Common use of Sales of Shares by the Fund Clause in Contracts

Sales of Shares by the Fund. The Fund reserves the right to issue shares at any time directly to its shareholders as a stock dividend or stock split and to sell shares to its shareholders or to other persons approved by Xxxxxx at not less than net asset value.

Appears in 124 contracts

Samples: Distributor’s Contract (Putnam Asset Allocation Funds), Distributor’s Contract (Putnam Mortgage Recovery Fund), Distributor’s Contract (Putnam Global Income Trust)

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Sales of Shares by the Fund. The Fund reserves the right to issue shares at any time directly to its shareholders as a stock dividend or stock split and to sell shares to its shareholders or to other persons approved by Xxxxxx Pxxxxx at not less than net asset value.

Appears in 5 contracts

Samples: Distributor's Contract (Putnam Investors Fund), Distributor's Contract (Putnam International Equity Fund /Ma/), Distributor's Contract (Putnam Europe Equity Fund)

Sales of Shares by the Fund. The Fund reserves the right to issue shares at any time directly to its shareholders as a stock dividend or stock split and to sell shares to its shareholders or to other persons approved by Xxxxxx Putnam at not less than net asset value.

Appears in 3 contracts

Samples: Distributor’s Contract (Putnam U S Government Income Trust), Putnam U S Government Income Trust, Putnam U S Government Income Trust

Sales of Shares by the Fund. The Fund reserves the right to issue shares at any time directly to its shareholders as a stock dividend or stock split and to sell shares to its shareholders or to other persons approved by Xxxxxx at not less than net asset value.

Appears in 1 contract

Samples: Distribution Agreement (Americas Utility Fund Inc)

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Sales of Shares by the Fund. The Fund reserves the right to issue shares at any time directly to its shareholders as a stock dividend or stock split and to sell shares to its shareholders or to other persons approved by Xxxxxx the Distributor at not less than net asset value.

Appears in 1 contract

Samples: Empire Builder Tax Free Bond Fund

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