Common use of Allocation of CDSCS Clause in Contracts

Allocation of CDSCS. AND EWCS (1) CDSCS AND EWCS RELATED TO THE REDEMPTION OF COMMISSION SHARES OTHER THAN OMNIBUS SHARES: CDSCs and EWCs in respect of the redemption of Commission Shares which are not Omnibus Shares shall be allocated to IPSI or Successor Distributor depending upon whether the related redeemed Commission Share is attributable to IPSI or Successor Distributor, as the case may be, in accordance with Part I above. (2) CDSCS OR EWCS RELATED TO THE REDEMPTION OF OMNIBUS SHARES: CDSCs or EWCs in respect of the redemption of Omnibus Shares shall be allocated to IPSI or a Successor Distributor in the same proportion that CDSCs or EWCs related to the redemption of Commission Shares are allocated to each thereof; PROVIDED, that if IPSI and its transferees reasonably determine that the Transfer Agent is able to produce monthly reports which track the Date of Original Issuance for the Omnibus Shares, then the CDSCs or EWCs in respect of the redemption of Omnibus Shares shall be allocated among IPSI and any Successor Distributors depending on whether the related redeemed Omnibus Share is attributable to IPSI or a Successor Distributor, as the case may be, in accordance with Part I above.

Allocation of CDSCS. AND EWCS (1) CDSCS AND EWCS RELATED TO THE REDEMPTION OF COMMISSION SHARES OTHER THAN OMNIBUS SHARES: CDSCs and EWCs in respect of the redemption of Commission Shares which are not Omnibus Shares shall be allocated to IPSI or a Successor Distributor depending upon whether the related redeemed Commission Share is attributable to IPSI IFDI or Successor Distributor, as the case may be, in accordance with Part I above. (2) CDSCS OR EWCS RELATED TO THE REDEMPTION OF OMNIBUS SHARES: CDSCs or EWCs in respect of the redemption of Omnibus Shares shall be allocated to IPSI IFDI or a Successor Distributor in the same proportion that CDSCs or EWCs related to the redemption of Commission Shares are allocated to each thereof; PROVIDED, that if IPSI IFDI and its transferees reasonably determine that the Transfer Agent is able to produce monthly reports which track the Date of Original Issuance for the Omnibus Shares, then the CDSCs or EWCs in respect of the redemption of Omnibus Shares shall be allocated among IPSI IFDI and any Successor Distributors depending on whether the related redeemed Omnibus Share is attributable to IPSI IFDI or a Successor Distributor, as the case may be, in accordance with Part I above.