Omnibus Shares. Omnibus Shares of the Fund outstanding on any date shall be attributed to PSI or a Successor Distributor, as the case may be, in the same proportion that the Commission Shares which are not Omnibus Shares of the Fund outstanding on such date are attributed to it on such date; PROVIDED that if PSI and its transferees reasonably determine that the Transfer Agent is able to produce monthly reports which track the Date of Original Issuance for the Omnibus Shares, then the Omnibus Shares shall be allocated pursuant to clause 1(a), (b) and (c) above.
Appears in 40 contracts
Samples: Pilgrim Troika (Lexington Troika Dialog Russia Fund Inc), Underwriting Agreement (Pilgrim Silver Fund Inc), Pilgrim Advisory Funds Inc
Omnibus Shares. Omnibus Shares of the Fund outstanding on any date shall be attributed to PSI or a Successor Distributor, as the case may be, in the same proportion that the Commission Shares which are not Omnibus Shares of the Fund outstanding on such date are attributed to it on such date; PROVIDED provided that if PSI and its transferees reasonably determine that the Transfer Agent is able to produce monthly reports which track the Date of Original Issuance for the Omnibus Shares, then the Omnibus Shares shall be allocated pursuant to clause 1(a), (b) and (c) above.
Appears in 7 contracts
Samples: Underwriting Agreement (Voya SERIES FUND INC), Underwriting Agreement (Ing Series Fund Inc), Pilgrim Mutual Funds
