Common use of MAINTENANCE OF "BLUE SKY Clause in Contracts

MAINTENANCE OF "BLUE SKY. QUALIFICATIONS. The Fund shall, at its expense, use its best efforts to qualify and maintain the qualification of an appropriate number of Shares for sale under the securities laws of such states as the Distributor and the Fund may approve, and, if necessary or appropriate in connection therewith, to qualify and maintain the qualification of the Fund or the series as a broker or dealer in such states; provided that the Fund shall not be required to amend its Articles of Incorporation or By-Laws to comply with the laws of any state, to maintain an office in any state, to change the terms of the offering of the Shares in any state from the terms set forth in the Prospectuses, to qualify as a foreign Fund in any state or to consent to service of process in any state other than with respect to claims arising out of the offering and sale of the Shares. The Distributor shall furnish such information and other material relating to its affairs and activities as may be reasonably required by the Fund or its series in connection with such qualifications.

MAINTENANCE OF "BLUE SKY. QUALIFICATIONS. The Fund Company shall, at its expense, use its best efforts to qualify and maintain the qualification of an appropriate number of Shares for sale under the securities laws of such states as the Distributor and the Fund Company may approve, and, if necessary or appropriate in connection therewith, to qualify and maintain the qualification of the Fund or the series Company as a broker or dealer in such states; provided that the Fund Company shall not be required to amend its Articles of Incorporation or By-Laws to comply with the laws of any state, to maintain an office in any state, to change the terms of the offering of the Shares in any state from the terms set forth in the Prospectusesprospectus of the relevant Fund, to qualify as a foreign Fund corporation in any state or to consent to service of process in any state other than with respect to claims arising out of the offering and sale of the Shares. The Distributor shall furnish such information and other material relating to its affairs and activities as may be reasonably required by the Fund or its series Company in connection with such qualifications.