Common use of Basis of Purchases and Sales of Shares Clause in Contracts

Basis of Purchases and Sales of Shares. The Distributor’s obligation to sell shares hereunder shall be on a best efforts basis only and the Distributor shall not be obligated to sell any specific number of shares. Shares will be sold by the Distributor only against orders therefor. The Distributor will not purchase shares from anyone other than the Trust except in accordance with Section 8 hereof, and will not take “long” or “short” positions in shares contrary to any applicable provisions of the Declaration of Trust.

Appears in 16 contracts

Samples: Distribution Contract (Allianz Funds), Distribution Contract (Allianz Funds Multi-Strategy Trust), Distribution Contract (Allianz Funds)

AutoNDA by SimpleDocs

Basis of Purchases and Sales of Shares. The Distributor’s obligation to sell shares hereunder shall be on a best efforts basis only and the Distributor shall not be obligated to sell any specific number of shares. Shares will be sold by the Distributor only against orders therefor. The Distributor will not purchase shares from anyone other than the Trust except in accordance with Section 8 hereof, and will not take “long” or “short” positions in shares contrary to any applicable provisions of the Declaration of Trust of the Trust, as amended.

Appears in 9 contracts

Samples: Distribution Contract (Pimco Funds), PIMCO Equity Series, Distribution Contract (PIMCO Equity Series)

Basis of Purchases and Sales of Shares. The Distributor’s obligation to sell shares hereunder shall be on a best efforts basis only and the Distributor shall not be obligated to sell any specific number of shares. Shares will be sold by the Distributor only against orders therefor. The Distributor will not purchase shares from anyone other than the Trust except in accordance with Section 8 9 hereof, and will not take “long” or “short” positions in shares contrary to any applicable provisions of the Declaration of Trust of the Trust, as amended.

Appears in 9 contracts

Samples: Distribution Contract (Pimco Funds), Distribution Contract (Pimco Funds), Distribution Contract (Pimco Funds)

Basis of Purchases and Sales of Shares. The Distributor’s obligation to sell shares Shares hereunder shall be on a best efforts basis only and the Distributor shall not be obligated to sell any specific number of sharesShares. Shares will be sold by the Distributor only against orders therefor. The Distributor will not purchase shares Shares from anyone other than the Trust Fund except in accordance with Section 8 hereof, and will not take “long” or “short” positions in shares Shares of a Fund contrary to any applicable provisions of the Fund’s Declaration of Trust.

Appears in 6 contracts

Samples: Distribution Contract (PIMCO Flexible Real Estate Income Fund), Distribution Contract (PIMCO California Flexible Municipal Income Fund), Distribution Contract (PIMCO Flexible Emerging Markets Income Fund)

Basis of Purchases and Sales of Shares. The Distributor’s 's obligation to sell shares hereunder shall be on a best efforts basis only and the Distributor shall not be obligated to sell any specific number of shares. Shares will be sold by the Distributor only against orders therefor. The Distributor will not purchase shares from anyone other than the Trust except in accordance with Section 8 hereof5, and will not take "long" or "short" positions in shares contrary to any applicable provisions of the Declaration of Trustshares.

Appears in 3 contracts

Samples: Barr Rosenberg Series Trust (Barr Rosenberg Series Trust), Barr Rosenberg Series Trust (Barr Rosenberg Series Trust), Barr Rosenberg Series Trust

Basis of Purchases and Sales of Shares. The Distributor’s 's obligation to sell shares hereunder shall be on a best efforts basis only and the Distributor shall not be obligated to sell any specific number of shares. Shares will be sold by the Distributor only against orders therefor. The Distributor will not purchase shares from anyone other than the Trust except in accordance with Section 8 hereof, and will not take "long" or "short" positions in shares contrary to any applicable provisions of the Declaration of Trust of the Trust, as amended.

Appears in 3 contracts

Samples: Distribution Contract (Pimco Funds), Distribution Contract (Pimco Funds), Pimco Funds

Basis of Purchases and Sales of Shares. The Distributor’s 's obligation to sell shares hereunder shall be on a best efforts basis only and the Distributor shall not be obligated to sell any specific number of shares. Shares will be sold by the Distributor only against orders therefor. The Distributor will not purchase shares from anyone other than the Trust except in accordance with Section 8 hereof, and will not take "long" or "short" positions in shares contrary to any applicable provisions of the Declaration of Trust of the Trust, as amended.

Appears in 3 contracts

Samples: Distribution Contract (Pimco Fixed Income Shares), Distribution Contract (Fixed Income Shares), Distribution Contract (Pimco Fixed Income Shares)

Basis of Purchases and Sales of Shares. The Distributor’s 's obligation to sell shares hereunder shall be on a best efforts basis only and the Distributor shall not be obligated to sell any specific number of shares. Shares will be sold by the Distributor only against orders therefor. The Distributor will not purchase shares from anyone other than the Trust except in accordance with Section 8 7 hereof, and will not take "long" or "short" positions in shares contrary to any applicable provisions of the Declaration Trust Instrument of the Trust, as amended.

Appears in 2 contracts

Samples: Distribution Agreement (Premier Vit), Distribution Contract (Pimco Variable Insurance Trust)

Basis of Purchases and Sales of Shares. The Distributor’s obligation to sell shares Shares hereunder shall be on a best efforts basis only and the Distributor shall not be obligated to sell any specific number of sharesShares. Shares will be sold by the Distributor only against orders therefor. The Distributor will not purchase shares Shares from anyone other than the Trust except in accordance with Section 8 9 hereof, and will not take “long” or “short” positions in shares Shares contrary to any applicable provisions of the Declaration of Trust.

Appears in 2 contracts

Samples: Distribution Contract (PIMCO Flexible Credit Income Fund), Distribution Contract (PIMCO Flexible Credit Income Fund)

Basis of Purchases and Sales of Shares. The Distributor’s obligation to sell shares hereunder shall be on a best efforts basis only and the Distributor shall not be obligated to sell sell’ any specific number of shares. Shares will be sold by the Distributor only against orders therefor. The Distributor will not purchase shares from anyone other than the Trust except in accordance with Section 8 hereof, and will not take “long” or “short” positions in shares contrary to any applicable provisions of the Declaration Trust Instrument of the Trust, as amended.

Appears in 1 contract

Samples: Distribution Contract (Pimco Variable Insurance Trust)

Basis of Purchases and Sales of Shares. The Distributor’s obligation to sell shares hereunder shall be on a best efforts basis only and the Distributor shall not be obligated to sell sell’ any specific number of shares. Shares will be sold by the Distributor only against orders therefor. The Distributor will not purchase shares from anyone other than the Trust except in accordance with Section 8 hereof, and will not take “long” or “short” positions in shares contrary to any applicable provisions of the Declaration of Trust of the Trust, as amended.

Appears in 1 contract

Samples: Distribution Contract (PIMCO Equity Series VIT)

AutoNDA by SimpleDocs

Basis of Purchases and Sales of Shares. The Distributor’s obligation to sell shares hereunder shall be on a best efforts basis only and the Distributor shall not be obligated to sell any specific number of shares. Shares will be sold by the Distributor only against orders therefor. The Distributor will not purchase shares from anyone other than the Trust except in accordance with Section 8 7 hereof, and will not take “long” or “short” positions in shares contrary to any applicable provisions of the Declaration of Trust.

Appears in 1 contract

Samples: Distribution Agreement (Premier Vit)

Basis of Purchases and Sales of Shares. The Distributor’s obligation to sell shares hereunder shall be on a best efforts basis only and the Distributor shall not be obligated to sell any specific number of shares. Shares will be sold by the Distributor only against orders therefor. The Distributor will not purchase shares from anyone other than the Trust except in accordance with Section 8 hereof, and will not take “long” or “short” positions in shares contrary to any applicable provisions of the Amended and Restated Declaration of Trust of the Trust, as amended.

Appears in 1 contract

Samples: Distribution Contract (PIMCO Equity Series)

Basis of Purchases and Sales of Shares. The Distributor’s obligation to sell shares hereunder shall be on a best efforts basis only and the Distributor shall not be obligated to sell any specific number of shares. Shares will be sold by the Distributor only against orders therefor. The Distributor will not purchase shares from anyone other than the Trust except in accordance with Section 8 hereof, and will not take “long” or “short” positions in shares contrary to any applicable provisions of the Declaration of Trust.

Appears in 1 contract

Samples: Allianz RCM Global EcoTrends Fund

Basis of Purchases and Sales of Shares. The Distributor’s 's obligation to sell shares hereunder shall be on a best efforts basis only and the Distributor shall not be obligated to sell any specific number of shares. Shares will be sold by the Distributor only against orders therefor. The Distributor will not purchase shares from anyone other than the Trust Fund except in accordance with Section 8 7 hereof, and will not take "long" or "short" positions in shares contrary to any applicable provisions of the Trust's Amended and Restated Agreement and Declaration of Trust (the "Declaration of Trust").

Appears in 1 contract

Samples: Distribution Contract (Fixed Income Shares)

Basis of Purchases and Sales of Shares. The Distributor’s obligation to sell shares obligations hereunder shall be on a best efforts basis only and the Distributor shall not be obligated to sell any specific number of shares. Shares will be sold by the Distributor only against orders therefor. The Distributor will not purchase shares from anyone other than the Trust except in accordance with Section 8 7 hereof, and will not take “long” or “short” positions in shares contrary to any applicable provisions of the Declaration of Trust.

Appears in 1 contract

Samples: Distribution Contract (AllianzGI Institutional Multi-Series Trust)

Basis of Purchases and Sales of Shares. The Distributor’s 's obligation to sell shares hereunder shall be on a best efforts basis only and the Distributor shall not be obligated to sell any specific number of shares. Shares will be sold by the Distributor only against orders therefor. The Distributor will not purchase shares from anyone other than the Trust except in accordance with Section 8 hereof, and will not take "long" or "short" positions in shares contrary to any applicable provisions of the Declaration of Trust.

Appears in 1 contract

Samples: Distribution Contract (Pimco Funds Multi Manager Series)

Basis of Purchases and Sales of Shares. The Distributor’s obligation to sell shares hereunder shall be on a best efforts basis only and the Distributor shall not be obligated to sell any specific number of shares. Shares will be sold by the Distributor only against orders therefor. The Distributor will not purchase shares from anyone other than the Trust except in accordance with Section 8 hereof, and will not take “long” or “short” positions in shares contrary to any applicable provisions of the Declaration Trust Instrument of the Trust, as amended.

Appears in 1 contract

Samples: Distribution Contract (Pimco Variable Insurance Trust)

Time is Money Join Law Insider Premium to draft better contracts faster.