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 5 hereof, and will not take "long" or "short" positions in shares contrary to any applicable provisions of the Agreement and Declaration of Trust of the Trust, as amended or restated from time to time.
Appears in 2 contracts
Samples: Distributor's Contract (Barr Rosenberg Series Trust), Distributor's Contract (Barr Rosenberg 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 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 5 8 hereof, and will not take "long" or "short" positions in shares contrary to any applicable provisions of the Agreement and Declaration of Trust of the Trust, as amended or restated from time to time.
Appears in 2 contracts
Samples: Distribution Contract (Pimco Funds Equity Advisors Series), Distribution Agreement (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 5 4 hereof, and will not take "long" or "short" positions in shares contrary to any applicable provisions of the Agreement and Declaration of Trust of the Trust, as amended or restated from time to time.
Appears in 1 contract
Samples: Distributor's Contract (Barr Rosenberg Series 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 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 5 8 hereof, and will not take "long" or "short" positions in shares contrary to any applicable provisions of the Agreement and Declaration of Trust of the Trust, as amended or restated from time to time.
Appears in 1 contract
Samples: Distribution Agreement (Pimco Funds Multi Manager Series)
