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. (b) Within the United States, the Distributor shall offer and sell Shares only to such financial intermediaries who are acting as brokers or dealers who are members in good standing of FINRA and who agree to abide by the Conduct Rules of FINRA. (c) The Distributor shall obtain adequate assurance from any financial intermediary which it engages of the compliance by such financial intermediary with applicable federal and state securities laws and the Conduct Rules of FINRA.
Appears in 3 contracts
Samples: Distribution Agreement (BlackRock Hedge Fund Guided Portfolio Solution), Distribution Agreement (BlackRock Private Investments Fund), Distribution Agreement (BlackRock Credit Strategies Fund)
Agreements with Financial Intermediaries. (a) The Distributor shall have Distributor, or affiliates of the right to Distributors on its behalf, may enter into agreements with financial intermediaries of its choice for the sale of Shares Units 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 or a committee thereof shall approve the forms of agreements with such financial intermediaries and the selection of such financial intermediaries. Shares Units sold to financial intermediaries shall be for resale by such financial intermediaries only.
(b) Within the United States, the Distributor shall offer and sell Shares shares only to such financial intermediaries who are acting as brokers or dealers who are members in good standing of FINRA and who agree to abide by the Conduct Rules of FINRA.
(c) The Distributor shall obtain adequate assurance from any financial intermediary which it engages of the compliance by such financial intermediary with applicable federal and state securities laws and the Conduct Rules of FINRA.
Appears in 2 contracts
Samples: Distribution Agreement (BlackRock Alternatives Allocation Portfolio LLC), Distribution Agreement (BlackRock Preferred Partners LLC)
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.
(b) Within the United States, the Distributor shall offer and sell Shares only to such financial intermediaries who are acting as brokers or dealers who are members in good standing of FINRA and who agree to abide by the Conduct Rules of FINRA.
(c) The Distributor shall obtain adequate assurance from any financial intermediary which it engages of the compliance by such financial intermediary with applicable federal and state securities laws and the Conduct Rules of FINRA.
Appears in 1 contract
Samples: Distribution Agreement (BlackRock Multi-Sector Opportunities Trust II)
Agreements with Financial Intermediaries. (a) The Distributor shall have Distributor, or affiliates of the right to Distributors on its behalf, may enter into agreements with financial intermediaries of its choice for the sale of Shares Units 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 or a committee thereof shall approve the forms of agreements with such financial intermediaries and the selection of such financial intermediaries. Shares Units sold to financial intermediaries shall be for resale by such financial intermediaries only.
(b) Within the United States, the Distributor shall offer and sell Shares shares only to such financial intermediaries who are acting as brokers or dealers who are members in good standing of FINRA and who agree to abide by the Conduct Rules of FINRA.
(c) The Distributor shall obtain adequate assurance from any financial intermediary which it engages of the compliance by such financial intermediary with applicable federal and state securities laws and the Conduct Rules of FINRA.
Appears in 1 contract
Samples: Distribution Agreement (BlackRock Alternatives Allocation TEI Portfolio LLC)
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.
(b) Within the United States, the Distributor shall offer and sell Shares shares only to such financial intermediaries who are acting as brokers or dealers who are members in good standing of FINRA and who agree to abide by the Conduct Rules of FINRA.
(c) The Distributor shall obtain adequate assurance from any financial intermediary which it engages of the compliance by such financial intermediary with applicable federal and state securities laws and the Conduct Rules of FINRA.
Appears in 1 contract
Samples: Distribution Agreement (BlackRock Multi-Sector Opportunities Trust)
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.
(b) Within the United States, the Distributor shall offer and sell Shares shares only to such financial intermediaries who are acting as brokers or dealers who are members in good standing of FINRA and who agree to abide by the Conduct Rules of FINRA.
(c) The Distributor shall obtain adequate assurance from any financial intermediary which it engages of the compliance by such financial intermediary with applicable federal and state securities laws and the Conduct Rules of FINRA.
Appears in 1 contract
Samples: Distribution Agreement (BlackRock Fixed Income Value Opportunities)