Common use of Sale of the Shares Clause in Contracts

Sale of the Shares. The Distributor is authorized as agent for the Portfolios and not as principal, to sell the Shares to other purchasers on such terms as may be provided in the then current Prospectus of the Portfolios; PROVIDED, HOWEVER, that no sales shall be confirmed by the Distributor at any time when, according to advice received by the Distributor from a Fund, the officers of the Corporation have for any reason sufficient to them temporarily or permanently suspended or discontinued the sale and issuance of such Fund's Shares. Each sale shall be effected by the Distributor only at the applicable price, plus the applicable sales charge, if any, determined by a Fund in the manner prescribed in its then current Prospectus. The Distributor shall, insofar as they concern it, comply with all applicable laws, rules and regulations including, without limiting the generality of the foregoing, all rules or regulations made or adopted pursuant to Section 22 of the Act by the Securities and Exchange Commission or any securities association registered under the Exchange Act . The Portfolios agree, as long as the Shares may legally be issued, to fill all orders confirmed by the Distributor in accordance with the provisions of this Agreement.

Sale of the Shares. The Distributor is authorized as agent for the Portfolios and not as principal, to sell the Shares to other purchasers on such terms as may be provided in the then current Prospectus of the Portfolios; PROVIDEDprovided, HOWEVERhowever, that no sales shall be confirmed by the Distributor at any time when, according to advice received by the Distributor from a FundPortfolio, the officers of the Corporation Trust have for any reason sufficient to them temporarily or permanently suspended or discontinued the sale and issuance of such FundPortfolio's Shares. Each sale shall be effected by the Distributor only at the applicable price, plus the applicable sales charge, if any, determined by a Fund in the manner prescribed in its then current Prospectus. The Distributor shall, insofar as they concern it, comply with all applicable laws, rules and regulations including, without limiting the generality of the foregoing, all rules or regulations made or adopted pursuant to Section 22 of the Act by the Securities and Exchange Commission or any securities association registered under the Exchange Act Act. The Portfolios agree, as long as the Shares may legally be issued, to fill all orders confirmed by the Distributor in accordance with the provisions of this Agreement.

Sale of the Shares. The Distributor is authorized as agent for ------------------ the Portfolios Funds and not as principal, to sell the Shares to other purchasers on such terms as may be provided in the then current Prospectus of the PortfoliosFunds; PROVIDEDprovided, HOWEVERhowever, that no sales shall be -------- ------- confirmed by the Distributor at any time when, according to advice received by the Distributor from a Fund, the officers of the Corporation Trust have for any reason sufficient to them temporarily or permanently suspended or discontinued the sale and issuance of such Fund's Shares. Each sale shall be effected by the Distributor only at the applicable price, plus the applicable sales charge, if any, determined by a Fund in the manner prescribed in its then current Prospectus. The Distributor shall, insofar as they concern it, comply with all applicable laws, rules and regulations including, without limiting the generality of the foregoing, all rules or regulations made or adopted pursuant to Section 22 of the Act by the Securities and Exchange Commission or any securities association registered under the Exchange Act . The Portfolios Funds agree, as long as the Shares may legally be issued, to fill all orders confirmed by the Distributor in accordance with the provisions of this Agreement.

Sale of the Shares. The Distributor is authorized as agent for ------------------ the Portfolios Funds and not as principal, to sell the Shares to other purchasers on such terms as may be provided in the then current Prospectus of the PortfoliosFunds; PROVIDEDprovided, HOWEVER-------- however, that no sales shall be confirmed by the Distributor at any time when, ------- according to advice received by the Distributor from a Fund, the officers of the Corporation have for any reason sufficient to them temporarily or permanently suspended or discontinued the sale and issuance of such Fund's Shares. Each sale shall be effected by the Distributor only at the applicable price, plus the applicable sales charge, if any, determined by a Fund in the manner prescribed in its then current Prospectus. The Distributor shall, insofar as they concern it, comply with all applicable laws, rules and regulations including, without limiting the generality of the foregoing, all rules or regulations made or adopted pursuant to Section 22 of the Act by the Securities and Exchange Commission or any securities association registered under the Exchange Act Act. The Portfolios Funds agree, as long as the Shares may legally be issued, to fill all orders confirmed by the Distributor in accordance with the provisions of this Agreement.

Sale of the Shares. The Distributor is authorized as agent for the Portfolios Funds and not as principal, to sell the Shares to other purchasers on such terms as may be provided in the then current Prospectus of the PortfoliosFund; PROVIDEDprovided, HOWEVERhowever, that no sales shall be confirmed by the Distributor at any time when, according to advice received by the Distributor from a the Fund, the officers of the Corporation have for any reason sufficient to them temporarily or permanently suspended or discontinued the sale and issuance of such the Fund's Shares. Each sale shall be effected by the Distributor only at the applicable price, plus the applicable sales charge, if any, determined by a the Fund in the manner prescribed in its then current Prospectus. The Distributor shall, insofar as they concern it, comply with all applicable laws, rules and regulations including, without limiting the generality of the foregoing, all rules or regulations made or adopted pursuant to Section 22 of the Act by the Securities and Exchange Commission or any securities association registered under the Exchange Act Act. The Portfolios agreeFund agrees, as long as the Shares may legally be issued, to fill all orders confirmed by the Distributor in accordance with the provisions of this Agreement.

Sale of the Shares. The Distributor is authorized as agent for the Portfolios and not as principal, to sell the Shares to other purchasers on such terms as may be provided in the then current Prospectus of the Portfolios; PROVIDEDprovided, HOWEVERhowever, that no sales shall be confirmed by the Distributor at any time when, according to advice received by the Distributor from a Fund, the officers of the Corporation have for any reason sufficient to them temporarily or permanently suspended or discontinued the sale and issuance of such Fund's Shares. Each sale shall be effected by the Distributor only at the applicable price, plus the applicable sales charge, if any, determined by a Fund in the manner prescribed in its then current Prospectus. The Distributor shall, insofar as they concern it, comply with all applicable laws, rules and regulations including, without limiting the generality of the foregoing, all rules or regulations made or adopted pursuant to Section 22 of the Act by the Securities and Exchange Commission or any securities association registered under the Exchange Act . The Portfolios agree, as long as the Shares may legally be issued, to fill all orders confirmed by the Distributor in accordance with the provisions of this Agreement.

Sale of the Shares. The Distributor is authorized as agent for the Portfolios ------------------ Funds and not as principal, to sell the Shares to other purchasers on such terms as may be provided in the then current Prospectus of the PortfoliosFunds; PROVIDEDprovided, HOWEVERhowever, that no sales shall be confirmed by the Distributor at any time when, according to advice received by the Distributor from a Fund, the officers of the Corporation Trust have for any reason sufficient to them temporarily or permanently suspended or discontinued the sale and issuance of such Fund's Shares. Each sale shall be effected by the Distributor only at the applicable price, plus the applicable sales charge, if any, determined by a Fund in the manner prescribed in its then current Prospectus. The Distributor shall, insofar as they concern it, comply with all applicable laws, rules and regulations including, without limiting the generality of the foregoing, all rules or regulations made or adopted pursuant to Section 22 of the Act by the Securities and Exchange Commission or any securities association registered under the Exchange Act . The Portfolios Funds agree, as long as the Shares may legally be issued, to fill all orders confirmed by the Distributor in accordance with the provisions of this Agreement.

Sale of the Shares. The Distributor is authorized as agent for the ------------------ Portfolios and not as principal, to sell the Shares to other purchasers on such terms as may be provided in the then current Prospectus of the Portfolios; PROVIDEDprovided, HOWEVERhowever, that no sales shall be confirmed by the Distributor at any -------- ------- time when, according to advice received by the Distributor from a Fundthe Trust, the officers of the Corporation Trust have for any reason sufficient to them temporarily or permanently suspended or discontinued the sale and issuance of such FundTrust's Shares. Each sale shall be effected by the Distributor only at the applicable price, plus the applicable sales charge, if any, determined by a Fund the Trust in the manner prescribed in its then current Prospectus. The Distributor shall, insofar as they concern it, comply with all applicable laws, rules and regulations including, without limiting the generality of the foregoing, all rules or regulations made or adopted pursuant to Section 22 of the Act by the Securities and Exchange Commission or any securities association registered under the Exchange Act Act. The Portfolios agree, as long as the Shares may legally be issued, to fill all orders confirmed by the Distributor in accordance with the provisions of this Agreement.

Sale of the Shares. The Distributor is authorized as agent for the Portfolios and not as principal, to sell the Shares to other purchasers on such terms as may be provided in the then current Prospectus of the Portfolios; PROVIDEDprovided, HOWEVERhowever, that no sales shall be confirmed by the Distributor at any time when, according to advice received by the Distributor from a Fund, the officers of the Corporation have for any reason sufficient to them temporarily or permanently suspended or discontinued the sale and issuance of such Fund's Shares. Each sale shall be effected by the Distributor only at the applicable price, plus the applicable sales charge, if any, determined by a Fund in the manner prescribed in its then current Prospectus. The Distributor shall, insofar as they concern it, comply with all applicable laws, rules and regulations including, without limiting the generality of the foregoing, all rules or regulations made or adopted pursuant to Section 22 of the Act by the Securities and Exchange Commission or any securities association registered under the Exchange Act Act. The Portfolios agree, as long as the Shares may legally be issued, to fill all orders confirmed by the Distributor in accordance with the provisions of this Agreement.

Sale of the Shares. The Distributor is authorized as agent for the Portfolios Funds and not as principal, to sell the Shares to other purchasers on such terms as may be provided in the then current Prospectus of the PortfoliosFunds; PROVIDEDprovided, HOWEVERhowever, that no sales shall be confirmed by the Distributor at any time when, according to advice received by the Distributor from a Fund, the officers of the Corporation have for any reason sufficient to them temporarily or permanently suspended or discontinued the sale and issuance of such Fund's Shares. Each sale shall be effected by the Distributor only at the applicable price, plus the applicable sales charge, if any, determined by a Fund in the manner prescribed in its then current Prospectus. The Distributor shall, insofar as they concern it, comply with all applicable laws, rules and regulations including, without limiting the generality of the foregoing, all rules or regulations made or adopted pursuant to Section 22 of the Act by the Securities and Exchange Commission or any securities association registered under the Exchange Act Act. The Portfolios Funds agree, as long as the Shares may legally be issued, to fill all orders confirmed by the Distributor in accordance with the provisions of this Agreement.

Sale of the Shares. The Distributor is authorized as agent for the Portfolios and not as principal, to sell the Shares to other purchasers on such terms as may be provided in the then current Prospectus of the Portfolios; PROVIDED, HOWEVER, that no sales shall be confirmed by the Distributor at any time when, according to advice received by the Distributor from a Fund, the officers of the Corporation Trust have for any reason sufficient to them temporarily or permanently suspended or discontinued the sale and issuance of such Fund's Shares. Each sale shall be effected by the Distributor only at the applicable price, plus the applicable sales charge, if any, determined by a Fund in the manner prescribed in its then current Prospectus. The Distributor shall, insofar as they concern it, comply with all applicable laws, rules and regulations including, without limiting the generality of the foregoing, all rules or regulations made or adopted pursuant to Section 22 of the Act by the Securities and Exchange Commission or any securities association registered under the Exchange Act . The Portfolios agree, as long as the Shares may legally be issued, to fill all orders confirmed by the Distributor in accordance with the provisions of this Agreement.

Sale of the Shares. The Distributor is authorized as agent for the Portfolios Funds and not as principal, to sell the Shares to other purchasers on such terms as may be provided in the then current Prospectus of the PortfoliosFunds; PROVIDED, HOWEVER, that no sales shall be confirmed by the Distributor at any time when, according to advice received by the Distributor from a Fund, the officers of the Corporation Trust have for any reason sufficient to them temporarily or permanently suspended or discontinued the sale and issuance of such Fund's Shares. Each sale shall be effected by the Distributor only at the applicable price, plus the applicable sales charge, if any, determined by a Fund in the manner prescribed in its then current Prospectus. The Distributor shall, insofar as they concern it, comply with all applicable laws, rules and regulations including, without limiting the generality of the foregoing, all rules or regulations made or adopted pursuant to Section 22 of the Act by the Securities and Exchange Commission or any securities association registered under the Exchange Act . The Portfolios Funds agree, as long as the Shares may legally be issued, to fill all orders confirmed by the Distributor in accordance with the provisions of this Agreement.

Sale of the Shares. The Distributor is authorized as agent for the Portfolios and not as principal, to sell the Shares to other purchasers on such terms as may be provided in the then current Prospectus of the Portfolios; PROVIDEDprovided, HOWEVERhowever, that no sales shall be confirmed by the Distributor at any time when, according to advice received by the Distributor from a FundPortfolio, the officers of the Corporation Trust have for any reason sufficient to them temporarily or permanently suspended or discontinued the sale and issuance of such Fund's Portfolio’s Shares. Each sale shall be effected by the Distributor only at the applicable price, plus the applicable sales charge, if any, determined by a Fund Portfolio in the manner prescribed in its then current Prospectus. The Distributor shall, insofar as they concern it, comply with all applicable laws, rules and regulations including, without limiting the generality of the foregoing, all rules or regulations made or adopted pursuant to Section 22 of the Act by the Securities and Exchange Commission or any securities association registered under the Exchange Act Act. The Portfolios agree, as long as the Shares may legally be issued, to fill all orders confirmed by the Distributor in accordance with the provisions of this Agreement.

Sale of the Shares. The Distributor is authorized as agent for the Portfolios Funds and not as principal, to sell the Shares to other purchasers on such terms as may be provided in the then current Prospectus of the PortfoliosFunds; PROVIDED, HOWEVER, that no sales shall be confirmed by the Distributor at any time when, according to advice received by the Distributor from a Fund, the officers of the Corporation Trust have for any reason sufficient to them to temporarily or permanently suspended suspend or discontinued discontinue the sale and issuance of such Fund's Shares. Each sale shall be effected by the Distributor only at the applicable price, plus the applicable sales charge, if any, determined by a Fund in the manner prescribed in its then current Prospectus. The Distributor shall, insofar as they concern it, comply with all applicable laws, rules and regulations including, without limiting the generality of the foregoing, all rules or regulations made or adopted pursuant to Section 22 of the Act by the Securities and Exchange Commission or any securities association registered under the Exchange Act Act. The Portfolios Funds agree, as long as the Shares may legally be issued, to fill all orders confirmed by the Distributor in accordance with the provisions of this Agreement.