Common use of DISTRIBUTOR'S REPRESENTATIONS AND WARRANTIES Clause in Contracts

DISTRIBUTOR'S REPRESENTATIONS AND WARRANTIES. Distributor represents and warrants that: a. It is a corporation duly organized and existing and in good standing under the laws of the state of Wisconsin and is duly registered or exempt from registration as a broker-dealer in all states and jurisdictions in which it provides services as a non-exclusive distributor for the Funds. b. It is a member in good standing of the NASD. c. It is empowered under applicable laws and by Distributor's organizational documents to enter into this Agreement and perform all activities and services of the Distributor provided for herein and that there are no impediments, prior or existing, regulatory, self-regulatory, administrative, civil or criminal matters affecting Distributor's ability to perform under this Agreement. d. All requisite actions have been taken to authorize Distributor to enter into and perform this Agreement.