Common use of Offer and Sale of Shares Clause in Contracts

Offer and Sale of Shares. The offer and sale of Shares is to be effected pursuant to the registration requirements of the 1933 Act. As used in this Agreement, the terms “offer” and “sale” have the meanings specified in Section 2(3) of the 1000 Xxx. The Distributor shall not have any rights or obligations in connection with the offer and sale of Shares contemplated by this Agreement, except as expressly provided in this Agreement. In no event shall the Distributor be obligated to purchase Shares for its own account or for the accounts of its customers.

Appears in 2 contracts

Samples: Distribution Agreement (Morgan Creek Global Equity Long/Short Fund), Distribution Agreement (Morgan Creek Global Equity Long/Short Institutional Fund)

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Offer and Sale of Shares. The offer and sale of Shares is to be effected pursuant to the registration requirements of the Securities Act of 1933, as amended (the “1933 Act”). As used in this Agreement, the terms “offer” and “sale” have the meanings specified in Section 2(3) of the 1000 Xxx. The Distributor shall not have any rights or obligations in connection with the offer and sale of Shares contemplated by this Agreement, except as expressly provided in this Agreement. In no event shall the Distributor be obligated to purchase Shares for its own account or for the accounts of its customers.

Appears in 1 contract

Samples: Distribution Agreement (Morgan Creek Global Equity Long/Short Fund)

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Offer and Sale of Shares. The offer and sale of Shares is to be effected pursuant to the registration requirements of the Securities Act of 1933, as amended (the “1933 Act”). As used in this Agreement, the terms “offer” and “sale” have the meanings specified in Section 2(3) of the 1000 0000 Xxx. The Distributor shall not have any rights or obligations in connection with the offer and sale of Shares contemplated by this Agreement, except as expressly provided in this Agreement. In no event shall the Distributor be obligated to purchase Shares for its own account or for the accounts of its customers.

Appears in 1 contract

Samples: Distribution Agreement (Morgan Creek Global Equity Long/Short Institutional Fund)

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