Common use of Timeliness of Submitting Orders Clause in Contracts

Timeliness of Submitting Orders. You are obliged to date and indicate the time of receipt of all orders you receive from your customers and to transmit promptly all orders to us in time to provide for processing at the price next determined after receipt by you, in accordance with the Prospectuses. You are not to withhold placing with us orders received from any customers for the purchase of shares. You shall not purchase shares through us except for the purpose of covering purchase orders already received by you, or for your bona fide investment.

Appears in 95 contracts

Samples: Principal Underwriting Agreement (American Funds Multi-Sector Income Fund), Principal Underwriting Agreement (American Funds Strategic Bond Fund), Principal Underwriting Agreement (Investment Co of America)

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Timeliness of Submitting Orders. You are obliged to date and indicate the time of receipt of all orders you receive from your customers clients and to transmit promptly all orders to us in time to provide for processing at the price next determined after receipt by you, in accordance with the Prospectuses. You are not to withhold placing with us orders received from any customers for the purchase of sharesShares. You shall not purchase shares Shares through us except for the purpose of covering purchase orders already received by you, or for your bona fide investment.

Appears in 77 contracts

Samples: Principal Underwriting Agreement (American Funds Multi-Sector Income Fund), Principal Underwriting Agreement (Bond Fund of America), Principal Underwriting Agreement (American Funds Emerging Markets Bond Fund)

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Timeliness of Submitting Orders. You are obliged to date and indicate the time of receipt of all orders you receive from your customers and to transmit promptly all orders to us in time to provide for processing at the price next determined after receipt by you, in accordance with the Prospectuses. You are not to withhold placing with us orders received from any customers for the purchase of sharesShares. You shall not purchase shares Shares through us except for the purpose of covering purchase orders already received by you, or for your bona fide investment.

Appears in 50 contracts

Samples: Principal Underwriting Agreement (American Funds Multi-Sector Income Fund), Principal Underwriting Agreement (American Funds Strategic Bond Fund), Principal Underwriting Agreement (Investment Co of America)

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