Common use of Repurchase by Agreement Clause in Contracts

Repurchase by Agreement. In addition to the redemption of Shares otherwise provided in this Article VI, the Trust may repurchase Shares directly, or through the Distributor or another agent designated for the purpose, by agreement with the owner thereof at a price not exceeding the Net Asset Value per Share determined as of the time when the purchase or contract of purchase is made or the Net Asset Value as of any time which may be later determined.

Appears in 3 contracts

Samples: Agreement and Declaration (FlexShares Trust), Agreement and Declaration (NETS Trust), Agreement and Declaration (NETS Trust)

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Repurchase by Agreement. In addition to the redemption of ----------------------- Shares otherwise provided in this Article VIVII, the Trust may repurchase Shares directly, or through the Distributor or another agent designated for the purpose, by agreement with the owner thereof at a price not exceeding the Net Asset Value per Share determined as of the time when the purchase or contract of purchase is made or the Net Asset Value as of any time which may be later determined, provided payment is not made for the Shares prior to the time as of which such Net Asset Value is determined.

Appears in 1 contract

Samples: Goldman Sachs Trust

Repurchase by Agreement. In addition to the redemption of ----------------------- Shares otherwise provided in this Article VIVII, the Trust may repurchase Shares directly, or through the Distributor or another agent designated for the purpose, by agreement with the owner thereof at a price not exceeding the Net Asset Value per Share determined as of the time when the purchase or contract of purchase is made or the Net Asset Value as of any time which may be later determined.

Appears in 1 contract

Samples: Agreement and Declaration (Goldman Sachs Variable Insurance Trust)

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Repurchase by Agreement. In addition to the redemption of Shares otherwise provided in this Article VIVII, the Trust may repurchase Shares directly, or through the Distributor or another agent designated for the purpose, by agreement with the owner thereof at a price not exceeding the Net Asset Value per Share determined as of the time when the purchase or contract of purchase is made or the Net Asset Value as of any time which may be later determined.

Appears in 1 contract

Samples: Agreement and Declaration (Benchmark Funds)

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