Common use of Payments to Distributor Clause in Contracts

Payments to Distributor. The Fund may expend pursuant to this Plan and as set forth below an aggregate amount not to exceed 1.00% per annum of the average net assets of the Fund’s Class C shares. The categories of expenses are as follows:

Appears in 4 contracts

Samples: American High-Income Municipal Bond Fund, Inc, Cash Management Trust of America, Limited Term Tax Exempt Bond Fund of America

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Payments to Distributor. The Fund may expend pursuant to this Plan and as set forth below an aggregate amount not to exceed 1.00% per annum of the average net assets of the Fund’s Class 529-C shares. The categories of expenses are as follows:

Appears in 2 contracts

Samples: Cash Management Trust of America, American High Income Trust

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