Sales of Shares by the Fund Sample Clauses

Sales of Shares by the Fund. The Fund reserves the right to issue shares at any time directly to its shareholders as a stock dividend or stock split and to sell shares to its shareholders or to other persons approved by Xxxxxx at not less than net asset value.
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Sales of Shares by the Fund. The rights granted to the Distributor shall be nonexclusive in that the Fund reserves the right to sell Shares to investors on applications received and accepted by the Fund.
Sales of Shares by the Fund. The Fund reserves the right to issue or sell Shares of the Portfolio(s) directly to the public at any time.
Sales of Shares by the Fund. The Distributor will promptly transmit any orders received by it for purchase or exchange of the Shares to the Fund’s transfer agent. In addition to sales by the Distributor, the Fund reserves the right to issue shares at any time directly to its shareholders as a stock dividend or stock split or to sell shares to its shareholders or other persons at not less than net asset value to the extent that the Fund, its officers, or other persons associated with the Fund that participate in the sale, or to the extent that the Fund or its transfer agent for its Shares receive purchase requests for Shares.

Related to Sales of Shares by the Fund

  • Basis of Purchases and Sales of Shares Xxxxxx will use its best efforts to place shares sold by it on an investment basis. Xxxxxx does not agree to sell any specific number of shares. Shares will be sold by Xxxxxx only against orders therefor. Xxxxxx will not purchase shares from anyone other than the Fund except in accordance with Section 5, and will not take “long” or “short” positions in shares contrary to the Agreement and Declaration of Trust of the Fund.

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