Common use of Sales of Securities Clause in Contracts

Sales of Securities. PFPC Trust shall settle sold securities upon receipt of Oral Instructions or Written Instructions that specify: (1) the name of the issuer and the title of the security, including CUSIP number if applicable; (2) the number of shares or principal amount sold, and accrued interest, if any; (3) the date of trade and settlement; (4) the sale price per unit; (5) the total amount payable to the Fund upon such sale; (6) the name of the broker through whom or the person to whom the sale was made; (7) the location to which the security must be delivered and delivery deadline, if any; and (8) the Portfolio involved. PFPC Trust shall deliver the securities upon receipt of the total amount payable to the Portfolio upon such sale, provided that the total amount payable is the same as was set forth in the Oral Instructions or Written Instructions. Notwithstanding anything to the contrary in this Agreement, PFPC Trust may accept payment in such form as is consistent with standard market practice and may deliver assets and arrange for payment in accordance with standard market practice.

Sales of Securities. PFPC Trust shall settle sold securities upon receipt of Oral Instructions or Written Instructions that specify: (1) the name of the issuer and the title of the security, including CUSIP number if applicable; (2) the number of shares or principal amount sold, and accrued interest, if any; (3) the date of trade and settlement; (4) the sale price per unit; (5) the total amount payable to the Fund upon such sale; (6) the name of the broker through whom or the person to whom the sale was made; (7) the location to which the security must be delivered and delivery deadline, if any; and (8) the Portfolio Fund involved. PFPC Trust shall deliver the securities upon receipt of the total amount payable to the Portfolio Fund upon such sale, provided that the total amount payable is the same as was set forth in the Oral Instructions or Written Instructions. Notwithstanding anything to the contrary in this Agreement, PFPC Trust may accept payment in such form as is consistent with standard market practice and may deliver assets and arrange for payment in accordance with standard market practice.

Sales of Securities. PFPC Trust shall settle sold securities upon receipt of Oral Instructions or Written Instructions that specify: (1) the name of the issuer and the title of the security, including CUSIP number if applicable; (2) the number of shares or principal amount sold, and accrued interest, if any; (3) the date of trade and settlement; (4) the sale price per unit; (5) the total amount payable to the Fund upon such sale; (6) the name of the broker through whom or the person to whom the sale was made;; and (7) the location to which the security must be delivered and delivery deadline, if any; and (8) the Portfolio involved. PFPC Trust shall deliver the securities upon receipt of the total amount payable to the Portfolio Fund upon such sale, provided that the total amount payable is the same as was set forth in the Oral Instructions or Written Instructions. Notwithstanding anything to the contrary in this Agreement, PFPC Trust may accept payment in such form as is consistent with standard market practice and may deliver assets and arrange for payment in accordance with standard market practice.

Sales of Securities. PFPC Trust shall settle sold securities upon receipt of Oral Instructions or Written Instructions that specify:specify (to the extent relevant): (1) the name of the issuer and the title of the security, including CUSIP number if applicable; (2) the number of shares or principal amount sold, and accrued interest, if any; (3) the date of trade and settlement; (4) the sale price per unit; (5) the total amount payable to the Fund upon such sale; (6) the name of the broker through whom or the person to whom the sale was made;; and (7) the location to which the security must be delivered and delivery deadline, if any; and (8) the Portfolio involved. PFPC Trust shall deliver the securities upon receipt of the total amount payable to the Portfolio Fund upon such sale, provided that the total amount payable is the same as was set forth in the Oral Instructions or Written Instructions. Notwithstanding anything to the contrary contained in this Agreement, PFPC Trust may accept payment in such form as is consistent with standard market practice and may deliver assets and arrange for payment in accordance with standard market practice.