Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“Minimum Qualified Holdings”), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA Rules. The Distributor may make Plan payments to any “affiliated person” (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 207 contracts
Sources: Distribution Agreement (Oppenheimer Rochester Short Duration High Yield Municipal Fund), Distribution Agreement (Oppenheimer Intermediate Term Municipal Fund), Distribution Agreement (Oppenheimer Intermediate Income Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 82 contracts
Sources: Distribution Agreement (Oppenheimer Convertible Securities Fund), Distribution Agreement (Oppenheimer Select Growth Fund), Distribution Agreement (Oppenheimer Main Street Opportunity Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period such quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 60 contracts
Sources: Distribution Agreement (Oppenheimer Midcap Fund), Distribution Agreement (Oppenheimer Select Growth Fund), Distribution Agreement (Oppenheimer Stable Value Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇1940 Act) of the Distributor ▇▇ ▇▇▇) of the Distributor if such ▇ affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 31 contracts
Sources: Distribution Agreement (Oppenheimer Gold & Special Minerals Fund), Distribution Agreement (Oppenheimer Principal Protected Trust), Distribution Agreement (Oppenheimer International Growth Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇1940 Act) of the Distributor ▇▇ ▇▇▇) of the Distributor if such ▇ affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 30 contracts
Sources: Distribution Agreement (Oppenheimer International Value Trust), Distribution Agreement (Oppenheimer Global Opportunities Fund), Distribution Agreement (Oppenheimer Portfolio Series)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor may make the following payments to Recipients:
Appears in 27 contracts
Sources: Distribution Agreement (Oppenheimer Integrity Funds), Distribution Agreement (Oppenheimer Midcap Value Fund), Distribution Agreement (Oppenheimer Europe Fund)
Payments to Recipients. The Distributor is authorized under the ---------------------- Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇1940 Act) of the Distributor ▇▇ ▇▇▇) of the Distributor if such ▇ affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 19 contracts
Sources: Distribution Agreement (Oppenheimer Discovery Fund), Distribution Agreement (Oppenheimer Quest for Value Funds), Distribution and Service Plan and Agreement (Oppenheimer U S Government Trust)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“Minimum Qualified Holdings”), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA Rules. The Distributor may make Plan payments to any “affiliated person” (as defined in the ▇1▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 16 contracts
Sources: Distribution Agreement (Oppenheimer Small Cap Value Fund), Distribution Agreement (Oppenheimer Global Multi-Asset Growth Fund), Distribution Agreement (Oppenheimer Global Multi-Asset Income Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇1940 Act) of the Distributor ▇▇ ▇▇▇) of the Distributor if such h affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor may make the following payments to Recipients:
Appears in 13 contracts
Sources: Distribution Agreement (Oppenheimer Select Value Fund), Distribution Agreement (Oppenheimer Quest for Value Funds), Distribution Agreement (Oppenheimer Enterprise Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period such quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent TrusteesDirectors. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 11 contracts
Sources: Distribution Agreement (Oppenheimer Quest Global Value Fund Inc), Distribution Agreement (Oppenheimer Quest Capital Value Fund Inc), Distribution Agreement (Oppenheimer Quest Capital Value Fund Inc)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇1940 Act) of the Distributor ▇▇ ▇▇▇) of the Distributor if such ▇ affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor may make the following payments to Recipients:
Appears in 10 contracts
Sources: Distribution Agreement (Oppenheimer Growth Fund), Distribution Agreement (Oppenheimer Principal Protected Trust), Distribution Agreement (Oppenheimer Quest for Value Funds)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the ▇▇▇▇ ▇▇▇) of the Distributor ▇▇tor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 9 contracts
Sources: Distribution Agreement (Oppenheimer Transition 2025 Fund), Distribution Agreement (Oppenheimer Total Return Bond Fund), Distribution Agreement (Oppenheimer High Yield Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent TrusteesDirectors. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 8 contracts
Sources: Distribution Agreement (Oppenheimer Quest Global Value Fund Inc), Distribution Agreement (Oppenheimer Total Return Fund Inc), Distribution Agreement (Penn Street Fund Inc)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period such quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the ▇▇▇▇ ▇▇▇) of the Distributor ▇▇tor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 8 contracts
Sources: Distribution Agreement (Oppenheimer Principal Protected Trust Ii), Distribution Agreement (Oppenheimer Transition 2040 Fund), Distribution Agreement (Oppenheimer Dividend Growth Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent TrusteesDirectors. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 8 contracts
Sources: Distribution Agreement (SteelPath MLP Funds Trust), Distribution Agreement (SteelPath MLP Funds Trust), Distribution Agreement (Oppenheimer Quest for Value Funds)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the ▇▇▇▇ ▇▇▇) of the Distributor ▇▇tor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 7 contracts
Sources: Distribution Agreement (Oppenheimer Rochester Virginia Municipal Fund), Distribution Agreement (Oppenheimer Rochester North Carolina Municipal Fund), Distribution Agreement (Oppenheimer Rochester Michigan Municipal Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent TrusteesDirectors. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇1940 Act) of the Distributor ▇▇ ▇▇▇) of the Distributor if such ▇ affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 7 contracts
Sources: Distribution Agreement (Oppenheimer Quest Capital Value Fund Inc), Distribution Agreement (Oppenheimer Series Fund Inc), Distribution Agreement (Oppenheimer Quest Capital Value Fund Inc)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the ▇▇▇▇ ▇▇▇) of the Distributor ▇▇tor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 7 contracts
Sources: Distribution Agreement (Oppenheimer Rochester General Municipal Fund), Distribution Agreement (Oppenheimer Rochester Maryland Municipal Fund), Distribution Agreement (Oppenheimer Rochester Michigan Municipal Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients to a Recipient a service fee (1“Recipient Service Fee”) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“Minimum Qualified Holdings”), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee Service Fee payments and Advance Recipient Service Fee Payments (as defined below) do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA Rules. The Distributor may make Plan Recipient Service Fee payments to any “affiliated person” (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 7 contracts
Sources: Service Plan and Agreement (Oppenheimer Integrity Funds), Service Plan and Agreement (Oppenheimer Integrity Funds), Service Plan and Agreement (Ofi Funds Trust)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 6 contracts
Sources: Distribution Agreement (Oppenheimer Emerging Growth Fund), Distribution Agreement (Oppenheimer Emerging Growth Fund), Distribution Agreement (Oppenheimer LTD Term Government Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the Distributor if such affili▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person son qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 6 contracts
Sources: Distribution Agreement (Oppenheimer Champion Income Fund/Ny), Distribution Agreement (Oppenheimer Real Estate Fund), Distribution Agreement (Oppenheimer International Bond Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 5 contracts
Sources: Distribution Agreement (Oppenheimer Transition 2015 Fund), Distribution Agreement (Oppenheimer Transition 2010 Fund), Distribution Agreement (Oppenheimer Transition 2020 Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the Distributor if such affili▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person son qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor may make the following payments to Recipients:
Appears in 5 contracts
Sources: Distribution Agreement (Oppenheimer International Bond Fund), Distribution Agreement (Oppenheimer Real Estate Fund), Distribution Agreement (Oppenheimer International Small Co Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor may make the following payments to Recipients:
Appears in 5 contracts
Sources: Distribution Agreement (Oppenheimer Transition 2015 Fund), Distribution Agreement (Oppenheimer Transition 2010 Fund), Distribution Agreement (Oppenheimer Global Value Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇1940 Act) of the Distributor if such affilia▇▇▇ ▇▇▇) of the Distributor if such affiliated person ▇on qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 4 contracts
Sources: Distribution Agreement (Oppenheimer Amt-Free Municipals), Service Plan and Agreement (Oppenheimer Midcap Fund), Distribution Agreement (Oppenheimer Amt-Free Municipals)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such h affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 4 contracts
Sources: Distribution Agreement (Oppenheimer International Bond Fund), Distribution Agreement (Oppenheimer Strategic Funds Trust), Distribution Agreement (Oppenheimer Equity Income Fund Inc)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 4 contracts
Sources: Distribution Agreement (Oppenheimer Emerging Growth Fund), Distribution Agreement (Oppenheimer Real Asset Fund), Distribution Agreement (Oppenheimer LTD Term California Municipal Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the ▇▇▇▇ ▇▇▇) of the Distributor ▇▇▇or if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor may make the following payments to Recipients:
Appears in 4 contracts
Sources: Distribution Agreement (Oppenheimer Transition 2025 Fund), Distribution Agreement (Oppenheimer Transition 2040 Fund), Distribution Agreement (Oppenheimer Portfolio Series Fixed Income Investor Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA F1NRA Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 4 contracts
Sources: Distribution Agreement (SteelPath MLP Funds Trust), Distribution Agreement (SteelPath MLP Funds Trust), Distribution Agreement (SteelPath MLP Funds Trust)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service 2)service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇1940 Act) of the Distributor ▇▇ ▇▇▇) of the Distributor if such ▇ affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 3 contracts
Sources: Distribution Agreement (Oppenheimer Quest for Value Funds), Distribution Agreement (Oppenheimer Quest for Value Funds), Distribution Agreement (Oppenheimer Quest for Value Funds)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the Distributor ▇▇ ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated ffiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 3 contracts
Sources: Distribution Agreement (Oppenheimer Quest for Value Funds), Distribution Agreement (Oppenheimer Quest for Value Funds), Distribution Agreement (Oppenheimer Emerging Technologies Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the Distributor i▇ ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 3 contracts
Sources: Distribution and Service Plan and Agreement (Oppenheimer Champion Income Fund/Ny), Distribution Agreement (Oppenheimer Gold & Special Minerals Fund), Distribution Agreement (Oppenheimer Balanced Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated person affiliat▇▇ ▇▇▇▇▇n qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 3 contracts
Sources: Distribution Agreement (Oppenheimer California Municipal Fund), Distribution Agreement (Oppenheimer Developing Markets Fund), Distribution Agreement (Oppenheimer International Bond Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the ▇▇▇▇ ▇▇▇) of the Distributor ▇▇tor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor may make the following payments to Recipients:
Appears in 3 contracts
Sources: Distribution Agreement (Oppenheimer Dividend Growth Fund), Distribution Agreement (Oppenheimer Quest Capital Value Fund Inc), Distribution Agreement (Oppenheimer Limited Term Government Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇1940 Act) of the Distributor ▇▇ ▇▇▇) of the Distributor if such ▇ affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 3 contracts
Sources: Distribution Agreement (Oppenheimer Principal Protected Trust), Distribution Agreement (Oppenheimer Principal Protected Trust Ii), Distribution Agreement (Oppenheimer Capital Income Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the Distributor if such affili▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person son qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 3 contracts
Sources: Distribution Agreement (Oppenheimer Capital Income Fund), Distribution Agreement (Oppenheimer Real Estate Fund), Distribution Agreement (Oppenheimer Capital Appreciation Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“Minimum Qualified Holdings”), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA Conduct Rules. The Distributor may make Plan payments to any “affiliated person” (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 3 contracts
Sources: Distribution Agreement (Oppenheimer Investment Grade Bond Fund), Distribution Agreement (Oppenheimer Currency Opportunities Fund), Distribution Agreement (Oppenheimer Currency Opportunities Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated person ▇▇▇▇▇▇ qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 2 contracts
Sources: Distribution Agreement (Oppenheimer Main Street Small Cap Fund), Service Plan and Agreement (Oppenheimer Midcap Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated person affiliat▇▇ ▇▇▇▇▇n qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 2 contracts
Sources: Distribution Agreement (Oppenheimer Strategic Income Fund), Distribution Agreement (Oppenheimer Main Street Small Cap Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“Minimum Qualified Holdings”), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA Conduct Rules. The Distributor may make Plan payments to any “affiliated person” (as defined in the ▇1▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 2 contracts
Sources: Distribution Agreement (Oppenheimer Emerging Markets Debt Fund), Distribution Agreement (Oppenheimer Emerging Markets Debt Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent TrusteesDirectors. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated person qualifies perso▇ ▇▇▇▇▇fies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 2 contracts
Sources: Distribution Agreement (Oppenheimer Quest Value Fund Inc), Distribution Agreement (Oppenheimer Quest Value Fund Inc)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor may make the following payments to Recipients:
Appears in 2 contracts
Sources: Distribution Agreement (Oppenheimer LTD Term Government Fund), Distribution Agreement (Oppenheimer Real Asset Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇1940 Act) of the Distributor if su▇▇ ▇▇▇) of the Distributor if such affiliated ▇▇iated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 2 contracts
Sources: Distribution Agreement (Oppenheimer Capital Income Fund), Distribution Agreement (Oppenheimer Baring Japan Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period such quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the ▇▇▇▇ ▇▇▇) of the Distributor ▇utor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 2 contracts
Sources: Distribution Agreement (Oppenheimer Total Return Bond Fund), Distribution Agreement (Oppenheimer International Small Co Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇1940 Act) of the Distributor ▇▇ ▇▇▇) of the Distributor if such h affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 2 contracts
Sources: Distribution Agreement (Oppenheimer Bond Fund Series), Distribution Agreement (Oppenheimer International Growth Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇1940 Act) of the Distributor if su▇▇ ▇▇▇) of the Distributor if such affiliated ▇▇iated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 2 contracts
Sources: Distribution Agreement (Oppenheimer Target Distribution & Growth Fund), Distribution Agreement (Oppenheimer Target Distribution Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent TrusteesDirectors. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇1940 Act) of the Distributor ▇▇ ▇▇▇) of the Distributor if such h affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor may make the following payments to Recipients:
Appears in 2 contracts
Sources: Distribution Agreement (Oppenheimer Quest Capital Value Fund Inc), Distribution Agreement (Oppenheimer Quest Capital Value Fund Inc)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period such quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 2 contracts
Sources: Distribution Agreement (Oppenheimer Transition 2010 Fund), Distribution Agreement (Oppenheimer Transition 2015 Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent TrusteesDirectors. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇1940 Act) of the Distributor ▇▇ ▇▇▇) of the Distributor if such ▇ affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor may make the following payments to Recipients:
Appears in 2 contracts
Sources: Distribution Agreement (Oppenheimer Quest International Value Fund Inc), Distribution Agreement (Oppenheimer Equity Fund Inc)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period such quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated ▇▇▇▇▇▇▇▇ed person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Developing Markets Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the Distributor if ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated filiated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer California Municipal Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent TrusteesDirectors. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Quest Value Fund Inc)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the Distributor if such affiliated p▇▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies lifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Transition 2030 Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent TrusteesDirectors. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the ▇▇▇▇ ▇▇▇) of the Distributor ▇▇▇or if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor may make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Total Return Fund Inc)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the Distrib▇▇▇▇ ▇▇▇) of the Distributor if ▇ such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Bond Fund Series)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent TrusteesDirectors. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇1940 Act) of the Distributo▇ ▇▇ ▇▇▇) of the Distributor if such h affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Equity Fund Inc)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the D▇▇▇▇ ▇▇▇) of the Distributor ▇▇or if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Rochester Minnesota Municipal Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated person affiliat▇▇ ▇▇▇▇▇n qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor may make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Capital Appreciation Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated person ▇▇▇▇▇▇ qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Capital Appreciation Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain retains such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Rochester Portfolio Series)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent TrusteesDirectors. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the Distribut▇▇▇ ▇▇ ▇▇▇) of the Distributor if such ch affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Series Fund Inc)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated person qualifies per▇▇▇ ▇▇▇▇▇fies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer International Growth Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇1940 Act) of the Distributor ▇▇ ▇▇▇) of the Distributor if such ▇ affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Target Distribution & Growth Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated person qualifies as qua▇▇▇▇▇▇ ▇▇ a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer International Small Co Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇1940 Act) of the Distributor if su▇▇ ▇▇▇) of the Distributor if such affiliated ▇▇iated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Multi-State Municipal Trust)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated person qualifies ▇▇▇▇▇▇ ▇▇alifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer International Small Co Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the Distributor i▇ ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor may make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Integrity Funds)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period such quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇1940 Act) of the Distributor ▇▇ ▇▇▇) of the Distributor if such ▇ affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Senior Floating Rate Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the ▇▇▇▇ ▇▇▇) of the Distributor ▇utor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor may make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Total Return Bond Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period such quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the Distributor if ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated filiated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Capital Income Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period such quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the Distributor if such affil▇▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person rson qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer International Bond Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent TrusteesDirectors. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor may make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Total Return Fund Inc)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated person affiliate▇ ▇▇▇▇▇n qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor may make the following payments to Recipients:
Appears in 1 contract
Sources: Service Plan and Agreement (Oppenheimer Midcap Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer International Bond Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the Di▇▇▇▇ ▇▇▇) of the Distributor ▇▇r if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Rochester General Municipal Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇1940 Act) of the Distributor ▇▇ ▇▇▇) of the Distributor if such h affiliated person qualifies as a Recipient or retain retains such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Rochester Portfolio Series)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇1940 Act) of the Distributor if s▇▇▇ ▇▇▇) of the Distributor if such affiliated ▇liated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor may make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Baring China Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period such quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain retains such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Rochester Portfolio Series)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated person affi▇▇▇▇▇▇ ▇erson qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Strategic Income Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may to be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or mor may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇1940 Act) of the Distributor ▇▇ ▇▇▇) of the Distributor if such ▇ affiliated person qualifies as a Recipient or retain such payments if Recipient. In consideration of the services provided by Recipients, the Distributor qualifies as a Recipient.shall make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Bond Fund Series)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period periodr in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Ac▇▇) ▇▇ ▇▇▇) of the e Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Multi-State Municipal Trust)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the Distri▇▇▇▇▇ ▇▇▇) of the Distributor if ▇ such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Municipal Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period such quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the Distributor if such affiliated pe▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies ▇ifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Global Value Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“Minimum Qualified Holdings”), if any, that may be set from time to time by a majority of the Independent TrusteesDirectors. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “affiliated person” (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Main Street Funds Inc)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent TrusteesDirectors. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇1▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the Distributor if ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated ▇liated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Discovery Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period such quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent TrusteesDirectors. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor t▇▇ ▇▇▇▇▇ibutor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Main Street Funds Inc)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇1940 Act) of the Distributor if such affilia▇▇▇ ▇▇▇) of the Distributor if such affiliated person ▇on qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Strategic Income Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇1940 Act) of the Distributor if such affilia▇▇▇ ▇▇▇) of the Distributor if such affiliated person ▇on qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer International Large Cap Core Trust)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“Minimum Qualified Holdings”), if any, that may be set from time to time by a majority of the Independent TrusteesDirectors. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA Rules. The Distributor may make Plan payments to any “affiliated person” (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Quest International Value Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“Minimum Qualified Holdings”), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA Conduct Rules. The Distributor may make Plan payments to any “affiliated person” (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated person affiliat▇▇ ▇▇▇▇▇n qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Investment Grade Bond Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent TrusteesDirectors. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such ▇uch affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Quest Value Fund Inc)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the Distributor ▇▇ ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated ffiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Discovery Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated person qualifies ▇▇▇▇▇▇▇▇▇ as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer High Yield Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period such quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇1940 Act) of the Distributor if s▇▇▇ ▇▇▇) of the Distributor if such affiliated ▇liated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Baring China Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated person ▇▇▇▇▇▇ qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor may make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Champion Income Fund/Ny)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period such quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇1940 Act) of the Distributor if such affiliated person affiliat▇▇ ▇▇▇▇▇n qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Global Growth & Income Fund)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the 1940 Act) of the D▇▇▇▇ ▇▇▇) of the Distributor ▇▇or if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 1 contract
Sources: Distribution Agreement (Oppenheimer Principal Protected Trust Ii)
Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period such quarter in which its Qualified Holdings do not equal or exceed, at the end of such periodquarter, the minimum amount (“"Minimum Qualified Holdings”"), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA NASD Conduct Rules. The Distributor may make Plan payments to any “"affiliated person” " (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.. In consideration of the services provided by Recipients, the Distributor shall make the following payments to Recipients:
Appears in 1 contract