Common use of Suspension of Sales Clause in Contracts

Suspension of Sales. If and whenever the determination of net asset value is suspended and until such suspension is terminated, no further orders for shares shall be processed by Distributors except such unconditional orders as may have been placed with Distributors before it had knowledge of the suspension. In addition, the Issuer reserves the right to suspend sales and Distributors' authority to process orders for shares on behalf of the Issuer if, in the judgment of the Issuer, it is in the best interests of the Issuer to do so. Suspension will continue for such period as may be determined by the Issuer.

Appears in 1371 contracts

Samples: General Distribution Agreement (Fidelity Advisor Series Ii), General Distribution Agreement (Fidelity Advisor Series Ii), General Distribution Agreement (Fidelity Advisor Series Ii)

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Suspension of Sales. If and whenever the determination of net asset value is suspended and until such suspension is terminated, no further orders for shares shall be processed by Distributors except such unconditional orders as may have been placed with Distributors before it had knowledge of the suspension. In addition, the Issuer reserves the right to suspend sales and Distributors' authority to process orders for shares on behalf of the Issuer if, in the judgment of the Issuer, it is in the best interests of the Issuer to do so. Suspension will continue for such period as may be determined by the Issuer.

Appears in 831 contracts

Samples: General Distribution Agreement (Fidelity Aberdeen Street Trust), General Distribution Agreement (Fidelity Aberdeen Street Trust), General Distribution Agreement (Fidelity Aberdeen Street Trust)

Suspension of Sales. If and whenever the determination of net asset value is suspended and until such suspension is terminated, no further orders for shares shall be processed by Distributors except such unconditional orders as may have been placed with Distributors before it had knowledge of the suspension. In addition, the Issuer reserves the right to suspend sales and Distributors' authority to process orders for shares on behalf of the Issuer if, in the judgment of the Issuer, it is in the best interests of the Issuer to do so. Suspension will continue for such period as may be determined by the Issuer. 6.

Appears in 76 contracts

Samples: General Distribution Agreement (Fidelity Aberdeen Street Trust), General Distribution Agreement (Fidelity Capital Trust), General Distribution Agreement (Fidelity Advisor Series Viii)

Suspension of Sales. If and whenever the determination of net asset value is suspended and until such suspension is terminated, no further orders for shares shall be processed by Distributors the Distributor except such unconditional orders as may have been placed with Distributors the Distributor before it had knowledge of the suspension. In addition, the Issuer reserves the right to suspend sales and Distributors' the Distributor's authority to process orders for shares on behalf of the Issuer if, in the judgment of the Issuer, it is in the best interests of the Issuer to do so. Suspension will continue for such period as may be determined by the Issuer. 6.

Appears in 30 contracts

Samples: General Distribution Agreement (Fidelity Advisor Series I), General Distribution Agreement (Fidelity Advisor Series Vii), General Distribution Agreement (Fidelity Court Street Trust Ii)

Suspension of Sales. If and whenever the determination of net asset value is suspended and until such suspension is terminated, no further orders for shares shall be processed by Distributors the Distributor except such unconditional orders as may have been placed with Distributors the Distributor before it had knowledge of the suspension. In addition, the Issuer reserves the right to suspend sales and Distributors' the Distributor's authority to process orders for shares on behalf of the Issuer if, in the judgment of the Issuer, it is in the best interests of the Issuer to do so. Suspension will continue for such period as may be determined by the Issuer.

Appears in 22 contracts

Samples: General Distribution Agreement (Fidelity Municipal Trust), General Distribution Agreement (Fidelity Investment Trust), General Distribution Agreement (Fidelity School Street Trust/)

Suspension of Sales. If and whenever the determination of net asset value is suspended and until such suspension is terminated, no further orders for shares Shares shall be processed by Distributors the Distributor except such unconditional orders as may have been placed with Distributors the Distributor before it had knowledge of the suspension. In addition, the Issuer Fund reserves the right to suspend sales and Distributors' the Distributor's authority to process orders for shares Shares on behalf of the Issuer Fund if, in the judgment of the IssuerFund, it is in the best interests of the Issuer Fund to do so. Suspension will continue for such period as may be determined by the IssuerFund.

Appears in 2 contracts

Samples: General Distribution Agreement (Stonebridge Growth Fund Inc), General Distribution Agreement (Stonebridge Aggressive Growth Fund Inc)

Suspension of Sales. If and whenever the determination of net asset value is suspended and until such suspension is terminated, no further orders for shares Shares shall be processed by Distributors the Distributor except such unconditional orders as may have been placed with Distributors the Distributor before it had knowledge of the suspension. In addition, the Issuer Trust reserves the right to suspend sales and Distributors' the Distributor's authority to process orders for shares Shares on behalf of the Issuer Trust if, in the judgment of the IssuerTrust, it is in the best interests of the Issuer Trust to do so. Suspension will continue for such period as may be determined by the IssuerTrust.

Appears in 2 contracts

Samples: General Distribution Agreement (First Funds), General Distribution Agreement (First Funds)

Suspension of Sales. If and whenever the determination of net asset value is suspended and until such suspension is terminated, no further orders for shares shall be processed by Distributors except such unconditional orders as may have been placed with Distributors before it had knowledge of the suspension. In addition, the Issuer reserves the right to suspend sales and Distributors' Distributors ’ authority to process orders for shares on behalf of the Issuer if, in the judgment of the Issuer, it is in the best interests of the Issuer to do so. Suspension will continue for such period as may be determined by the Issuer.

Appears in 2 contracts

Samples: General Distribution Agreement (Fidelity Investment Trust), General Distribution Agreement (Fidelity Investment Trust)

Suspension of Sales. If and whenever the determination of net asset ------------------- value is suspended and until such suspension is terminated, no further orders for shares Series Shares shall be processed by Distributors the Distributor except such 2 unconditional orders as may have been placed with Distributors the Distributor before it had knowledge of the suspension. In addition, the Issuer reserves the right to suspend sales and Distributors' the Distributor's authority to process orders for shares Series Shares on behalf of the Issuer if, in the judgment of the Issuer, it is in the best interests of the Issuer to do so. Suspension Any such suspension will continue for such period as long as the Issuer may be determined by the Issuerdetermine in its sole discretion.

Appears in 1 contract

Samples: General Distribution Agreement (Walnut Street Funds Inc)

Suspension of Sales. If and whenever the determination of net asset value is suspended suspended, and until such suspension is terminated, no further orders for shares shall be processed by Distributors except such unconditional orders as may have been placed with Distributors before it the Distributor had knowledge of the suspension. In addition, the Issuer reserves the right to suspend sales and Distributors' authority to process orders for shares on behalf of the Issuer if, in the judgment of the Issuer's Board of Directors, it is in the best interests of the Issuer to do so. Suspension will Such suspension of sales shall continue for such period of time as may be determined by the Issuer. The Issuer shall give the Distributor prompt notice of any suspension of sales.

Appears in 1 contract

Samples: Distribution Agreement (Homestead Funds Inc)

Suspension of Sales. If and whenever the determination of net asset value for the Fund is suspended and until such suspension is terminated, no further orders for shares sales for Shares shall be processed by Distributors the Distributor except such unconditional orders as may have been placed with Distributors the Distributor before it had knowledge of the suspension. In addition, the Issuer Fund reserves the right to suspend sales of Shares and Distributors' the Distributor's authority to process orders for shares on behalf of the Issuer Shares if, in the judgment of the IssuerFund, it is in the best interests of the Issuer Fund to do so. Suspension will shall continue for such period as may be determined by the IssuerFund.

Appears in 1 contract

Samples: General Distribution Agreement (Capstone Church Bond Fund)

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Suspension of Sales. If and whenever the determination of net asset value is suspended and until such suspension is terminated, no further orders for shares sales shall be processed by Distributors the Distributor except such unconditional orders as may have been placed with Distributors the Distributor before it had knowledge of the suspension. In addition, the Issuer reserves the right to suspend sales and Distributors' the Distributor's authority to process orders for shares on behalf of the Issuer if, in the judgment of the Issuer, it is in the best interests of the Issuer to do so. Suspension will continue for such period as may be determined by the Issuer.

Appears in 1 contract

Samples: General Distribution Agreement (Capstone Growth Fund Inc)

Suspension of Sales. If and whenever the determination of net asset value is suspended and until such suspension is terminated, no further orders for shares shall be processed by Distributors the Distributor except such unconditional orders as may have been placed with Distributors the Distributor before it had knowledge of the suspension. In addition, the Issuer reserves the right to suspend sales and Distributors' authority to process orders for shares on behalf of the Issuer if, in the judgment of the Issuer, it is in the best interests of the Issuer to do so. Suspension will continue for such period as may be determined by the Issuer. 6.

Appears in 1 contract

Samples: General Distribution Agreement (Fidelity Municipal Trust)

Suspension of Sales. If and whenever the determination of net asset value is suspended and until such suspension is terminated, no further orders for shares Shares shall be processed by Distributors the Distributor except such unconditional orders as may have been placed with Distributors the Distributor before it had knowledge of the suspension. In addition, the Issuer Fund reserves the right to suspend sales and Distributors' the Distributor’s authority to process orders for shares Shares on behalf of the Issuer Funds if, in the judgment of the IssuerFund, it is in the best interests of the Issuer Funds to do so. Suspension will continue for such period as may be determined by the IssuerFund.

Appears in 1 contract

Samples: Ameristock Mutual Fund Distribution Agreement (Ameristock Mutual Fund Inc)

Suspension of Sales. If and whenever the determination of net asset value for the Fund is suspended and until such suspension is terminated, no further orders for shares sales for Shares shall be processed by Distributors the Distributor except such unconditional orders as may have been placed with Distributors the Distributor before it had knowledge of the suspension. In addition, the Issuer Fund reserves the right to suspend sales of Shares and Distributors' the Distributor’s authority to process orders for shares on behalf of the Issuer Shares if, in the judgment of the IssuerFund, it is in the best interests of the Issuer Fund to do so. Suspension will shall continue for such period as may be determined by the IssuerFund.

Appears in 1 contract

Samples: General Distribution Agreement (Capstone Church Capital Fund)

Suspension of Sales. If and whenever the determination of net asset value is suspended suspended, and until such suspension is terminated, no further orders for shares shall be processed by Distributors except such unconditional orders as may have been placed with Distributors before it the Distributor had knowledge of the suspension. In addition, the Issuer reserves the right to suspend sales and Distributors' authority to process orders for shares on behalf of the Issuer if, in the judgment of the Issuer’s Board of Directors, it is in the best interests of the Issuer to do so. Suspension will Such suspension of sales shall continue for such period of time as may be determined by the Issuer. The Issuer shall give the Distributor prompt notice of any suspension of sales.

Appears in 1 contract

Samples: Distribution Agreement (Homestead Funds Inc)

Suspension of Sales. If and whenever the determination of net ------------------- asset value is suspended and until such suspension is terminated, no further orders for shares Shares shall be processed by Distributors except such unconditional orders as may have been placed with Distributors before it had knowledge of the suspensionDistributor. In addition, the Issuer Fund reserves the right to suspend sales and Distributors' the Distributor's authority to process orders for shares Shares on behalf of the Issuer Fund if, in the judgment of the IssuerFund, it is in the best interests of the Issuer Fund to do so. Suspension will continue for such period as may be determined by the IssuerFund. In addition, the Fund reserves the right to reject any purchase order.

Appears in 1 contract

Samples: Distribution Agreement (Rockland Funds Trust)

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