Common use of Permitted Transactions Clause in Contracts

Permitted Transactions. It is agreed that part or all of the Units purchased by us may be sold to dealers, or other entities with whom we can legally grant a concession or agency commission, only at the then effective Public Offering Price, less the concession described in the Prospectus. From time to time prior to the termination of this Agreement, at your Request, we will advise you of the number of our Units which remain unsold and, at your request, we agree to deliver to you any of such unsold Units to be sold for our account to retail accounts or, less the concession or agency commission then effective, to dealers or others. If prior to the termination of this Agreement, or such earlier date as you may determine and advise us thereof in writing, you shall purchase or contract to purchase any of our Units or any Units issued in exchange therefor, in the open market or otherwise, or if any such Units shall be tendered to the Trustee for redemption because not effectively placed for investment by us, we agree to repurchase such Units at a price equal to the total cost of such purchase, including accrued interest and commissions, if any, and transfer taxes on redelivery. Regardless of the amount paid on the repurchase of any such Units, it is agreed that they may be resold by us only at the then effective Public Offering Price. Until the termination of this Agreement, we agree that we will make no purchase of Units other than (i) purchases provided for in this Agreement, (ii) purchases approved by you and (iii) purchases as broker in executing unsolicited orders.

Permitted Transactions. It is agreed that an Underwriter may make purchases and sales from or to any other Underwriter less an agreed upon take-down from the Public Offering Price. It is further agreed that part or all of the Units purchased by us may be sold to dealers, or other entities with whom we can legally grant a concession or agency commission, only dealers at the then effective Public Offering Price, less the dealer's concession described in the Prospectus. From time to time prior to the termination of this Agreement, at your Requestrequest, we will advise you of the number of our Units which we have purchased to such date which remain unsold and, at your request, we agree to deliver to you any of such unsold Units to be sold for our account to retail accounts or, less the dealer's concession or agency commission then effective, to dealers or othersdealers. If prior to the termination of this AgreementAgreement with respect to each Fund covered hereby, or such earlier date as you may determine and advise us thereof in writing, you shall purchase or contract to purchase any of our Units or any Units issued in exchange therefor, in the open market or otherwise, or if any such Units shall be tendered to the Trustee for redemption because not effectively placed for investment by us, we agree to repurchase such Units at a price equal to the total cost of such purchase, including accrued interest and commissions, if any, and transfer taxes on redelivery. Regardless of the amount paid on in the repurchase of any such Units, it is agreed that they may be resold by us only at the then effective Public Offering Price. Until the termination of this AgreementAgreement with respect to each Fund covered hereby, we agree that we will make no purchase of Units other than (i) purchases provided for in this Agreement, ; (ii) purchases approved by you you; and (iii) purchases as broker in executing unsolicited orders.

Permitted Transactions. It is agreed that an Underwriter may make purchases and sales from or to any other Underwriter less an agreed upon take-down from the Public Offering Price. It is further agreed that part or all of the Units purchased by us may be sold to dealers, or other entities with whom we can legally grant a concession or agency commission, only dealers at the then effective Public Offering Price, less the dealer's concession described in the Prospectus. From time to time prior to the termination of this Agreement, at your Requestrequest, when applicable based on our commitment prior to the commencement of a Trust's offering period, we will advise you of the number of our Units which we have purchased to such date which remain unsold and, at your request, we agree to deliver to you any of such unsold Units to be sold for our account to retail accounts or, less the dealer's concession or agency commission then effective, to dealers or othersdealers. If prior to the termination of this AgreementAgreement with respect to each Trust covered hereby, or such earlier date as you may determine and advise us thereof in writing, you shall purchase or contract to purchase any of our Units or any Units issued in exchange therefor, in the open market or otherwise, or if any such Units shall be tendered to the Trustee for redemption because not effectively placed for investment by us, we you agree to repurchase such Units at a price equal to the total cost of such purchase, including accrued interest and commissions, if any, and transfer taxes on redelivery. Regardless of the amount paid on in the repurchase of any such Units, it is agreed that they may be resold by us you only at the then effective Public Offering Price. Until the termination of this AgreementAgreement with respect to each Trust covered hereby, we agree that we will make no purchase of Units other than (i) purchases provided for in this Agreement, ; (ii) purchases approved by you you; and (iii) purchases as broker in executing unsolicited orders.

Permitted Transactions. It is agreed that an Underwriter may make purchases and sales from or to any other Underwriter less an agreed upon take-down from the Public Offering Price. It is further agreed that part or all of the Units purchased by us may be sold to dealers, or other entities with whom we can legally grant a concession or agency commission, only dealers at the then effective Public Offering Price, less the dealer’s concession described in the Prospectus. From time to time prior to the termination of this Agreement, at your Requestrequest, when applicable based on our commitment prior to the commencement of a Trust’s offering period, we will advise you of the number of our Units which we have purchased to such date which remain unsold and, at your request, we agree to deliver to you any of such unsold Units to be sold for our account to retail accounts or, less the dealer’s concession or agency commission then effective, to dealers or othersdealers. If prior to the termination of this AgreementAgreement with respect to each Trust covered hereby, or such earlier date as you may determine and advise us thereof in writing, you shall purchase or contract to purchase any of our Units or any Units issued in exchange therefor, in the open market or otherwise, or if any such Units shall be tendered to the Trustee for redemption because not effectively placed for investment by us, we you agree to repurchase such Units at a price equal to the total cost of such purchase, including accrued interest and commissions, if any, and transfer taxes on redelivery. Regardless of the amount paid on in the repurchase of any such Units, it is agreed that they may be resold by us you only at the then effective Public Offering Price. Until the termination of this AgreementAgreement with respect to each Trust covered hereby, we agree that we will make no purchase of Units other than (i) purchases provided for in this Agreement, ; (ii) purchases approved by you you; and (iii) purchases as broker in executing unsolicited orders.