Common use of Share Redemptions Clause in Contracts

Share Redemptions. Prior to each Valuation Time for a Series on each Fund Business Day, as specified in accordance with Section 11 above, Norwest shall process all requests to redeem Shares of each Class of the Series in accordance with Section 8. Upon confirmation of the net asset value by the Manager, Norwest shall notify the Trust and the Custodian of the redemption amount, apply the redemption proceeds in accordance with Section 13 and the Prospectus, record the redemption in the stock registry books, and debit the redeemed Shares from the Unissued Certificates Account, if appropriate, and the account of the Shareholder and xxxx "canceled" or destroy any Share Certificates evidencing the redeemed shares. In lieu of carrying out the redemption procedures described in the preceding paragraph, Norwest may, at the request of the Trust, sell Shares of each class of each Series to the Trust as repurchases from Shareholders, provided that the sale price is not less than the applicable redemption price. The redemption procedures shall then be appropriately modified. The Trust may authorize Norwest by Written Instruction to effect any redemptions upon provision of an indemnity satisfactory in form to Norwest.

Share Redemptions. Prior to each Valuation Time for a Series on each Fund Business Day, as specified in accordance with Section 11 above12, Norwest FFC shall process all requests to redeem Shares of each Series or Class of the Series in accordance with Section 8. Upon confirmation of the net asset value by the ManagerFund Accountant, Norwest FFC shall notify the Trust and the Custodian of the redemption amount, apply the redemption proceeds in accordance with Section 13 14 and the Prospectus, record the redemption in the stock registry books, and debit the redeemed Shares from the Unissued Certificates Account, if appropriate, and the account of the Shareholder Shareholder, and xxxx "canceled" or destroy any Share Certificates evidencing the redeemed shares. In lieu of carrying out the redemption procedures described in the preceding paragraph, Norwest FFC may, at the request of the Trust, sell Shares of each class of each Series to the Trust as repurchases from Shareholders, provided that the sale price is not less than the applicable redemption price. The redemption procedures shall then be appropriately modified. The Trust may authorize Norwest FFC by Written Instruction to effect any redemptions upon provision of an indemnity satisfactory in form to NorwestFFC.

Share Redemptions. Prior to each Valuation Time for a Series on each Fund Business Day, as specified in accordance with Section 11 above11, Norwest FFC shall process all requests to redeem Shares of each Series or Class of the Series in accordance with Section 8. Upon confirmation of the net asset value by the ManagerFund Accountant, Norwest FFC shall notify the Trust Fund and the Custodian of the redemption amount, apply the redemption proceeds in accordance with Section 13 and the Prospectus, record the redemption in the stock registry books, and debit the redeemed Shares from the Unissued Certificates Account, if appropriate, and the account of the Shareholder Shareholder, and xxxx "canceledcancelled" or destroy any Share Certificates evidencing the redeemed shares. In lieu of carrying out the redemption procedures described in the preceding paragraph, Norwest FFC may, at the request of the TrustFund, sell Shares of each class of each Series to the Trust Fund as repurchases from Shareholders, provided that the sale price is not less than the applicable redemption price. The redemption procedures shall then be appropriately modified. The Trust Fund may authorize Norwest FFC by Written Instruction to effect any redemptions upon provision of an indemnity satisfactory in form to NorwestFFC.

Share Redemptions. Prior to each Valuation Time for a Series on each Fund Business Day, as specified in accordance with Section 11 above12, Norwest FSS shall process all requests to redeem Shares of each Series or Class of the Series in accordance with Section 8. Upon confirmation of the net asset value by the ManagerFund Accountant, Norwest FSS shall notify the Trust and the Custodian of the redemption amount, apply the redemption proceeds in accordance with Section 13 14 and the Prospectus, record the redemption in the stock registry books, and debit the redeemed Shares from the Unissued Certificates Account, if appropriate, and the account of the Shareholder Shareholder, and xxxx "canceled" or destroy any Share Certificates evidencing the redeemed shares. In lieu of carrying out the redemption procedures described in the preceding paragraph, Norwest FSS may, at the request of the Trust, sell Shares of each class of each Series to the Trust as repurchases from Shareholders, provided that the sale price is not less than the applicable redemption price. The redemption procedures shall then be appropriately modified. The Trust may authorize Norwest FSS by Written Instruction to effect any redemptions upon provision of an indemnity satisfactory in form to NorwestFSS.

Share Redemptions. Prior to each Valuation Time for a Series on each Fund Business Day, as specified in accordance with Section 11 above12, Norwest FFC shall process all requests to redeem Shares of each Series or Class of the Series in accordance with Section 8. Upon confirmation of the net asset value by the ManagerFund Accountant, Norwest FFC shall notify the Trust Corporation and the Custodian of the redemption amount, apply the redemption proceeds in accordance with Section 13 14 and the Prospectus, record the redemption in the stock registry books, and debit the redeemed Shares from the Unissued Certificates Account, if appropriate, and the account of the Shareholder Shareholder, and xxxx "canceled" or destroy any Share Certificates evidencing the redeemed shares. In lieu of carrying out the redemption procedures described in the preceding paragraph, Norwest FFC may, at the request of the TrustCorporation, sell Shares of each class of each Series to the Trust Corporation as repurchases from Shareholders, provided that the sale price is not less than the applicable redemption price. The redemption procedures shall then be appropriately modified. The Trust Corporation may authorize Norwest FFC by Written Instruction to effect any redemptions upon provision of an indemnity satisfactory in form to NorwestFFC.