{"component": "clause", "props": {"groups": [{"size": 239, "snippet_links": [{"key": "class-a-shares", "type": "clause", "offset": [12, 26]}, {"key": "shares-of", "type": "clause", "offset": [43, 52]}, {"key": "category-1", "type": "definition", "offset": [69, 79]}, {"key": "schedule-a", "type": "clause", "offset": [96, 106]}, {"key": "accepted-by", "type": "clause", "offset": [116, 127]}, {"key": "you-are-responsible", "type": "clause", "offset": [145, 164]}], "snippet": "On sales of Class A shares and Class 529-A shares of Funds listed in Category 1 on the attached Schedule A that are accepted by us and for which you are responsible, you will be paid dealer concessions as follows: Less than $25,000 5.00% 5.75% $25,000 but less than $50,000 4.25% 5.00% $50,000 but less than $100,000 3.75% 4.50% $100,000 but less than $250,000 2.75% 3.50% $250,000 but less than $500,000 2.00% 2.50% $500,000 but less than $750,000 1.60% 2.00% $750,000 but less than $1,000,000 1.20% 1.50% $1,000,000 or 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customary at the time for the settlement of transactions in the relevant currency in the place for payment.", "samples": [{"hash": "2oxzG1yuSp5", "uri": "/contracts/2oxzG1yuSp5#funds", "label": "Facility Agreement (TTM Technologies Inc)", "score": 34.4647483826, "published": true}, {"hash": "liXRtXfVLHC", "uri": "/contracts/liXRtXfVLHC#funds", "label": "Finance Agreement", "score": 31.3408622742, "published": true}, {"hash": "fh3pjAVDNkA", "uri": "/contracts/fh3pjAVDNkA#funds", "label": "Facility Agreement (TTM Technologies Inc)", "score": 30.4264202118, "published": true}], "hash": "2a92148ace015b7fc9d2403dd6ef28d8", "id": 2}, {"size": 81, "snippet_links": [{"key": "responsible-for", "type": "clause", "offset": [24, 39]}, {"key": "class-a-shares", "type": "clause", "offset": [49, 63]}, {"key": "certain-entities", "type": "clause", "offset": [137, 153]}, {"key": "fund-prospectuses", "type": "clause", "offset": [171, 188]}, {"key": "defined-contribution", "type": "clause", "offset": 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"id": 10}], "next_curs": "Ck4SSGoVc35sYXdpbnNpZGVyY29udHJhY3RzcioLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ig5mdW5kcyMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"title": "Funds", "size": 3885, "parents": [["payments", "Payments"], ["miscellaneous", "Miscellaneous"], ["representations-and-warranties-of-buyer", "Representations and Warranties of Buyer"], ["the-offer", "The Offer"], ["representations-and-warranties", "Representations and Warranties"]], "children": [["expenditure-of-funds", "Expenditure of Funds"], ["use-of-funds", "Use of Funds"], ["funds-advanced", "Funds Advanced"], ["stacking", "Stacking"], ["transfer-of-funds-to-a-non-municipal-entity", "Transfer of Funds to a Non-Municipal Entity"]], "id": "funds", "related": [["escrow-account", "Escrow Account", "Escrow Account"], ["excess-funds", "Excess Funds", "Excess <strong>Funds</strong>"], ["client-funds", "CLIENT FUNDS", "CLIENT <strong>FUNDS</strong>"], ["match-funds", "Match Funds", "Match <strong>Funds</strong>"], ["surplus-funds", "Surplus Funds", "Surplus <strong>Funds</strong>"]], "related_snippets": [], "updated": "2026-05-02T06:01:41+00:00", "also_ask": ["What are the essential components to include in a Funds clause to ensure clarity and enforceability?", "How can the Funds clause be strategically negotiated to protect against funding shortfalls or misuse?", "What are the most common risks or fatal flaws in Funds clauses that could undermine a party\u2019s position?", "How do Funds clauses in this agreement compare to industry standards or similar contracts?", "What factors do courts consider when determining the enforceability of a Funds clause in disputes?"], "drafting_tip": "Specify the source and permitted uses of funds to prevent misuse; define reporting obligations to ensure transparency; set timelines for disbursement to avoid delays.", "explanation": "The 'Funds' clause defines the obligations and procedures related to the provision, transfer, or management of monetary resources under an agreement. Typically, it specifies how and when payments are to be made, the acceptable forms of payment, and any conditions or restrictions on the use of funds. For example, it may require that funds be deposited into a designated account or used solely for agreed purposes. This clause ensures that financial transactions are handled transparently and according to agreed terms, thereby reducing the risk of disputes over payments or misuse of funds."}, "json": true, "cursor": ""}}