Principal Underwriter. The Trustees may in their discretion from time to time enter into an exclusive or non-exclusive underwriting contract or contracts providing for the sale of Shares, whereby the Trust may either agree to sell Shares to the other party to the contract or appoint such other party its sales agent for such Shares. In either case, the contract shall be on such terms and conditions, if any, as may be prescribed in the By-Laws, and such further terms and conditions as the Trustees may in their discretion determine not inconsistent with the provisions of this Article VI, or of the By-Laws; and such contract may also provide for the repurchase or sale of Shares by such other party as principal or as agent of the Trust.
Appears in 9 contracts
Samples: Agreement and Declaration of Trust (BlackRock Funds VI), Trust Agreement (iShares U.S. ETF Trust), Trust Agreement (iShares U.S. ETF Trust)
Principal Underwriter. The Trustees Directors may in their discretion from time to time enter into an exclusive or non-exclusive underwriting or placement contract or contracts providing for the sale of Shares, whereby the Trust Company may either agree to sell Shares to the other party to the contract or appoint such other party its sales agent for such Shares. In either case, the contract shall be on such terms and conditions, if any, as may be prescribed in the By-LawsBylaws, and such further terms and conditions as the Trustees Directors may in their discretion determine not inconsistent with the provisions of this Article VI, or of the By-LawsBylaws; and such contract may also provide for the repurchase or sale of Shares by such other party as principal or as agent of the TrustCompany.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (Fidelity Central Investment Portfolios II LLC), Limited Liability Company Agreement (Fidelity Master Portfolios LLC), Limited Liability Company Agreement (Fidelity Central Investment Portfolios LLC)
Principal Underwriter. The Trustees may in their discretion from ------------ --------------------- time to time enter into an exclusive or non-exclusive underwriting contract or contracts providing for the sale of Shares, whereby the Trust may either agree to sell Shares to the other party to the contract or appoint such other party its sales agent for such Shares. In either case, the contract shall be on such terms and conditions, if any, as may be prescribed in the By-Laws, and such further terms and conditions as the Trustees may in their discretion determine not inconsistent with the provisions of this Article VI, or of the By-Laws; and such contract may also provide for the repurchase or sale of Shares by such other party as principal or as agent of the Trust.
Appears in 2 contracts
Samples: Trust Agreement (Ishares Trust), Trust Agreement (Ishares Trust)
Principal Underwriter. The Trustees may in their discretion from time to time enter into an exclusive or non-exclusive underwriting contract or contracts providing for the sale of Shares, whereby the Trust may either agree to sell Shares to the other party to the contract or appoint such other party as its sales agent for such Shares. In either case, the contract shall be on such terms and conditions, if any, conditions as may be prescribed in the By-Laws, Bylaws and such further terms and conditions as the Trustees may in their discretion determine (such terms and conditions not to be inconsistent with the provisions of this Article VI, Trust Instrument or of the By-LawsBylaws); and such contract may also provide for the repurchase or sale of Shares by such other party as principal or as agent of the Trust.
Appears in 2 contracts
Samples: Trust Instrument (FSP Investment Trust), Trust Instrument (X Com Funds)
