Common use of Orders and Payment for Shares Clause in Contracts

Orders and Payment for Shares. Orders for Shares shall be directed to the Fund’s Transfer Agent, for acceptance on behalf of the Fund. At or prior to the time of delivery of any of the Trust’s Shares, Curian Clearing shall pay or cause to be paid to the custodian of the Fund’s assets, for the Trust’s account, an amount in cash equal to the net asset value of such Shares. Sales of Shares shall be deemed to be made when and where accepted by the Fund’s Transfer Agent. The Fund’s custodian and Transfer Agent shall be identified in its prospectus(es).

Appears in 2 contracts

Sources: Distribution Agreement (Curian Series Trust), Distribution Agreement (Curian Series Trust)

Orders and Payment for Shares. Orders for Shares shall be directed to -------------------------------- the Fund’s 's Transfer Agent, for acceptance on behalf of the Fund. At or prior to the time of delivery of any of the Trust’s 's Shares, Curian Clearing shall pay or cause to be paid to the custodian of the Fund’s 's assets, for the Trust’s 's account, an amount in cash equal to the net asset value of such Shares. Sales of Shares shall be deemed to be made when and where accepted by the Fund’s 's Transfer Agent. The Fund’s 's custodian and Transfer Agent shall be identified in its prospectus(es).

Appears in 1 contract

Sources: Distribution Agreement (Curian Series Trust)