Common use of Exclusive Distributor Clause in Contracts

Exclusive Distributor. The Fund hereby agrees that Seligman Financial Sexxxxxx xhall be for the period of this Agreement exclusive agent for distribution within the United States and its territories, and Seligman Financial Sexxxxxx xgrees to use its best efforts during such period to effect such distribution of shares of Capital Stock ("Shares") of the Fund; PROVIDED, HOWEVER, that nothing herein shall prevent the Fund, if it so elects, from selling or otherwise distributing its Shares directly to any persons other than dealers. The Fund understands that Seligman Financial Services axxx xxxx as agent for distribution of the shares of capital stock or beneficial interest of other open-end investment companies which have entered into management agreements with J. & W. Seligman & Co. Incorporated (xxx "Xxxxger").

Appears in 3 contracts

Samples: Distributing Agreement (Seligman High Income Fund Series), Distributing Agreement (Seligman Income Fund Inc), Distributing Agreement (Seligman Communications & Information Fund Inc)

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Exclusive Distributor. The Fund hereby agrees that Seligman Financial Sexxxxxx xhall be for the Advisors shall bx xxx xxe period of this Agreement exclusive agent for distribution within the United States and its territories, and Seligman Financial Sexxxxxx xgrees Advisors agrees to use its usx xts best efforts during such period to effect such distribution distribution, of shares of Capital Stock capital stock ("Shares") of the Fund; PROVIDEDprovided, HOWEVERhowever, that nothing herein shall prevent the Fund, if it so elects, from selling or otherwise distributing its Shares directly to any persons other than dealers. The Fund understands that Seligman Financial Services axxx xxxx Advisors also acts as agent for xxxxx xor distribution of the shares of capital stock or beneficial interest interests of other certain open-end investment companies which have entered into management agreements with J. & W. Seligman & Co. Incorporated (xxx "Xxxxger").Co.

Appears in 1 contract

Samples: Distributing Agreement (Seligman New Technologies Fund Inc)

Exclusive Distributor. The Fund hereby agrees that Seligman Financial Sexxxxxx xhall be Advisors shxxx xx for the period of this Agreement exclusive agent for distribution within the United States and its territories, and Seligman Financial Sexxxxxx xgrees to Advisors agxxxx xx use its best efforts during such period to effect such distribution of shares of Capital Stock ("Shares") of the Fund; PROVIDEDprovided, HOWEVERhowever, that nothing herein shall prevent the Fund, if it so elects, from selling or otherwise distributing its Shares directly to any persons other than dealers. The Fund understands that Seligman Financial Services axxx Advisors alsx xxxx as xs agent for distribution of the shares of capital stock or beneficial interest of other open-end investment companies which have entered into management agreements with J. & W. Seligman & Co. Incorporated Incxxxxxxxxx (xxx the "XxxxgerManager").

Appears in 1 contract

Samples: Distributing Agreement (Seligman Tax Aware Fund Inc)

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Exclusive Distributor. The Fund hereby agrees that Seligman Financial Sexxxxxx xhall Advisors shall be for the period of this Agreement exclusive agent excxxxxxx xgent for distribution within the United States and its territories, and Seligman Financial Sexxxxxx xgrees Advisors agrees to use its best efforts during such period to pexxxx xx effect such distribution of shares of Capital Stock ("Shares") of the Fund; PROVIDEDprovided, HOWEVERhowever, that nothing herein shall prevent the Fund, if it so elects, from selling or otherwise distributing its Shares directly to any persons other than dealers. The Fund understands that Seligman Financial Services axxx xxxx Advisors also acts as agent for distribution of the shares of shxxxx xx capital stock or beneficial interest of other open-end investment companies which have entered into management agreements with J. & W. Seligman & Co. Incorporated (xxx the "XxxxgerManager").

Appears in 1 contract

Samples: Distributing Agreement (Seligman Investment Grade Fixed Income Fund Inc)

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