Common use of Redemption Drafts; Shareholder Information Clause in Contracts

Redemption Drafts; Shareholder Information. (a) Where a Fund offers its Shareholders draft redemption privileges, each such Fund shall be entitled to supply its Shareholders with redemption drafts, but only in a form and substance agreed to by the Bank. The Bank agrees to give each Fund sixty (60) days prior notice of any changes to the form or substance of redemption drafts required by the Bank, provided that if such change is required by applicable rules or procedures of the Federal Reserve or any clearinghouse through which such drafts may be presented, the Bank may give less than sixty (60) days prior notice of such change.

Redemption Drafts; Shareholder Information. (a) Where a Fund offers its Shareholders draft redemption privileges, each such Each Fund shall be entitled to supply its Shareholders with redemption drafts, but only in a form and substance agreed to by the Bank. The Bank agrees to give each Fund sixty (60) days prior notice of any changes to the form or substance of redemption drafts required by the Bank, provided that if such change is required by applicable rules or procedures of the Federal Reserve or any clearinghouse through which such drafts may be presented, the Bank may give less than sixty (60) days prior notice of such change.

Redemption Drafts; Shareholder Information. (a) Where a Fund offers its Shareholders draft redemption privileges, each such Each Fund shall be entitled to supply its Shareholders with redemption drafts, but only in a form and substance agreed to by the Bank. The Bank agrees to give each Fund sixty (60) days prior notice of any changes to the form or substance of redemption drafts required by the Bank, provided that if such change is required by applicable rules or procedures of the Federal Reserve or any clearinghouse through which such drafts may be presented, the Bank may as promptly as practicable give such notice which may be less than sixty (60) days prior notice of such changedays.

Redemption Drafts; Shareholder Information. (a) Where a Fund offers its Shareholders draft redemption privileges, each such Each Fund shall be ------------------------------------------ entitled to supply its Shareholders with redemption drafts, but only in a form and substance agreed to by the Bank. The Bank agrees to give each Fund sixty (60) days prior notice of any changes to the form or substance of redemption drafts required by the Bank, provided that if such change is required by applicable rules or procedures of the Federal Reserve or any clearinghouse through which such drafts may be presented, the Bank may as promptly as practicable give such notice which may be less than sixty (60) days prior notice of such changedays.

Redemption Drafts; Shareholder Information. (a) Where a Fund offers its Shareholders draft redemption privileges, each such Each Fund shall be entitled to supply its Shareholders with redemption drafts, but only in a form and substance agreed to by the Bank. The Bank agrees to give each Fund sixty (60) days prior notice of any changes to the form or of substance of redemption drafts required by the Bank, provided that if such change is required by applicable rules or procedures of the Federal Reserve or any clearinghouse through which such drafts may be presented, the Bank may as promptly as practicable give such notice which may less than sixty (60) days prior notice of such changedays.