Common use of Processing Transactions Clause in Contracts

Processing Transactions. In calculating the number of shares to be issued on purchase or reinvestment, or redeemed or repurchased, or the amount of the purchase payment or redemption or repurchase proceeds owed, AAL shall use the net asset value per share computed by AAL in accordance with the investment advisory agreement between the Fund and AAL. The authority of AAL to process purchases, reinvestments, redemptions and repurchases shall be suspended upon receipt of notification by AAL of the suspension of the determination of the net asset value of the Portfolios of the Fund, until such suspension has been lifted.