Common use of Sale and Payment Clause in Contracts

Sale and Payment. 3.1 Shares of a Fund may be subject to a sales load and may be subject to the imposition of a distribution fee pursuant to the Distribution Plans referred to above. To the extent that Shares of a Fund are sold at an offering price which includes a sales load or subject to a contingent deferred sales load with respect to certain redemptions (either within a single class of Shares or pursuant to two or more classes of Shares), such Shares shall hereinafter be referred to collectively as “Load Shares” (and in the case of Shares that are sold with a front-end sales load, “Front-End Load Shares”, or Shares that are sold subject to a contingent deferred sales load, “CDSL Shares”). Funds that issue Front-End Load Shares shall hereinafter be referred to collectively as “Front-End Load Funds.” Funds that issue CDSL Shares shall hereinafter be referred to collectively as “CDSL Funds.” Front-End Load Funds and CDSL Funds may individually or collectively be referred as “Load Funds.” Under this Agreement, the following provisions shall apply with respect to the sale of, and payment for, Load Shares.

Appears in 8 contracts

Samples: Distribution Agreement (Sti Classic Funds), Distribution Agreement (RidgeWorth Funds), Distribution Agreement (RidgeWorth Funds)

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Sale and Payment. 3.1 Shares of a Fund may be subject to a sales load and may be subject to the imposition of a distribution fee pursuant to the Distribution Plans Plan referred to above. To the extent that Shares of a Fund are sold at an offering price which includes a sales load or subject to a contingent deferred sales load with respect to certain redemptions (either within a single class of Shares or pursuant to two or more classes of Shares), such Shares shall hereinafter be referred to collectively as “Load Shares” (and in the case of Shares that are sold with a front-end sales load, “Front-End end Load Shares”, or Shares that are sold subject to a contingent deferred sales load, “CDSL Shares”). Funds that issue Front-End Load Shares shall hereinafter be referred to collectively as “Front-End Load Funds.” Funds that issue CDSL Shares shall hereinafter be referred to collectively as “CDSL Funds.” Front-End end Load Funds and CDSL Funds may individually or collectively be referred as “Load Funds.” Under this Agreement, the following provisions shall apply with respect to the sale of, and payment for, Load Shares.

Appears in 8 contracts

Samples: Distribution Agreement (Performance Funds Trust), Distribution Agreement (HSBC Investor Funds), Distribution Agreement (First Funds)

Sale and Payment. 3.1 Shares of a Fund may be subject to a sales load and may be subject to the imposition of a distribution fee pursuant to the Distribution Plans and Service Plan referred to above. To the extent that Shares of a Fund are sold at an offering price which includes a sales load or at net asset value subject to a contingent deferred sales load with respect to certain redemptions (either within a single class of Shares or pursuant to two or more classes of Shares), such Shares shall hereinafter be referred to collectively as “Load Shares” (and in the case of Shares that are sold with a front-end sales load, “Front-End Load Shares”, load or Shares that are sold subject to a contingent deferred sales load), “Front-End Load Shares” or “CDSL Shares”). Funds ” and individually as a “Load Share,” a “Front-End Load Share” or a “CDSL Share.” A Fund that issue contains Front-End Load Shares shall hereinafter be referred to collectively as “Load Funds” or “Front-End Load Funds” and individually as a “Load Fund” or a “Front-end Load Fund.” Funds A Fund that issue contains CDSL Shares shall hereinafter be referred to collectively as “Load Funds” or “CDSL Funds.Front-End Load Funds and CDSL Funds may individually or collectively be referred as a “Load FundsFund” or a “CDSL Fund.” Under this Agreement, the following provisions shall apply with respect to the sale of, and payment for, Load Shares.

Appears in 4 contracts

Samples: Distribution Agreement (Access One Trust), Form of Distribution Agreement (Profunds), Form of Distribution Agreement (Access One Trust)

Sale and Payment. 3.1 Shares of a Fund may be subject to a sales load and may be subject to the imposition of a distribution fee pursuant to the Distribution Plans and Service Plan referred to above. To the extent that Shares of a Fund are sold at an offering price which includes a sales load or at net asset value subject to a contingent deferred sales load with respect to certain redemptions (either within a single class of Shares or pursuant to two or more classes of Shares), such Shares shall hereinafter be referred to collectively as “Load Shares” (and in the case of Shares that are sold with a front-end sales load, “Front-End Load Shares”, load or Shares that are sold subject to a contingent deferred sales load), “Front-End Load Shares” or “CDSL Shares”). Funds ” and individually as a “Load Share,” a “Front-End Load Share” or a “CDSL Share.” A Fund that issue contains Front-End Load Shares shall hereinafter be referred to collectively as “Load Funds” or “Front-End Load Funds.Funds and individually as a “Load Fund” or a “Front-end Load Fund” A Fund that issue contains CDSL Shares shall hereinafter be referred to collectively as “Load Funds” or “CDSL Funds.Front-End Load Funds and CDSL Funds may individually or collectively be referred as a “Load FundsFund” or a “CDSL Fund.” Under this Agreement, the following provisions shall apply with respect to the sale of, and payment for, Load Shares.

Appears in 2 contracts

Samples: Distribution Agreement (Access One Trust), Distribution Agreement (Profunds)

Sale and Payment. 3.1 Shares of a Fund may be subject to a sales load and may be subject to the imposition of a distribution fee pursuant to the Distribution Plans and Service Plan referred to above. To the extent that Shares of a Fund are sold at an offering price which includes a sales load or at net asset value subject to a contingent deferred sales load with respect to certain redemptions (either within a single class of Shares or pursuant to two or more classes of Shares), such Shares shall hereinafter be referred to collectively as “Load Shares” (and in the case of Shares that are sold with a front-end sales load, “Front-End Load Shares”, load or Shares that are sold subject to a contingent deferred sales load), “Front-End Load Shares” or “CDSL Shares”). Funds ” and individually as a “Load Share,” a “Front-End Load Share” or a “CDSL Share.” A Fund that issue contains Front-End Load Shares shall hereinafter be referred to collectively as “Load Funds” or “Front-End Load Funds” and individually as a “Load Fund” or a “Front-End Load Fund.” Funds A Fund that issue contains CDSL Shares shall hereinafter be referred to collectively as “Load Funds” or “CDSL Funds.Front-End Load Funds and CDSL Funds may individually or collectively be referred as a “Load FundsFund” or a “CDSL Fund.” Under this Agreement, the following provisions shall apply with respect to the sale of, and payment for, Load Shares.

Appears in 2 contracts

Samples: Distribution Agreement (Profunds), Distribution Agreement (Profunds)

Sale and Payment. 3.1 3.1. Shares of a Fund may be subject to a sales load and may be subject to the imposition of a distribution fee pursuant to the Distribution Plans Plan referred to above. To the extent that Shares of a Fund are sold at an offering price which includes a sales load or subject to a contingent deferred sales load with respect to certain redemptions (either within a single class of Shares or pursuant to two or more classes of Shares), such Shares shall hereinafter be referred to collectively as “Load Shares” (and in the case of Shares that are sold with a front-end sales load, “Front-End end Load Shares”, or Shares that are sold subject to a contingent deferred sales load, “CDSL Shares”). Funds that issue Front-End Load Shares shall hereinafter be referred to collectively as “Front-End Load Funds.” Funds that issue CDSL Shares shall hereinafter be referred to collectively as “CDSL Funds.” Front-End end Load Funds and CDSL Funds may individually or collectively be referred as “Load Funds.” Under this Agreement, the following provisions shall apply with respect to the sale of, and payment for, Load Shares.

Appears in 2 contracts

Samples: Distribution Agreement (Munder Series Trust Ii), Distribution Agreement (Munder Series Trust)

Sale and Payment. 3.1 Shares of a Fund may be subject to a sales load and may be subject to the imposition of a distribution fee pursuant to the Distribution Plans and Service Plan referred to above. To the extent that Shares of a Fund are sold at an offering price which includes a sales load or at net asset value subject to a contingent deferred sales load with respect to certain redemptions (either within a single class of Shares or pursuant to two or more classes of Shares)redemptions, such Shares shall hereinafter be referred to collectively as “Load Shares” (and in the case of Shares that are sold with a front-end sales load, “Front-End Load Shares”, load or Shares that are sold subject to a contingent deferred sales load), “Front-End Load Shares” or “CDSL Shares”). Funds ” and individually as a “Load Share,” a “Front-End Load Share” or a “CDSL Share.” A Fund that issue contains Front-End Load Shares shall hereinafter be referred to collectively as “Load Funds” or “Front-End Load Funds” and individually as a “Load Fund” or a “Front-end Load Fund.” Funds A Fund that issue contains CDSL Shares shall hereinafter be referred to collectively as “Load Funds” or “CDSL Funds.Front-End Load Funds and CDSL Funds may individually or collectively be referred as a “Load FundsFund” or a “CDSL Fund.” Under this Agreement, the following provisions shall apply with respect to the sale of, and payment for, Load Shares.

Appears in 1 contract

Samples: Distribution Agreement (Profunds)

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Sale and Payment. 3.1 Shares of a Fund may be subject to a sales load and may be subject to the imposition of a distribution fee pursuant to the Distribution Plans Plan referred to above. To the extent that Shares of a Fund are sold at an offering price which includes a sales load or subject to a contingent deferred sales load with respect to certain redemptions (either within a single class of Shares or pursuant to two or more classes of Shares), such Shares shall hereinafter be referred to collectively as “Load Shares” (and in the case of Shares that are sold with a front-end sales load, “Front-End end Load Shares”, or Shares that are sold subject to a contingent deferred sales load, “CDSL Shares”). It is specifically understood and agreed that redemption fees payable by frequent traders to the Fund to compensate for the expenses of trading activity do not represent a contingent deferred sales load. Funds that issue Front-End Load Shares shall hereinafter be referred to collectively as “Front-End Load Funds.” Funds that issue CDSL Shares shall hereinafter be referred to collectively as “CDSL Funds.” Front-End end Load Funds and CDSL Funds may individually or collectively be referred as “Load Funds.” Under this Agreement, the following provisions shall apply with respect to the sale of, and payment for, Load Shares.

Appears in 1 contract

Samples: Distribution Agreement (Greenwich Advisors Trust)

Sale and Payment. 3.1 Shares of a Fund may be subject to a sales load and may be subject to the imposition of a distribution fee pursuant to the Distribution Plans and Service Plan referred to above. To the extent that Shares of a Fund are sold at an offering price which includes a sales load or at net asset value subject to a contingent deferred sales load with respect to certain redemptions (either within a single class of Shares or pursuant to two or more classes of Shares), such Shares shall hereinafter be referred to collectively as “Load Shares” (and in the case of Shares that are sold with a front-end sales load, “Front-End Load Shares”, load or Shares that are sold subject to a contingent deferred sales load), “Front-End Load Shares” or “CDSL Shares”). Funds ” and individually as a “Load Share,” a “Front-End Load Share” or a “CDSL Share.” A Fund that issue contains Front-End Load Shares shall hereinafter be referred to collectively as “Load Funds” or “Front-End Load Funds” and individually as a “Load Fund” or a “Front-end Load Fund.” Funds A Fund that issue contains CDSL Shares shall hereinafter be referred to collectively as “Load Funds” or “CDSL Funds.Front-End Load Funds and CDSL Funds may individually or collectively be referred as a “Load FundsFund” or a “CDSL Fund.” Under this Agreement, the following provisions shall apply with respect to the sale of, and payment for, Load Shares.

Appears in 1 contract

Samples: Distribution Agreement (Profunds)

Sale and Payment. 3.1 Shares of a Fund may be subject to a sales load and may be subject to the imposition of a distribution fee pursuant to the Distribution Plans and Shareholder Service Plan referred to above. To the extent that Shares of a Fund are sold at an offering price which includes a sales load or subject are soldsubject to a contingent deferred sales load with respect to certain redemptions (either within a single class of Shares or pursuant to two or more classes of Shares), such Shares shall hereinafter be referred to collectively as "Load Shares" (and in the case of Shares that are sold with a front-end sales load, "Front-End Load Shares”, or " and Shares that are sold subject to a contingent deferred sales load, "CDSL Shares"). Funds that issue contain Front-End Load Shares shall hereinafter be referred to collectively as "Front-End Load Funds.". Funds that issue contain CDSL Shares shall hereinafter be referred to collectively as “"CDSL Funds." Front-End end Load Funds and CDSL Funds may individually or collectively be referred to as "Load Funds.” Under this Agreement, the " The following provisions shall apply with respect to the sale of, and payment for, Load Shares.

Appears in 1 contract

Samples: Distribution Agreement (Heartland Group Inc)

Sale and Payment. 3.1 Shares of a Fund may be subject to a sales load and may be subject to the imposition of a distribution fee pursuant to the Distribution Plans Plan referred to above. To the extent that Shares of a Fund are sold at an offering price which includes a sales load or subject to a contingent deferred sales load with respect to certain redemptions (either within a single class of Shares or pursuant to two or more classes of Shares), such Shares shall hereinafter be referred to collectively as "Load Shares" (and in the case of Shares that are sold with a front-end sales load, "Front-End end Load Shares", or Shares that are sold subject to a contingent deferred sales load, "CDSL Shares"). Funds that issue Front-End Load Shares shall hereinafter be referred to collectively as "Front-End Load Funds." Funds that issue CDSL Shares shall hereinafter be referred to collectively as "CDSL Funds." Front-End end Load Funds and CDSL Funds may individually or collectively be referred as "Load Funds." Under this Agreement, the following provisions shall apply with respect to the sale of, and payment for, Load Shares.

Appears in 1 contract

Samples: Distribution Agreement (HSBC Funds)

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