Common use of Dealer Commissions Clause in Contracts

Dealer Commissions. You shall receive for each sale of shares of the Fund, except shares sold which are not subject to a contingent deferred sales charge, a commission in an amount equal to three and three-quarters (3 3/4) percent of the offering price of shares of the Fund sold multiplied by the number of shares of the Fund sold. The amount of the commission is subject to change by us without notice.

Appears in 3 contracts

Samples: Dealer Sales Agreement (Nd Tax Free Fund Inc /Nd/), Dealer Sales Agreement (South Dakota Tax Free Fund Inc), Dealer Sales Agreement (Montana Tax Free Fund Inc)

AutoNDA by SimpleDocs

Dealer Commissions. You shall receive for each sale of shares of the Fund, except shares sold which are not subject to a contingent deferred sales charge, a commission in an amount equal to three four and threeone-quarters half (3 3/44-1/2) percent of the offering price of shares of the Fund sold multiplied by the number of shares of the Fund sold; provided, however, that if the aggregate offering price of shares of the Fund sold is one million dollars ($ 1,000,000) or more, the commission is reduced to one (1) percent of the offering price multiplied by the number of shares sold. The amount of the commission is subject to change by us without notice.

Appears in 1 contract

Samples: Dealer Sales Agreement (Integrity Fund of Funds Inc)

AutoNDA by SimpleDocs

Dealer Commissions. You shall receive for each sale of shares of the Fund, except shares sold which are not subject to a contingent deferred sales charge, a commission in an amount equal to three and three-quarters four (3 3/44) percent of the offering price of shares of the Fund sold multiplied by the number of shares of the Fund sold; provided, however, that if the aggregate offering price of shares of the Fund sold is one million dollars ($1,000,000) or more, the commission is reduced to one (1) percent of the offering price multiplied by the number of shares sold. The amount of the commission is subject to change by us without notice.

Appears in 1 contract

Samples: Dealer Sales Agreement (Integrity Small Cap Fund of Funds Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!