Common use of Dealer Compensation Clause in Contracts

Dealer Compensation. (a) On each purchase of shares by you from us, the total sales charges and your dealer concessions shall be as stated in each Fund's then current prospectus, subject to NASD rules and applicable laws. Such sales charges and dealer concessions are subject to reductions under a variety of circumstances as described in the Funds' prospectuses. For an investor to obtain these reductions, we must be notified at the time of the sale that the sale qualifies for the reduced charge. If you fail to notify us of the applicability of a reduction in the sales charge at the time the trade is placed, neither we nor any of the Funds will be liable for amounts necessary to reimburse any investor for the reduction which should have been effected.

Appears in 19 contracts

Samples: Dealer Agreement (Franklin Federal Money Fund), Dealer Agreement (Templeton Global Investment Trust), Dealer Agreement (Franklin Mutual Recovery Fund)

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Dealer Compensation. (a) On ‑On each purchase of shares by you from us, the total sales charges and your dealer concessions shall be as stated in each Fund's ’s then current prospectusProspectus, subject to NASD FINRA rules and applicable laws. Such sales charges and dealer concessions are subject to reductions under a variety of circumstances as described in the Funds' prospectuses’ Prospectuses. For an investor to obtain these reductions, we must be notified at the time of the sale that the sale qualifies for the reduced charge. If you fail to notify us of the applicability of a reduction in the sales charge at the time the trade is placed, neither we nor any of the Funds will be liable for amounts necessary to reimburse any investor for the reduction which should have been effected.

Appears in 19 contracts

Samples: Selling Agreement (Franklin Strategic Series), Selling Agreement (Franklin Federal Tax Free Income Fund), Selling Agreement (Franklin California Tax Free Income Fund)

Dealer Compensation. (a) On each purchase of shares by you from us, the total sales charges and your dealer concessions shall be as stated in each Fund's then current prospectusProspectus, subject to NASD rules and applicable laws. Such sales charges and dealer concessions are subject to reductions under a variety of circumstances as described in the Funds' prospectusesProspectuses. For an investor to obtain these reductions, we must be notified at the time of the sale that the sale qualifies for the reduced charge. If you fail to notify us of the applicability of a reduction in the sales charge at the time the trade is placed, neither we nor any of the Funds will be liable for amounts necessary to reimburse any investor for the reduction which should have been effected.

Appears in 10 contracts

Samples: Selling Agreement (Templeton Capital Accumulator Fund), Graphic Omitted (Franklin Money Fund), Graphic Omitted (Franklin New York Tax Free Trust)

Dealer Compensation. (a) On each purchase of shares by you from us, the total sales charges and your dealer concessions shall be as stated in each Fund's then current prospectus, subject to NASD rules and applicable state and federal laws. Such sales charges and dealer concessions are subject to reductions under a variety of circumstances as described in the Funds' prospectuses. For an investor to obtain these reductions, we must be notified at the time of the sale that the sale qualifies for the reduced charge. If you fail to notify us of the applicability of a reduction in the sales charge at the time the trade is placed, neither we nor any of the Funds will be liable for amounts necessary to reimburse any investor for the reduction which should have been effected.

Appears in 6 contracts

Samples: Dealer Agreement (Franklin Tax Free Trust), Dealer Agreement (Franklin Gold Fund), Dealer Agreement (Franklin Templeton Global Trust)

Dealer Compensation. (a) On each purchase of shares by you from us, the total sales charges and your dealer concessions shall be as stated in each Fund's then current prospectus, subject to NASD rules and applicable state and federal laws. Such sales charges and dealer concessions are subject to reductions under a variety of circumstances as described in the Funds' prospectuses. For an investor to To obtain these reductions, we must be notified at the time of when the sale that the sale qualifies takes place which would qualify for the reduced charge. If you fail to notify us of the applicability of a reduction in the sales charge at the time the trade is placed, neither we nor any of the Funds will be liable for amounts necessary to reimburse any investor for the reduction which should have been effected.

Appears in 5 contracts

Samples: Templeton Smaller Companies Growth Fund Inc, Templeton Real Estate Securities Fund, Templeton Growth Fund Inc

Dealer Compensation. (a) On -On each purchase of shares by you from us, the total sales charges and your dealer concessions shall be as stated in each Fund's ’s then current prospectusProspectus, subject to NASD FINRA rules and applicable laws. Such sales charges and dealer concessions are subject to reductions under a variety of circumstances as described in the Funds' prospectuses’ Prospectuses. For an investor to obtain these reductions, we must be notified at the time of the sale that the sale qualifies for the reduced charge. If you fail to notify us of the applicability of a reduction in the sales charge at the time the trade is placed, neither we nor any of the Funds will be liable for amounts necessary to reimburse any investor for the reduction which should have been effected.

Appears in 3 contracts

Samples: Selling Agreement (Templeton Developing Markets Trust), Selling Agreement (Templeton Income Trust), Selling Agreement (Franklin Federal Tax Free Income Fund)

Dealer Compensation. (a) On each purchase of shares by you from us, the total sales charges and your dealer concessions shall be as stated in each Fund's ’s then current prospectusProspectus, subject to NASD rules and applicable laws. Such sales charges and dealer concessions are subject to reductions under a variety of circumstances as described in the Funds' prospectuses’ Prospectuses. For an investor to obtain these reductions, we must be notified at the time of the sale that the sale qualifies for the reduced charge. If you fail to notify us of the applicability of a reduction in the sales charge at the time the trade is placed, neither we nor any of the Funds will be liable for amounts necessary to reimburse any investor for the reduction which should have been effected.

Appears in 1 contract

Samples: Selling Agreement (Franklin Global Trust)

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Dealer Compensation. (a) On each purchase of shares by you from us, the total sales charges and your dealer concessions shall be as stated in each Fund's ’s then current prospectusProspectus, subject to NASD FINRA rules and applicable laws. Such sales charges and dealer concessions are subject to reductions under a variety of circumstances as described in the Funds' prospectuses’ Prospectuses. For an investor to obtain these reductions, we must be notified at the time of the sale that the sale qualifies for the reduced charge. If you fail to notify us of the applicability of a reduction in the sales charge at the time the trade is placed, neither we nor any of the Funds will be liable for amounts necessary to reimburse any investor for the reduction which should have been effected.

Appears in 1 contract

Samples: Selling Agreement (Templeton Global Investment Trust)

Dealer Compensation. (a) On each purchase of shares by you from us, the total sales charges and your dealer concessions shall be as stated in each Fund's then ’s then-current prospectusProspectus, subject to NASD FINRA rules and applicable laws. Such sales charges and dealer concessions are subject to reductions under a variety of circumstances as described in the Funds' prospectuses’ Prospectuses. For an investor to obtain these reductions, we must be notified at the time of the sale that the sale qualifies for the reduced charge. If you fail to notify us of the applicability of a reduction in the sales charge at the time the trade is placed, neither we nor any of the Funds will be liable for amounts necessary to reimburse any investor for the reduction which should have been effected.

Appears in 1 contract

Samples: Selling Agreement (Franklin Lexington Private Markets Fund)

Dealer Compensation. (a) On each purchase of shares by you from us, the total sales charges and your dealer concessions shall be as stated in each Fund's then current prospectus, subject to NASD rules and applicable state and federal laws. Such sales charges and dealer concessions are subject to reductions under a variety of circumstances as described in the Funds' prospectuses. For an investor to obtain these reductions, we must be notified at the time of the sale that the sale qualifies for the reduced chargecharges. If you fail to notify us of the applicability of a reduction in the sales charge at the time the trade is placed, neither we nor any of the Funds will be liable for amounts necessary to reimburse any investor for the reduction which should have been effected.

Appears in 1 contract

Samples: Underwriter Dealer Agreement (Security Equity Fund)

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