Common use of Duties of the Distributor Clause in Contracts

Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to its duties hereunder. The services of the Distributor to the Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations with respect to the Fund hereunder is not impaired thereby.

Appears in 37 contracts

Samples: Distribution Agreement (KKR Income Opportunities Fund), Distribution Agreement (XAI Octagon Floating Rate & Alternative Income Trust), Distribution Agreement (Neuberger Berman High Yield Strategies Fund Inc.)

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Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort use its best efforts to perform its duties hereunder. The services of the Distributor to the Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations with respect to the Fund hereunder is not impaired thereby.

Appears in 25 contracts

Samples: Distribution Agreement (Columbia Seligman Premium Technology Growth Fund, Inc.), Distribution Agreement (RiverNorth Managed Duration Municipal Income Fund II, Inc.), Distribution Agreement (Rivernorth Opportunities Fund, Inc.)

Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to its duties hereundereffect sales of Shares of each Fund but shall not be obligated to sell any specific number of Shares. The services of the Distributor to the Fund Funds hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations with respect to the Fund hereunder is not impaired thereby.

Appears in 22 contracts

Samples: Distribution Agreement (Blackrock Multi State Municipal Series Trust), Distribution Agreement (Blackrock Municipal Bond Fund, Inc.), Distribution Agreement (Blackrock Natural Resources Trust)

Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to its duties hereunder. The services of the Distributor to the Fund Trust hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations with respect to the Fund Trust hereunder is not impaired thereby.

Appears in 15 contracts

Samples: Distribution Agreement (BlackRock Enhanced Equity Dividend Trust), Distribution Agreement (BlackRock Private Credit Fund), Distribution Agreement (Blackrock Municipal Income Trust)

Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to its duties hereunder. The services of the Distributor to the Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations with respect to the Fund hereunder is not impaired thereby.

Appears in 9 contracts

Samples: Distribution Agreement (Robeco-Sage Multi-Strategy TEI Fund, L.L.C.), Distribution Agreement (Robeco-Sage Multi-Strategy Fund, L.L.C.), Distribution Agreement (Robeco-Sage Multi-Strategy TEI Fund, L.L.C.)

Duties of the Distributor. (a) The Distributor shall devote use its reasonable time and effort best efforts to perform its duties hereunder. The services of the Distributor to the Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations with respect to the Fund hereunder is not impaired thereby.

Appears in 6 contracts

Samples: Distribution Agreement (NXG Cushing Midstream Energy Fund), Distribution Agreement (DoubleLine Opportunistic Credit Fund), Distribution Agreement (DoubleLine Income Solutions Fund)

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Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to its duties hereunder. The services of the Distributor to the a Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations with respect to the a Fund hereunder is not impaired thereby.

Appears in 2 contracts

Samples: Form of Distribution Agreement (BlackRock Alternatives Allocation Portfolio LLC), Distribution Agreement (BlackRock Alternatives Allocation TEI Portfolio LLC)

Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to performing its duties hereunder. The services of the Distributor to the Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations with respect to the Fund hereunder is not impaired thereby.

Appears in 2 contracts

Samples: Form of Distribution Agreement (AllianzGI Convertible & Income Fund II), Form of Distribution Agreement (AllianzGI Convertible & Income Fund)

Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to its duties hereunder. The services of the Distributor to the Fund Company hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations with respect to the Fund hereunder is not impaired thereby.

Appears in 1 contract

Samples: Distribution Agreement (Lazard Multi-Strategy 1099 Fund)

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