Common use of Basis of Sale of Shares Clause in Contracts

Basis of Sale of Shares. This Agreement is not a firm commitment underwriting and, as a result, FDCC does not agree to sell any specific number of Shares. FDCC, as agent for the Funds, undertakes to sell Shares on a best efforts basis only against orders therefor.

Appears in 6 contracts

Samples: Principal Underwriter Agreement (World Funds Trust), Principal Underwriter Agreement (World Funds Trust), Amended Principal Underwriter Agreement (World Funds Trust)

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