Common use of Sale of Shares Clause in Contracts

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units (the "Shares") of the portfolios (the "Portfolios") of the Trust at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units (the "“Shares"”) of the portfolios (the "“Portfolios"”) of the Trust Trust, in such classes as may be offered from time to time, at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("“Blue Sky Laws"”).

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units (the "Shares") of the portfolios (the "Portfolios") of the Trust Trust, in such classes as may be offered from time to time, at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units (the "Sharesthe"Shares") of the portfolios (the "Portfolios") of the Trust at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units of beneficial interest (the "Shares") of the portfolios (the "Portfolios") of the Trust listed on Schedule X hereto (each a "Fund" and, collectively, the "Clover Funds") at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectusprospectuses, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units (the "Shares") of the investment portfolios (the "PortfoliosFunds") of the Trust at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectusprospectuses, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units shares (the "Shares") of the portfolios (the "Portfolios") of the Trust at the net asset value per Share, plus any applicable sales charges charge in accordance with the Trust's current prospectusprospectuses, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states (the "Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units (the "Shares") of the portfolios (the "Portfolios") Shares of the Trust at the net asset value per Share, plus any applicable sales charges Share in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units (the "Shares") Shares of the portfolios (the "Portfolios") each portfolio of the Trust (each a "Portfolio"), at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectusprospectus for the Shares, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws")states.

Sale of Shares. The Trust grants to the Distributor the -------------- exclusive right to sell units (the "Shares") of the portfolios (the "Portfolios") of the Trust at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectusprospectuses, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states (the "Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units (the "Shares") of the portfolios (the "Portfolios") of the Trust at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectusprospectuses, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states (the "Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units (the "Shares") of the portfolios (the "Portfolios") Shares of the Trust at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states (the "Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the -------------- exclusive right to sell units (the "Shares") of the portfolios (the "Portfolios") of the Trust at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws").

Sale of Shares. The Trust grants Trusts grant to the Distributor the exclusive right to sell units (the "Shares") of the portfolios (the "Portfolios") of the Trust Trusts at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectus, as agent and on behalf of the TrustTrusts, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the -------------- exclusive right to sell units (the "Shares") of the portfolios (the "Portfolios") of the Trust at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right risk to sell units (the "Shares") of the portfolios (the "Portfolios") of the Trust at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units beneficial interests (the "Shares") of the portfolios (the "Portfolios") of the Trust at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units (the "Shares") of the portfolios (the "Portfolios") Shares of the Trust at the net asset value per Share, plus any applicable sales charges Share in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states (the "Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units (the "Shares") Shares of the portfolios (the "Portfolios") each portfolio of the Trust (each a "Portfolio"), at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectusprospectus for the Shares, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units shares (the "Shares") of the portfolios funds (the "PortfoliosFunds") of the Trust at the net asset value per Share, plus any applicable sales charges charge in accordance with the Trust's current prospectusprospectuses, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states (the "Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the --------------- exclusive right to sell units (the "Shares") of the portfolios (the "Portfolios") of the Trust at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units (the "Shares") shares of the portfolios (the "Portfolios") of the Trust on Portfolios at the net asset value per Shareshare, plus any applicable sales charges in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the on SEC and the laws governing the sale of securities in the various states (the "Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units (the "Shares") of the portfolios (the "Portfolios") Portfolios of the Trust at the net asset value per Share, plus any applicable sales charges in accordance with the Portfolios' current prospectusprospectuses, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units (the "Shares") of the portfolios (the "Portfolios") Shares of the Trust at the net asset value offering price per Share, plus any applicable sales charges Share in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units of beneficial interest (the "“Shares"”) of the portfolios (the "Portfolios") of the Trust Trust, at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("“Blue Sky Laws"”). The Distributor shall comply in all material respects with all applicable laws, rules and regulations in performing its duties hereunder.

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units (the "Shares") Shares of the portfolios (the "Portfolios") each portfolio of the Trust (each a "Portfolio"), at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectusprospectuses for the Shares, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units (the "Shares") of the portfolios funds (the "PortfoliosFunds") of the Trust at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units (the "Shares") of the portfolios (the "Portfolios") of the Trust at the net asset value offering price per Share, plus any applicable sales charges in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units beneficial interests (the "Shares") of the portfolios (the "Portfolios") of the Trust at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws"). ARTICLE 2.

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units shares (the "Shares") of the portfolios (the "Portfolios") of the Trust at the net asset value per Share, plus any applicable sales charges Share in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units (the "Shares") shares of the portfolios (the "Portfolios") of the Trust Portfolios at the net asset value per Shareshare, plus any applicable sales charges in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states (the "Blue Sky Laws").

Sale of Shares. The Trust grants to the Distributor the exclusive right to sell units (the "“Shares"”) of the portfolios (the "“Portfolios"”) of the Trust at the net asset value per Share, plus any applicable sales charges in accordance with the current prospectus, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states ("“Blue Sky Laws"”).

Sale of Shares. The Trust grants to the Distributor the -------------- exclusive right to sell units shares (the "Shares") of the portfolios (the "Portfolios") of the Trust at the net asset value per Share, plus any applicable sales charges charge in accordance with the Trust's current prospectusprospectuses, as agent and on behalf of the Trust, during the term of this Agreement and subject to the registration requirements of the 1933 Act, the rules and regulations of the SEC and the laws governing the sale of securities in the various states (the "Blue Sky Laws").