DELIVERY OF PAYMENTS AND ISSUANCE OF SHARES Sample Clauses

DELIVERY OF PAYMENTS AND ISSUANCE OF SHARES. The Distributor will deliver to the Fund all payments made pursuant to orders accepted by the Distributor upon receipt thereof by the Distributor in its principal place of business. After payment the Fund will issue shares of Capital Stock by crediting to a stockholder account in such names and such manner as specified in the application or order relating to such shares. Certificates will be issued only upon request by the shareholder.
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Related to DELIVERY OF PAYMENTS AND ISSUANCE OF SHARES

  • Delivery of Shares Delivery of shares of Common Stock upon the exercise of this Option will comply with all applicable laws (including the requirements of the Securities Act) and the applicable requirements of any securities exchange or similar entity.

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