Common use of AUTHORIZATION TO ENTER Clause in Contracts

AUTHORIZATION TO ENTER. INTO EXCLUSIVE DEALER CONTRACTS AND TO DELEGATE DUTIES AS DISTRIBUTOR. With respect to the Class Y Shares of any or all Series, Xxxxxxxx Xxxxxxxx may enter into an exclusive dealer agreement with PaineWebber or any other registered and qualified dealer with respect to sales of the Class Y Shares. In a separate contract or as part of any such exclusive dealer agreement, Xxxxxxxx Xxxxxxxx also may delegate to PaineWebber or another registered and qualified dealer ("sub-distributor") any or all of its duties specified in this Contract, provided that such separate contract or exclusive dealer agreement imposes on the sub-distributor bound thereby all applicable duties and conditions to which Xxxxxxxx Xxxxxxxx is subject under this Contract, and further provided that such separate contract or exclusive dealer agreement meets all requirements of the 1940 Act and rules thereunder.

AUTHORIZATION TO ENTER. INTO EXCLUSIVE DEALER CONTRACTS AND TO DELEGATE DUTIES AS DISTRIBUTORinto Exclusive Dealer Contracts and to Delegate ---------------------------------------------------------------------- Duties as Distributor. With respect to the Class Y Shares of any or all Series, --------------------- Xxxxxxxx Xxxxxxxx may enter into an exclusive dealer agreement with PaineWebber or any other registered and qualified dealer with respect to sales of the Class Y Shares. In a separate contract or as part of any such exclusive dealer agreement, Xxxxxxxx Xxxxxxxx also may delegate to PaineWebber or another registered and qualified dealer ("sub-distributor") any or all of its duties specified in this Contract, provided that such separate contract or exclusive dealer agreement imposes on the sub-distributor bound thereby all applicable duties and conditions to which Xxxxxxxx Xxxxxxxx is subject under this Contract, and further provided that such separate contract or exclusive dealer agreement meets all requirements of the 1940 Act and rules thereunder.

AUTHORIZATION TO ENTER. INTO EXCLUSIVE DEALER CONTRACTS AND TO DELEGATE DUTIES AS DISTRIBUTORinto Exclusive Dealer Contracts and to Delegate Duties as Distributor. With respect to the Class Y C Shares of any or all Series, Xxxxxxxx Xxxxxxxx may enter into an exclusive dealer agreement with PaineWebber or any other registered and qualified dealer with respect to sales of the Class Y C Shares. In a separate contract or as part of any such exclusive dealer agreement, Xxxxxxxx Xxxxxxxx also may delegate to PaineWebber or another registered and qualified dealer ("'sub-distributor"') any or all of its duties specified in this Contract, provided that such separate contract or exclusive dealer agreement imposes on the sub-distributor bound thereby all applicable duties and conditions to which Xxxxxxxx Xxxxxxxx is subject under this Contract, and further provided that such separate contract or exclusive dealer agreement meets all requirements of the 1940 Act and rules thereunder.