Common use of Sales and Redemptions Clause in Contracts

Sales and Redemptions. (a) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund may approve, and each Fund shall pay all fees which may be incurred in connection with its qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal laws. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a Fund in accordance with Rule 12b-1 under the 0000 Xxx. (b) The Trust shall have the right to suspend the sale of Shares at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares at any time permitted by the 1940 Act or the rules of the Commission (c) Each Fund reserves the right to reject any order for its Shares. (d) No Shares shall be offered by either a Fund or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each Fund’s obligation to repurchase any Shares from any shareholder in accordance with the provisions of its Prospectus.

Sales and Redemptions. (a) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund may approve, and each the Fund shall pay all fees which may be incurred in connection with its qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal laws. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a the Fund in accordance with Rule 12b-1 under the 0000 Xxx1940 Act. (b) The Trust shall have the right to suspend the sale of Shares at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares at any time permitted by the 1940 Act or the rules of the Commission (c) Each The Fund reserves the right to reject any order for its Shares. (d) No Shares shall be offered by either a the Fund or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a the Fund if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each the Fund’s obligation to repurchase any Shares from any shareholder in accordance with the provisions of its Prospectus.

Sales and Redemptions. (a) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund may approve, and each Fund shall pay all fees which may be incurred in connection with its qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal laws. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a Fund in accordance with Rule 12b-1 under the 0000 1000 Xxx. (b) The Trust shall have the right to suspend the sale of Shares at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares at any time permitted by the 1940 Act or the rules of the Commission (c) Each Fund reserves the right to reject any order for its Shares. (d) No Shares shall be offered by either a Fund or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each Fund’s obligation to repurchase any Shares from any shareholder in accordance with the provisions of its Prospectus.

Sales and Redemptions. (a) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund may approve, and each the Fund shall pay all fees which may be incurred in connection with its qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal laws. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a the Fund in accordance with Rule 12b-1 under the 0000 Xxx. (b) The Trust shall have the right to suspend the sale of Shares at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares at any time permitted by the 1940 Act or the rules of the Commission (c) Each The Fund reserves the right to reject any order for its Shares. (d) No Shares shall be offered by either a the Fund or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a the Fund if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each the Fund’s obligation to repurchase any Shares from any shareholder in accordance with the provisions of its Prospectus.

Sales and Redemptions. (a) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund may approve, and each Fund shall pay all fees which may be incurred in connection with its qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal laws. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a Fund in accordance with Rule 12b-1 under the 0000 Xxx1940 Act. (b) The Trust shall have the right to suspend the sale of Shares at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares at any time permitted by the 1940 Act or the rules of the Commission (c) Each Fund reserves the right to reject any order for its Shares. (d) No Shares shall be offered by either a Fund or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each Fund’s obligation to repurchase any Shares from any shareholder in accordance with the provisions of its Prospectus.

Sales and Redemptions. (a) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund Trust may approve, and each Fund the Trust shall pay all fees which may be incurred in connection with its qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal laws. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be Trust Distribution Plan adopted by a Fund in accordance with Rule 12b-1 under the 0000 Xxxterms of an exemptive order received by the Trust from the U.S. Securities and Exchange Commission (the “Exemptive Order”). (b) The Trust shall have the right to suspend the sale of Shares at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares at any time permitted by the 1940 Act or the rules of the Commission (c) Each Fund The Trust reserves the right to reject any order for its Shares. (d) No Shares shall be offered by either a Fund the Trust or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a the Fund if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act or the 1940 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund the Trust is not on file with the Commission; provided, however, that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each the Fund’s obligation to repurchase any Shares from any shareholder in accordance with the provisions of its Prospectus.

Sales and Redemptions. (a) The Trust shall pay all costs and expenses in connection with the registration of the Shares under the 1933 Act, and all expenses in connection with maintaining facilities for the issue and transfer of the Shares and for supplying information, prices and other data to be furnished by the Trust hereunder, and all expenses in connection with preparing, printing and distributing the Prospectus except as set forth in subsection 2(c) of Section II hereof. (b) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s 's officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund Trust and a Fund the Trust may approve, and each Fund the Trust shall pay all filing fees which may be incurred in connection with its such qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal lawslaws and, except as otherwise specifically provided in this Agreement, all other expenses incurred by the Distributor in connection with the sale of the Shares as contemplated in this Agreement. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may will be paid by the Funds as provided in any plan which may be adopted by a Fund this Agreement and in accordance with Rule 12b-1 under the 0000 XxxPlans relating thereto. (bc) The Trust shall have the right to suspend the sale of Shares of any Fund at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares of any Fund at any time permitted by the 1940 Act or the rules of the CommissionCommission ("Rules"). (cd) Each Fund The Trust reserves the right to reject any order for its Shares. (d) No Shares shall be offered by either a Fund or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each Fund’s obligation to repurchase any Shares from any shareholder in accordance with the provisions of its Prospectus.

Sales and Redemptions. (a) The Trust shall pay all costs and expenses in connection with the registration of the Shares under the 1933 Act, and all expenses in connection with maintaining facilities for the issue and transfer of the Shares and for supplying information, prices and other data to be furnished by the Trust hereunder, and all expenses in connection with preparing, printing and distributing any Prospectus, except as set forth in Section 2.2(c) hereof. (b) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s 's officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund Trust and a Fund the Trust may approve, and each Fund the Trust shall pay all fees which may be incurred in connection with its such qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal lawslaws and, except as otherwise specifically provided in this Agreement, all other expenses incurred by the Distributor in connection with the sale of the Shares as contemplated in this Agreement. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a Fund the Trust in accordance with Rule 12b-1 under the 0000 Xxx1940 Act. (bc) The Trust shall have the right to suspend the sale of Shares at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares at any time permitted by the 1940 Act or the rules of the Commission (cd) Each Fund The Trust reserves the right to reject any order for its Shares. (de) No Shares shall be offered by either a Fund the Trust or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund the Trust if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each Fund’s the Trust's obligation to repurchase any Shares from any shareholder in accordance with the provisions of its the Prospectus.

Sales and Redemptions. (a) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund may approve, and each Fund the Funds shall pay all fees which may be incurred in connection with its qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal laws. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a Fund the Funds in accordance with Rule 12b-1 under the 0000 Xxx1940 Act. (b) The Trust shall have the right to suspend the sale of Shares at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares at any time permitted by the 1940 Act or the rules of the Commission (c) Each Fund reserves The Funds reserve the right to reject any order for its respective Shares. (d) No Shares shall be offered by either a Fund the Funds or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund the Funds if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund Funds is not on file with the Commission; provided, however, that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each Fund’s the Funds’ obligation to repurchase any Shares from any shareholder in accordance with the provisions of its Prospectus.

Sales and Redemptions. (a) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund may approve, and each Fund shall pay all fees which may be incurred in connection with its qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal laws. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a Fund in accordance with Rule 12b-1 under the 0000 Xxx1940 Act. (b) The Trust shall have the right to suspend the sale of Shares at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares at any time permitted by the 1940 Act or the rules of the Commission (c) Each Fund reserves the right to reject any order for its Shares. (d) No Shares shall be offered by either a Fund or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each Fund’s obligation to repurchase any Shares from any shareholder in accordance with the provisions of its Prospectus.

Sales and Redemptions. (a) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund may approve, and each Fund shall pay all fees which may be incurred in connection with its qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal laws. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a Fund in accordance with Rule 12b-1 under the 0000 Xxx. (b) The Trust shall have the right to suspend the sale of Shares at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares at any time permitted by the 1940 Act or the rules of the Commission (c) Each Fund reserves the right to reject any order for its Shares. (d) No Shares shall be offered by either a Fund or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each Fund’s obligation to repurchase any Shares from any shareholder in accordance with the provisions of its Prospectus.

Sales and Redemptions. (a) The Trust shall pay all costs and expenses in connection with the registration of the Shares under the 1933 Act, and all expenses in connection with maintaining facilities for the issue and transfer of the Shares and for supplying information, prices and other data to be furnished by the Trust hereunder, and all expenses in connection with preparing, printing and distributing any Prospectus, except as set forth in subsection 2(c) hereof. (b) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s 's officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund Trust may approve, and each Fund the Trust shall pay all fees which may be incurred in connection with its such qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal lawsFederal laws and, except as otherwise specifically provided in this Contract, all other expenses incurred by the Distributor in connection with the sale of the Shares as contemplated in this Contract. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a Fund the Trust in accordance with Rule 12b-1 12b-l under the 0000 Xxx1940 Act. (bc) The Trust shall have the right to suspend the sale of Shares of any Series at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares of any Series at any time permitted by the 1940 Act or the rules of the Commission. (cd) Each Fund The Trust reserves the right to reject any order for its Shares. (de) No Shares shall be offered by either a Fund the Trust or the Distributor under any of the provisions of this Agreement Contract and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund the Trust if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection sub-paragraph shall in any way restrict or have any application to or bearing upon each Fund’s the Trust's obligation to repurchase any Shares from any shareholder in accordance with the provisions of its the Trust Instrument or Prospectus.

Sales and Redemptions. (a) The Trust shall pay all costs and expenses in connection with the registration of the Shares under the Securities Act, and all expenses in connection with maintaining facilities for the issue and transfer of the Shares and for supplying information, prices and other data to be furnished by the Trust hereunder, and all expenses in connection with preparing, printing and distributing the Prospectuses except as set forth in subsection 2(c) of Section II hereof. (b) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s 's officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund Trust and a Fund the Trust may approve, and each Fund the Trust shall pay all filing fees which may be incurred in connection with its such qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal lawslaws and, except as otherwise specifically provided in this Agreement, all other expenses incurred by the Distributor in connection with the sale of the Shares as contemplated in this Agreement. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may will be paid by the Funds as provided in any plan which may be adopted by a Fund this Agreement and in accordance with Rule 12b-1 under the 0000 XxxPlans relating thereto. (bc) The Trust shall have the right to suspend the sale of Shares of any Fund at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares of any Fund at any time permitted by the 1940 Act or the rules of the CommissionSEC ("Rules"). (cd) Each Fund The Trust reserves the right to reject any order for its Shares. (d) No Shares shall be offered by either a Fund or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each Fund’s obligation to repurchase any Shares from any shareholder in accordance with the provisions of its Prospectus.

Sales and Redemptions. (a) The Trust shall pay all costs and expenses in connection with the registration of the Shares under the Securities Act, and all expenses in connection with maintaining facilities for the issue and transfer of the Shares and for supplying information, prices and other data to be furnished by the Trust hereunder, and all expenses in connection with preparing, printing and distributing the Prospectus except as set forth in subsection 2(c) of Section II hereof. (b) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s 's officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund Trust and a Fund the Trust may approve, and each Fund the Trust shall pay all filing fees which may be incurred in connection with its such qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal lawslaws and, except as otherwise specifically provided in this Agreement, all other expenses incurred by the Distributor in connection with the sale of the Shares as contemplated in this Agreement. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may will be paid by the Funds as provided in any plan which may be adopted by a Fund this Agreement and in accordance with Rule 12b-1 under the 0000 XxxPlans relating thereto. (bc) The Trust shall have the right to suspend the sale of Shares of any Fund at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares of any Fund at any time permitted by the 1940 Act or the rules of the CommissionSEC ("Rules"). (cd) Each Fund The Trust reserves the right to reject any order for its Shares. (d) No Shares shall be offered by either a Fund or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each Fund’s obligation to repurchase any Shares from any shareholder in accordance with the provisions of its Prospectus.

Sales and Redemptions. (a) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s 's officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund may approve, and each Fund shall pay all fees which may be incurred in connection with its qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal laws. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a Fund in accordance with Rule 12b-1 under the 0000 Xxx1940 Act. (b) The Trust shall xxxxx have the right to suspend the sale of Shares at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares at any time permitted by the 1940 Act or the rules of the Commission (c) Each Fund reserves the right to reject any order for its Shares. (d) No Shares shall be offered by either a Fund or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each Fund’s 's obligation to repurchase any Shares from any shareholder in accordance with the provisions of its Prospectus.

Sales and Redemptions. (a) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s 's officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund may approve, and each Fund shall pay all fees which may be incurred in connection with its qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal laws. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a Fund in accordance with Rule 12b-1 12b-l under the 0000 Xxx. (b) The Trust shall have the right to suspend the sale of Shares at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares at any time permitted by the 1940 Act or the rules of the Commission (c) Each Fund reserves the right to reject any order for its Shares. (d) No Shares shall be offered by either a Fund or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each Fund’s 's obligation to repurchase any Shares from any shareholder in accordance with the provisions of its Prospectus.

Sales and Redemptions. (a) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s 's officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund may approve, and each Fund shall pay all fees which may be incurred in connection with its qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal laws. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a Fund in accordance with Rule 12b-1 under the 0000 Xxx1940 Act. (b) The Trust shall have sxxxx xxxe the right to suspend the sale of Shares at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares at any time permitted by the 1940 Act or the rules of the Commission (c) Each Fund reserves the right to reject any order for its Shares. (d) No Shares shall be offered by either a Fund or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each Fund’s 's obligation to repurchase any Shares from any shareholder in accordance with the provisions of its Prospectus.

Sales and Redemptions. (a) The Trust shall pay all costs and expenses in connection with the registration of the Shares under the 1933 Act, and all expenses in connection with maintaining facilities for the issue and transfer of the Shares and for supplying information, prices and other data to be furnished by the Trust hereunder, and all expenses in connection with preparing, printing and distributing any Prospectus, except as set forth in subsection 2(c) hereof. (b) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s 's officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund Trust may approve, and each Fund the Trust shall pay all fees which may be incurred in connection with its such qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal lawsFederal laws and, except as otherwise specifically provided in this Agreement, all other expenses incurred by the Distributor in connection with the sale of the Shares as contemplated in this Agreement. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a Fund the Trust in accordance with Rule 12b-1 under the 0000 Xxx1940 Act. (bc) The Trust shall have the right to suspend the sale of Shares of any Series at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares of any Series at any time permitted by the 1940 Act or the rules of the Commission. (cd) Each Fund The Trust reserves the right to reject any order for its Shares. (de) No Shares shall be offered by either a Fund the Trust or the Distributor under any of the provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund the Trust if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection sub-paragraph shall in any way restrict or have any application to or bearing upon each Fund’s the Trust's obligation to repurchase any Shares from any shareholder in accordance with the provisions of its the Trust Instrument or Prospectus.

Sales and Redemptions. (a) The Trust shall pay all costs and expenses in connection with the registration of the Shares under the 1933 Act, and all expenses in connection with maintaining facilities for the issue and transfer of the Shares and for supplying information, prices and other data to be furnished by the Trust hereunder, and all expenses in connection with preparing, printing and distributing any Prospectus, except as set forth in Section 2.2(c) hereof. (b) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s 's officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund Trust and a Fund the Trust may approve, and each Fund the Trust shall pay all fees which may be incurred in connection with its such qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal lawslaws and, except as otherwise specifically provided in this Agreement, all other expenses incurred by the Distributor in connection with the sale of the Shares as contemplated in this Agreement. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a Fund the Trust in accordance with Rule 12b-1 12b- I under the 0000 Xxx1940 Act. (bc) The Trust shall have the right to suspend the sale of Shares at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares at any time permitted by the 1940 Act or the rules of the Commission (cd) Each Fund The Trust reserves the right to reject any order for its Shares. (de) No Shares shall be offered by either a Fund the Trust or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund the Trust if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each Fund’s the Trust's obligation to repurchase any Shares from any shareholder in accordance with the provisions of its the Prospectus.

Sales and Redemptions. (a) The Trust shall pay all costs and expenses in connection with the registration of the Shares under the 1933 Act, and all expenses in connection with maintaining facilities for the issue and transfer of the Shares and for supplying information, prices and other data to be furnished by the Trust hereunder, and all expenses in connection with preparing, printing and distributing any Prospectus, except as set forth in subsection 2(c) hereof. (b) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s 's officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund Trust may approve, and each Fund the Trust shall pay all fees which may be incurred in connection with its such qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal lawsFederal laws and, except as otherwise specifically provided in this Agreement, all other expenses incurred by the Distributor in connection with the sale of the Shares as contemplated in this Agreement. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a Fund the Trust in accordance with Rule 12b-1 12b-l under the 0000 Xxx1940 Act. (bc) The Trust shall have the right to suspend the sale of Shares of any Series at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares of any Series at any time permitted by the 1940 Act or the rules of the Commission. (cd) Each Fund The Trust reserves the right to reject any order for its Shares. (de) No Shares shall be offered by either a Fund the Trust or the Distributor under any of the provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund the Trust if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection sub-paragraph shall in any way restrict or have any application to or bearing upon each Fund’s the Trust's obligation to repurchase any Shares from any shareholder in accordance with the provisions of its the Trust Instrument or Prospectus.

Sales and Redemptions. (a) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s 's officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund may approve, and each Fund shall pay all fees which may be incurred in connection with its qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal laws. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a Fund in accordance with Rule 12b-1 under the 0000 Xxx1940 Act. (b) The Trust shall have xxxxx xave the right to suspend the sale of Shares at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares at any time permitted by the 1940 Act or the rules of the Commission (c) Each Fund reserves the right to reject any order for its Shares. (d) No Shares shall be offered by either a Fund or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each Fund’s 's obligation to repurchase any Shares from any shareholder in accordance with the provisions of its Prospectus.

Sales and Redemptions. (a) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s 's officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund may approve, and each Fund shall pay all fees which may be incurred in connection with its qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal laws. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a Fund in accordance with Rule 12b-1 under the 0000 Xxx1940 Act. (b) The Trust shall Truxx xxxxx have the right to suspend the sale of Shares at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares at any time permitted by the 1940 Act or the rules of the Commission. (c) Each Fund reserves the right to reject any order for its Shares. (d) No Shares shall be offered by either a Fund or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, -------- ------- that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each Fund’s 's obligation to repurchase any Shares from any shareholder in accordance with the provisions of its Prospectus.

Sales and Redemptions. (a) The Trust shall pay all costs and expenses in connection with the registration of the Shares under the 1933 Act, and all expenses in connection with maintaining facilities for the issue and transfer of the Shares and for supplying information, prices and other data to be furnished by the Trust hereunder, and all expenses in connection with preparing, printing and distributing any Prospectus, except as set forth in subsection 2(c) hereof. (b) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s 's officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund Trust may approve, and each Fund the Trust shall pay all fees which may be incurred in connection with its such qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal lawsFederal laws and, except as otherwise specifically provided in this Agreement, all other expenses incurred by the Distributor in connection with the sale of the Shares as contemplated in this Agreement. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a Fund the Trust in accordance with Rule 12b-1 12b-I under the 0000 Xxx1940 Act. (bc) The Trust shall have the right to suspend the sale of Shares of any Series at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares of any Series at any time permitted by the 1940 Act or the rules of the Commission. (cd) Each Fund The Trust reserves the right to reject any order for its Shares. (de) No Shares shall be offered by either a Fund the Trust or the Distributor under any of the provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund the Trust if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection sub-paragraph shall in any way restrict or have any application to or bearing upon each Fund’s the Trust's obligation to repurchase any Shares from any shareholder in accordance with the provisions of its the Trust Instrument or Prospectus.

Sales and Redemptions. (a) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s 's officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund may approve, and each Fund shall pay all fees which may be incurred in connection with its qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal laws. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a Fund in accordance with Rule 12b-1 under the 0000 Xxx. (b) The Trust shall have the right to suspend the sale of Shares at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares at any time permitted by the 1940 Act or the rules of the Commission (c) Each Fund reserves the right to reject any order for its Shares. (d) No Shares shall be offered by either a Fund or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, ------------------ that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each Fund’s 's obligation to repurchase any Shares from any shareholder in accordance with the provisions of its Prospectus.

Sales and Redemptions. (a) The Fund shall pay all costs and expenses in connection with the registration of the Shares under the 1933 Act, and all expenses in connection with maintaining facilities for the issue and transfer of the Shares and for supplying information, prices and other data to be furnished by the Trust hereunder, and all expenses in connection with preparing, printing and distributing the Prospectuses except as set forth in Section 2.2(c) hereof. (b) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s 's officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund Trust and a Fund the Trust may approve, and each Fund the Trust shall pay all filing fees which may be incurred in connection with its such qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal laws. It is understood laws and, except as otherwise specifically provided in this agreement, all other expenses incurred by the Distributor in connection with the sale of the Shares as contemplated in this Agreement; Provided, however, that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may in the sole discretion of the Trust be adopted by a Fund in accordance with Rule 12b-1 under the 0000 Xxx1940 Act. (bc) The Trust shall have the right to suspend the sale of Shares sales of any Fund at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption redemptions of Shares of any Fund at any time permitted by the 1940 Act or the rules of the CommissionCommission ("Rules"). (cd) Each Fund The Trust reserves the right to reject any order for its Shares, but will not do so arbitrarily or without reasonable cause. (d) No Shares shall be offered by either a Fund or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each Fund’s obligation to repurchase any Shares from any shareholder in accordance with the provisions of its Prospectus.

Sales and Redemptions. (a) The Trust shall pay all costs and expenses in connection with the registration of the Shares under the 1933 Act, and all expenses in connection with maintaining facilities for the issue and transfer of the Shares and for supplying information, prices and other data to be furnished by the Trust hereunder, and all expenses in connection with preparing, printing and distributing any Prospectus, except as set forth in subsection 2(d) hereof. (b) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s 's officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund Trust may approve, and each Fund the Trust shall pay all fees which may be incurred in connection with its such qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal lawsFederal laws and, except as otherwise specifically provided in this Agreement, all other expenses incurred by the Distributor in connection with the sale of the Shares as contemplated in this Agreement. It is understood that certain advertising, marketing, shareholder servicing, administration and/or and / or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a Fund the Trust in accordance with Rule 12b-1 12b-l under the 0000 Xxx1940 Act. (bc) The Trust shall have the right to suspend the sale of Shares of any Series at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares of any Series at any time permitted by the 1940 Act or the rules of the Commission. (cd) Each Fund The Trust reserves the right to reject any order for its Shares. (de) No Shares shall be offered by either a Fund the Trust or the Distributor under any of the provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund the Trust if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection sub-paragraph shall in any way restrict or have any application to or bearing upon each Fund’s the Trust's obligation to repurchase any Shares from any shareholder in accordance with the provisions of its the Trust Instrument or Prospectus.

Sales and Redemptions. (a) The Trust shall execute all documents, furnish all information and otherwise take all actions which may be reasonably necessary in the discretion of the Trust’s officers in connection with the qualification of the Shares for sale in such states as the Distributor may designate to the a Fund and a Fund may approve, and each Fund shall pay all fees which may be incurred in connection with its qualification. The Distributor shall pay all expenses connected with its qualification as a dealer under state or federal laws. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid as provided in any plan which may be adopted by a Fund in accordance with Rule 12b-1 under the 0000 1000 Xxx. (b) The Trust shall have the right to suspend the sale of Shares at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of Shares at any time permitted by the 1940 Act or the rules of the Commission (c) Each Fund reserves the right to reject any order for its Shares. (d) No Shares shall be offered by either a Fund or the Distributor under any provisions of this Agreement and no orders for the purchase or sale of Shares hereunder shall be accepted by a Fund if and so long as the effectiveness of the Registration Statement shall be suspended under any of the provisions of the 1933 Act, or if and so long as a Prospectus as required by Section 10 of the 1933 Act for such Fund is not on file with the Commission; provided, however, that nothing contained in this subsection shall in any way restrict or have any application to or bearing upon each Fund’s obligation to repurchase any Shares from any shareholder in accordance with the provisions of its Prospectus.