Distribution Plans. You shall also be entitled to compensation for your services as provided in any Distribution Plan adopted as to any series and class of any Fund’s Shares pursuant to Rule 12b-1 under the 1940 Act. The compensation provided in any such Distribution Plan (a “12b-1 Plan”) may be divided into a distribution fee and a service fee, as set forth in such Plan and the Fund’s then current prospectus and statement of additional information (“SAI”), each of which is compensation for different services to be rendered to the Fund. Subject to the termination provisions in a 12b-1 Plan, any distribution fee with respect to the sale of a Share subject to such Plan shall be earned when such Share is sold and shall be payable from time to time as provided in the 12b-1 Plan. The distribution fee payable to you as provided in any 12b-1 Plan shall be payable without offset, defense or counterclaim (it being understood by the parties hereto that nothing in this sentence shall be deemed a waiver by the Fund of any claim the Fund may have against you).
Appears in 93 contracts
Samples: Templeton Income Trust (Templeton Income Trust), Developing Markets Trust (Templeton Developing Markets Trust), Securities Trust (Franklin Investors Securities Trust)
Distribution Plans. You shall also be entitled to compensation for your services as provided in any Distribution Plan adopted as to any series and class of any Fund’s Shares pursuant to Rule 12b-1 12b-l under the 1940 Act. The compensation provided in any such Distribution Plan (a “12b-1 12b-l Plan”) may be divided into a distribution fee and a service fee, as set forth in such Plan and the Fund’s then current prospectus and statement of additional information (“SAI”), each of which is compensation for different services to be rendered to the Fund. Subject to the termination provisions in a 12b-1 12b-l Plan, any distribution fee with respect to the sale of a Share subject to such Plan shall be earned when such Share is sold and shall be payable from time to time as provided in the 12b-1 12b-l Plan. The distribution fee payable to you as provided in any 12b-1 12b-l Plan shall be payable without offset, defense or counterclaim (it being understood by the parties hereto that nothing in this sentence shall be deemed a waiver by the Fund of any claim the Fund may have against you).
Appears in 2 contracts
Samples: Value Investors Trust (Franklin Value Investors Trust), Franklin Value Investors Trust
Distribution Plans. You shall also be entitled to compensation for your services as provided in any Distribution Plan adopted as to any series and class of any Fund’s Shares pursuant to Rule 12b-1 12b-l under the 1940 Act. The compensation provided in any such Distribution Plan (a “12b-1 12b-l Plan”) may be divided into a distribution fee and a service fee, as set forth in such Plan and the Fund’s Funds’ then current prospectus and statement of additional information (“SAI”), each of which is compensation for different services to be rendered to the FundFunds. Subject to the termination provisions in a 12b-1 12b-l Plan, any distribution fee with respect to the sale of a Share subject to such Plan shall be earned when such Share is sold and shall be payable from time to time as provided in the 12b-1 12b-l Plan. The distribution fee payable to you as provided in any 12b-1 12b-l Plan shall be payable without offset, defense or counterclaim (it being understood by the parties hereto that nothing in this sentence shall be deemed a waiver by the a Fund of any claim the Fund may have against you).
Appears in 2 contracts
Samples: PFM Multi-Manager Series Trust, PFM Multi-Manager Series Trust
Distribution Plans. You shall also be entitled to compensation for your services as provided in any Distribution Plan adopted as to any series and class of any Fund’s ' s Shares pursuant to Rule 12b-1 under the 1940 Act. The compensation provided in any such Distribution Plan (a “"12b-1 Plan”") may be divided into a distribution fee and a service fee, as set forth in such Plan and the Fund’s 's then current prospectus and statement of additional information (“SAI”"SXx"), each of which is compensation for different services to be rendered to the Fund. Subject to the termination provisions in a 12b-1 Plan, any distribution fee with respect to the sale of a Share subject to such Plan shall be earned when such Share is sold and shall be payable from time to time as provided in the 12b-1 Plan. The distribution fee payable to you as provided in any 12b-1 12b-l Plan shall be payable without offset, defense or counterclaim (it being understood by the parties hereto that nothing in this sentence shall be deemed a waiver by the Fund of any claim the Fund may have against you).
Appears in 2 contracts
Samples: Templeton Global Investment Trust, Templeton Global Investment Trust
Distribution Plans. You shall also be entitled to compensation for your services as provided in any Distribution Plan adopted as to any series and class of any Fund’s 's Shares pursuant to Rule 12b-1 12b-l under the 1940 Act. The compensation provided in any such Distribution Plan (a “12b-1 "12b-l Plan”") may be divided into a distribution fee and a service fee, as set forth in such Plan and the Fund’s 's then current prospectus and statement of additional information (“"SAI”"), each of which is compensation for different services to be rendered to the Fund. Subject to the termination provisions in a 12b-1 12b-l Plan, any distribution fee with respect to the sale of a Share subject to such Plan shall be earned when such Share is sold and shall be payable from time to time as provided in the 12b-1 12b-l Plan. The distribution fee payable to you as provided in any 12b-1 12b-l Plan shall be payable without offset, defense or counterclaim (it being understood by the parties hereto that nothing in this sentence shall be deemed a waiver by the Fund of any claim the Fund may have against you).
Appears in 1 contract
Samples: Franklin LTD Duration Income Trust
Distribution Plans. You shall also be entitled to compensation for your services as provided in any Distribution Plan adopted as to any series and class of any Fund’s Shares pursuant to Rule 12b-1 under the 1940 Act. The compensation provided in any such Distribution Plan (a “12b-1 Plan”) may be divided into a distribution fee and a service fee, as set forth in such Plan and the Fund’s then current prospectus and statement of additional information (“SAI”), each of which is compensation for different services to be rendered to the Fund. Subject to the termination provisions in a 12b-1 Plan, any distribution fee with respect to the sale of a Share subject to such Plan shall be earned when such Share is sold and shall be payable from time to time as provided in the 12b-1 Plan. The distribution fee payable to you as provided in any 12b-1 12b- 1 Plan shall be payable without offset, defense or counterclaim (it being understood by the parties hereto that nothing in this sentence shall be deemed a waiver by the Fund of any claim the Fund may have against you).
Appears in 1 contract
Samples: Franklin Mutual Series Funds