Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the Fund, but shall not be obligated to sell any specific number of shares. 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 hereunder is not impaired thereby. (b) In selling the Class B shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 7 contracts
Samples: Distribution Agreement (Merrill Lynch Federal Securities Trust), Distribution Agreement (Merrill Lynch Corporate High Yield Fund Inc), Distribution Agreement (Merrill Lynch Global Holdings Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B shares Shares of the Fund, each Fund but shall not be obligated to sell any specific number of sharesShares. 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 hereunder is not impaired thereby.
(b) In selling the Class B shares Shares of the FundFunds, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in financial intermediary having an agreement to offer and sell shares pursuant to Section 7 hereof, nor any other person is authorized by the any Fund to give any information or to make any representations, other than those contained in the its registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the such Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the each Fund, for the confirmation of sales to eligible investors and selected dealersfinancial intermediaries, the collection of amounts payable by eligible investors and selected dealers financial intermediaries on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 7 contracts
Samples: Distribution Agreement (Merrill Lynch Bond Fund Inc), Distribution Agreement (Merrill Lynch Americas Income Fund Inc), Distribution Agreement (Merrill Lynch Capital Fund Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B shares Shares of the Fund, each Fund but shall not be obligated to sell any specific number of sharesShares. 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 hereunder is not impaired thereby.
(b) In selling the Class B shares Shares of the FundFunds, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in financial intermediary having an agreement to offer and sell shares pursuant to Section 7 hereof, nor any other person is authorized by the any Fund to give any information or to make any representations, other than those contained in the its registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the such Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the each Fund, for the confirmation of sales to eligible investors and selected dealersfinancial intermediaries, the collection of amounts payable by eligible investors and selected dealers financial intermediaries on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. Financial Industry Regulatory Authority (the "NASDFINRA"), as such requirements may from time to time exist.
Appears in 6 contracts
Samples: Distribution Agreement (Blackrock Eurofund), Distribution Agreement (Blackrock Focus Value Fund, Inc.), Distribution Agreement (Blackrock Global Emerging Markets Fund, Inc.)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B C shares of the Fund, Fund but shall not be obligated to sell any specific number of shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B C shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 4 contracts
Samples: Distribution Agreement (Merrill Lynch Technology Leaders Fund Inc), Distribution Agreement (Merrill Lynch Corporate High Yield Fund Inc), Distribution Agreement (Merrill Lynch Internet Strategies Fund Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B A shares of the Fund, Fund but shall not be obligated to sell any specific number of Class A shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B A shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 4 contracts
Samples: Distribution Agreement (Merrill Lynch Internet Strategies Fund Inc), Distribution Agreement (Merrill Lynch Focus Twenty Fund Inc), Distribution Agreement (Merrill Lynch Corporate High Yield Fund Inc)
Duties of the Distributor. (a) a. The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the Fund, Shares but shall not be obligated to sell any specific number of sharesShares. The services of the Distributor to the Fund Corporation 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 hereunder is not impaired thereby.
(b) b. In selling the Class B shares of the FundShares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in financial intermediary having an agreement with the Distributor to offer and sell Shares pursuant to Section 7 hereof, nor any other person is authorized by the Fund Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCorporation.
(c) c. The Distributor shall adopt and follow procedures, as approved by the officers of the FundCorporation, for the confirmation of sales to eligible investors and selected dealersfinancial intermediaries, the collection of amounts payable by eligible investors and selected dealers financial intermediaries on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 3 contracts
Samples: Distribution Agreement (Mercury Index Funds Inc), Distribution Agreement (Merrill Lynch Index Funds Inc), Distribution Agreement (Mercury Qa Strategy Series Inc/)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B A shares of the Fund, Fund but shall not be obligated to sell any specific number of Class A shares. The services of the Distributor to the Fund Program 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 hereunder is not impaired thereby.
(b) In selling the Class B A shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Program to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundProgram.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundProgram, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 3 contracts
Samples: Distribution Agreement (Merrill Lynch Asset Builder Program Inc), Distribution Agreement (Merrill Lynch Asset Builder Program Inc), Distribution Agreement (Merrill Lynch Asset Builder Program Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B shares Shares of the Fund, each Fund but shall not be obligated to sell any specific number of sharesShares. 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 hereunder is not impaired thereby.
(b) In selling the Class B shares Shares of the FundFunds, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in financial intermediary having an agreement to offer and sell shares pursuant to Section 7 hereof, nor any other person is authorized by the any Fund to give any information or to make any representations, other than those contained in the its registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the such Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the each Fund, for the confirmation of sales to eligible investors and selected dealersfinancial intermediaries, the collection of amounts payable by eligible investors and selected dealers financial intermediaries on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. Financial Industry Regulatory Authority (the "NASD"“FINRA”), as such requirements may from time to time exist.
Appears in 3 contracts
Samples: Distribution Agreement (Blackrock Municipal Bond Fund, Inc.), Distribution Agreement (Blackrock Multi State Municipal Series Trust), Distribution Agreement (Blackrock Natural Resources Trust)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B I shares of the Fund, Fund but shall not be obligated to sell any specific number of Class I shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B I shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 2 contracts
Samples: Distribution Agreement (Mercury Internet Strategies Fund Inc), Distribution Agreement (Merrill Lynch Global Holdings Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the Fund, but shall not be obligated to sell any specific number of shares. The services of the Distributor to the Fund Program 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 hereunder is not impaired thereby.
(b) In selling the Class B shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Program to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundProgram.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundProgram, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 2 contracts
Samples: Distribution Agreement (Merrill Lynch Asset Builder Program Inc), Distribution Agreement (Merrill Lynch Asset Builder Program Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B D shares of the Fund, Fund but shall not be obligated to sell any specific number of Class D shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B D shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 2 contracts
Samples: Distribution Agreement (Merrill Lynch Corporate High Yield Fund Inc), Distribution Agreement (Merrill Lynch Internet Strategies Fund Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B I shares of the Fund, Fund but shall not be obligated to sell any specific number of Class I shares. The services of the Distributor to the Fund Program 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 hereunder is not impaired thereby.
(b) In selling the Class B I shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Program to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundProgram.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundProgram, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 2 contracts
Samples: Distribution Agreement (Merrill Lynch Asset Builder Program Inc), Distribution Agreement (Merrill Lynch Asset Builder Program Inc)
Duties of the Distributor. (a) a. The Distributor shall devote reasonable time and effort to effect sales of each Fund's Class B shares of the Fund, C Shares but shall not be obligated to sell any specific number of sharesa Fund's Class C Shares. The services of the Distributor to the Fund Corporation 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 hereunder is not impaired thereby.
(b) b. In selling the each Fund's Class B shares of the FundC Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Corporation to give any information or to make any representations, other than those contained in the Funds' registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCorporation.
(c) c. The Distributor shall adopt and follow procedures, as approved by the officers of the FundCorporation, for the confirmation of sales to investors and selected dealersdealers (as defined below), the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 2 contracts
Samples: Distribution Agreement (Mercury Life Strategy Fund Inc), Distribution Agreement (Mercury Quantitative Series Fund Inc)
Duties of the Distributor. (a) a. The Distributor shall devote reasonable time and effort to effect sales of each Fund's Class B shares of the Fund, Shares but shall not be obligated to sell any specific number of sharesa Fund's Class B Shares. The services of the Distributor to the Fund Corporation 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 hereunder is not impaired thereby.
(b) b. In selling the each Fund's Class B shares of the FundShares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Corporation to give any information or to make any representations, other than those contained in the Funds' registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCorporation.
(c) c. The Distributor shall adopt and follow procedures, as approved by the officers of the FundCorporation, for the confirmation of sales to investors and selected dealersdealers (as defined below), the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 2 contracts
Samples: Distribution Agreement (Mercury Life Strategy Fund Inc), Distribution Agreement (Mercury Quantitative Series Fund Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the Fund, Fund but shall not be obligated to sell any specific number of Class B shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.National
Appears in 2 contracts
Samples: Distribution Agreement (Merrill Lynch Focus Twenty Fund Inc), Distribution Agreement (Merrill Lynch Premier Growth Fund Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B C shares of the Fund, Fund but shall not be obligated to sell any specific number of Class C shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B C shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.National
Appears in 2 contracts
Samples: Distribution Agreement (Merrill Lynch Focus Twenty Fund Inc), Distribution Agreement (Merrill Lynch Premier Growth Fund Inc)
Duties of the Distributor. (a) In addition to providing services to the Fund under this Agreement (as depicted in Section 1), the Distributor shall seek to retain Member Service Providers (as defined below) and facilitate and assist in the provision of investor services ("Member Services") to Members that are customers of the Member Service Providers (as defined below).
(b) The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the Fund, but shall not be obligated to sell any specific number of sharesits 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 hereunder is not impaired thereby.
(bc) In selling the Class B shares of the Fundperforming its duties hereunder, the Distributor shall use its best efforts in all respects to duly to conform with the requirements of all Federal and state applicable laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(cd) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealersMember Service Providers (as defined below), the collection of amounts payable by investors and selected dealers Member Service Providers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 2 contracts
Samples: Distribution Agreement (Old Mutual 2100 Absolute Return Institutional Fund, LLC), Distribution Agreement (Old Mutual 21oo Emerging Managers Institutional Fund, LLC)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B I shares of the Fund, Fund but shall not be obligated to sell any specific number of Class I shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B I shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 7 8 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 2 contracts
Samples: Distribution Agreement (Mercury Focus Twenty Fund Inc), Distribution Agreement (Mercury Premier Growth Fund Inc)
Duties of the Distributor. (a) a. The Distributor shall devote reasonable time and effort to effect sales of each Fund's Class B shares of the Fund, I Shares but shall not be obligated to sell any specific number of sharesa Fund's Class I Shares. The services of the Distributor to the Fund Corporation 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 hereunder is not impaired thereby.
(b) b. In selling the each Fund's Class B shares of the FundI Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Corporation to give any information or to make any representations, other than those contained in the Funds' registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCorporation.
(c) c. The Distributor shall adopt and follow procedures, as approved by the officers of the FundCorporation, for the confirmation of sales to eligible investors and selected dealersdealers (as defined below), the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 2 contracts
Samples: Distribution Agreement (Mercury Quantitative Series Fund Inc), Distribution Agreement (Mercury Life Strategy Fund Inc)
Duties of the Distributor. (a) a. The Distributor shall devote reasonable time and effort to effect sales of each Fund's Class B shares of the Fund, A Shares but shall not be obligated to sell any specific number of sharesa Fund's Class A Shares. The services of the Distributor to the Fund Corporation 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 hereunder is not impaired thereby.
(b) b. In selling the each Fund's Class B shares of the FundA Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Corporation to give any information or to make any representations, other than those contained in the Funds' registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCorporation.
(c) c. The Distributor shall adopt and follow procedures, as approved by the officers of the FundCorporation, for the confirmation of sales to investors and selected dealersdealers (as defined below), the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 2 contracts
Samples: Distribution Agreement (Mercury Life Strategy Fund Inc), Distribution Agreement (Mercury Quantitative Series Fund Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B C shares of the Fund, but shall not be obligated to sell any specific number of shares. The services of the Distributor to the Fund Program 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 hereunder is not impaired thereby.
(b) In selling the Class B C shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Program to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundProgram.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundProgram, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 2 contracts
Samples: Distribution Agreement (Merrill Lynch Asset Builder Program Inc), Distribution Agreement (Merrill Lynch Asset Builder Program Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B C shares of the Fund, Fund but shall not be obligated to sell any specific number of shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B C shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.Association
Appears in 2 contracts
Samples: Distribution Agreement (Merrill Lynch Utility Income Fund Inc), Distribution Agreement (Merrill Lynch Strategic Dividend Fund)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the Fund, but shall not be obligated to sell any specific number of shares. The services of the Distributor to the Fund Corporation 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 hereunder is not impaired thereby.
(b) In selling the Class B shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCorporation.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundCorporation, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 2 contracts
Samples: Distribution Agreement (Mercury Large Cap Series Funds Inc), Distribution Agreement (Merrill Lynch Large Cap Series Funds Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B A shares of the Fund, Fund but shall not be obligated to sell any specific number of Class A shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B A shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 2 contracts
Samples: Distribution Agreement (Mercury Internet Strategies Fund Inc), Distribution Agreement (Merrill Lynch Global Holdings Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the Fund, but shall not be obligated to sell any specific number of shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in financial intermediary having an agreement to offer and sell shares pursuant to Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealersfinancial intermediaries, the collection of amounts payable by investors and selected dealers financial intermediaries on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 2 contracts
Samples: Distribution Agreement (Merrill Lynch Sr Float Rate Fd), Distribution Agreement (Merrill Lynch Senior Floating Rate Fund Ii Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the Fund, Fund but shall not be obligated to sell any specific number of shares. The services of the Distributor to the Fund Program 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 hereunder is not impaired thereby.
(b) In selling the Class B shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Program to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundProgram.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundProgram, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Asset Builder Program Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B A shares of the Fund, Fund but shall not be obligated to sell any specific number of Class A shares. The services of the Distributor to the Fund Corporation 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 hereunder is not impaired thereby.
(b) In selling the Class B A shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCorporation.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundCorporation, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Mercury Large Cap Series Funds Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the Fund, but shall not be obligated to sell any specific number of shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal federal and state laws and regulations and the regulations of the National Association of Securities Dealers, Inc. (the "NASD") relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, dealer nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and or any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Institutional Intermediate Fund)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B C shares of the Fund, but shall not be obligated to sell any specific number of shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B C shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Global Holdings Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the Fund, but shall not be obligated to sell any specific number of shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, securities dealer nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealersfinancial intermediaries, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Mercury Senior Floating Rate Fund Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class class B shares of the Fund, but shall not be obligated to sell any specific number of shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform conform, with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, procedures as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers dealets on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association Association. 9 of Securities Dealers, Inc. (the "NASD"), as such requirements requiremets may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Short Term Global Income Fund Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B A shares of the FundTrust, but shall not be obligated to sell any specific number of Class A shares. 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 distribution arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby.
(b) In selling the Class B A shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal federal and state laws and regulations and the regulations of the National Association of Securities Dealers, Inc. (the "NASD") relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Trust to give any information or to make any representations, other than those contained in the registration statement Prospectus or related prospectus and statement of additional information and any sales literature specifically approved by the FundTrust.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundTrust, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Financial Institutions Series Trust)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B C shares of the Fund, but shall not be obligated to sell any specific number of shares. The services of the Distributor to the Fund Corporation 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 hereunder is not impaired thereby.
(b) In selling the Class B C shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCorporation.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundCorporation, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Mercury Large Cap Series Funds Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B D shares of the Fund, Fund but shall not be obligated to sell any specific number of Class D shares. The services of the Distributor to the Fund Corporation 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 hereunder is not impaired thereby.
(b) In selling the Class B D shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCorporation.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundCorporation, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Large Cap Series Funds Inc)
Duties of the Distributor. (a) a. The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the Fund, Shares but shall not be obligated to sell any specific number of sharesShares. The services of the Distributor to the Fund Corporation 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 hereunder is not impaired thereby.
(b) b. In selling the Class B shares of the FundShares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in financial intermediary having an agreement with the Distributor to offer and sell shares pursuant to Section 7 hereof, nor any other person is authorized by the Fund Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCorporation.
(c) c. The Distributor shall adopt and follow procedures, as approved by the officers of the FundCorporation, for the confirmation of sales to eligible investors and selected dealersfinancial intermediaries, the collection of amounts payable by eligible investors and selected dealers financial intermediaries on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Mercury Asset Management Funds Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable reasonable-time and effort to effect sales of Class B shares of the FundTrust, but shall not be obligated to sell any specific number of shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B shares of the FundTrust, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, dealer nor any other person is authorized by the Fund Trust to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information for each 9 Series and any sales literature specifically approved by the FundTrust for use with respect to a particular Series.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundTrust, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements -requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Mun Interm Term Fd of Ml Mun Ser Tr)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the Fund, but shall not be obligated to sell any specific number of shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Trust to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundTrust.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundTrust, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, 8 9 and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch California Insured Municipal Bond Fund of Merr)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B C shares of the Fund, Fund but shall not be obligated to sell any specific number of shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B C shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association 9 of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Fundamental Growth Fund Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B D shares of the Fund, Fund but shall not be obligated to sell any specific number of Class D shares. 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 in vestment companies so long as the performance of its obligations hereunder is not impaired thereby.
(b) In selling the Class B D shares of the Fund, the Distributor Distri butor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Balanced Fd for Inv & Ret)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B D shares of the Fund, Fund but shall not be obligated to sell any specific number of Class D shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B D shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.of
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Real Estate Fund Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B C shares of the Fund, Company but shall not be obligated to sell any specific number of shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B C shares of the FundCompany, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Company to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCompany.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundCompany, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B C shares of the Fund, Fund but shall not be obligated to sell any specific number of Class C shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B C shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Mercury Internet Strategies Fund Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the Fund, Fund but shall not be obligated to sell any specific number of shares. The services of 8 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 hereunder is not impaired thereby.
(b) In selling the Class B shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.. 9
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Fundamental Growth Fund Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time tine and effort to effect sales of Class B shares of the Fund, but shall not be obligated to sell any specific number of shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither securities in either the Distributor nor any selected dealer, as defined in Section 7 hereof, dealer nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time tire to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Growth Fund for Investment & Retirement)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B C shares of the Fund, Fund but shall not be obligated to sell any specific number of shares. The services of the Distributor to the Fund Corporation 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 hereunder is not impaired thereby.
(b) In selling the Class B C shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCorporation.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundCorporation, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Large Cap Series Funds Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B C shares of the Fund, Fund but shall not be obligated to sell any specific number of shares. The services of the Distributor to the Fund Program 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 hereunder is not impaired thereby.
(b) In selling the Class B C shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Program to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundProgram.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundProgram, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Asset Builder Program Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the FundTrust, but shall not be obligated to sell any specific number of shares. 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 distribution arrangements with other investment companies cmpanies so long as the performance of its obligations hereunder is not impaired thereby.
(b) In selling the Class B shares of the FundTrust, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal federal and state laws and reg- ulations and the regulations of the National Association of Securities Dealers, Inc. (the "NASD") relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Trust to give any information or to make any representations, other than those contained in the registration statement Prospectus for each Series or related prospectus and statement of additional information and any sales literature specifically approved by the FundTrust for use with respect to a particular Series.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundTrust, for the confirmation of sales salts to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Retirement Reserves Mo Fu of Mer Lyn Re Ser Tr)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B A shares of the Fund, Company but shall not be obligated to sell any specific number of Class A shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B A shares of the FundCompany, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Company to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCompany.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundCompany, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B D shares of the Fund, Fund but shall not be obligated to sell any specific number of Class D shares. The services of the Distributor to the Fund Program 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 hereunder is not impaired thereby.
(b) In selling the Class B D shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Program to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundProgram.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundProgram, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Asset Builder Program Inc)
Duties of the Distributor. (a) a. The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the Fund, Shares but shall not be obligated to sell any specific number of sharesShares. 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 hereunder is not impaired thereby.
(b) b. In selling the Class B shares of the FundShares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in financial intermediary having an agreement with the Distributor to offer and sell Shares pursuant to Section 7 hereof, nor any other person is authorized by the Fund Trust to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundTrust.
(c) c. The Distributor shall adopt and follow procedures, as approved by the officers of the FundTrust, for the confirmation of sales to eligible investors and selected dealersfinancial intermediaries, the collection of amounts payable by eligible investors and selected dealers financial intermediaries on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Principal Protected Trust)
Duties of the Distributor. (a) The Distributor shall ------------------------- devote reasonable time and effort to effect sales of Class B shares of the Fund, but shall not be obligated to sell any specific number of shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Trust to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundTrust.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundTrust, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Oregon Municipal Bond Fund of MLMSMST)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B D shares of the Fund, Fund but shall not be obligated to sell any specific number of Class D shares. The 9 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 hereunder is not impaired thereby.
(b) In selling the Class B D shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Fundamental Growth Fund Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B A shares of the Fund, Fund but shall not be obligated to sell any specific number of Class A shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B A shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.National
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Utility Income Fund Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B A shares of the Fund, Fund but shall not be obligated to sell any specific number of Class A shares. The 9 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 hereunder is not impaired thereby.
(b) In selling the Class B A shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Fundamental Growth Fund Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B A shares of the Fund, Fund but shall not be obligated to sell any specific number of Class A shares. The services of the Distributor to the Fund Corporation 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 hereunder is not impaired thereby.
(b) In selling the Class B A shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCorporation.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundCorporation, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Large Cap Series Funds Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B C shares of the Fund, Fund but shall not be obligated to sell any specific number of shares. The services of the Distributor to the Fund hereunder are not to be deemed exclusive exclu sive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies com panies so long as the performance of its obligations hereunder is not impaired thereby.
(b) In selling the Class B C shares of the Fund, the Distributor Distri butor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected se lected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary neces sary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Balanced Fd for Inv & Ret)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B D shares of the Fund, Company but shall not be obligated to sell any specific number of Class D shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B D shares of the FundCompany, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Company to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCompany.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundCompany, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B I shares of the Fund, Fund but shall not be obligated to sell any specific number of Class I shares. The services of the Distributor to the Fund Corporation 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 hereunder is not impaired thereby.
(b) In selling the Class B I shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCorporation.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundCorporation, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Mercury Large Cap Series Funds Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B A shares of the Fund, Fund but shall not be obligated to sell any specific number of Class A shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B A shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.of
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Real Estate Fund Inc)
Duties of the Distributor. (a) In addition to providing services to the Fund under this Agreement (as depicted in Section 1), the Distributor shall seek to retain Member Service Providers (as defined below) and facilitate and assist in the provision of investor services ("Member Services") to Members that are customers of the Member Service Providers (as defined below).
(b) The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the Fund, but shall not be obligated to sell any specific number of sharesits 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 hereunder is not impaired thereby.
(bc) In selling the Class B shares of the Fundperforming its duties hereunder, the Distributor shall use its best efforts in all respects to duly to conform with the requirements of all Federal and state applicable laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(cd) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to investors and selected dealersMember Service Providers (as defined below), the collection of amounts payable by investors and selected dealers Member Service Providers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities DealersFinancial Industry Regulatory Authority, Inc. (the "NASDFINRA"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Old Mutual Absolute Return Institutional Fund, LLC)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the Fund, Fund but shall not be obligated to sell any specific number of shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws and regulations and the regulations of the National Association of Securities Dealers, Inc. (the "NASD") relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundTrust.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundTrust, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Financial Institutions Series Trust)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B A shares of the Fund, Fund but shall not be obligated to sell any specific number of Class A shares. 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 in vestment companies so long as the performance of its obligations hereunder is not impaired thereby.
(b) In selling the Class B A shares of the Fund, the Distributor Distri butor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Fund.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the Fund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Balanced Fd for Inv & Ret)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the FundCompany, but shall not be obligated to sell any specific number of shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B shares of the FundCompany, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Company to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCompany.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundCompany, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Duties of the Distributor. (a) 1. The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the Fund, Shares but shall not be obligated to sell any specific number of sharesShares. The services of the Distributor to the Fund Corporation 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 hereunder is not impaired thereby.
(b) 2. In selling the Class B shares of the FundShares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in financial intermediary having an agreement with the Distributor to offer and sell shares pursuant to Section 7 hereof, nor any other person is authorized by the Fund Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCorporation.
(c) 3. The Distributor shall adopt and follow procedures, as approved by the officers of the FundCorporation, for the confirmation of sales to eligible investors and selected dealersfinancial intermediaries, the collection of amounts payable by eligible investors and selected dealers financial intermediaries on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Mercury Target Select Equity Fund Inc)
Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the Fund, Fund but shall not be obligated to sell any specific number of shares. 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 hereunder is not impaired thereby.
(b) In selling the Class B shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundTrust.
(c) The Distributor shall adopt and follow procedures, as approved by the officers of the FundTrust, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities DealersNASD Regulation, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Retirement Reserves Mo Fu of Mer Lyn Re Ser Tr)
Duties of the Distributor. (a) a. The Distributor shall devote reasonable time and effort to effect sales of each Fund's Class B shares of the Fund, A Shares but shall not be obligated to sell any specific number of sharesa Fund's Class A Shares. The services of the Distributor to the Fund Corporation 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 hereunder is not impaired thereby.
(b) b. In selling the each Fund's Class B shares of the FundA Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Corporation to give any information or to make any representations, other than those contained in the registration Funds'registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCorporation.
(c) c. The Distributor shall adopt and follow procedures, as approved by the officers of the FundCorporation, for the confirmation of sales to investors and selected dealers, the collection of amounts payable by investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Duties of the Distributor. (a) a. The Distributor shall devote reasonable time and effort to effect sales of each Fund's Class B shares of the Fund, I Shares but shall not be obligated to sell any specific number of sharesa Fund's Class I Shares. The services of the Distributor to the Fund Corporation 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 hereunder is not impaired thereby.
(b) b. In selling the each Fund's Class B shares of the FundI Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Fund Corporation to give any information or to make any representations, other than those contained in the Funds' registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCorporation.
(c) c. The Distributor shall adopt and follow procedures, as approved by the officers of the FundCorporation, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Duties of the Distributor. (a) 1. The Distributor shall devote reasonable time and effort to effect sales of Class B shares of the Fund, Shares but shall not be obligated to sell any specific number of sharesShares. The services of the Distributor to the Fund Corporation 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 hereunder is not impaired thereby.
(b) 2. In selling the Class B shares of the FundShares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in financial intermediary having an agreement with the Distributor to offer and sell Shares pursuant to Section 7 hereof, nor any other person is authorized by the Fund Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the FundCorporation.
(c) 3. The Distributor shall adopt and follow procedures, as approved by the officers of the FundCorporation, for the confirmation of sales to eligible investors and selected dealersfinancial intermediaries, the collection of amounts payable by eligible investors and selected dealers financial intermediaries on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.
Appears in 1 contract
Samples: Distribution Agreement (Mercury Qa Equity Series Inc /Nj/)