Excess Sales. If the number or amount of Contract Securities attributable to an Underwriter pursuant to Section 4.1 hereof would exceed such Underwriter’s Original Underwriting Obligation reduced by the number or amount of Underwriters’ Securities sold by or on behalf of such Underwriter, such excess will not be attributed to such Underwriter, and such Underwriter will be regarded as having acted only as a Dealer with respect to, and will receive only the concession to Dealers on, such excess.
Appears in 173 contracts
Samples: Master Agreement, Master Agreement, Master Agreement
Excess Sales. If the number or amount of Contract Securities attributable to an Underwriter pursuant to Section 4.1 hereof would exceed such Underwriter’s 's Original Underwriting Purchase Obligation reduced by the number or amount of Underwriters’ ' Securities sold by or on behalf of such Underwriter, such excess will shall not be attributed to such Underwriter, and such Underwriter will shall be regarded as having acted only as a Dealer with respect to, and will shall receive only the concession to Dealers on, such excess.
Appears in 48 contracts
Samples: Master Agreement (Prospect Street High Income Portfolio Inc), Master Agreement (Nuveen Arizona Dividend Advantage Municipal Fund 3), Master Agreement (Calamos Strategic Total Return Fund)
Excess Sales. If the number or amount of Contract Securities attributable to an Underwriter pursuant to Section 4.1 hereof would exceed such Underwriter’s Original Underwriting Purchase Obligation reduced by the number or amount of Underwriters’ Securities sold by or on behalf of such Underwriter, such excess will shall not be attributed to such Underwriter, and such Underwriter will shall be regarded as having acted only as a Dealer with respect to, and will shall receive only the concession to Dealers on, such excess.
Appears in 14 contracts
Samples: Master Agreement (Nuveen Build America Bond Opportunity Fund), Master Agreement (Nuveen Build America Bond Opportunity Fund), Master Agreement (ClearBridge Energy MLP Fund Inc.)
Excess Sales. If the number or amount of Contract Securities attributable to an Underwriter pursuant to Section 4.1 hereof 4(a) would exceed such Underwriter’s 's Original Underwriting Purchase Obligation reduced by the number or amount of Underwriters’ ' Securities sold by or on behalf of such Underwriter, such excess will shall not be attributed to such Underwriter, and such Underwriter will shall be regarded as having acted only as a Dealer with respect to, and will shall receive only the concession to Dealers on, such excess.
Appears in 6 contracts
Samples: Dividend Capital Realty Income Allocation Fund, Master Agreement (First Trust High Income Long/Short Fund), Master Agreement (RMK Strategic Income Fund Inc)
Excess Sales. If the number or amount of Contract Securities attributable to an Underwriter pursuant to Section 4.1 hereof would exceed such Underwriter’s 's Original Underwriting Obligation reduced by the number or amount of Underwriters’ ' Securities sold by or on behalf of such Underwriter, such excess will not be attributed to such Underwriter, and such Underwriter will be regarded as having acted only as a Dealer with respect to, and will receive only the concession to Dealers on, such excess.
Appears in 4 contracts
Samples: Master Agreement (First Trust Dynamic Europe Equity Income Fund), Master Agreement (First Trust New Opportunities MLP & Energy Fund), Master Agreement (First Trust MLP & Energy Income Fund)
Excess Sales. If the number or amount of Contract Securities attributable to an Underwriter pursuant to Section 4.1 hereof 4(a) would exceed such Underwriter’s Original Underwriting Purchase Obligation reduced by the number or amount of Underwriters’ Securities sold by or on behalf of such Underwriter, such excess will shall not be attributed to such Underwriter, and such Underwriter will shall be regarded as having acted only as a Dealer with respect to, and will shall receive only the concession to Dealers on, such excess.
Appears in 3 contracts
Samples: Master Agreement (Seligman Premium Technology Growth Fund, Inc.), Master Agreement (Dividend Capital Strategic Global Realty Fund), Master Agreement (Western Asset Municipal Defined Opportunity Trust Inc.)
