Common use of Handling of Orders Clause in Contracts

Handling of Orders. (a) For purposes of this Agreement, purchases of Shares whose subscriptions were solicited by the Distributor and accepted by the Fund are referred to herein as the “Distributor’s Subscribers.” (b) All properly presented and accepted subscriptions of the purchase of Shares shall be executed at the offering price per Shares as described in the Registration Statement. (c) The procedures relating to soliciting and the handling subscriptions for Shares will be subject to the terms of the Registration Statement and the Operating Procedures set forth in Appendix A hereto. (d) Payments for Shares shall be made as specified in the Registration Statement and Subscription Agreement. (e) The Distributor will not at any time be responsible for performing recordkeeping or accounting services with respect to the Fund, except as may be described herein. The Fund shall promptly inform the Distributor of the Fund’s net assets and net asset value per Share (and/or in certain instances estimated net asset values) as soon as reasonably practicable following their calculation. The Distributor is authorized to communicate such calculations to each of the Distributor’s Subscribers. In the event that estimated net asset values are provided in lieu of net asset values, the Distributor shall make appropriate disclosures to the Distributor’s Subscribers.

Handling of Orders. (a) For purposes of this Agreement, purchases of Shares Units whose subscriptions were solicited by the Distributor and accepted by the Fund are referred to herein as the “"Distributor’s 's Subscribers.”" (b) All properly presented and accepted subscriptions of the purchase of Shares Units shall be executed at the offering price per Shares Units as described in the Registration Statement. (c) The procedures relating to soliciting and the handling subscriptions for Shares Units will be subject to the terms of the Registration Statement and the Operating Procedures set forth in Appendix A hereto. (d) Payments for Shares Units shall be made as specified in the Registration Statement and Subscription Agreement. (e) The Distributor will not at any time be responsible for performing recordkeeping or accounting services with respect to the Fund, except as may be described herein. The Fund shall promptly inform the Distributor of the Fund’s 's net assets and net asset value per Share Unit (and/or in certain instances estimated net asset values) as soon as reasonably practicable following their calculation. The Distributor is authorized to communicate such calculations to each of the Distributor’s 's Subscribers. In the event that estimated net asset values are provided in lieu of net asset values, the Distributor shall make appropriate disclosures to the Distributor’s 's Subscribers.

Handling of Orders. (a) For purposes of this Agreement, purchases purchasers of Shares Units whose subscriptions were solicited by the Distributor Placement Agent and accepted by the Fund are referred to herein as the “DistributorPlacement Agent’s Subscribers.” (b) All properly presented and accepted subscriptions of for the purchase of Shares Units shall be executed at the offering price per Shares as Unit described in the Registration StatementMemorandum. (c) The procedures relating to soliciting and the handling subscriptions for Shares Units will be subject to the terms of the Registration Statement Memorandum and the Operating Procedures set forth in Appendix A hereto. (d) Payments for Shares Units shall be made as specified in the Registration Statement Memorandum and Subscription Agreement. (e) The Distributor Placement Agent will not at any time be responsible for performing recordkeeping or accounting services with respect to the Fund, except as may be described hereinin Section 1(d) hereof. The Fund shall promptly inform the Distributor Placement Agent of the Fund’s net assets Net Assets and net asset value Net Asset Value per Share Unit (and/or in certain instances estimated net asset valuesNet Asset Values) as soon as reasonably practicable following their calculation. The Distributor Placement Agent is authorized to communicate such calculations to each of the DistributorPlacement Agent’s Subscribers. In the event that estimated net asset values Net Asset Values are provided in lieu of net asset valuesNet Asset Values, the Distributor Placement Agent shall make appropriate disclosures to the DistributorPlacement Agent’s Subscribers.

Handling of Orders. (a) For purposes of this Agreement, purchases purchasers of Shares whose subscriptions were solicited by the Distributor Placement Agent and accepted by the Fund are referred to herein as the “Distributor’s "Placement Agent's Subscribers.”" (b) All properly presented and accepted subscriptions of for the purchase of Shares shall will be executed at the offering price per Shares Share as described in the Registration StatementMemorandum. (c) The procedures relating to soliciting and the handling subscriptions for Shares will be subject to the terms of the Registration Statement Memorandum and the Operating Procedures set forth in Appendix A hereto. (d) Payments for Shares shall be made as specified in the Registration Statement Memorandum and Subscription Agreement. (e) The Distributor Placement Agent will not at any time be responsible for performing recordkeeping or accounting services with respect to the Fund, except as may be described hereinin Section 1(d) hereof. The Fund shall promptly inform the Distributor Placement Agent of the Fund’s net assets 's Net Assets and net asset value Net Asset Value per Share (and/or in certain instances estimated net asset valuesNet Asset Values) as soon as reasonably practicable following their calculation. The Distributor Placement Agent is authorized to communicate such calculations to each of the Distributor’s Placement Agent's Subscribers. In the event that estimated net asset values Net Asset Values are provided in lieu of net asset valuesNet Asset Values, the Distributor Placement Agent shall make appropriate disclosures to the Distributor’s Placement Agent's Subscribers.