Common use of Settlement and Delivery for Purchases Clause in Contracts

Settlement and Delivery for Purchases. Transactions shall be settled by Dealer by payment in federal funds of the full purchase price to the Fund’s transfer agent in accordance with applicable procedures. Payment for Shares shall be received by the Fund’s transfer agent by the later of (a) the end of the third business day following Dealer’s receipt of the Customer’s order to purchase such Shares or (b) the end of one business day following Dealer’s receipt of the Customer’s payment for such Shares, but in no event later than the end of the sixth business day following Dealer’s receipt of the Customer’s order. If such payment is not received within the time specified, the sale may be canceled forthwith without any responsibility or liability on Quasar’s part or on the part of the Funds to Dealer or its Customers. In addition, Dealer will be responsible to the Fund and/or Quasar for any losses suffered on the transaction.

Settlement and Delivery for Purchases. Transactions shall be settled by Dealer by payment in federal funds of the full purchase price to the Fund’s 's transfer agent in accordance with applicable procedures. Payment for Shares shall be received by the Fund’s 's transfer agent by the later of (a) the end of the third business day following Dealer’s 's receipt of the Customer’s 's order to purchase such Shares or (b) the end of one business day following Dealer’s 's receipt of the Customer’s 's payment for such Shares, but in no event later than the end of the sixth business day following Dealer’s 's receipt of the Customer’s 's order. If such payment is not received within the time specified, the sale may be canceled forthwith without any responsibility or liability on Quasar’s 's part or on the part of the Funds to Dealer or its Customers. In addition, Dealer will be responsible to the Fund and/or Quasar for any losses suffered on the transaction.

Settlement and Delivery for Purchases. Transactions shall be settled by Dealer by payment in federal Federal funds of the full purchase price to the Fund’s Funds’ transfer agent in accordance with applicable procedures. Payment for Shares shall be received by the Fund’s Funds’ transfer agent by the later of (a) the end of the third business day following Dealer’s receipt of the Customer’s order to purchase such Shares or (b) the end of one business day following Dealer’s receipt of the Customer’s payment for such Shares, but in no event later than the end of the sixth business day following Dealer’s receipt of the Customer’s order. If such payment is not received within the time specified, the sale may be canceled forthwith without any responsibility or liability on Quasar’s part or on the part of the Funds to Dealer or its Customers. In addition, Dealer will be responsible to the Fund and/or Quasar for any losses suffered on the transaction.

Settlement and Delivery for Purchases. Transactions shall be settled by Dealer by payment in federal funds of the full purchase price to the Fund’s transfer agent in accordance with applicable procedures. Payment for Shares shall be received by the Fund’s transfer agent by the later of (a) the end of the third business day following Dealer’s receipt of the Customer’s order to purchase such Shares or (b) the end of one business day following Dealer’s receipt of First American 4/8/2021 2 the Customer’s payment for such Shares, but in no event later than the end of the sixth business day following Dealer’s receipt of the Customer’s order. If such payment is not received within the time specified, the sale may be canceled forthwith without any responsibility or liability on Quasar’s part or on the part of the Funds to Dealer or its Customers. In addition, Dealer will be responsible to the Fund and/or Quasar for any losses suffered on the transaction.

Settlement and Delivery for Purchases. Transactions shall be settled by Dealer by payment in federal Federal funds of the full purchase price to the Fund’s Funds' transfer agent in accordance with applicable procedures. Payment for Shares shall be received by the Fund’s Funds' transfer agent by the later of (a) the end of the third business day following Dealer’s 's receipt of the Customer’s 's order to purchase such Shares or (b) the end of one business day following Dealer’s 's receipt of the Customer’s 's payment for such Shares, but in no event later than the end of the sixth business day following Dealer’s 's receipt of the Customer’s 's order. If such payment is not received within the time specified, the sale may be canceled forthwith without any responsibility or liability on Quasar’s 's part or on the part of the Funds to Dealer or its Customers. In addition, Dealer will be responsible to the Fund and/or Quasar for any losses suffered on the transaction.

Settlement and Delivery for Purchases. Transactions shall be settled by Dealer by payment in federal funds of the full purchase price to the Fund’s 's transfer agent in accordance with applicable procedures. Payment for Shares shall be received by the Fund’s 's transfer agent by the later of (a) the end of the third business day following Dealer’s 's receipt of the Customer’s 's order to purchase such Shares or (b) the end of one business day following Dealer’s Xxxxxx's receipt of the Customer’s 's payment for such Shares, but in no event later than the end of the sixth business day following Dealer’s Xxxxxx's receipt of the Customer’s 's order. If such payment is not received within the time specified, the sale may be canceled forthwith without any responsibility or liability on Quasar’s Vigilant's part or on the part of the Funds Fund to Dealer or its Customers. In addition, Dealer will be responsible to the Fund and/or Quasar Vigilant for any losses suffered on the transaction.

Settlement and Delivery for Purchases. Transactions shall be settled by Dealer Company by payment in federal funds of the full purchase price to the Fund’s transfer agent in accordance with applicable procedures. Payment for Shares shall be received by the Fund’s transfer agent by the later of (a) the end of the third business day following DealerCompany’s receipt of the Customer’s order to purchase such Shares or (b) the end of one business day following DealerCompany’s receipt of the Customer’s payment for such Shares, but in no event later than the end of the sixth business day following DealerCompany’s receipt of the Customer’s order. If such payment is not received within the time specified, the sale may be canceled forthwith without any responsibility or liability on QuasarDistributor’s part or on the part of the Funds to Dealer Company or its Customers. In addition, Dealer Company will be responsible to the Fund and/or Quasar Distributor for any losses suffered on the transaction.

Settlement and Delivery for Purchases. Transactions shall be settled by the Dealer by payment in federal Federal funds of the full purchase price to the Fund’s 's transfer agent in accordance with applicable procedures. Payment for Shares shall be received by the Fund’s 's transfer agent by the later of (a) the end of the third business day following the Dealer’s 's receipt of the Customer’s 's order to purchase such Shares or (b) the end of one business day following the Dealer’s 's receipt of the Customer’s 's payment for such Shares, but in no event later than the end of the sixth business day following the Dealer’s 's receipt of the Customer’s 's order. If such payment is not received within the time specified, the sale may be canceled forthwith without any responsibility or liability on Quasar’s 's part or on the part of the Funds to the Dealer or its Customers. In addition, Dealer will be responsible to the Fund and/or Quasar for any losses suffered on the transaction.

Settlement and Delivery for Purchases. Transactions shall be settled by Dealer by payment in federal funds of the full purchase price to the Fund’s transfer agent in accordance First American 12/31/2010 2 with applicable procedures. Payment for Shares shall be received by the Fund’s transfer agent by the later of (a) the end of the third business day following Dealer’s receipt of the Customer’s order to purchase such Shares or (b) the end of one business day following Dealer’s receipt of the Customer’s payment for such Shares, but in no event later than the end of the sixth business day following Dealer’s receipt of the Customer’s order. If such payment is not received within the time specified, the sale may be canceled forthwith without any responsibility or liability on Quasar’s part or on the part of the Funds to Dealer or its Customers. In addition, Dealer will be responsible to the Fund and/or Quasar for any losses suffered on the transaction.