Common use of Timeliness of Submitting Orders Clause in Contracts

Timeliness of Submitting Orders. a. 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. b. You confirm that your firm has policies and procedures in place to ensure that only those orders received by your firm by 4:00 p.m. Eastern Time on any business day will be submitted to us to receive that business day’s price. Orders received by you after 4:00 p.m. Eastern Time must be executed at the price next determined after the order was received by you.

Timeliness of Submitting Orders. a. 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. b. You confirm that your firm has you have policies and procedures in place to ensure that only those orders received by your firm you by 4:00 p.m. Eastern Time on any business day will be submitted to us to receive that business day’s price. Orders received by you after 4:00 p.m. Eastern Time must be executed at the price next determined after the order was received by you.

Timeliness of Submitting Orders. a. 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. b. You confirm that your firm has you have policies and procedures in place to ensure that only those orders received by your firm you by 4:00 p.m. Eastern Time on any business day will be submitted to us to receive that business day’s price. Orders received by you after 4:00 p.m. Eastern Time must be executed at the price next determined after the order was received by you.