Common use of Xxxx of Shares Clause in Contracts

Xxxx of Shares. Subject to the provisions of Paragraphs 3, 4, and 6 hereof, and to such minimum purchase requirements as may from time to time be currently indicated in the Fund's prospectus, the Distributor is authorized to sell, as agent on behalf of the Fund, shares of the Fund's capital stock ("Shares") authorized for issuance and registered under SA-33. Distributor may also sell Shares under offers of exchange between and among the investment companies for which Price Associates and/or Xxxxx-Xxxxxxx act as investment advisers ("Price Funds"). Distributor may also purchase as principal such Shares for resale to the public. Such sale will be made by Distributor on behalf of the Funds by accepting unconditional orders to purchase the Shares placed with Distributor by investors and such purchases will be made by Distributor only after acceptance by Distributor of such orders. The sales price to the public of such Shares shall be the public offering price as defined in Paragraph 5 hereof.

Appears in 2 contracts

Samples: Underwriting Agreement (T. Rowe Price Tax-Efficient Funds, Inc.), Underwriting Agreement (T. Rowe Price Balanced Fund, Inc.)

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Xxxx of Shares. Subject to the provisions of Paragraphs 3, 4, and 6 hereof, and to such minimum purchase requirements as may from time to time be currently indicated in the Fund's Fund`s prospectus, the Distributor is authorized to sell, as agent on behalf of the Fund, shares of the Fund's capital stock ("Shares") authorized for issuance and registered under SA-33SA33. Distributor may also sell Shares under offers of exchange between and among the investment companies for which Price Associates and/or Xxxxx-Xxxxxxx Price International act as investment advisers ("Price Funds"). Distributor may also purchase as principal such Shares for resale to the public. Such sale will be made by Distributor on behalf of the Funds Fund by accepting unconditional orders to purchase the Shares placed with Distributor by investors and such purchases will be made by Distributor only after acceptance by Distributor of such orders. The sales price to the public of such Shares shall be the public offering price as defined in Paragraph 5 hereof.

Appears in 2 contracts

Samples: Underwriting Agreement (T Rowe Price Us Bond Index Fund Inc), Underwriting Agreement (T Rowe Price International Index Fund Inc)

Xxxx of Shares. Subject to the provisions of Paragraphs 3, 4, and 6 hereof, and to such minimum purchase requirements as may from time to time be currently indicated in the Fund's Corporation`s prospectus, on behalf of the Funds, the Distributor is authorized to sell, as agent for the Corporation, on behalf of the FundFunds, shares of the Fund's capital stock ("Shares") Shares authorized for issuance and registered under SA-33. Distributor may also sell Shares under offers of exchange between and among the investment companies for which Price Associates and/or Xxxxx-Xxxxxxx act as investment advisers ("Price Funds"). Distributor may also purchase as principal such Shares for resale to the public. Such sale will be made by Distributor on behalf of the Funds by accepting unconditional orders to purchase the Shares placed with Distributor by investors and such purchases will be made by Distributor only after acceptance by Distributor of such orders. The sales price to the public of such Shares shall be the public offering price as defined in Paragraph 5 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (T Rowe Price Reserve Investment Funds Inc)

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Xxxx of Shares. Subject to the provisions of Paragraphs 3, 4, and 6 hereof, and to such minimum purchase requirements as may from time to time be currently indicated in the FundCorporation's prospectus, on behalf of the Funds, the Distributor is authorized to sell, as agent for the Corporation, on behalf of the FundFunds, shares of the Fund's capital stock ("Shares") Shares authorized for issuance and registered under SA-33. Distributor may also sell Shares under offers of exchange between and among the investment companies for which Price Associates and/or Xxxxx-Xxxxxxx Price International act as investment advisers ("Price Funds"). Distributor may also purchase as principal such Shares for resale to the public. Such sale will be made by Distributor on behalf of the Funds by accepting unconditional orders to purchase the Shares placed with Distributor by investors and such purchases will be made by Distributor only after acceptance by Distributor of such orders. The sales price to the public of such Shares shall be the public offering price as defined in Paragraph 5 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (Price T Rowe Equity Series Inc)

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