Common use of Sale of Trust Shares Clause in Contracts

Sale of Trust Shares. 1.1 The Distributor agrees, subject to the Trust's rights under Section 1.2 and otherwise under this Agreement, to sell to the Company those Trust shares representing interests in Authorized Funds which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Trust or its designee of the order for the shares of the Trust. For purposes of this Section 1.1, the Company shall be the designee of the Trust for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Trust; provided that the Trust receives notice of such order by 10:00 a.m., Eastern Time, on the next following Business Day. "

Sale of Trust Shares. 1.1 1.1. The Distributor agrees, subject to the Trust's rights under Section 1.2 and otherwise under this Agreement, to sell to the Company those Trust shares representing interests in Authorized Funds which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Trust or its designee of the order for the shares of the Trust. For purposes of this Section 1.1, the Company shall be the designee of the Trust for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Trust; provided that the Trust receives notice of such order by 10:00 a.m., Eastern Timetime, on the next following Business Day. "

Sale of Trust Shares. 1.1 The Distributor Underwriter agrees, subject to the Trust's rights under Section 1.2 and otherwise under this Agreement, to sell to the Company those Trust shares representing interests in Authorized Funds which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Trust or its designee of the order for the shares of the Trust. For purposes of this Section 1.1, the Company shall be the designee of the Trust for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Trust; provided that the Trust receives notice of such order by 10:00 a.m., 9:30 a.m. Eastern Time, time on the next following Business Day. "

Sale of Trust Shares. 1.1 1.1. The Distributor agrees, subject to the Trust's rights under Section 1.2 and otherwise under this Agreement, to sell to the Company those Trust shares representing interests in Authorized Funds which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Trust or its designee of the order for the shares of the Trust. For purposes of this Section 1.11. 1, the Company shall be the designee of the Trust for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Trust; provided that the Trust receives notice of such order by 10:00 a.m., a.m. Eastern Time, time on the next following Business Day. "

Sale of Trust Shares. 1.1 The Distributor agrees, subject to the Trust's ’s rights under Section 1.2 and otherwise under this Agreement, to sell to the Company those Trust shares representing interests in Authorized Funds which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Trust or its designee of the order for the shares of the Trust. For purposes of this Section 1.1, the Company shall be the designee of the Trust for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Trust; provided that the Trust receives notice of such order by 10:00 a.m., Eastern Time, on the next following Business Day. "“

Sale of Trust Shares. 1.1 The Distributor Underwriter agrees, subject to the Trust's ’s rights under Section 1.2 and otherwise under this Agreement, to sell to the Company those Trust shares representing interests in Authorized Funds which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Trust or its designee of the order for the shares of the Trust. For purposes of this Section 1.1, the Company shall be the designee of the Trust for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Trust; provided that the Trust receives notice of such order by 10:00 a.m., 9:30 a.m. Eastern Time, time on the next following Business Day. "“

Sale of Trust Shares. 1.1 1.1. The Distributor agrees, subject to the Trust's rights under Section 1.2 and otherwise under this Agreement, Trust agrees to sell to the Company Companies those Trust shares representing interests in Authorized Funds which of the Designated Portfolios that each Account or the appropriate subaccount of each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt and acceptance by the Trust or its designee of the order for the shares of the Trust. For purposes of this Section 1.1, the Company shall Companies will be the designee designees of the Trust for receipt of such orders from each Account or the appropriate subaccount of each Account and receipt by such designee shall will constitute receipt by the Trust; provided that the Trust receives notice of such order by 10:00 a.m., a.m. Eastern Time, Time on the next following Business Daybusiness day ("T+1"). "

Sale of Trust Shares. 1.1 1.1. The Distributor agrees, subject to the Trust's rights under Section 1.2 1.3 and otherwise under terms of this Agreement, to sell to the Company those Trust shares representing interests in Authorized Funds the Designated Portfolios which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt and acceptance by the Trust or its designee of the order for the shares of the Trust. For purposes of this Section 1.1, the Company shall will be the designee of the Trust for receipt of such orders from each Account and receipt by such designee shall will constitute receipt by the Trust; , provided that the Trust receives notice of such order orders by 10:00 a.m., 9:30 a.m. Eastern Time, Time on the next following Business Day. "

Sale of Trust Shares. 1.1 The Distributor Underwriter agrees, subject to the Trust's ’s rights under Section 1.2 and otherwise other­wise under this Agreement, to sell to the Company those Trust shares representing interests in Authorized Funds which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Trust or its designee of the order for the shares of the Trust. For purposes of this Section 1.1, the Company shall be the designee of the Trust for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Trust; provided that the Trust receives notice of such order by 10:00 a.m., 9:30 a.m. Eastern Time, time on the next following Business Day. "“

Sale of Trust Shares. 1.1 The Distributor Underwriter agrees, subject to the Trust's rights under Section 1.2 and otherwise under this Agreement, to sell to the Company those Trust shares representing interests in Authorized Funds which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Trust or its designee of the order for the shares of the Trust. For purposes of this Section 1.11, 1, the Company shall be the designee of the Trust for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Trust; provided that the Trust receives notice of such order by 10:00 a.m., a.m. Eastern Time, time on the next following Business Day. . "

Sale of Trust Shares. 1.1 1.1. The Distributor agrees, subject to the Trust's rights under Section 1.2 and 1.2.and otherwise under this Agreement, to sell to the Company those Trust shares representing interests in Authorized Funds which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Trust or its designee of the order for the shares of the Trust. For purposes of this Section 1.1, the Company shall will be the designee of the Trust for receipt of such orders from each Account and receipt by such designee shall will constitute receipt by the Trust; provided that the Trust receives notice of such order by 10:00 a.m., a.m. Eastern Time, Time on the next following Business Daybusiness day. "

Sale of Trust Shares. 1.1 The Distributor Underwriter agrees, subject to the Trust's ’s rights under Section 1.2 1 .2 and otherwise under this Agreement, to sell to the Company those Trust shares representing interests in Authorized Funds which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Trust or its designee of the order for the shares of the Trust. For purposes of this Section 1.11 .1, the Company shall be the designee of the Trust for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Trust; provided that the Trust receives notice of such order by 10:00 a.m., 9:30 a.m. Eastern Time, time on the next following Business Day. "“

Sale of Trust Shares. 1.1 1.1. The Distributor agrees, subject to the Trust's Trusts' rights under Section 1.2 and otherwise under this Agreement, to sell to the Company those Trust shares representing interests in Authorized Funds funds which each Account orders, executing such orders on a daily basis at the net asset value next computed after receipt by the Trust or its designee of the order for the shares of the Trust. For purposes of this Section 1.1, the Company shall will be the designee of the Trust for receipt of such orders from each Account and receipt by such designee shall will constitute receipt by the Trust; provided that the Trust receives notice of such order by 10:00 a.m., Eastern Timetime, on the next following Business Day. "