Common use of Transaction Conditions Clause in Contracts

Transaction Conditions. Dealer agrees: (a) To purchase Shares only from either Trust through Distributor or only from Dealer’s customers. (b) To purchase Shares from either Trust only for the purpose of covering purchase orders already received or for Dealer’s bona fide investment. (c) That Dealer will not purchase any Shares from Dealer’s customers at prices lower than the redemption or repurchase net asset values next determined by the Fund. If Dealer acts as principal for its own account in purchasing shares for resale to Distributor, Dealer agrees to pay its customer not less than the price that it receives from Distributor. If Dealer acts as agent for its customer in selling shares to Distributor, Dealer agrees not to charge its customer more than a fair commission or fee for handling the transaction, except that Dealer agrees to receive no compensation of any kind based on the reinvestment of redemption or repurchase proceeds pursuant to the repurchase privilege, as described in the applicable then current Prospectuses. (d) That Dealer will not intentionally withhold placing customers’ orders for Shares so as to profit Dealer as a result of such withholding.

Transaction Conditions. Dealer agrees: (a) To purchase Shares only from either a Trust through Distributor or only from Dealer’s customers. (b) To purchase Shares from either a Trust only for the purpose of covering purchase orders already received or for Dealer’s bona fide investment. (c) That Dealer will not purchase any Shares from Dealer’s customers at prices lower than the redemption or repurchase net asset values next determined by the Fund. If Dealer acts as principal for its own account in purchasing shares for resale to Distributor, Dealer agrees to pay its customer not less than the price that it receives from Distributor. If Dealer acts as agent for its customer in selling shares to Distributor, Dealer agrees not to charge its customer more than a fair commission or fee for handling the transaction, except that Dealer agrees to receive no compensation of any kind based on the reinvestment of redemption or repurchase proceeds pursuant to the repurchase privilege, as described in the applicable then current Prospectuses. (d) That Dealer will not intentionally withhold placing customers’ orders for Shares so as to profit Dealer as a result of such withholding.

Transaction Conditions. Dealer agrees: (a) To purchase Shares only from either a Trust through Distributor or only from Dealer’s customers. (b) To purchase Shares from either a Trust only for the purpose of covering purchase orders already received or for Dealer’s bona fide investment. (c) That Dealer will not purchase any Shares from Dealer’s customers at prices lower than the redemption or repurchase net asset values next determined by the Fund. If Dealer acts as principal for its own account in purchasing shares for resale to Distributor, Dealer agrees to pay its customer not less than the price that it receives from Distributor. If Dealer acts as agent for its customer in selling shares to Distributor, Dealer agrees not to charge its customer more than a fair commission or fee for handling the transaction, except that Dealer agrees to receive no compensation of any kind based on the reinvestment of redemption or repurchase proceeds pursuant to the repurchase privilege, as described in the applicable then current Prospectuses. (d) That Dealer will not intentionally withhold placing customers’ orders for Shares so as to profit Dealer as a result of such withholding.

Transaction Conditions. Dealer agrees: (a) To purchase Shares only from either Trust the Trust(s) through Distributor or only from Dealer’s customers. (b) To purchase Shares from either Trust the Trust(s) only for the purpose of covering purchase orders already received or for Dealer’s bona fide investment. (c) That Dealer will not purchase any Shares from Dealer’s customers at prices lower than the redemption or repurchase net asset values next determined by the FundTrust(s). If Dealer acts as principal for its own account in purchasing shares for resale to Distributor, Dealer agrees to pay its customer not less than the price that it receives from Distributor. If Dealer acts as agent for its customer in selling shares to Distributor, Dealer agrees not to charge its customer more than a fair commission or fee for handling the transaction, except that Dealer agrees to receive no compensation of any kind based on the reinvestment of redemption or repurchase proceeds pursuant to the repurchase privilege, as described in the applicable then then-current Prospectuses. (d) That Dealer will not intentionally withhold placing customers’ orders for Shares so as to profit Dealer as a result of such withholding.

Transaction Conditions. Dealer agrees: (a) To purchase Shares only from either Trust the Trust(s) through Distributor or only from Dealer’s customers. (b) To purchase Shares from either Trust the Trust(s) only for the purpose of covering purchase orders already received or for Dealer’s bona fide investment. (c) That Dealer will not purchase any Shares from Dealer’s customers at prices lower than the redemption or repurchase net asset values next determined by the FundTrust(s). If Dealer acts as principal for its own account in purchasing shares for resale to Distributor, Dealer Xxxxxx agrees to pay its customer not less than the price that it receives from Distributor. If Dealer acts as agent for its customer in selling shares to Distributor, Dealer Xxxxxx agrees not to charge its customer more than a fair commission or fee for handling the transaction, except that Dealer agrees to receive no compensation of any kind based on the reinvestment of redemption or repurchase proceeds pursuant to the repurchase privilege, as described in the applicable then then-current Prospectuses. (d) That Dealer will not intentionally withhold placing customers’ orders for Shares so as to profit Dealer as a result of such withholding.

Transaction Conditions. Dealer agrees: (a) To purchase Shares only from either a Trust through Distributor or only from Dealer’s customers. (b) To purchase Shares from either a Trust only for the purpose of covering purchase orders already received or for Dealer’s bona fide investment. (c) That Dealer will not purchase any Shares from Dealer’s customers at prices lower than the redemption or repurchase net asset values next determined by the Fund. If Dealer acts as principal for its own account in purchasing shares for resale to Distributor, Dealer Xxxxxx agrees to pay its customer not less than the price that it receives from Distributor. If Dealer acts as agent for its customer in selling shares to Distributor, Dealer agrees not to charge its customer more than a fair commission or fee for handling the transaction, except that Dealer agrees to receive no compensation of any kind based on the reinvestment of redemption or repurchase proceeds pursuant to the repurchase privilege, as described in the applicable then current Prospectuses. (d) That Dealer will not intentionally withhold placing customers’ orders for Shares so as to profit Dealer as a result of such withholding.