Common use of Allocation of Expenses and Charges Clause in Contracts

Allocation of Expenses and Charges. While this Agreement is in effect, the Funds shall pay all costs and expenses in connection with the registration of their respective Institutional Class Shares under the Securities Act of 1933 (the "1933 Act"), including all expenses in connection with the preparation and printing of any registration statement documents (including prospectuses and statements of additional information) necessary for registration thereunder but excluding any additional costs and expenses incurred in furnishing the Distributor with prospectuses. The Funds will pay all costs and expenses of printing and mailing prospectuses, statements of additional information, reports and periodic statements to their respective existing Institutional Class shareholders. The Funds also will pay all costs, expenses and fees incurred in connection with the qualification of their respective Institutional Class Shares under the applicable Blue Sky laws of the states in which the Institutional Class Shares are offered. While this Agreement is in effect, the Distributor will pay or reimburse the Funds for: (a) All costs and expenses of printing and mailing prospectuses to prospective Institutional Class shareholders and confirmations, and all costs and expenses of preparing, printing and mailing advertising material, sales literature, circulars, applications, and other materials used or to be used in connection with the offering for sale and the sale of their respective Institutional Class Shares; and (b) All clerical and administrative costs in processing the applications for and in connection with the distribution of Institutional Class Shares. The Distributor agrees to submit to the Company for its prior approval all advertising material, sales literature, circulars and any other material which the Distributor proposes to use in connection with the offering for sale of Institutional Class Shares.

Appears in 3 contracts

Samples: Distribution Agreement (Security Equity Fund), Distribution Agreement (Security Equity Fund), Distribution Agreement (Security Equity Fund)

AutoNDA by SimpleDocs

Allocation of Expenses and Charges. While this Agreement is in effect, the Funds Fund shall pay all costs and expenses in connection with the registration of their respective the Institutional Class Shares under the Securities Act of 1933 (the "1933 Act"), including all expenses in connection with the preparation and printing of any registration statement documents (including prospectuses and statements of additional information) necessary for registration thereunder but excluding any additional costs and expenses incurred in furnishing the Distributor with prospectuses. The Funds Fund will pay all costs and expenses of printing and mailing prospectuses, statements of additional information, reports and periodic statements to their respective its existing Institutional Class shareholders. The Funds Fund also will pay all costs, expenses and fees incurred in connection with the qualification of their respective its Institutional Class Shares under the applicable Blue Sky laws of the states in which the Institutional Class Shares are offered. While this Agreement is in effect, the Distributor will pay or reimburse the Funds Fund for: (a) All costs and expenses of printing and mailing prospectuses to prospective Institutional Class shareholders and confirmations, and all costs and expenses of preparing, printing and mailing advertising material, sales literature, circulars, applications, and other materials used or to be used in connection with the offering for sale and the sale of their respective Institutional Class Shares; and (b) All clerical and administrative costs in processing the applications for and in connection with the distribution of Institutional Class Shares. The Distributor agrees to submit to the Company for its prior approval all advertising material, sales literature, circulars and any other material which the Distributor proposes to use in connection with the offering for sale of Institutional Class Shares.

Appears in 2 contracts

Samples: Distribution Agreement (Security Large Cap Value Fund/Ks/), Distribution Agreement (Security Income Fund /Ks/)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!