Purchase of Shares from the Fund. (a) The Fund will make available to the Distributor, and the Distributor will sell on behalf of the Fund, the shares of the Fund needed to fill unconditional orders for shares of the Fund placed with the Distributor by the Company for allocation to the Variable Account. The price that the Distributor shall pay for the shares corresponding to each portfolio so purchased shall be the net asset value per share corresponding to such portfolio, as determined on the basis set forth in Section 2.3(c) of this Agreement.
Appears in 6 contracts
Samples: Underwriting Agreement (Mony America Variable Account A), Underwriting Agreement (Mony Series Fund Inc), Underwriting Agreement (Mony Series Fund Inc)
Purchase of Shares from the Fund. (a) The Fund will make available to the Distributor, Distributor and the Distributor will sell on behalf of the Fund, the shares of the Fund needed to fill unconditional orders for shares of the Fund placed with the Distributor by the Company for allocation to the Variable Account. The price that the Distributor shall pay for the shares corresponding to each portfolio so purchased shall be the net asset value per share corresponding to such portfolio, as determined on the basis set forth in Section 2.3(c) of this Agreement.
Appears in 2 contracts
Samples: Underwriting Agreement (Mony Series Fund Inc), Underwriting Agreement (Mony Variable Account A)
Purchase of Shares from the Fund. (a) The Fund will make available to the Distributoroffer, and the Distributor will sell on behalf of shall have the Fundright to buy, the Fund shares of the Fund needed to fill unconditional orders for shares of the Fund placed with the Distributor by the Company for allocation to the Variable AccountAccounts. The price that which the Distributor shall pay for the shares corresponding to of each portfolio Portfolio so purchased shall be the net asset value per share corresponding to of such portfolioPortfolio, as determined on the basis set forth in Section 2.3(c3(c) of this Agreement.
Appears in 1 contract
Samples: Distribution Agreement (Prudential Series Fund Inc)
Purchase of Shares from the Fund. (a) The Fund will make available to the Distributoroffer, and the Distributor will sell on behalf of shall have the Fundright to buy, the Fund shares of the Fund needed to fill unconditional orders for shares of the Fund placed with the Distributor by the Company for allocation to the Variable AccountAccounts. The price that which the Distributor shall pay for the shares corresponding to of each portfolio Portfolio so purchased shall be the net asset value per share corresponding to of such portfolio, Portfolio as determined on the basis set forth in Section 2.3(c3(c) of this Agreement.
Appears in 1 contract
Samples: Distribution Agreement (Prudential Variable Contract Account 24)
Purchase of Shares from the Fund. (a) The Fund will make available to the Distributor, and the Distributor will sell on behalf of the Fund, the shares of the Fund needed to fill unconditional orders for shares of the Fund placed with the Distributor by the Company for allocation to the Variable Account. The price that the Distributor shall pay for the shares corresponding to each portfolio so purchased shall be the net asset value per share corresponding to such portfolio, as determined on the basis set forth in Section 2.3(c) of this Agreement.Variable
Appears in 1 contract
