Common use of Basis of Purchases and Sales of Shares Clause in Contracts

Basis of Purchases and Sales of Shares. BISYS will use its best efforts to place shares sold by it on an investment basis. BISYS does not agree to sell any specific number of

Basis of Purchases and Sales of Shares. BISYS will use its best efforts to place shares sold by it on an investment basis. BISYS does not agree to sell any specific number ofof shares. Shares will be sold by BISYS only against orders therefor. BISYS will not purchase shares from anyone other than the Trust except in accordance with Section 5, and will not take "long" or "short" positions in shares contrary to the Agreement and Declaration of Trust of the Trust.