Common use of NET ASSET VALUE PER SHARE Clause in Contracts

NET ASSET VALUE PER SHARE. Shares of each Fund sold under this Agreement 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, 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 upon 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 Trustees, all as amended from time to time. The Trust or its agent 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 of each Fund sold under this Agreement 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, 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 upon 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 Trust Instrument of the Trust, each Fund's then-current Prospectus and Statement of Additional Information and the instructions of the Trustees, all as amended from time to time. The Trust or its agent will advise you as promptly as practicable of each Fund's net asset value per share on each day on which it is determined.