Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I Shares but shall not be obligated to sell any specific number of Class I Shares. The services of the Distributor to the 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 I 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 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 Corporation. c. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, 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 8 contracts
Samples: Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc)
Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I A Shares but shall not be obligated to sell any specific number of Class I A Shares. The services of the Distributor to the 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 I A 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 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 Corporation.
c. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, 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 8 contracts
Samples: Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc)
Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I C Shares but shall not be obligated to sell any specific number of Class I C Shares. The services of the Distributor to the 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 I C 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 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 Corporation.
c. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, 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 7 contracts
Samples: Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc)
Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I B Shares but shall not be obligated to sell any specific number of Class I B Shares. The services of the Distributor to the 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 I B 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 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 Corporation.
c. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, 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 6 contracts
Samples: Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc)
Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I D Shares but shall not be obligated to sell any specific number of Class I D Shares. The services of the Distributor to the Corporation 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 I D 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 Corporation 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 CorporationFund.
c. The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, 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 Global Financial Services Fund Inc), Distribution Agreement (Merrill Lynch Global Financial Services Fund Inc)
Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I C Shares but shall not be obligated to sell any specific number of Class I C Shares. The services of the Distributor to the Corporation 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 I C 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 Corporation 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 CorporationFund.
c. The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, 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 Global Financial Services Fund Inc), Distribution Agreement (Merrill Lynch Global Financial Services Fund Inc)
Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I B Shares but shall not be obligated to sell any specific number of Class I B Shares. The services of the Distributor to the Corporation 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 I B 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 Corporation 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 CorporationFund.
c. The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, 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 Global Financial Services Fund Inc), Distribution Agreement (Merrill Lynch Global Financial Services Fund Inc)
Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I B Shares but shall not be obligated to sell any specific number of Class I B Shares. The services of the Distributor to the 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 I B 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 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 Corporation.
c. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, 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 Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc)
Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares B shares of the Fund, but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation 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. (b) In selling the Class I SharesB 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, dealer nor any other person is authorized by Corporation 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 CorporationFund.
c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, 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 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.Association
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Global Allocation Fund Inc)
Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares shares of the Fund, but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation 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. (b) In selling the Class I Sharesshares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with 8 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 Corporation 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 CorporationFund.
c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, 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 Strategic Dividend Fund)
Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I A Shares but shall not be obligated to sell any specific number of Class I A Shares. The services of the Distributor to the Corporation 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 I A 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 Corporation 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 CorporationFund.
c. The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, 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 Global Financial Services Fund Inc)
Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares of the Fund, but shall not be obligated to sell any specific number of Class I Shares. The services of the Distributor to the Corporation 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. (b) In selling the Class I SharesShares 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 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 Corporation 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 CorporationFund.
c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, 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
Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I A Shares but shall not be obligated to sell any specific number of Class I A Shares. The services of the Distributor to the Corporation 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 I A 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 Corporation 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 CorporationFund.
c. The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, 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 6 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 Financial Services Fund Inc)
Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I C Shares but shall not be obligated to sell any specific number of Class I C Shares. The services of the Distributor to the 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 I C 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 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 Corporation.
c. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, 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 Asset Management Funds Inc)