Common use of Dealer Clause in Contracts

Dealer. In all sales of Fund shares to the public, you shall act as dealer for your own account and, other than for the limited purpose of accepting your customers’ purchase and redemption orders for Fund shares in which you shall be authorized to act as an agent of the Fund, in no transaction shall you have any authority to act as agent for any Fund, for us or for any other dealer.

Appears in 28 contracts

Samples: Broker Dealer Selling Agreement (BNY Mellon Absolute Insight Funds, Inc.), Broker Dealer Selling Agreement (Dreyfus Premier Short Intermediate Municipal Bond Fund), Broker Dealer Selling Agreement (Dreyfus Socially Responsible Growth Fund Inc)

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Dealer. In all sales of Fund shares to the public, you shall act as dealer for your own account and, other than for the limited purpose of accepting your customers' purchase and redemption orders for Fund shares in which you shall be authorized to act as an agent of the Fund, in no transaction shall you have any authority to act as agent for any Fund, for us or for any other dealer.

Appears in 2 contracts

Samples: Broker Dealer Selling Agreement (Bny Mellon Funds Trust), Broker Dealer Selling Agreement (Dreyfus BNY Mellon Funds, Inc.)

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Dealer. In all sales of Fund shares to the public, you we shall act as dealer for your our own account and, other than for the limited purpose of accepting your customers’ purchase and redemption orders for Fund shares in which you shall be authorized to act as an agent of the Fund, in no transaction shall you we have any authority to act as agent for any Fund, for us you or for any other dealer.

Appears in 1 contract

Samples: Broker Dealer Agreement (Dreyfus Funds Inc)

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