Common use of Next Day Transmission of Orders Clause in Contracts

Next Day Transmission of Orders. On each Business Day, the Company shall aggregate and calculate the net purchase and redemption orders for each Account received by the Company prior to the Close of Trading on such Business Day. Prior to 9:00 a.m. Eastern Time (or such other time as may be agreed by the parties from time to time) on the next following Business Day, the Company shall communicate to W&R or its designee by facsimile or any other method agreed upon by the parties, the net aggregate purchase or redemption orders (if any) for each Account received by the Close of Trading on the prior Business Day (the “Trade Date”). All orders communicated to W&R or its designee by the 9:00 a.m. deadline (or such other time as may be agreed by the parties from time to time) shall be treated by W&R or its designee as if received prior to the Close of Trading on the Trade Date, provided that Company represents it has received such orders prior to the Close of Trading on the Trade Date.

Next Day Transmission of Orders. On each Business Day, the Company shall aggregate and calculate the net purchase and redemption orders for each Account received by the Company prior to the Close of Trading on such Business Day. Prior to 9:00 9:30 a.m. Eastern Time (or such other time as may be agreed by the parties from time to time) on the next following Business Day, the Company shall communicate to W&R the Fund or its designee by facsimile or, in the Company’s discretion, by telephone or any other method agreed upon by the parties, the net aggregate purchase or redemption orders (if any) for each Account received by the Close of Trading on the prior Business Day (the “Trade Date”). All orders communicated to W&R the Fund or its designee by the 9:00 9:30 a.m. deadline (or such other time as may be agreed by the parties from time to time) shall be treated by W&R the Fund or its designee as if received prior to the Close of Trading on the Trade Date, provided that Company represents it has received such orders prior to the Close of Trading on the Trade Date.

Next Day Transmission of Orders. On each Business Day, the Company shall aggregate and calculate the net purchase and redemption orders for each Account received by the Company prior to the Close of Trading on such Business Day. Prior to 9:00 9:15 a.m. Eastern Time (or such other time as may be agreed by the parties from time to time) on the next following Business Day, the Company shall communicate to W&R the Fund or its designee by facsimile or any other method or, if agreed upon by the parties, by telephone or any other method, the net aggregate purchase or redemption orders (if any) for each Account received by the Close of Trading on the prior Business Day (the “Trade Date”). All orders communicated to W&R the Fund or its designee by the 9:00 9:15 a.m. deadline (or such other time as may be agreed upon by the parties in writing from time to time) shall be treated by W&R the Fund or its designee as if received prior to the Close of Trading on the Trade Date, provided that Company represents it has received such orders prior to the Close of Trading on the Trade Date.

Next Day Transmission of Orders. On each Business Day, the Company shall aggregate and calculate the net purchase and redemption orders for each Account received by the Company prior to the Close of Trading on such Business Day. Prior to 9:00 a.m. Eastern Time (or such other time as may be agreed by the parties from time to time) on the next following Business Day, the Company shall communicate to W&R the Fund or its designee by facsimile or, in the Company’s discretion, by telephone or any other method agreed upon by the parties, the net aggregate purchase or redemption orders (if any) for each Account received by the Close of Trading on the prior Business Day (the “Trade Date”). All orders communicated to W&R the Fund or its designee by the 9:00 a.m. deadline (or such other time as may be agreed by the parties from time to time) shall be treated by W&R the Fund or its designee as if received prior to the Close of Trading on the Trade Date, provided that Company represents it has received such orders prior to the Close of Trading on the Trade Date.

Next Day Transmission of Orders. On each Business Day, the Company shall aggregate and calculate the net purchase and redemption orders for each Account received by the Company prior to the Close of Trading on such Business Day. Prior to 9:00 a.m. 9:00a.m. Eastern Time (or such other time as may be agreed by the parties from time to time) on the next following Business Day, the Company shall communicate to W&R the Fund or its designee by facsimile or, in the Company’s discretion, by telephone or any other method agreed upon by the parties, the net aggregate purchase or redemption orders (if any) for each Account received by the Close of Trading on the prior Business Day (the “Trade Date”). All orders communicated to W&R the Fund or its designee by the 9:00 a.m. 9:00a.m. deadline (or such other time as may be agreed by the parties from time to time) shall be treated by W&R the Fund or its designee as if received prior to the Close of Trading on the Trade Date, provided that Company represents it has received such orders prior to the Close of Trading on the Trade Date.