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Common use of DISTRIBUTOR IS EXCLUSIVE AGENT OF FUND Clause in Contracts

DISTRIBUTOR IS EXCLUSIVE AGENT OF FUND. The Fund hereby appoints the Distributor as the agent of the Fund exclusively authorized to act as the principal underwriter and distributor of the shares of the Fund during the term of this Agreement. The Distributor agrees to accept such appointment, and to act as the agent of the Fund in accordance with the terms of this Agreement, as the principal underwriter and exclusive distributor of the shares of the Fund.

Appears in 6 contracts

Samples: Distribution Agreement (Fpa Perennial Fund Inc), Distribution Agreement (Fpa Paramount Fund Inc), Distribution Agreement (Fpa Perennial Fund Inc)

DISTRIBUTOR IS EXCLUSIVE AGENT OF FUND. The Fund hereby appoints the Distributor as the agent of the Fund exclusively authorized to act as the principal underwriter and distributor of the shares of Common Stock of the Fund (sometimes herein referred to as "shares") during the term of this Agreement. The Distributor agrees to accept such appointment, and to act as the agent of the Fund in accordance with the terms of this Agreement, as the principal underwriter and exclusive distributor of the shares of the Fund.

Appears in 4 contracts

Samples: Distribution Agreement (Fpa New Income Inc), Distribution Agreement (Fpa Capital Fund Inc), Distribution Agreement (Fpa New Income Inc)

DISTRIBUTOR IS EXCLUSIVE AGENT OF FUND. The Fund hereby appoints the Distributor as the agent of the Fund exclusively authorized to act as the principal underwriter and distributor of the shares of Common Stock of the Fund (sometimes herein referred to as “shares”) during the term of this Agreement. The Distributor agrees to accept such appointment, and to act as the agent of the Fund in accordance with the terms of this Agreement, as the principal underwriter and exclusive distributor of the shares of the Fund.

Appears in 2 contracts

Samples: Distribution Agreement (Fpa Capital Fund Inc), Distribution Agreement (Fpa New Income Inc)