Common use of Authority of Funds Clause in Contracts

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

Appears in 17 contracts

Samples: Distribution Agreement (North American Government Bond Fund Inc), Agency Distribution and Shareholder Servicing Agreement (Total Return U S Treasury Fund Inc), Distribution Agreement (Total Return U S Treasury Fund Inc)

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

Appears in 1 contract

Samples: Sales Agreement (Gam Funds Inc)

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