instruction described in paragraph (d) above, the Custodian shall pay to the Transfer Agent (or such other person as the Transfer Agent directs) the total amount specified in such Instruction. The Custodian shall act upon said Instruction promptly. Such payment shall be made from the separate account of the Portfolio specified in such Instruction.

SALE AND REDEMPTION OF SHARES. (a) Whenever the Fund shall sell any Shares, the Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio whose Shares were sold and the amount to be received by the Custodian for the sale of such Shares. (b) Upon receipt of such amount from the Transfer Agent or its designee, the Custodian shall credit such money to the separate account of the Portfolio specified in the Instruction described in paragraph (a) above. (c) Upon issuance of any Shares in accordance with the foregoing provisions of this Section 1213, the Custodian shall pay all original issue or other taxes required to be paid in connection with such issuance upon the receipt of an Instruction specifying the amount to be paid. (d) Except as provided hereafter, whenever any Shares are redeemed, the Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio whose Shares were redeemed and the total amount to be paid for the Shares redeemed. (e) Upon receipt of an Instruction described in paragraph (d) above, the Custodian shall pay to the Transfer Agent (or such other person as the Transfer Agent directs) the total amount specified in such Instruction. Such payment shall be made from the separate account of the Portfolio specified in such Instruction.

SALE AND REDEMPTION OF SHARES. (a) Whenever the Fund shall sell any Shares, the Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio whose Shares were sold and the amount to be received by the Custodian for the sale of such Shares. (b) Upon receipt of such amount from the Transfer Agent or its designee, the Custodian shall promptly credit such money to the separate account of the Portfolio specified in the Instruction described in paragraph (a) above. (c) Upon issuance of any Shares in accordance with the foregoing provisions of this Section 12, the Custodian shall promptly pay all original issue or other taxes required to be paid in connection with such issuance upon the receipt of an Instruction specifying the amount to be paid. (d) Except as provided hereafter, whenever any Shares are redeemed, the Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio whose Shares were redeemed and the total amount to be paid for the Shares redeemed. (e) Upon receipt of an Instruction described in paragraph (d) above, the Custodian shall promptly pay to the Transfer Agent (or such other person as the Transfer Agent directs) the total amount specified in such Instruction. Such payment shall be made from the separate account of the Portfolio specified in such Instruction.

SALE AND REDEMPTION OF SHARES. (a) Whenever the a Fund shall sell any Shares, the such Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio Fund whose Shares were sold and the amount to be received by the Custodian for the sale of such Shares. (b) Upon receipt of such amount from the Transfer Agent or its designee, the Custodian shall credit such money Cash to the separate account Separate Account of the Portfolio Fund specified in the Instruction described in paragraph (a) above. (c) Upon issuance of any Shares in accordance with the foregoing provisions of this Section 1213, the Custodian shall pay all original issue or other taxes required to be paid in connection with such issuance upon the receipt of an Instruction specifying the amount to be paid. (d) Except as provided hereafter, whenever any Shares are redeemed, the Fund Trust shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio Fund whose Shares were redeemed and the total amount to be paid for the Shares redeemed. (e) Upon receipt of an Instruction described in paragraph (d) above, the Custodian shall pay to the Transfer Agent (or such other person as the Transfer Agent directs) the total amount specified in such Instruction. Such payment shall be made from the separate account Separate Account of the Portfolio Fund specified in such Instruction.

SALE AND REDEMPTION OF SHARES. (a) Whenever the Fund shall sell any Shares, the Fund Custodian shall deliver or cause to be delivered to the Custodian Subcustodian an Instruction specifying the name of the Portfolio whose Shares were sold and the amount to be received by the Custodian Subcustodian for the sale of such Shares. (b) Upon receipt of such amount from the Transfer Agent or its designee, the Custodian Subcustodian shall credit such money to the separate account of the Portfolio specified in the Instruction described in paragraph (a) above. (c) Upon issuance of any Shares in accordance with the foregoing provisions of this Section 1213, the Custodian Subcustodian shall pay all original issue or other taxes required to be paid in connection with such issuance upon the receipt of an Instruction specifying the amount to be paid. (d) Except as provided hereafter, whenever any Shares are redeemed, the Fund Custodian shall deliver or cause to be delivered to the Custodian Subcustodian an Instruction specifying the name of the Portfolio whose Shares were redeemed and the total amount to be paid for the Shares redeemed. (e) Upon receipt of an Instruction described in paragraph (d) above, the Custodian Subcustodian shall pay to the Transfer Agent (or such other person as the Transfer Agent directs) the total amount specified in such Instruction. Such payment shall be made from the separate account of the Portfolio specified in such Instruction.

SALE AND REDEMPTION OF SHARES. (a) Whenever the a Fund shall sell any Shares, the such Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio Fund whose Shares were sold and the amount to be received by the Custodian for the sale of such Shares. (b) Upon receipt of such amount from the Transfer Agent or its designee, the Custodian shall credit such money to the separate account of the Portfolio Fund specified in the Instruction described in paragraph (a) above. (c) Upon issuance of any Shares in accordance with the foregoing provisions of this Section 1213, the Custodian shall pay all original issue or other taxes required to be paid in connection with such issuance upon the receipt of an Instruction specifying the amount to be paid. (d) Except as provided hereafter, whenever any Shares are redeemed, the Fund Trust shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio Fund whose Shares were redeemed and the total amount to be paid for the Shares redeemed. (e) Upon receipt of an Instruction described in paragraph (d) above, the Custodian shall pay to the Transfer Agent (or such other person as the Transfer Agent directs) in the form and for the total amount as specified in such Instruction. Such payment shall be made from the separate account of the Portfolio Fund specified in such Instruction.

SALE AND REDEMPTION OF SHARES. (a) Whenever the Fund shall sell any Shares, the Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying Written Instructions duly specifying: (1) the name number of the Portfolio whose Shares were sold sold, trade date, and price; and (2) the amount of money to be received by the Custodian for the sale of such Shares. (b) Upon receipt of such amount money from the Transfer Agent or its designeeAgent, the Custodian shall credit such money to the separate account of the Portfolio specified in the Instruction described in paragraph (a) above.Fund, (c) Upon issuance of any Shares in accordance with the foregoing provisions of this Section 128, the Custodian shall pay all original issue or other taxes required to be paid in connection with such issuance upon the receipt of an Instruction Written Instructions specifying the amount to be paid. (d) Except as provided hereafter, whenever any Shares of the Fund are redeemed, the Fund shall deliver or cause the Transfer Agent to be delivered promptly furnish to the Custodian an Instruction specifying Written Instructions, specifying: (1) the name number of Shares redeemed; and (2) the Portfolio whose Shares were redeemed and the total amount to be paid for the Shares redeemed. The Custodian understands that the information contained in such Written Instructions will be derived from the redemption of Shares as reported to the Fund by the Transfer Agent. (e) Upon receipt from the Transfer Agent of an Instruction described advice setting forth the number of Shares received by the Transfer Agent for redemption and that such Shares are valid and in paragraph (d) abovegood form for redemption, the Custodian shall pay make payment to the Transfer Agent (or such other person as the Transfer Agent directs) of the total amount specified in such Instruction. Such payment shall be made from the separate account Written Instructions issued pursuant to Paragraph (d) of the Portfolio specified in such Instructionthis Section 8.

SALE AND REDEMPTION OF SHARES. (a) Whenever the Fund shall sell any Shares, the Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio whose Shares were sold and the amount to be received by the Custodian for the sale of such Shares. (b) Upon receipt of such amount from the Transfer Agent or its designee, the Custodian shall credit such money to the separate account of the Portfolio specified in the Instruction described in paragraph (a) above. (c) Upon issuance of any Shares in accordance with the foregoing provisions of this Section 12, the Custodian shall pay all original issue or other taxes required to be paid in connection with such issuance upon the receipt of an Instruction specifying the amount to be paid.. Exhibit (g)(3) (d) Except as provided hereafter, whenever any Shares are redeemed, the Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio whose Shares were redeemed and the total amount to be paid for the Shares redeemed. (e) Upon receipt of an Instruction described in paragraph (d) above, the Custodian shall pay to the Transfer Agent (or such other person as the Transfer Agent directs) the total amount specified in such Instruction. Such payment shall be made from the separate account of the Portfolio specified in such Instruction.

SALE AND REDEMPTION OF SHARES. (a) Whenever the Fund shall sell any Shares, the Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio whose Shares were sold and the amount to be received by the Custodian for the sale of such Shares. (b) Upon receipt of such amount from the Transfer Agent or its designee, the Custodian shall credit such money to the separate account of the Portfolio specified in the Instruction described in paragraph (a) above. (c) Upon issuance of any Shares in accordance with the foregoing provisions of this Section 12, the Custodian shall pay all original issue or other taxes required to be paid in connection with such issuance upon the receipt of an Instruction specifying the amount to be paid. (d) Except as provided hereafter, whenever any Shares are redeemed, the Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio whose Shares were redeemed and the total amount to be paid for the Shares redeemed. (e) Upon receipt of an Instruction described in paragraph (d) above, the Custodian shall pay to the Transfer Agent (or such other person as the Transfer Agent directs) the total amount specified in such Instructioninstruction. Such payment shall be made from the separate account of the Portfolio specified in such Instruction.

SALE AND REDEMPTION OF SHARES. (a) Whenever the Fund shall sell any Shares, the Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying Written Instructions duly specifying: (1) the name number of the Portfolio whose Shares were sold sold, trade date, and price; and (2) the amount of money to be received by the Custodian for the sale of such Shares. (b) Upon receipt of such amount money from the Transfer Agent or its designeeAgent, the Custodian shall credit such money to the separate account of the Portfolio specified in the Instruction described in paragraph (a) aboveFund. (c) Upon issuance of any Shares in accordance with the foregoing provisions of this Section 128, the Custodian shall pay all original issue or other taxes required to be paid in connection with such issuance upon the receipt of an Instruction Written Instructions specifying the amount to be paid. (d) Except as provided hereafter, whenever any Shares of the Fund are redeemed, the Fund shall deliver or cause the Transfer Agent to be delivered promptly furnish to the Custodian an Instruction specifying Written Instructions specifying: (1) the name number of Shares redeemed; and (2) the Portfolio whose Shares were redeemed and the total amount to be paid for the Shares redeemed. The Custodian understands that the information contained in such Written Instructions will be derived from the redemption of Shares as reported to the Fund by the Transfer Agent. (e) Upon receipt from the Transfer Agent of an Instruction described advice setting forth the number of Shares received by the Transfer Agent for redemption and that such Shares are valid and in paragraph (d) abovegood form for redemption, the Custodian shall pay make payment to the Transfer Agent (or such other person as the Transfer Agent directs) of the total amount specified in such Instruction. Such payment shall be made from the separate account Written Instructions issued pursuant to Paragraph (d) of the Portfolio specified in such Instructionthis Section 8.

SALE AND REDEMPTION OF SHARES. (a) Whenever the Fund shall sell any Shares, the Fund shall deliver or cause to be delivered dehvered to the Custodian an Instruction specifying the name of the Portfolio whose Shares were sold and the amount to be received by the Custodian for the sale of such Shares. (b) Upon receipt of such amount from the Transfer Agent or its designee, the Custodian shall credit such money to the separate account of the Portfolio specified in the Instruction described in paragraph (a) above. (c) Upon issuance of any Shares in accordance with the foregoing provisions of this Section 12, the Custodian shall pay all original issue or other taxes required to be paid in connection with such issuance upon the receipt of an Instruction specifying the amount to be paid. (d) Except as provided hereafter, whenever any Shares are redeemed, the Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio whose Shares were redeemed were'redeemed and the total amount to be paid for the Shares redeemed. (e) Upon receipt of an Instruction described in paragraph (d) above, the Custodian shall pay to the Transfer Agent (or such other person as the Transfer Agent directs) the total amount specified in such Instruction. Such payment shall be made from the separate account of the Portfolio specified in such Instruction.

SALE AND REDEMPTION OF SHARES. (a) Whenever the Fund shall sell any Shares, the Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio whose Shares were sold and the amount to be received by the Custodian for the sale of such Shares. (b) Upon receipt of such amount from the Transfer Agent or its designee, the Custodian shall credit such money Cash to the separate account Separate Account of the Portfolio specified in the Instruction described in paragraph (a) above. (c) Upon issuance of any Shares in accordance with the foregoing provisions of this Section 12, the Custodian shall pay all original issue or other taxes required to be paid in connection with such issuance upon the receipt of an Instruction specifying the amount to be paid. (d) Except as provided hereafter, whenever any Shares are redeemed, the Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying the name of the Portfolio whose Shares were redeemed and the total amount to be paid for the Shares redeemed. (e) Upon receipt of an Instruction described in paragraph (d) above, the Custodian shall pay to the Transfer Agent (or such other person as the Transfer Agent directs) the total amount specified in such Instruction. Such payment shall be made from the separate account Separate Account of the Portfolio specified in such Instruction.

SALE AND REDEMPTION OF SHARES. (a) Whenever the Fund shall sell any Shares, the Fund shall deliver or cause to be delivered to the Custodian an Instruction specifying Written Instructions duly specifying: (1) the name number of the Portfolio whose Shares were sold sold, trade date, and price; and (2) the amount of money to be received by the Custodian for the sale of such Shares. (b) Upon receipt of such amount money from the Transfer Agent or its designeeAgent, the Custodian shall credit such money to the separate account of the Portfolio specified in the Instruction described in paragraph (a) aboveFund. (c) Upon issuance of any Shares in accordance with the foregoing provisions of this Section 128, the Custodian shall pay all original issue or other taxes required to be paid in connection with such issuance upon the receipt of an Instruction Written Instructions specifying the amount to be paid. (d) Except as provided hereafter, whenever any Shares of the Fund are redeemed, the Fund shall deliver or cause the Transfer Agent to be delivered promptly furnish to the Custodian an Instruction specifying Written Instructions, specifying: (1) the name number of Shares redeemed; and (2) the Portfolio whose Shares were redeemed and the total amount to be paid for the Shares redeemed. The Custodian understands that the information contained in such Written Instructions will be derived from the redemption of Shares as reported to the Fund by the Transfer Agent. (e) Upon receipt from the Transfer Agent of an Instruction described advice setting forth the number of Shares received by the Transfer Agent for redemption and that such Shares are valid and in paragraph (d) abovegood form for redemption, the Custodian shall pay make payment to the Transfer Agent (or such other person as the Transfer Agent directs) of the total amount specified in such Instruction. Such payment shall be made from the separate account Written Instructions issued pursuant to Paragraph (d) of the Portfolio specified in such Instructionthis Section 8.

SALE AND REDEMPTION OF SHARES. (a) Whenever the a Fund or its designee shall sell any Shares, the Fund shall deliver or cause to be delivered (by the Transfer Agent or Distributor) to the Custodian an Instruction specifying the name of the Portfolio Fund whose Shares were sold and the amount to be received by the Custodian for the sale of such Shares. (b) Upon receipt of such amount from the Transfer Agent or its designee, the Custodian shall credit such money to the separate account of the Portfolio Fund specified in the Instruction described in paragraph (a) above. (c) Upon issuance of any Shares in accordance with the foregoing provisions of this Section 1213, the Custodian shall pay shall, upon the receipt of an instruction specifying the amount to be paid, remit from Fund assets all original issue or other taxes required to be paid in connection with such issuance upon the receipt of an Instruction specifying the amount to be paidissuance. (d) Except as provided hereafter, whenever any Shares of a Fund are redeemed, the such Fund shall deliver or cause to be delivered (by the Fund’s Transfer Agent or Distributor) to the Custodian an Instruction specifying the name of the Portfolio Fund whose Shares were redeemed and the total amount to be paid for the Shares redeemed. (e) Upon receipt of an Instruction described in paragraph (d) above, the Custodian shall pay to the Transfer Agent of such Fund (or such other person as the Transfer Agent directs) the total amount specified in such Instruction. Such payment shall be made from the separate account of the Portfolio Fund specified in such Instruction.