Duties of the Funds. The Funds shall perform the following functions:
Duties of the Funds. 2.1 Each Fund agrees at its own expense to execute any and all documents, to furnish any and all information and to take any other actions that may be reasonably necessary in connection with the qualification of the Shares for sale in those states that Salomon Brothers may designate.
Duties of the Funds. (a) Each Fund agrees to sell the Shares so long as it has shares available for sale and to deliver certificates for, or cause the Company’s transfer and dividend disbursing agent to issue non-negotiable share deposit receipts evidencing, such shares registered in such names and amounts as the Distributor has requested in writing, as promptly as practicable after receipt by the Fund of the net asset value thereof and written request of the Distributor therefor.
Duties of the Funds. (a) The Sponsor, on behalf of the Trust, agrees that it will take all reasonable action necessary to monitor available Shares registered by each Fund and to register additional Shares of a Fund pursuant to the 1933 Act as may be required from time to time. The Sponsor will make available to the Distributor such number of copies of the Funds’ then currently effective Prospectus and product description as the Distributor may reasonably request. The Sponsor will furnish to the Distributor copies of annual audited reports of each Fund made by independent public accountants regularly retained by the Funds and such other publicly available information that the Distributor may reasonably request for use in connection with the distribution of Baskets. The Sponsor shall keep the Distributor informed of the jurisdictions in which it has filed notice filings for Shares for sale on behalf of each Fund under the securities laws thereof and shall promptly notify the Distributor of any change in this information. The Distributor shall not be liable for damages resulting from the sale of Shares in jurisdictions where the Distributor had no information from the Sponsor that such sale or sales were unauthorized at the time of such sale or sales.
Duties of the Funds. The Funds shall maintain, or cause their distributor to maintain, appropriate agreements with DTCC or NSCC, as may be appropriate, including without limitation, agreements with respect to FUND/Speed, and to pay as they come due all fees and charges associated with such agreements either directly or as passed through on invoices of PFPC. In utilizing its inquiry access to the Web Portal, the Funds shall strictly comply with all Documentation with respect to which PFPC has complied with the terms of Section 3(iii) herein and any specifications contained in such Documentation. The Funds shall communicate with Financial Intermediaries and Shareholders to the extent such is reasonably required for the Services to be performed in accordance with the Documentation. The Funds’ use of inquiry access to the Web Portal shall be conducted in full compliance with any terms of use, restrictions, limitations and indemnities made applicable by AdvisorCentral generally to inquiry users of the Web Portal.
Duties of the Funds. (a) The Sponsor, on behalf of the Trust, agrees that it will take all reasonable action necessary to monitor the number Shares registered by each Fund under the 1933 Act that remain available for sale. The Sponsor will make available to the Distributor such number of copies of the Funds’ then currently effective Prospectus as the Distributor may reasonably request. The Sponsor shall furnish to the Distributor copies of such other information, materials or information that the Distributor may reasonably request to enable it to perform its obligations under this Agreement or for use in connection with the distribution of Baskets.
Duties of the Funds. (a) Each Fund agrees to sell Shares so long as it has Shares available for sale except for such times at which the sale of its Shares has been suspended by order of the Board or by order of the SEC and to deliver certificates (if any) for, or cause the Fund’s transfer and dividend disbursing agent (or such other agent as designated by the Fund) to issue confirmations evidencing, such Shares registered in such names and amounts as the Distributor has requested in writing, as promptly as practicable after receipt by the Fund of payment therefore at the net asset value thereof and written request of the Distributor therefore.
Duties of the Funds. (a) Each Fund upon reasonable notice from the Bank requesting a determination with respect to any trade, is solely responsible to inform the Bank whether such sale of Fund shares are exempt transactions that do not require any blue sky registration or filings. The Bank shall cooperate with each Fund in its reasonable requests for assistance and information required in accomplishing the duties described in this Section 4(a).
Duties of the Funds. Except as provided in Article 7 hereof, each Fund assumes full responsibility for the contents and distribution of its own respective offering document and for complying with all applicable requirements of the 1940 Act, the Internal Revenue Code, and any other laws, rules and regulations of governmental authorities having jurisdiction over the Fund.
Duties of the Funds. Except as provided in Section 7 hereof, the Corporation and each of its portfolios assumes full responsibility for complying with all applicable requirements of the 1940 Act, the Internal Revenue Code, and any other laws, rules and regulations of governmental authorities having jurisdiction over the Funds.
