Common use of REPURCHASE OR REDEMPTION OF SHARES Clause in Contracts

REPURCHASE OR REDEMPTION OF SHARES. (a) Any of the outstanding shares of any Portfolio may be tendered for redemption at any time, and the Fund agrees to redeem the Shares so tendered in accordance with the applicable provisions set forth in the Prospectus and the Statement of Additional Information. The price to be paid to redeem the Shares shall be equal to the net asset value calculated in accordance with the provisions of Section 3(e) hereof. All payments by the Fund hereunder shall be made in the manner set forth below. The Fund, on behalf of the applicable Portfolio, shall pay the total amount of the redemption price subsequent to its having received the notice of redemption in proper form, all in accordance with applicable provisions of the Prospectus and the Statement of Additional Information on or before the seventh day after receipt of notice of redemption.

REPURCHASE OR REDEMPTION OF SHARES. (a) Any of the outstanding shares of any each Portfolio may be tendered for redemption at any time, and the Fund each Portfolio agrees to redeem the Shares so tendered in accordance with the applicable provisions set forth in the Prospectus and the Statement of Additional Information. The price to be paid to redeem the Shares shall be equal to the net asset value calculated in accordance with the provisions of Section 3(e) hereof. All payments by the Fund each Portfolio hereunder shall be made in the manner set forth below. The Fund, on behalf of the applicable Each Portfolio, shall pay the total amount of the redemption price subsequent to its having received the notice of redemption in proper form, all in accordance with applicable provisions of the Prospectus and the Statement of Additional Information on or before the seventh day after receipt of notice of redemption.

REPURCHASE OR REDEMPTION OF SHARES. (a) Any of the outstanding shares of any Portfolio portfolio may be tendered for redemption at any time, and the Fund each Portfolio agrees to redeem the Shares so tendered in accordance with the applicable provisions set forth in the Prospectus and the Statement of Additional Information. The price to be paid to redeem the Shares shall be equal to the net asset value calculated in accordance with the provisions of Section 3(e) hereof. All payments by the Fund a Portfolio hereunder shall be made in the manner set forth below. The Fund, on behalf of the applicable Each Portfolio, shall pay the total amount of the redemption price subsequent to its having received the notice of redemption in proper form, all in accordance with applicable provisions of the Prospectus and the Statement of Additional Information on or before the seventh day after receipt of notice of redemption.

REPURCHASE OR REDEMPTION OF SHARES. (a) Any of the outstanding shares of any a Portfolio may be tendered for redemption at any time, and the Fund Portfolio agrees to redeem the Shares so tendered in accordance with the applicable provisions set forth in the Prospectus and the Statement of Additional Information. The price to be paid to redeem the Shares shall be equal to the net asset value calculated in accordance with the provisions of Section 3(e) hereof. All payments by the Fund each Portfolio hereunder shall be made in the manner set forth below. The Fund, on behalf of the applicable Each Portfolio, shall pay the total amount of the redemption price subsequent to its having received the notice of redemption in proper form, all in accordance with applicable provisions of the Prospectus and the Statement of Additional Information on or before the seventh day after receipt of notice of redemption.

REPURCHASE OR REDEMPTION OF SHARES. (a) Any of the outstanding shares of any the Portfolio may be tendered for redemption at any time, and the Fund Portfolio agrees to redeem the Shares so tendered in accordance with the applicable provisions set forth in the Prospectus and the Statement of Additional Information. The price to be paid to redeem the Shares shall be equal to the net asset value calculated in accordance with the provisions of Section 3(e) hereof. All payments by the Fund Portfolio hereunder shall be made in the manner set forth below. The Fund, on behalf of the applicable Portfolio, shall pay the total amount of the redemption price subsequent to its having received the notice of redemption in proper form, all in accordance with applicable provisions of the Prospectus and the Statement of Additional Information on or before the seventh day after receipt of notice of redemption.

REPURCHASE OR REDEMPTION OF SHARES. (a) Any of the outstanding shares of any Portfolio portfolio may be tendered for redemption at any time, and the Fund Portfolio agrees to redeem the Shares so tendered in accordance with the applicable provisions set forth in the Prospectus and the Statement of Additional Information. The price to be paid to redeem the Shares shall be equal to the net asset value calculated in accordance with the provisions of Section 3(e) hereof. All payments by the Fund Portfolio hereunder shall be made in the manner set forth below. The Fund, on behalf of the applicable Portfolio, shall pay the total amount of the redemption price subsequent to its having received the notice of redemption in proper form, all in accordance with applicable provisions of the Prospectus and the Statement of Additional Information on or before the seventh day after receipt of notice of redemption.