Common use of Transmission of Orders Through Fund/Serv Clause in Contracts

Transmission of Orders Through Fund/Serv. For any purchase or redemption of Fund shares processed through Fund/Serv, Service Provider agrees that, except as set forth in Section 3(c)(iv) below, (A) Orders received by Service Provider prior to the close of regular trading on the New York Stock Exchange (generally, 4:00 p.m. Eastern time) ("Market Close") on any Business Day ("Day 1") (such Orders are referred to herein as "Day 1 Trades") will be transmitted by Service Provider to Fund Affiliate through Fund/Serv in the manner and within the time frame permitted by NSCC Fund/Serv Rules (currently prior to 8:00 p.m. Eastern Time, or, 11:00 p.m. Eastern Time in the case of certain permitted "late pass transmissions") on Day 1; and (B) Orders received by Service Provider at or after Market Close on Day 1 (such Orders are referred to herein as "Day 2 Trades") will be transmitted by Service Provider to Fund Affiliate through Fund/Serv in the manner and within the time frame permitted by NSCC Fund/Serv Rules (currently prior to 8:00 p.m. Eastern Time) on the next Business Day ("Day 2").

Transmission of Orders Through Fund/Serv. For any purchase or redemption of Fund shares processed through Fund/Serv, Service Provider agrees that, except as set forth in Section 3(c)(iv) below, (A) Orders received by Service Provider prior to the close of regular trading on the New York Stock Exchange (generally, 4:00 p.m. Eastern time) ("“Market Close"”) on any Business Day ("“Day 1"”) (such Orders are referred to herein as "“Day 1 Trades"”) will be transmitted by Service Provider to Fund Affiliate Parties through Fund/Serv in the manner and within the time frame permitted by NSCC Fund/Serv Rules (currently prior to 8:00 p.m. Eastern Time, or, 11:00 p.m. Eastern Time in the case of certain permitted "“late pass transmissions"”) on Day 1; and (B) Orders received by Service Provider at or after Market Close on Day 1 (such Orders are referred to herein as "“Day 2 Trades"”) will be transmitted by Service Provider to Fund Affiliate Parties through Fund/Serv in the manner and within the time frame permitted by NSCC Fund/Serv Rules (currently prior to 8:00 p.m. Eastern Time) on the next Business Day ("“Day 2"”).

Transmission of Orders Through Fund/Serv. For any purchase or redemption of Fund shares processed through Fund/Serv, Service Provider agrees that, except as set forth in Section 3(c)(iv) below, (A) Orders received by Service Provider prior to the close of regular trading on the New York Stock Exchange (generally, 4:00 p.m. Eastern time) ("“Market Close"”) on any Business Day ("“Day 1"”) (such Orders are referred to herein as "“Day 1 Trades"”) will be transmitted by Service Provider to Fund Affiliate through Fund/Serv in the manner and within the time frame permitted by NSCC Fund/Serv Rules (currently prior to 8:00 p.m. Eastern Time, or, 11:00 p.m. Eastern Time in the case of certain permitted "“late pass transmissions"”) on Day 1; and (B) Orders received by Service Provider at or after Market Close on Day 1 (such Orders are referred to herein as "“Day 2 Trades"”) will be transmitted by Service Provider to Fund Affiliate through Fund/Serv in the manner and within the time frame permitted by NSCC Fund/Serv Rules (currently prior to 8:00 p.m. Eastern Time) on the next Business Day ("“Day 2"”).