REPURCHASE OR REDEMPTION OF SHARES. (a) Any of the outstanding Shares may be tendered for redemption at any time, and the Trust agrees to redeem the Shares so tendered in accordance with the applicable provisions set forth in the Prospectus. The price to be paid to redeem the Shares shall be equal to the net asset value determined as set forth in the Prospectus. All payments by the Trust hereunder shall be made in the manner set forth below. Upon any redemption of Shares, the Trust shall pay the total amount of the redemption price in accordance with applicable provisions of the Prospectus in New York Clearing House funds.
Appears in 5 contracts
Samples: Distribution Agreement (Morgan Stanley Variable Investment Series), Distribution Agreement (Morgan Stanley Variable Investment Series), Distribution Agreement (Morgan Stanley Select Dimensions Investment Series)
REPURCHASE OR REDEMPTION OF SHARES. (a) Any of the outstanding Shares may be tendered for redemption at any time, and the Trust Fund agrees to redeem the Shares so tendered in accordance with the applicable provisions set forth in the Prospectus. The price to be paid to redeem the Shares shall be equal to the net asset value determined as set forth in the Prospectus. All payments by the Trust Fund hereunder shall be made in the manner set forth below. Upon any redemption of Shares, Shares the Trust Fund shall pay the total amount of the redemption price in accordance with applicable provisions of the Prospectus in New York Clearing House funds.
Appears in 5 contracts
Samples: Distribution Agreement (Dean Witter Limited Term Municipal Trust), Distribution Agreement (Morgan Stanley Dean Witter Limited Term Municipal Trust), Discover Brokerage Index Series (Discover Brokerage Index Series)
REPURCHASE OR REDEMPTION OF SHARES. (a) Any of the outstanding Shares may be tendered for redemption at any time, and the Trust Fund agrees to redeem the Shares so tendered in accordance with the applicable provisions set forth in the Prospectus. The price to be paid to redeem the Shares shall be equal to the net asset value determined as set forth in the Prospectus. All payments by the Trust Fund hereunder shall be made in the manner set forth below. Upon The proceeds of any redemption of SharesShares shall be paid by the Fund to the redeeming shareholders, the Trust shall pay the total amount of the redemption price in each case in accordance with applicable provisions of the Prospectus in New York Clearing House funds.
Appears in 5 contracts
Samples: Distribution Agreement (Dean Witter New York Municipal Money Market Trust), Distribution Agreement (Dean Witter California Tax Free Daily Income Trust), Distribution Agreement (Dean Witter Liquid Asset Fund Inc)
REPURCHASE OR REDEMPTION OF SHARES. (a) Any of the outstanding Shares may be tendered for redemption at any time, and the Trust Fund agrees to redeem the Shares so tendered in accordance with the applicable provisions set forth in the Prospectus. The price to be paid to redeem the Shares shall be equal to the net asset value determined as set forth in the Prospectus. All payments by the Trust Fund hereunder shall be made in the manner set forth below. Upon any redemption of Shares, Shares the Trust Fund shall pay the total amount of the redemption price in accordance with applicable provisions of the Prospectus in New York Clearing House funds, or in portfolio securities in event of redemptions in kind, on or before the seventh day subsequent to its having received the notice of redemption in proper form.
Appears in 2 contracts
Samples: Distribution Agreement (TCW/Dw North American Government Income Trust), Income and Growth Fund (TCW Dw Income & Growth Fund)
REPURCHASE OR REDEMPTION OF SHARES. (a) Any of the outstanding Shares may be tendered for redemption at any time, and the Trust Fund agrees to redeem the Shares so tendered in accordance with the applicable provisions set forth in the Prospectus. The price to be paid to redeem the Shares shall be equal to the net asset value determined as set forth in the Prospectus. All payments by the Trust Fund hereunder shall be made in the manner set forth below. Upon any redemption of Sharesshares, the Trust Fund shall pay the total amount of the redemption price in accordance with applicable provisions of the Prospectus in New York Clearing House funds, or in portfolio securities in event of redemptions in kind, on or before the seventh day subsequent to its having received the notice of redemption in proper form.
Appears in 1 contract
Samples: Balanced Fund Distribution Agreement (TCW Dw Balanced Fund)
REPURCHASE OR REDEMPTION OF SHARES. (a) Any of the outstanding Shares may be tendered for redemption at any time, and the Trust Fund agrees to redeem the Shares so tendered in accordance with the applicable provisions set forth in the Prospectus. The price to be paid to redeem the Shares shall be equal to the net asset value determined as set forth in the Prospectus. All payments by the Trust Fund hereunder shall be made in the manner set forth below. Upon any redemption of Shares, Shares the Trust Fund shall pay the total amount of the redemption price in accordance with applicable provisions of the Prospectus in New York Clearing House funds, or in porfolio securities in event of redemptions in kind, on or before the seventh day subsequent to its having received the notice of redemption in proper form.
Appears in 1 contract
