Common use of Agreements with Financial Intermediaries Clause in Contracts

Agreements with Financial Intermediaries. (a) The Distributor shall have the right to enter into agreements with financial intermediaries of its choice for the sale of Shares and the provision of Investor Services; provided that the Distributor shall periodically inform the Trust’s Board of the nature and substance of such agreements and that the Trust shall approve the forms of agreements with such financial intermediaries. Shares sold to financial intermediaries shall be for resale by such financial intermediaries only.

Appears in 7 contracts

Samples: Distribution Agreement (BlackRock Private Credit Fund), Distribution Agreement (BlackRock Private Credit Fund), Distribution Agreement (BlackRock Hedge Fund Guided Portfolio Solution)

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Agreements with Financial Intermediaries. (a) The Distributor shall have the right to enter into agreements with financial intermediaries of its choice for the sale of Shares and the provision of Investor Servicesshares; provided provided, that the Distributor shall periodically inform the Trust’s Board of the nature and substance of such agreements and that the Trust Fund shall approve the forms of agreements with such financial intermediaries. Shares sold to financial intermediaries shall be for resale by such financial intermediaries onlydealers only at net asset value determined as set forth in Section 3(d) hereof.

Appears in 2 contracts

Samples: Distribution Agreement (Merrill Lynch Senior Floating Rate Fund Ii Inc), Distribution Agreement (Merrill Lynch Sr Float Rate Fd)

Agreements with Financial Intermediaries. (a) The Distributor shall have the right to enter into agreements with financial intermediaries of its choice for distribution services with respect to the sale of Shares and the provision of Investor ServicesShares; provided that the Distributor shall periodically inform the TrustFund’s Board of Directors of the nature and substance of such agreements and that the Trust Fund’s officers shall approve the forms of agreements with such financial intermediaries. Shares sold to financial intermediaries shall be for resale by such financial intermediaries only.

Appears in 1 contract

Samples: Distribution Agreement (Western Asset Middle Market Income Fund Inc.)

Agreements with Financial Intermediaries. (a) The Distributor shall have the right to enter into agreements with financial intermediaries of its choice for distribution services with respect to the sale of Shares and the provision of Investor ServicesShares; provided that the Distributor shall periodically inform the TrustFund’s Board of the nature and substance of such agreements and that the Trust Fund’s officers shall approve the forms of agreements with such financial intermediaries. Shares sold to financial intermediaries shall be for resale by such financial intermediaries only.

Appears in 1 contract

Samples: Distribution Agreement (Western Asset Middle Market Debt Fund Inc.)

Agreements with Financial Intermediaries. (a) The Distributor shall have the right is authorized to enter into agreements with financial intermediaries Financial Intermediaries of its choice for the sale of Shares and the provision of Investor Services; provided that the Distributor shall periodically inform the Trust’s Board of the nature and substance of such agreements and that the Trust Fund shall approve the forms of agreements with such financial intermediaries. Shares sold to financial intermediaries shall be for resale by such financial intermediaries onlyFinancial Intermediaries.

Appears in 1 contract

Samples: Distribution Agreement (Ares Private Markets Fund)

Agreements with Financial Intermediaries. (a) The Distributor shall have the right to enter into agreements with financial intermediaries of its choice for distribution services with respect to the sale of Shares and the provision of Investor ServicesShares; provided that the Distributor shall periodically inform the TrustFund’s Board board of trustees of the nature and substance of such agreements and that the Trust Fund’s officers shall approve the forms of agreements with such financial intermediaries. Shares sold to financial intermediaries shall be for resale by such financial intermediaries only.

Appears in 1 contract

Samples: Distribution Agreement (Guggenheim Energy & Income Fund)

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Agreements with Financial Intermediaries. (a) The Distributor shall have the right to enter into into, or otherwise amend, agreements with financial intermediaries of its choice for distribution services with respect to the sale of Shares and the provision of Investor ServicesShares; provided that the Distributor shall periodically inform the TrustFund’s Board of Directors of the nature and substance of such agreements and that the Trust Fund’s Board shall approve the forms of agreements agreement, or amendment thereto, with such financial intermediaries. Shares sold to financial intermediaries shall be for resale by such financial intermediaries only.

Appears in 1 contract

Samples: Distribution Agreement (BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc.)

Agreements with Financial Intermediaries. (a) The Distributor shall have the right to enter into agreements with financial intermediaries of its choice for the sale of Shares and the provision of Investor Servicesshares; provided provided, however, that the Distributor shall periodically inform the Trust’s Board Directors of the nature and substance of such agreements and that the Trust shall approve the forms of agreements with such financial intermediariesagreements. Shares sold to financial intermediaries shall be for resale by such financial intermediaries onlyonly at net asset value determined as set forth in Section 3(c) hereof.

Appears in 1 contract

Samples: Distribution Agreement (Mercury Senior Floating Rate Fund Inc)

Agreements with Financial Intermediaries. (a) The Distributor shall have the right to enter into agreements with financial intermediaries of its choice for the sale of Shares and the provision of Investor Services; provided that the Distributor shall periodically inform the TrustFund’s Board of the nature and substance of such agreements and that the Trust Fund shall approve the forms of agreements with such financial intermediaries. Shares sold to financial intermediaries shall be for resale by such financial intermediaries only.

Appears in 1 contract

Samples: Distribution Agreement (BlackRock Fixed Income Value Opportunities)

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