Common use of Sales Charges Clause in Contracts

Sales Charges. A contingent deferred sales charge shall be retained by the Distributor from the net asset value of Shares of the Fund that it has redeemed, it being understood that such amounts will not be in excess of that set forth in the then-current registration statement of the Fund. Furthermore, the Distributor may retain any amounts authorized for payment to it under the Fund's Distribution Plan.

Appears in 36 contracts

Samples: Class C Distribution Agreement (Security Income Fund /Ks/), Distribution Agreement (Security Income Fund /Ks/), Class C Distribution Agreement (Security Equity Fund)

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Sales Charges. A contingent deferred sales charge shall be retained by the Distributor from the net asset value of Shares of the Fund that it has redeemed, it being understood that such amounts will not be in excess of that set forth in the then-current registration statement of the Fund. Furthermore, the Distributor may retain any amounts authorized for payment to it under the Fund's Distribution Plan. 6.

Appears in 1 contract

Samples: Income Fund Class S Distribution Agreement (Security Income Fund /Ks/)

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