Common use of Authority of Fund Clause in Contracts

Authority of Fund. Each of the Funds shall have full authority to take such action as it deems advisable in respect of all matters pertaining to the offering of its Shares, including the right not to accept any order for the purchase of Shares.

Appears in 34 contracts

Samples: Agency Distribution Agreement (Managed Municipal Fund Inc), Agency Distribution Agreement (North American Government Bond Fund Inc), Distribution Agreement (Flag Investors Telephone Income Fund Inc)

AutoNDA by SimpleDocs

Authority of Fund. Each of the Funds Fund shall have full authority to take such action as it deems advisable in respect of all matters pertaining to the offering of its Shares, including the right not to accept any order for the purchase of Shares.

Appears in 32 contracts

Samples: Distribution Agreement (Bt Alex Brown Cash Reserve Fund Inc), Distribution Agreement (Total Return U S Treasury Fund Inc), Distribution Agreement (Deutsche Funds Inc)

Authority of Fund. Each of the Funds The Fund shall have full authority to take such action as it deems advisable in respect of all matters pertaining to the offering of its Shares, including the right not to accept any order for the purchase of Shares.

Appears in 3 contracts

Samples: Distribution Agreement (Glenmede Portfolios), Distribution Agreement (Glenmede Fund Inc), Distribution Agreement (Glenmede Fund Inc)

Authority of Fund. Each of the Funds The Fund shall have full authority to take such action as it deems advisable in respect of all matters pertaining to the offering of its Shares, including the right in its sole discretion to not to accept any order for the purchase of Shares.

Appears in 2 contracts

Samples: Distribution Agreement (Glenmede Fund Inc), Distribution Agreement (Glenmede Portfolios)

AutoNDA by SimpleDocs

Authority of Fund. Each of the Funds shall have full authority to take such action as it deems advisable in respect of all matters pertaining to the offering of its Shares, including the right not to accept any order for the purchase of Sharesshares.

Appears in 1 contract

Samples: Agency Distribution Agreement (Total Return U S Treasury Fund Inc)

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