Payment of Expenses and Fees. CISI will advance expenses incident to the performance of the obligations of the Managing Owner and the Trust hereunder, including: (i) the printing and delivery to the Lead Selling Agent in quantities as hereinabove stated of copies of the Registration Statement and all amendments thereto, of the Prospectus and any supplements or amendments thereto, and of any supplemental sales materials; (ii) the reproduction of this Agreement and the printing and filing of the Registration Statement and the Prospectus (and, in certain cases, the exhibits thereto) with the SEC, CFTC and NFA; (iii) the qualification of the Units under the securities or "Blue Sky" laws in the various jurisdictions, including filing fees and the fees and disbursements of CISI's counsel incurred in connection therewith; (iv) the services of counsel and accountants for CISI and the Trust, including certain services of KPMG Peat Marwick, LLP in connection with their review of the performance records in the Prospectus; (v) the printing or reproduction and delivery to the Lead Selling Agent of such number of copies as it may reasonably request of the Blue Sky Survey; and (vi) "road show" presentations (not including the expenses of JWH and its personnel which shall be borne by JWH). The Managing Owner and the Lead Selling Agent are each aware of the limitations imposed by Rule 2810 of the NASD on the aggregate compensation which may be received by the Lead Selling Agent in connection with the offering and sale of the Units. The Lead Selling Agent will in no event make any payments to its own Registered Representatives or any Additional Agent as described above, which, when added to the up to 4% selling commissions which the Lead Selling Agent may pay with respect to the sales of Units, would exceed 10% of the gross proceeds of the Units sold to the public. CISI shall not reimburse the Lead Selling Agent for any due diligence expenses in connection with the offering.
Appears in 2 contracts
Samples: Selling Agreement (JWH Global Trust), Selling Agreement (JWH Global Trust)
Payment of Expenses and Fees. CISI The General Partner will advance pay all expenses incident to the performance of the obligations of the Managing Owner General Partner and the Trust Partnership hereunder, including: (i) the printing and delivery to the Lead Additional Selling Agent in quantities as hereinabove stated of copies of the Registration Statement and all amendments thereto, of the Prospectus and any supplements or amendments thereto, and of any supplemental sales materialsPromotional Materials; (ii) the reproduction of this Agreement and the printing and filing of the Registration Statement and the Prospectus (and, in certain cases, the exhibits thereto) with the SEC, CFTC SEC and NFA; (iii) the filing fees payable to the SEC and the NASD; (iv) the qualification of the Units under the securities or "Blue Sky" laws in the various jurisdictions, including filing fees and the fees and disbursements of CISIthe General Partner's counsel incurred in connection therewith; and (ivv) the services of counsel Mayer, Brown, Xxxx & Maw LLP and accountants for CISI the General Partner and the Trust, including certain services of KPMG Peat Marwick, LLP in connection with their review of the performance records in the Prospectus; (v) the printing or reproduction and delivery to the Lead Selling Agent of such number of copies as it may reasonably request of the Blue Sky Survey; and (vi) "road show" presentations (not including the expenses of JWH and its personnel which shall be borne by JWH)Partnership. The Managing Owner General Partner and the Lead Additional Selling Agent are each aware of the limitations imposed by Rule 2810 of the NASD Conduct Rules on the aggregate compensation which may be received by the Lead Additional Selling Agent in connection with the offering and sale of the Units. The Lead Additional Selling Agent will in no event make accept any payments to its own Registered Representatives or any Additional Agent as described above, from the General Partner which, when added to the up to 4% upfront selling commissions (not including ongoing trailing commissions) which the Lead Additional Selling Agent may pay with respect to receives on each sale of a Unit by the sales of UnitsAdditional Selling Agent, would exceed 10% of the gross proceeds of the Units sold to the public. CISI shall not reimburse public by the Lead Additional Selling Agent for any due diligence expenses in connection with the offeringAgent.
Appears in 1 contract
Samples: Selling Agreement (S&p Managed Futures Index Fund Lp)
Payment of Expenses and Fees. CISI The General Partner will advance pay all expenses incident to the performance of the obligations of the Managing Owner General Partner and the Trust Partnership hereunder, including: (i) the printing and delivery to the Lead Selling Agent in quantities as hereinabove stated of copies of the Registration Statement and all amendments thereto, of the Prospectus and any supplements or amendments thereto, and of any supplemental sales materialsPromotional Material; (ii) the reproduction of this Agreement and the printing and filing of the Registration Statement and the Prospectus (and, in certain cases, the exhibits thereto) with the SEC, CFTC SEC and NFA; (iii) the filing fees payable to the SEC and the NASD; (iv) the qualification of the Units under the securities or "Blue Sky" laws in the various jurisdictions, including filing fees and the fees and disbursements of CISIthe General Partner's counsel incurred in connection therewith; and (ivv) the services of counsel Mayer, Brown, Xxxx & Maw LLP and accountants for CISI the General Partner and the Trust, including certain services of KPMG Peat Marwick, LLP in connection with their review of the performance records in the Prospectus; (v) the printing or reproduction and delivery to the Lead Selling Agent of such number of copies as it may reasonably request of the Blue Sky Survey; and (vi) "road show" presentations (not including the expenses of JWH and its personnel which shall be borne by JWH)Partnership. The Managing Owner General Partner and the Lead Selling Agent are each aware of the limitations imposed by Rule 2810 of the NASD Conduct Rules on the aggregate compensation which may be received by the Lead Selling Agent in connection with the offering and sale of the Units. The Lead Selling Agent will in no event make accept any payments to its own Registered Representatives or any Additional Agent as described above, from the General Partner which, when added to the up to 4% upfront selling commissions which the Lead Selling Agent may pay (not including ongoing servicing fees paid with respect to Qualified Registered Representatives) which the sales Selling Agent receives on each sale of Unitsa Class A Unit by the Selling Agent, would exceed 10% of the gross proceeds of the Class A Units sold to the public. CISI shall not reimburse public by the Lead Selling Agent for any due diligence expenses in connection with the offeringAgent.
Appears in 1 contract
Samples: Selling Agreement (S&p Managed Futures Index Fund Lp)
Payment of Expenses and Fees. CISI The General Partner will advance pay all expenses incident to the performance of the obligations of the Managing Owner General Partner and the Trust Fund hereunder, including: (i) the printing and delivery to the Lead Additional Selling Agent in quantities as hereinabove stated of copies of the Registration Statement and all amendments thereto, of the Prospectus and any supplements or amendments thereto, and of any supplemental sales materialsPromotional Material; (ii) the reproduction of this Agreement and the printing and filing of the Registration Statement and the Prospectus (and, in certain cases, the exhibits thereto) with the SEC, CFTC SEC and NFA; (iii) the payment of filing fees to the SEC and the NASD; (iv) the qualification of the Units under the securities or "Blue Sky" laws in the various jurisdictions, including the payment of filing fees and the fees and disbursements of CISIthe General Partner's counsel incurred in connection therewith; and (ivv) the services of counsel Katten Muchin Zavis Rosenman and accountants for CISI the General Partner xxx xxx Xxxx. Xxx Xxxxral Partner and the Trust, including certain services of KPMG Peat Marwick, LLP in connection with their review of the performance records in the Prospectus; (v) the printing or reproduction and delivery to the Lead Selling Agent of such number of copies as it may reasonably request of the Blue Sky Survey; and (vi) "road show" presentations (not including the expenses of JWH and its personnel which shall be borne by JWH). The Managing Owner and the Lead Additional Selling Agent are each aware of the limitations imposed by Rule 2810 of the NASD Conduct Rules on the aggregate compensation which that may be received by the Lead Additional Selling Agent in connection with the offering and sale of the Units. The Lead General Partner acknowledges and agrees that it will not make, and the Additional Selling Agent acknowledges and agrees that it will in no event make accept, any payments to its own Registered Representatives or any Additional Agent as described above, from the General Partner which, when added to the up to 4% selling upfront sales commissions which (not including ongoing trailing commissions) that the Lead Additional Selling Agent may pay with respect to the sales receives on each sale of Unitsa Unit, would exceed 10% of the gross proceeds of the Units sold to the public. CISI shall not reimburse the Lead Selling Agent for any due diligence expenses in connection with the offering.
Appears in 1 contract
Payment of Expenses and Fees. CISI The Managing Owner will advance pay all expenses incident to the performance of the obligations of the Managing Owner and the Trust hereunder, including: (i) the printing and delivery to the Lead Selling Agent in quantities as hereinabove stated of copies of the Registration Statement and all amendments thereto, of the Prospectus and any supplements or amendments thereto, and of any supplemental sales materials; (ii) the reproduction of this Agreement and the printing and filing of the Registration Statement and the Prospectus (and, in certain cases, the exhibits thereto) with the SEC, CFTC and NFA; (iii) the filing fees payable to the SEC and the NASD; (iv) the qualification of the Units under the securities or "Blue Sky" laws in the various jurisdictions, including filing fees and the fees and disbursements of CISIthe Managing Owner's counsel incurred in connection therewith; and (ivv) the services of counsel Sidley Austin Brown & Wood LLP and accountants for CISI the Managing Owner and xxx Xxxxx. The Xxxaging Owner will be reimbursed by the Trust for the foregoing expenses advanced by it on behalf of the Trust, including certain services of KPMG Peat Marwick, LLP in connection with their review of the performance records as described in the Prospectus; (v) the printing or reproduction and delivery to the Lead Selling Agent of such number of copies as it may reasonably request of the Blue Sky Survey; and (vi) "road show" presentations (not including the expenses of JWH and its personnel which shall be borne by JWH). The Managing Owner and the Lead Selling Agent are each aware of the limitations imposed by Rule 2810 Appendix F of the NASD Rules of Fair Practice on the aggregate compensation which may be received by the Lead Selling Agent in connection with the offering and sale of the Units. The Lead Selling Agent will in no event make accept any payments to its own Registered Representatives or any Additional Agent as described above, from the Managing Owner which, when added to the up to 4% selling commissions (not including ongoing compensation) which the Lead Selling Agent may pay with respect to the sales receives on each sale of Unitsa Unit, would exceed 10% of the gross proceeds of the Units sold to the public. CISI shall not reimburse public based upon reports provided by the Lead Selling Agent for any due diligence expenses in connection with the offeringManaging Owner.
Appears in 1 contract
Payment of Expenses and Fees. CISI The Managing Owner will advance pay all expenses incident to the performance of the obligations of the Managing Owner and the Trust hereunder, including: (i) the printing and delivery to the Lead Selling Agent in quantities as hereinabove stated of copies of the Registration Statement and all amendments thereto, of the Prospectus and any supplements or amendments thereto, and of any supplemental sales materials; (ii) the reproduction of this Agreement and the printing and filing of the Registration Statement and the Prospectus (and, in certain cases, the exhibits thereto) with the SEC, CFTC and NFA; (iii) the filing fees payable to the SEC and the NASD; (iv) the qualification of the Units under the securities or "“Blue Sky" ” laws in the various jurisdictions, including filing fees and the fees and disbursements of CISI's the Managing Owner’s counsel incurred in connection therewith; and (ivv) the services of counsel Sidley Xxxxxx Xxxxx & Xxxx LLP and accountants for CISI the Managing Owner and the Trust, including certain services of KPMG Peat Marwick, LLP in connection with their review . The Managing Owner will be reimbursed by the Trust for the foregoing expenses advanced by it on behalf of the performance records Trust, as described in the Prospectus; (v) the printing or reproduction and delivery to the Lead Selling Agent of such number of copies as it may reasonably request of the Blue Sky Survey; and (vi) "road show" presentations (not including the expenses of JWH and its personnel which shall be borne by JWH). The Managing Owner and the Lead Selling Agent are each aware of the limitations imposed by Rule 2810 Appendix F of the NASD Rules of Fair Practice on the aggregate compensation which may be received by the Lead Selling Agent in connection with the offering and sale of the Units. The Lead Selling Agent will in no event make accept any payments to its own Registered Representatives or any Additional Agent as described above, from the Managing Owner which, when added to the up to 4% selling commissions (not including ongoing compensation) which the Lead Selling Agent may pay with respect to the sales receives on each sale of Unitsa Unit, would exceed 10% of the gross proceeds of the Units sold to the public. CISI shall not reimburse public based upon reports provided by the Lead Selling Agent for any due diligence expenses in connection with the offeringManaging Owner.
Appears in 1 contract
Samples: Selling Agreement (WMT III Series G/J Trading Vehicle LLC)
Payment of Expenses and Fees. CISI The Managing Owner will advance pay all expenses incident to the performance of the obligations of the Managing Owner and the Trust hereunder, including: (i) the printing and delivery to the Lead Selling Agent in quantities as hereinabove stated of copies of the Registration Statement and all amendments thereto, of the Prospectus and any supplements or amendments thereto, and of any supplemental sales materials; (ii) the reproduction of this Agreement and the printing and filing of the Registration Statement and the Prospectus (and, in certain cases, the exhibits thereto) with the SEC, CFTC and NFA; (iii) the filing fees payable to the SEC and the NASD; (iv) the qualification of the Units under the securities or "Blue Sky" laws in the various jurisdictions, including filing fees and the fees and disbursements of CISIthe Managing Owner's counsel incurred in connection therewith; and (ivv) the services of counsel Sidley Austin Brown & Wood LLP and accountants for CISI the Managing Owner and xxx Xxxxx. Xhe Xxxxging Owner will be reimbursed by the Trust for the foregoing expenses advanced by it on behalf of the Trust, including certain services of KPMG Peat Marwick, LLP in connection with their review of the performance records as described in the Prospectus; (v) the printing or reproduction and delivery to the Lead Selling Agent of such number of copies as it may reasonably request of the Blue Sky Survey; and (vi) "road show" presentations (not including the expenses of JWH and its personnel which shall be borne by JWH). The Managing Owner and the Lead Selling Agent are each aware of the limitations imposed by Rule 2810 Appendix F of the NASD Rules of Fair Practice on the aggregate compensation which may be received by the Lead Selling Agent in connection with the offering and sale of the Units. The Lead Selling Agent will in no event make accept any payments to its own Registered Representatives or any Additional Agent as described above, from the Managing Owner which, when added to the up to 4% selling commissions (not including ongoing compensation) which the Lead Selling Agent may pay with respect to the sales receives on each sale of Unitsa Unit, would exceed 10% of the gross proceeds of the Units sold to the public. CISI shall not reimburse public based upon reports provided by the Lead Selling Agent for any due diligence expenses in connection with the offeringManaging Owner.
Appears in 1 contract
Payment of Expenses and Fees. CISI The General Partner will advance pay all expenses incident to the performance of the obligations of the Managing Owner General Partner and the Trust Partnership hereunder, including: (i) the printing and delivery to the Lead Selling Agent in quantities as hereinabove stated of copies of the Registration Statement and all amendments thereto, of the Prospectus and any supplements or amendments thereto, and of any supplemental sales materialsPromotional Material; (ii) the reproduction of this Agreement and the printing and filing of the Registration Statement and the Prospectus (and, in certain cases, the exhibits thereto) with the SEC, CFTC SEC and NFA; (iii) the filing fees payable to the SEC and the NASD; (iv) the qualification of the Units under the securities or "“Blue Sky" ” laws in the various jurisdictions, including filing fees and the fees and disbursements of CISI's the General Partner’s counsel incurred in connection therewith; and (ivv) the services of counsel Xxxxxx & Bird LLP and accountants for CISI the General Partner and the Trust, including certain services of KPMG Peat Marwick, LLP in connection with their review of the performance records in the Prospectus; (v) the printing or reproduction and delivery to the Lead Selling Agent of such number of copies as it may reasonably request of the Blue Sky Survey; and (vi) "road show" presentations (not including the expenses of JWH and its personnel which shall be borne by JWH)Partnership. The Managing Owner General Partner and the Lead Selling Agent are each aware of the limitations imposed by Rule 2810 of the NASD Conduct Rules on the aggregate compensation which may be received by the Lead Selling Agent in connection with the offering and sale of the Units. The Lead Selling Agent will in no event make accept any payments to its own Registered Representatives or any Additional Agent as described above, from the General Partner which, when added to the up to 4% selling commissions which the Lead Selling Agent may pay initial service fees (not including ongoing service fees paid with respect to Qualified Registered Representatives) which the sales Selling Agent receives on each sale of Unitsa Class 1 Unit by the Selling Agent, would exceed 10% of the gross proceeds of the Class 1 Units sold to the public. CISI shall not reimburse public by the Lead Selling Agent for any due diligence expenses in connection with the offeringAgent.
Appears in 1 contract
Samples: Selling Agreement (S&p Managed Futures Index Fund Lp)
Payment of Expenses and Fees. CISI The Managing Owner will advance pay all expenses incident to the performance of the obligations of the Managing Owner and the Trust hereunder, including: (i) the printing and delivery to the Lead Selling Agent Agent, for delivery to the Correspondent Selling Agent, in quantities as hereinabove stated of copies of the Registration Statement and all amendments thereto, of the Prospectus and any supplements or amendments thereto, and of any supplemental sales materials; (ii) the reproduction of this Agreement and the printing and filing of the Registration Statement and the Prospectus (and, in certain cases, the exhibits thereto) with the SEC, CFTC and NFA; (iii) the filing fees payable to the SEC and the NASD; (iv) the qualification of the Units under the securities or "Blue Sky" laws in the various jurisdictions, including filing fees and the fees and disbursements of CISIthe Managing Owner's counsel incurred in connection therewith; and (ivv) the services of counsel Sidley Austin Brown & Wood LLP and accountants for CISI the Managing Owner and the Trust, including certain services of KPMG Peat Marwick, LLP in connection with their review of the performance records in the Prospectus; (v) the printing or reproduction and delivery to the Lead Selling Agent of such number of copies as it may reasonably request of the Blue Sky Survey; and (vi) "road show" presentations (not including the expenses of JWH and its personnel which shall be borne by JWH)xxx Xxxxx. The Managing Owner Owner, the Selling Agent and the Lead Correspondent Selling Agent are each aware of the limitations imposed by NASD Conduct Rule 2810 of the NASD on the aggregate compensation which may be received by the Lead Selling Agent selling agents in connection with the offering and sale of the Units. The Lead Neither the Selling Agent nor the Correspondent Selling Agent will in no any event make accept any payments to its own Registered Representatives or any Additional Agent as described above, from the Managing Owner which, when added to the up to 4% selling commissions (not including ongoing compensation) which the Lead Selling Agent may pay with respect to will receive on each sale of a Unit by the sales of UnitsCorrespondent Selling Agent, would exceed 10% of the gross proceeds of the Units sold to the public. CISI shall not reimburse public by the Lead Correspondent Selling Agent for any due diligence expenses in connection with the offeringAgent.
Appears in 1 contract
Payment of Expenses and Fees. CISI The General Partner will advance pay all expenses incident to the performance of the obligations of the Managing Owner General Partner and the Trust Fund hereunder, including: (i) the printing and delivery to the Lead Selling Agent in quantities as hereinabove stated of copies of the Registration Statement and all amendments thereto, of the Prospectus and any supplements or amendments thereto, and of any supplemental sales materials; (ii) the reproduction of this Agreement and the printing and filing of the Registration Statement and the Prospectus (and, in certain cases, the exhibits thereto) with the SEC, CFTC and NFA; (iii) the qualification of the Units under the securities or "Blue Sky" laws in the various jurisdictions, including filing fees and the fees and disbursements of CISIthe General Partner's counsel incurred in connection therewith; (iv) the services of counsel and accountants for CISI the General Partner and the TrustFund, including certain services of KPMG Peat MarwickArthxx X. Xxxx, LLP Xx. & Xssociates, L.L.C. in connection with their review of the performance records in the Prospectus; (v) the printing or reproduction and delivery to the Lead Selling Agent of such number of copies as it may reasonably request of the Blue Sky Survey; and (vi) "road show" presentations (not including the expenses of JWH the Trading Advisor and its their personnel which shall be borne by JWHthe Trading Advisor). The Managing Owner General Partner and the Lead Selling Agent are each aware of the limitations imposed by Rule 2810 of the NASD on the aggregate compensation selling commissions which may be received by the Lead Selling Agent in connection with the offering and sale of the Units. The Lead Selling Agent General Partner will in no event make any payments deemed by the NASD to constitute underwriting compensation to the Selling Agent nor shall the Selling Agent make any such payments to its own Registered Representatives or any Additional Agent Selling Agents as described above, which, when added to the up to 4% selling commissions which the Lead Selling Agent may pay with respect to the sales of Units, would exceed 109.9% of the gross proceeds of the Units sold to the public. CISI The General Partner shall not reimburse the Lead Selling Agent for any due diligence expenses in connection with the offering.
Appears in 1 contract
Samples: Selling Agreement (Profutures Long/Short Growth Fund Lp)
Payment of Expenses and Fees. CISI The General Partner will advance pay all expenses incident to the performance of the obligations of the Managing Owner General Partner and the Trust Partnership hereunder, including: (i) the printing and delivery to the Lead Additional Selling Agent in quantities as hereinabove stated of copies of the Registration Statement and all amendments thereto, of the Prospectus and any supplements or amendments thereto, and of any supplemental sales materialsPromotional Materials; (ii) the reproduction of this Agreement and the printing and filing of the Registration Statement and the Prospectus (and, in certain cases, the exhibits thereto) with the SEC, CFTC SEC and NFA; (iii) the filing fees payable to the SEC and the NASD; (iv) the qualification of the Units under the securities or "Blue Sky" laws in the various jurisdictions, including filing fees and the fees and disbursements of CISIthe General Partner's counsel incurred in connection therewith; and (ivv) the services of counsel Mayer, Brown, Xxxx & Maw LLP and accountants for CISI the General Partner and the Trust, including certain services of KPMG Peat Marwick, LLP in connection with their review of the performance records in the Prospectus; (v) the printing or reproduction and delivery to the Lead Selling Agent of such number of copies as it may reasonably request of the Blue Sky Survey; and (vi) "road show" presentations (not including the expenses of JWH and its personnel which shall be borne by JWH)Partnership. The Managing Owner General Partner and the Lead Additional Selling Agent are each aware of the limitations imposed by Rule 2810 of the NASD Conduct Rules on the aggregate compensation which may be received by the Lead Additional Selling Agent in connection with the offering and sale of the Units. The Lead Additional Selling Agent will in no event make accept any payments to its own Registered Representatives or any Additional Agent as described above, from the General Partner which, when added to the up to 4% upfront selling commissions which the Lead Selling Agent may pay (not including ongoing servicing fees paid with respect to Qualified Registered Representatives) which the sales Additional Selling Agent receives on each sale of Unitsa Class A Unit by the Additional Selling Agent, would exceed 10% of the gross proceeds of the Class A Units sold to the public. CISI shall not reimburse public by the Lead Additional Selling Agent for any due diligence expenses in connection with the offeringAgent.
Appears in 1 contract
Samples: Selling Agreement (S&p Managed Futures Index Fund Lp)
Payment of Expenses and Fees. CISI will advance expenses incident to the performance of the obligations of the Managing Owner and the Trust hereunder, including: (i) the printing and delivery to the Lead Selling Agent in quantities as hereinabove stated of copies of the Registration Statement and all amendments thereto, of the Prospectus and any supplements or amendments thereto, and of any supplemental sales materials; (ii) the reproduction of this Agreement and the printing and filing of the Registration Statement and the Prospectus (and, in certain cases, the exhibits thereto) with the SEC, CFTC and NFA; (iii) the qualification of the Units under the securities or "Blue Sky" laws in the various jurisdictions, including filing fees and the fees and disbursements of CISI's counsel incurred in connection therewith; (iv) the services of counsel and accountants for CISI and the Trust, including certain services of KPMG Peat Marwick, LLP in connection with their review of the performance records in the Prospectus; (v) the printing or reproduction and delivery to the Lead Selling Agent of such number of copies as it may reasonably request of the Blue Sky Survey; and (vi) "road show" presentations (not including the expenses of JWH and its personnel which shall be borne by JWH). The Managing Owner and the Lead Selling Agent are each aware of the limitations imposed by Rule 2810 of the NASD on the aggregate compensation which may be received by the Lead Selling Agent in connection with the offering and sale of the Units. The Lead Selling Agent will in no event make any payments to its own Registered Representatives or any Additional Agent as described above, which, when added to the up to 4% selling commissions which the Lead Selling Agent may pay with respect to the sales of Units, would exceed 10% of the gross proceeds of the Units sold to the public. CISI shall not reimburse the Lead Selling Agent for any due diligence expenses in connection with the offering.
Appears in 1 contract
Payment of Expenses and Fees. CISI The General Partner will advance pay all expenses incident to the performance of the obligations of the Managing Owner General Partner and the Trust Fund hereunder, including: (i) the printing and delivery to the Lead Selling Agent in quantities as hereinabove stated of copies of the Registration Statement and all amendments thereto, of the Prospectus and any supplements or amendments thereto, and of any supplemental sales materials; (ii) the reproduction of this Agreement and the printing and filing of the Registration Statement and the Prospectus (and, in certain cases, the exhibits thereto) with the SEC, CFTC and NFA; (iii) the qualification of the Units under the securities or "Blue Sky" laws in the various jurisdictions, including filing fees and the fees and disbursements of CISIthe General Partner's counsel incurred in connection therewith; (iv) the services of counsel and accountants for CISI the General Partner and the TrustFund, including certain services of KPMG Peat MarwickXxxxxx X. Xxxx, LLP Xx. & Associates, L.L.C. in connection with their review of the performance records in the Prospectus; (v) the printing or reproduction and delivery to the Lead Selling Agent of such number of copies as it may reasonably request of the Blue Sky Survey; and (vi) "road show" presentations (not including the expenses of JWH the Trading Advisor and its their personnel which shall be borne by JWHthe Trading Advisor). The Managing Owner General Partner and the Lead Selling Agent are each aware of the limitations imposed by Rule 2810 of the NASD on the aggregate compensation selling commissions which may be received by the Lead Selling Agent in connection with the offering and sale of the Units. The Lead Selling Agent General Partner will in no event make any payments to the Selling Agent nor shall the Selling Agent make any payments to its own Registered Representatives or any Additional Agent Selling Agents as described above, which, when added to the up to 4% selling commissions which the Lead Selling Agent may pay with respect to the sales of Units, would exceed 109.5% of the gross proceeds of the Units sold to the public. CISI The General Partner shall not reimburse the Lead Selling Agent for any due diligence expenses in connection with the offering.
Appears in 1 contract
Samples: Selling Agreement (Profutures Bull & Bear Fund L P)
Payment of Expenses and Fees. CISI The General Partner will advance pay all expenses incident to the performance of the obligations of the Managing Owner General Partner and the Trust Fund hereunder, including: (i) the printing and delivery to the Lead Selling Agent in quantities as hereinabove stated of copies of the Registration Statement and all amendments thereto, of the Prospectus and any supplements or amendments thereto, and of any supplemental sales materialsPromotional Material; (ii) the reproduction of this Agreement and the printing and filing of the Registration Statement and the Prospectus (and, in certain cases, the exhibits thereto) with the SEC, CFTC SEC and NFA; (iii) the payment of filing fees to the SEC and the NASD; (iv) the qualification of the Units under the securities or "Blue Sky" laws in the various jurisdictions, including the payment of filing fees and the fees and disbursements of CISIthe General Partner's counsel incurred in connection therewith; (ivv) the services of counsel Xxxxxx Xxxxxx Xxxxx Xxxxxxxx and accountants for CISI the General Partner and the Trust, including certain services of KPMG Peat Marwick, LLP in connection with their review of the performance records in the Prospectus; (v) the printing or reproduction and delivery to the Lead Selling Agent of such number of copies as it may reasonably request of the Blue Sky SurveyFund; and (vi) the "road showroadshow" presentations expenses (including, but not including limited to, expenses incurred in connection with travel, lodging and meals) of the expenses of JWH and its personnel which shall be borne by JWH)General Partner. The Managing Owner General Partner and the Lead Selling Agent are each aware of the limitations imposed by Rule 2810 of the NASD Conduct Rules on the aggregate compensation which that may be received by the Lead Selling Agent in connection with the offering and sale of the Units. The Lead Selling Agent will in no event make accept any payments to its own Registered Representatives or any Additional Agent as described above, from the General Partner which, when added to the up to 4% selling upfront sales commissions which (not including ongoing trailing commissions) that the Lead Selling Agent may pay with respect to the sales receives on each sale of Unitsa Unit, would exceed 10% of the gross proceeds of the Units sold to the public. CISI shall not reimburse the Lead Selling Agent for any due diligence expenses in connection with the offering.
Appears in 1 contract
Samples: Selling Agreement (Grant Park Futures Fund Limited Partnership)
Payment of Expenses and Fees. CISI The General Partner will advance pay all expenses incident to the performance of the obligations of the Managing Owner General Partner and the Trust Fund hereunder, including: (i) the printing and delivery to the Lead Additional Selling Agent in quantities as hereinabove stated of copies of the Registration Statement and all amendments thereto, of the Prospectus and any supplements or amendments thereto, and of any supplemental sales materialsPromotional Material; (ii) the reproduction of this Agreement and the printing and filing of the Registration Statement and the Prospectus (and, in certain cases, the exhibits thereto) with the SEC, CFTC SEC and NFA; (iii) the payment of filing fees to the SEC and the NASD; (iv) the qualification of the Units under the securities or "Blue Sky" laws in the various jurisdictions, including the payment of filing fees and the fees and disbursements of CISIthe General Partner's counsel incurred in connection therewith; and (ivv) the services of counsel Katten Muchin Zavis Rosenman and accountants for CISI the General Partner axx xxx Xxxx. Xxx Xxxxxal Partner and the Trust, including certain services of KPMG Peat Marwick, LLP in connection with their review of the performance records in the Prospectus; (v) the printing or reproduction and delivery to the Lead Selling Agent of such number of copies as it may reasonably request of the Blue Sky Survey; and (vi) "road show" presentations (not including the expenses of JWH and its personnel which shall be borne by JWH). The Managing Owner and the Lead Additional Selling Agent are each aware of the limitations imposed by Rule 2810 of the NASD Conduct Rules on the aggregate compensation which that may be received by the Lead Additional Selling Agent in connection with the offering and sale of the Units. The Lead General Partner acknowledges and agrees that it will not make, and the Additional Selling Agent acknowledges and agrees that it will in no event make accept, any payments to its own Registered Representatives or any Additional Agent as described above, from the General Partner which, when added to the up to 4% selling upfront sales commissions which (not including ongoing trailing commissions) that the Lead Additional Selling Agent may pay with respect to the sales receives on each sale of Unitsa Unit, would exceed 10% of the gross proceeds of the Units sold to the public. CISI shall not reimburse the Lead Selling Agent for any due diligence expenses in connection with the offering.
Appears in 1 contract
Samples: Selling Agent Agreement (Grant Park Futures Fund Limited Partnership)