Common use of NET ASSET VALUE PER SHARE Clause in Contracts

NET ASSET VALUE PER SHARE. Shares of each Fund sold under this contract shall be sold only at the Offering Price in effect at the time of such sale, as described in the then-current Prospectus and Statement of Additional Information of each Fund as the same may be supplemented from time to time, and each Fund shall receive not less than the full net asset value thereof. Any front-end sales charge payable upon purchases and any contingent deferred sales charge ("CDSC") payable on redemptions shall be retained by you, it being understood that such amounts will not exceed those set forth in each Fund's then-current Prospectus. You may re-allow to dealers all or any part of these sales charges. Any reference to "net asset value per share" shall refer to each Fund's net asset value per share computed in accordance with the Trust's Agreement and Declaration of Trust, each Fund's then-current Prospectus and Statement of Additional Information and the instructions of the Board, all as changed or amended from time to time. The Trust or the investment adviser will advise you as promptly as practicable of each Fund's net asset value per share on each day on which it is determined.

NET ASSET VALUE PER SHARE. Shares All of each the shares of the Fund sold under this contract shall be sold only at the Offering Price in effect at the time of such sale, as described in the then-current Prospectus and Statement of Additional Information of each the Fund as the same may be supplemented from time to time, and each the Fund shall receive not less than the full net asset value thereof. Any It is agreed that any front-end sales charge payable upon purchases and any contingent deferred sales charge ("CDSC") payable on redemptions shall be retained by you, it being understood that such amounts will not exceed those set forth in each the Fund's then-current Prospectus. You may re-allow to dealers all or any part of these sales chargesthe discount you are allowed. Any reference to "net asset value per share" shall refer to each the Fund's net asset value per share computed in accordance with the Trust's Agreement and Declaration of Trust, each Fund's charter, then-current Prospectus and Statement of Additional Information and the instructions of the Board, all as changed or amended from time to time. The Trust Fund or the its investment adviser will advise you as promptly as practicable of each the Fund's net asset value per share on each day on which it is determined.