Common use of Repurchase or Redemption of Shares by the Fund Clause in Contracts

Repurchase or Redemption of Shares by the Fund. Any of the outstanding Shares may be tendered for redemption at any time, and the Fund, on behalf of the Portfolio, agrees to repurchase or redeem the Shares so tendered on behalf of the Portfolio in accordance with its obligations as set forth in Article V of its Articles of Incorporation, as amended from time to time, and in accordance with the applicable provisions set forth in the Prospectus. The price to be paid to redeem or repurchase the Shares shall be equal to the net asset value per share determined as set forth in the Prospectus. All payments by the Fund on behalf of the Portfolio hereunder shall be made in the manner set forth below. The Fund, on behalf of the Portfolio, shall pay the total amount of the redemption price as defined in the above paragraph pursuant to the instructions of the Distributor on or before the seventh day subsequent to its having received the notice of redemption in proper form. The proceeds of any redemption of Shares shall be paid by the Fund to or for the account of the redeeming stockholder, in accordance with applicable provisions of the then-current Prospectus of the Fund or the Portfolio. Redemption of, or payment with regard to, the Shares of the Portfolio may be suspended at times when the New York Stock Exchange is closed, when trading on said Exchange is closed, when trading on said Exchange is restricted, when an emergency exists as a result of which disposal by the Fund of securities owned by it on behalf of the Portfolio is not reasonably practicable or it is not reasonably practicable for the Fund fairly to determine the value of the Portfolio's net assets, or during any other period when the Securities and Exchange Commission, by order, so permits.

Repurchase or Redemption of Shares by the Fund. Any of the outstanding Shares may be tendered for redemption at any time, and the Fund, on behalf of the PortfolioPortfolios, agrees to repurchase or redeem the Shares so tendered on behalf of the Portfolio Portfolios in accordance with its obligations as set forth in Article V of its Articles of Incorporation, as amended from time to time, and in accordance with the applicable provisions set forth in the then-current Prospectus. The price to be paid to redeem or repurchase the Shares shall be equal to the net asset value per share determined as set forth in the then current Prospectus. All payments by the Fund on behalf of the Portfolio Portfolios hereunder shall be made in the manner set forth below. The Fund, on behalf of the Portfolio, shall pay the total amount of the redemption price as defined in the above paragraph pursuant to the instructions of the Distributor on or before the seventh business day subsequent to its having received the notice of redemption in proper form. The proceeds of any redemption of Shares shall be paid by the Fund to or for the account of the redeeming stockholder, in accordance with applicable provisions of the then-current Prospectus of the Fund or the any Portfolio. Redemption of, or payment with regard to, the Shares of the any Portfolio may be suspended at times when the New York Stock Exchange is closed, when trading on said Exchange is closed, when trading on said Exchange is restricted, when an emergency exists as a result of which disposal by the Fund of securities owned by it on behalf of the any Portfolio is not reasonably practicable or it is not reasonably practicable for the Fund fairly to determine the value of the any Portfolio's ’s net assets, or during any other period when the Securities and Exchange Commission, by order, so permits.

Repurchase or Redemption of Shares by the Fund. Any of the outstanding Shares may be tendered for redemption at any time, and the Fund, on behalf of the PortfolioPortfolios, agrees to repurchase or redeem the Shares so tendered on behalf of the Portfolio Portfolios in accordance with its obligations as set forth in Article V of its Articles of Incorporation, as amended from time to time, and in accordance with the applicable provisions set forth in the then-current Prospectus. The price to be paid to redeem or repurchase the Shares shall be equal to the net asset value per share determined as set forth in the then current Prospectus. All payments by the Fund on behalf of the Portfolio Portfolios hereunder shall be made in the manner set forth below. The Fund, on behalf of the Portfolio, shall pay the total amount of the redemption price as defined in the above paragraph pursuant to the instructions of the Distributor on or before the seventh business day subsequent to its having received the notice of redemption in proper form. The proceeds of any redemption of Shares shall be paid by the Fund to or for the account of the redeeming stockholder, in accordance with applicable provisions of the then-current Prospectus of the Fund or the any Portfolio. Redemption of, or payment with regard to, the Shares of the any Portfolio may be suspended at times when the New York Stock Exchange is closed, when trading on said Exchange is closed, when trading on said Exchange is restricted, when an emergency exists as a result of which disposal by the Fund of securities owned by it on behalf of the any Portfolio is not reasonably practicable or it is not reasonably practicable for the Fund fairly to determine the value of the any Portfolio's ’s net assets, or during any other period when the Securities and Exchange Commission, by order, so permits.

Repurchase or Redemption of Shares by the Fund. Any of the outstanding Shares may be tendered for redemption at any time, and the Fund, on behalf of the PortfolioPortfolios, agrees to repurchase or redeem the Shares so tendered on behalf of the Portfolio Portfolios in accordance with its obligations as set forth in Article V of its Articles of Incorporation, as amended from time to time, and in accordance with the applicable provisions set forth in the Prospectus. The price to be paid to redeem or repurchase the Shares shall be equal to the net asset value per share determined as set forth in the Prospectus. All payments by the Fund on behalf of the Portfolio Portfolios hereunder shall be made in the manner set forth below. The Fund, on behalf of the PortfolioPortfolios, shall pay the total amount of the redemption price as defined in the above paragraph pursuant to the instructions of the Distributor on or before the seventh day subsequent to its having received the notice of redemption in proper form. The proceeds of any redemption of Shares shall be paid by the Fund to or for the account of the redeeming stockholder, in accordance with applicable provisions of the then-current Prospectus of the Fund or the any Portfolio. Redemption of, or payment with regard to, the Shares of the Portfolio Portfolios may be suspended at times when the New York Stock Exchange is closed, when trading on said Exchange is closed, when trading on said Exchange is restricted, when an emergency exists as a result of which disposal by the Fund of securities owned by it on behalf of the any Portfolio is not reasonably practicable or it is not reasonably practicable for the Fund fairly to determine the value of the any Portfolio's net assets, or during any other period when the Securities and Exchange Commission, by order, so permits.

Repurchase or Redemption of Shares by the Fund. Any of the outstanding Shares may be tendered for redemption at any time, and the Fund, on behalf of the PortfolioPortfolios, agrees to repurchase or redeem the Shares so tendered on behalf of the Portfolio Portfolios in accordance with its obligations as set forth in Article V of its Articles of Incorporation, as amended from time to time, and in accordance with the applicable provisions set forth in the Prospectus. The price to be paid to redeem or repurchase the Shares shall be equal to the net asset value per share determined as set forth in the Prospectus. All payments by the Fund on behalf of the Portfolio Portfolios hereunder shall be made in the manner set forth below. The Fund, on behalf of the Portfolio, shall pay the total amount of the redemption price as defined in the above paragraph pursuant to the instructions of the Distributor on or before the seventh business day subsequent to its having received the notice of redemption in proper form. The proceeds of any redemption of Shares shall be paid by the Fund to or for the account of the redeeming stockholder, in accordance with applicable provisions of the then-current Prospectus of the Fund or the any Portfolio. Redemption of, or payment with regard to, the Shares of the any Portfolio may be suspended at times when the New York Stock Exchange is closed, when trading on said Exchange is closed, when trading on said Exchange is restricted, when an emergency exists as a result of which disposal by the Fund of securities owned by it on behalf of the any Portfolio is not reasonably practicable or it is not reasonably practicable for the Fund fairly to determine the value of the any Portfolio's net assets, or during any other period when the Securities and Exchange Commission, by order, so permits.

Repurchase or Redemption of Shares by the Fund. Any of the outstanding Shares may be tendered for redemption at any time, and the Fund, on behalf of the PortfolioPortfolios, agrees to repurchase or redeem the Shares so tendered on behalf of the Portfolio Portfolios in accordance with its obligations as set forth in Article V of its Articles of Incorporation, as amended from time to time, and in accordance with the applicable provisions set forth in the then-current Prospectus. The price to be paid to redeem or repurchase the Shares shall be equal to the net asset value per share determined as set forth in the then current Prospectus. All payments by the Fund on behalf of the Portfolio Portfolios hereunder shall be made in the manner set forth below. The Fund, on behalf of the Portfolio, shall pay the total amount of the redemption price as defined in the above paragraph pursuant to the instructions of the Distributor on or before the seventh business day subsequent to its having received the notice of redemption in proper form. The proceeds of any redemption of Shares shall be paid by the Fund to or for the account of the redeeming stockholder, in accordance with applicable provisions of the then-current Prospectus of the Fund or the any Portfolio. Redemption of, or payment with regard to, the Shares of the any Portfolio may be suspended at times when the New York Stock Exchange is closed, when trading on said Exchange is closed, when trading on said Exchange is restricted, when an emergency exists as a result of which disposal by the Fund of securities owned by it on behalf of the any Portfolio is not reasonably practicable or it is not reasonably practicable for the Fund fairly to determine the value of the any Portfolio's net assets, or during any other period when the Securities and Exchange Commission, by order, so permits.

Repurchase or Redemption of Shares by the Fund. Any of the outstanding Shares may be tendered for redemption at any time, and the Fund, on behalf of the Portfolio, agrees to repurchase or redeem the Shares so tendered on behalf of the Portfolio in accordance with its obligations as set forth in Article V of its Articles of Incorporation, as amended from time to time, and in accordance with the applicable provisions set forth in the Prospectus. The price to be paid to redeem or repurchase the Shares shall be equal to the net asset value per share determined as set forth in the Prospectus. All payments by the Fund on behalf of the Portfolio hereunder shall be made in the manner set forth below. 2 The Fund, on behalf of the Portfolio, shall pay the total amount of the redemption price as defined in the above paragraph pursuant to the instructions of the Distributor on or before the seventh day subsequent to its having received the notice of redemption in proper form. The proceeds of any redemption of Shares shall be paid by the Fund to or for the account of the redeeming stockholder, in accordance with applicable provisions of the then-current Prospectus of the Fund or the Portfolio. Redemption of, or payment with regard to, the Shares of the Portfolio may be suspended at times when the New York Stock Exchange is closed, when trading on said Exchange is closed, when trading on said Exchange is restricted, when an emergency exists as a result of which disposal by the Fund of securities owned by it on behalf of the Portfolio is not reasonably practicable or it is not reasonably practicable for the Fund fairly to determine the value of the Portfolio's net assets, or during any other period when the Securities and Exchange Commission, by order, so permits.

Repurchase or Redemption of Shares by the Fund. (a) Any of the outstanding Shares shares may be tendered for redemption at any time, and the Fund, on behalf of the Portfolio, Fund agrees to repurchase or redeem the Shares shares so tendered on behalf of the Portfolio in accordance with its obligations as set forth in Article V VIII of its Articles Declaration of IncorporationTrust, as amended from time to time, and in accordance with the applicable provisions set forth in the Prospectusprospectus and statement of additional information of the Fund. The price to be paid to redeem or repurchase the Shares shares shall be equal to the net asset value per share determined as calculated in accordance with the provisions of Section 3(e) hereof, less the redemption fee or other charge, if any, set forth in the Prospectusprospectus and statement of additional information of the Fund. All payments by the Fund on behalf of the Portfolio hereunder shall be made in the manner set forth below. The Fund, on behalf of the Portfolio, Fund shall pay the total amount of the redemption price as defined in the above paragraph pursuant to the instructions of the Distributor on or before the seventh business day subsequent to its having received the notice of redemption in proper form. The proceeds of any redemption of Shares shares shall be paid by the Fund as follows: (i) any applicable contingent deferred sales charge shall be paid to the Distributor and (ii) the balance shall be paid to or for the account of the redeeming stockholdershareholder, in each case in accordance with the applicable provisions of the then-current Prospectus prospectus and statement of the Fund or the Portfolioadditional information. 6 (b) Redemption of, of shares or payment with regard to, the Shares of the Portfolio may be suspended at times when the New York Stock Exchange is closed, when trading on said Exchange is closed, when trading on said Exchange is restricted, when an emergency exists as a result of which disposal by the Fund of securities owned by it on behalf of the Portfolio is not reasonably practicable or it is not reasonably practicable for the Fund fairly to determine the value of the Portfolio's its net assets, or during any other period when the Securities and Exchange Commission, by order, so permits. Section 5.