Common use of Receipt of Funds Clause in Contracts

Receipt of Funds. Upon receipt of any check or other instrument drawn or endorsed to it as agent for, or identified as being for the account of, the Trust or the principal underwriter of the Trust (the "Underwriter"), Countrywide shall stamp the check or instrument with the date of receipt, determine the amount thereof due the Trust and shall forthwith process the same for collection. Upon receipt of notification of receipt of funds eligible for share purchases in accordance with the Trust's then current prospectus and statement of additional information, Countrywide shall notify the Trust, at the close of each business day, in writing of the amount of said funds credited to the Trust and deposited in its account with the Custodian, and shall similarly notify the Underwriter of the amount of said funds credited to the Underwriter and deposited in its account with its designated bank.

Receipt of Funds. Upon receipt of any check or other instrument drawn or endorsed to it as agent for, or identified as being for the account of, the Trust or the principal Countrywide Investments, Inc., as underwriter of the Trust (the "Underwriter"), Countrywide shall stamp the check or instrument with the date of receipt, determine the amount thereof due the Trust and shall forthwith process the same for collection. Upon receipt of notification of receipt of funds eligible for share purchases in accordance with the Trust's then current prospectus and statement of additional information, Countrywide shall notify the Trust, at the close of each business day, in writing of the amount of said funds credited to the Trust and deposited in its account with the Custodian, and shall similarly notify the Underwriter of the amount of said funds credited to the Underwriter and deposited in its account with its designated bank.

Receipt of Funds. Upon receipt of any check or other instrument drawn or endorsed to it as agent for, or identified as being for the account of, the Trust or the principal underwriter of the Trust (the "Underwriter"), Countrywide shall stamp the check or instrument with the date of receipt, determine the amount thereof due the Trust and shall forthwith process the same for collection. Upon receipt of notification of receipt of funds eligible for share purchases in accordance with the Trust's then current prospectus and statement of additional information, Countrywide shall notify the Trust, at the close of each business day, in writing of the amount of said funds credited to the Trust and deposited in its account with the Custodian, and shall similarly notify the Underwriter of the amount of said funds credited to the Underwriter and deposited in its account with its designated bank.

Receipt of Funds. Upon receipt of any check or other instrument drawn or endorsed to it as agent for, or identified as being for the account of, the Trust or the principal underwriter of the Trust (the "Underwriter"), Countrywide CityFund shall stamp the check or instrument with the date of receipt, determine the amount thereof due the Trust and shall forthwith process the same for collection. Upon receipt of notification of receipt of funds eligible for share purchases in accordance with the Trust's then current prospectus and statement of additional information, Countrywide CityFund shall notify the Trust, at the close of each business day, in writing of the amount of said funds credited to the Trust and deposited in its account with the Custodian, and shall similarly notify the Underwriter of the amount of said funds credited to the Underwriter and deposited in its account with its designated bank.

Receipt of Funds. Upon receipt of any check or other instrument drawn or endorsed to it as agent for, or identified as being for the account of, the Trust or the principal underwriter of the Trust (the "Underwriter"), Countrywide Dunhill shall stamp the check or instrument with the date of receipt, determine the amount thereof due the Trust and shall forthwith process the same for collection. Upon receipt of notification of receipt of funds eligible for share purchases in accordance with the Trust's then current prospectus and statement of additional information, Countrywide Dunhill shall notify the Trust, at the close of each business day, in writing of the amount of said funds credited to the Trust and deposited in its account with the Custodian, and shall similarly notify the Underwriter of the amount of said funds credited to the Underwriter and deposited in its account with its designated bank.

Receipt of Funds. Upon receipt of any check or other instrument drawn or endorsed to it as agent for, or identified as being for the account of, the Trust or the principal underwriter of the Trust (the "Underwriter"), Countrywide Integrated shall stamp the check or instrument with the date of receipt, determine the amount thereof due the Trust and shall forthwith process the same for collection. Upon receipt of notification of receipt of funds eligible for share purchases in accordance with the Trust's then current prospectus and statement of additional information, Countrywide Integrated shall notify the Trust, at the close of each business day, in writing of the amount of said funds credited to the Trust and deposited in its account with the Custodian, and shall similarly notify the Underwriter of the amount of said funds credited to the Underwriter and deposited in its account with its designated bank.