Common use of Payments to the Distributor Clause in Contracts

Payments to the Distributor. 7.1 With respect to classes and/or series of Shares which impose a front-end sales charge, the Distributor shall receive and may retain any portion of any front-end sales charge which is imposed on such sales and not reallocated to selected dealers as set forth in the Prospectus, subject to the limitations of Rule 2830 of the Conduct Rules of the NASD. Payment of these amounts to the Distributor is not contingent upon the adoption or continuation of any applicable Plans. 7.2 With respect to classes and/or series of Shares which impose a contingent deferred sales charge, the Distributor shall receive and may retain any contingent deferred sales charge which is imposed on such sales as set forth in the

Appears in 3 contracts

Sources: Distribution Agreement (Target Funds), Distribution Agreement (Target Funds), Distribution Agreement (Prudential Diversified Funds)

Payments to the Distributor. 7.1 With respect to classes and/or series of Shares which impose a front-front- end sales charge, the Distributor shall receive and may retain any portion of any front-end sales charge which is imposed on such sales and not reallocated to selected dealers as set forth in the Prospectus, subject to the limitations of Rule 2830 of the Conduct Rules of the NASD. Payment of these amounts to the Distributor is not contingent upon the adoption or continuation of any applicable Plans. 7.2 With respect to classes and/or series of Shares which impose a contingent deferred sales charge, the Distributor shall receive and may retain any contingent deferred sales charge which is imposed on such sales as set forth in thethe Prospectus, subject to the limitations of Rule 2830 of the NASD Conduct Rules. Payment of these amounts to the Distributor is not contingent upon the adoption or continuation of any Plan.

Appears in 1 contract

Sources: Distribution Agreement (Prudential Jennison Series Fund Inc)

Payments to the Distributor. 7.1 With respect to classes and/or series of Shares which impose a front-end sales charge, the Distributor shall receive and may retain any portion of any front-end sales charge which is imposed on such sales and not reallocated to selected dealers as set forth in the Prospectus, subject to the limitations of Rule 2830 of the Conduct Rules of the NASD. Payment of these amounts to the Distributor is not contingent upon the adoption or continuation of any applicable Plans. 7.2 With respect to classes and/or series of Shares which impose a contingent deferred sales charge, the Distributor shall receive and may retain any contingent deferred sales charge which is imposed on such sales as set forth in thethe Prospectus, subject to the limitations of Rule 2830 of the Conduct Rules of the NASD.

Appears in 1 contract

Sources: Distribution Agreement (Prudential Diversified Series)