Common use of Appointment of Distributor Clause in Contracts

Appointment of Distributor. 2.1. The Trust retains Distributor to act as the exclusive agent for the distribution of the Shares on behalf of each Fund and to perform the distribution services as set forth below (collectively, the “Services”). Distributor accepts such employment to perform the Services. While this Agreement is in force, the Trust shall not sell any Shares except on the terms set forth in this Agreement. Notwithstanding any other provision hereof, the Trust may terminate, suspend, or withdraw the offering of Shares whenever, in its sole discretion, it deems such action to be desirable. 2.2. Distributor does not agree to sell any specific number of Shares. Distributor, as agent for the Trust, undertakes to sell Shares on a best efforts basis only against orders therefor. 2.3. The Trust reserves the right to issue any Shares at any time directly to existing holders of Shares (“Shareholders”) or to other persons at not less than the public offering price (as defined below) and to issue Shares in exchange for substantially all the assets of any corporation or trust or for the shares of any corporation or trust.

Appears in 28 contracts

Samples: Distribution Agreement (Capitol Series Trust), Distribution Agreement (Capitol Series Trust), Distribution Agreement (Valued Advisers Trust)

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Appointment of Distributor. 2.1. The Trust retains Distributor to act as the exclusive agent for the distribution of the Shares on behalf of each Fund and to perform the distribution services as set forth below (collectively, the “Services”). Distributor accepts such employment to perform the Services. While this Agreement is in force, the Trust shall not sell any Shares except on the terms set forth in this Agreement. Notwithstanding any other provision hereof, the Trust may terminate, suspend, or withdraw the offering of Shares whenever, in its sole discretion, it deems such action to be desirable. 2.2. Distributor does not agree to sell any specific number of Shares. Distributor, as agent for the Trust, undertakes to sell Shares on a best reasonable efforts basis only against orders therefor. 2.3. The Trust reserves the right to issue any Shares at any time directly to existing holders of Shares (“Shareholders”) or to other persons at not less than the public offering price (as defined below) and to issue Shares in exchange for substantially all the assets of any corporation or trust or for the shares of any corporation or trust.

Appears in 14 contracts

Samples: Distribution Agreement (DGI Investment Trust), Distribution Agreement (North Square Investments Trust), Distribution Agreement (James Alpha Funds Trust)

Appointment of Distributor. 2.1. The Trust Fund retains Distributor to act as the exclusive agent its principal underwriter/distributor for the distribution of the Shares on behalf of each Fund and to perform the distribution services as set forth below (collectively, the “Services”). Distributor accepts such employment to perform the Services. While this Agreement is in force, the Trust Fund shall not sell any Shares except on the terms set forth in this Agreement. Notwithstanding any other provision hereof, the Trust Fund may terminate, suspend, or withdraw the offering of Shares whenever, in its sole discretion, it deems such action to be desirable. 2.2. Distributor does not agree to sell any specific number of Shares. Distributor, as agent for the TrustFund, undertakes to sell Shares on a best reasonable efforts basis only against orders therefor. 2.3. The Trust Fund reserves the right to issue any Shares at any time directly to existing holders of Shares (“Shareholders”) or to other persons at not less than the public offering price (as defined below) and to issue Shares in exchange for substantially all the assets of any corporation or trust or for the shares of any corporation or trust.

Appears in 10 contracts

Samples: Distribution Agreement (83 Investment Group Income Fund), Distribution Agreement (MidBridge Private Markets Fund), Distribution Agreement (CAZ Strategic Opportunities Fund)

Appointment of Distributor. 2.1. The Trust retains Distributor to act as the exclusive agent for the distribution of the Shares on behalf of each Fund and to perform the distribution services as set forth below (collectively, the “Services”). Distributor accepts such employment to perform the Services. While this Agreement is in force, the Trust shall not sell any Shares except on the terms set forth in this Agreement. Notwithstanding any other provision hereof, the Trust may terminate, suspend, or withdraw the offering of Shares whenever, in its sole discretion, it deems such action to be desirable. 2.2. Distributor does not agree to sell any specific number of Shares. Distributor, as agent for the Trust, undertakes to sell Shares on a best efforts basis only against orders therefor. 2.3. The Trust reserves the right to issue any Shares at any time directly to existing holders of Shares (“Shareholders”) or to other persons at not less than the public offering price (as defined below) and to issue Shares in exchange for substantially all the assets of any limited liability company, corporation or trust or for the shares of any corporation or trust.

Appears in 2 contracts

Samples: Distribution Agreement (Peachtree Alternative Strategies Fund), Distribution Agreement (Peachtree Alternative Strategies Fund)

Appointment of Distributor. 2.1. The Trust Fund retains Distributor to act as the exclusive agent for the distribution of the Shares on behalf of each Fund Portfolio and to perform the distribution services as set forth below (collectively, the “Services”). Distributor accepts such employment to perform the Services. While this Agreement is in force, the Trust Fund shall not sell any Shares except on the terms set forth in this Agreement. Notwithstanding any other provision hereof, the Trust Fund may terminate, suspend, or withdraw the offering of Shares whenever, in its sole discretion, it deems such action to be desirable. 2.2. Distributor does not agree to sell any specific number of Shares. Distributor, as agent for the TrustFund, undertakes to sell Shares on a best efforts basis only against orders therefor. 2.3. The Trust Fund reserves the right to issue any Shares at any time directly to existing holders of Shares (“Shareholders”) or to other persons at not less than the public offering price (as defined below) and to issue Shares in exchange for substantially all the assets of any corporation or trust or for the shares of any corporation or trust.

Appears in 2 contracts

Samples: Distribution Agreement (Caldwell & Orkin Funds Inc), Distribution Agreement (Caldwell & Orkin Funds Inc)

Appointment of Distributor. 2.1. The Trust retains Distributor to act as the exclusive agent for the distribution of the Shares on behalf of each Fund and to perform the distribution services as set forth below (collectively, the "Services"). Distributor accepts such employment to perform the Services. While this Agreement is in force, the Trust shall not sell any Shares except on the terms set forth in this Agreement. Notwithstanding any other provision hereof, the Trust may terminate, suspend, or withdraw the offering of Shares whenever, in its sole discretion, it deems such action to be desirable. 2.2. Distributor does not agree to sell any specific number of Shares. Distributor, as agent for the Trust, undertakes to sell Shares on a best efforts basis only against orders therefor. 2.3. The Trust reserves the right to issue any Shares at any time directly to existing holders of Shares ("Shareholders") or to other persons at not less than the public offering price (as defined below) and to issue Shares in exchange for substantially all the assets of any corporation or trust or for the shares of any corporation or trust.

Appears in 1 contract

Samples: Distribution Agreement (Staar Investment Trust)

Appointment of Distributor. 2.1. The Trust retains Distributor to act as the exclusive agent for the distribution of the Shares on behalf of each Fund and to perform the distribution services as set forth below (collectively, the “Services”). Distributor accepts such employment to perform the Services. While this Agreement is in force, the Trust shall not sell any Shares except on the terms set forth in this Agreement. Notwithstanding any other provision hereof, the Trust may terminate, suspend, or withdraw the offering of Shares whenever, in its sole discretion, it deems such action to be desirable. 2.2. Distributor does not agree to sell any specific number of Shares. Distributor, as agent for the Trust, undertakes to sell Shares on a best efforts basis only against orders therefor. 2.3. The Trust reserves the right to issue any Shares at any time directly to existing holders of Shares (“Shareholders”) or to other persons at not less than the public offering price (as defined below) and to issue Shares in exchange for substantially all the assets of any corporation or trust or for the shares of any corporation or trust.. October 7, 2019 Page 1 of 18

Appears in 1 contract

Samples: Distribution Agreement (Red Cedar Fund Trust)

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Appointment of Distributor. 2.1. The Trust Fund retains Distributor to act as the exclusive agent its principal underwriter/distributor for the distribution of the Shares on behalf of each Fund and to perform the distribution services as set forth below (collectively, the “Services”). Distributor accepts such employment to perform the Services. While this Agreement is in force, the Trust Fund shall not sell any Shares except on the terms set forth in this Agreement. Notwithstanding any other provision hereof, the Trust Fund may terminate, suspend, or withdraw the offering of Shares whenever, in its sole discretion, it deems such action to be desirable. 2.2. Distributor does not agree to sell any specific number of Shares. Distributor, as agent for the TrustFund, undertakes to sell Shares on a best efforts basis only against orders therefor. 2.3. The Trust Fund reserves the right to issue any Shares at any time directly to existing holders of Shares (“Shareholders”) or to other persons at not less than the public offering price (as defined below) and to issue Shares in exchange for substantially all the assets of any corporation or trust or for the shares of any corporation or trust.

Appears in 1 contract

Samples: Distribution Agreement (Dynamic Alternatives Fund)

Appointment of Distributor. 2.1. The Trust Corporation retains Distributor to act as the exclusive agent for the distribution of the Shares on behalf of each Fund and to perform the distribution services as set forth below (collectively, the “Services”). Distributor accepts such employment to perform the Services. While this Agreement is in force, the Trust Corporation shall not sell any Shares except on the terms set forth in this Agreement. Notwithstanding any other provision hereof, the Trust Corporation may terminate, suspend, or withdraw the offering of Shares whenever, in its sole discretion, it deems such action to be desirable. 2.2. Distributor does not agree to sell any specific number of Shares. Distributor, as agent for the TrustCorporation, undertakes to sell Shares on a best reasonable efforts basis only against orders therefor. 2.3. The Trust Corporation reserves the right to issue any Shares at any time directly to existing holders of Shares (“Shareholders”) or to other persons at not less than the public offering price (as defined below) and to issue Shares in exchange for substantially all the assets of any corporation or trust or for the shares of any corporation or trust.

Appears in 1 contract

Samples: Distribution Agreement (Atlas U.S. Tactical Income Fund)

Appointment of Distributor. 2.1. The Trust retains Distributor to act as the exclusive agent for the distribution of the Shares on behalf of each Fund and to perform the distribution services as set forth below (collectively, the “Services”). Distributor accepts such employment to perform the Services. While this Agreement is in force, the Trust shall not sell any Shares except on the terms set forth in this Agreement. Notwithstanding any other provision hereof, the Trust may terminate, suspend, or withdraw the offering of Shares whenever, in its sole discretion, it deems such action to be desirable. 2.2. Distributor does not agree to sell any specific number of Shares. Distributor, as agent for the Trust, undertakes to sell Shares on a best reasonable efforts basis only against orders therefor. 2.3. The Trust reserves the right to issue any Shares at any time directly to existing holders of Shares (“Shareholders”) or to other persons at not less than the public offering price (as defined below) and to issue Shares in exchange for substantially all the assets of any corporation or trust or for Northern Lights Distribution Agreement September 29, 2023 Page 1 of 18 the shares of any corporation or trust.

Appears in 1 contract

Samples: Distribution Agreement (Texas Capital Funds Trust)

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