Purchase of Shares from each Fund. The Shares are offered in four classes (each, a "Class"), as described in the Prospectus, as amended or supplemented from time to time. (a) The Distributor shall have the right to buy from each Fund the Shares of the particular class needed, but not more than the Shares needed (except for clerical errors in transmission), to fill unconditional orders for Shares of the applicable class placed with the Distributor by investors or securities dealers. The price which the Distributor shall pay for the Shares so purchased from the Fund shall be the net asset value, determined as set forth in the Prospectus, used in determining the public offering price on which such orders were based. (b) The Shares are to be resold by the Distributor at the public offering price of Shares of the applicable class as set forth in the Prospectus, to investors or to securities dealers, including DWR, who 1
Appears in 34 contracts
Samples: Morgan Stanley Dean Witter Funds Distribution Agreement Agreement (Morgan Stanley Dean Witter Federal Securities Trust), Dean Witter Funds (Dean Witter Strategist Fund), Dean Witter Funds Distribution Agreement Agreement (Dean Witter Precious Metals & Minerals Trust)
Purchase of Shares from each Fund. The Shares are offered in four classes (each, a "Class"), as described in the Prospectus, as amended or supplemented from time to time. (a) The Distributor shall have the right to buy from each Fund the Shares of the particular class needed, but not more than the Shares needed (except for clerical errors in transmission), to fill unconditional orders for Shares of the applicable class placed with the Distributor by investors or securities dealers. The price which the Distributor shall pay for the Shares so purchased from the Fund shall be the net asset value, determined as set forth in the Prospectus, used in determining the public offering price on which such orders were based. (b) The Shares are to be resold by the Distributor at the public offering price of Shares of the applicable class as set forth in the Prospectus, to investors or to securities dealers, including DWR, who 1who
Appears in 3 contracts
Samples: Morgan Stanley Dean Witter Funds Distribution Agreement Agreement (Morgan Stanley Dean Witter Balanced Growth Fund /New/), Morgan Stanley Dean Witter Funds Distribution Agreement Agreement (Morgan Stanley Dean Witter Balanced Income Fund), Dean Witter Funds (Witter Dean New York Tax Free Income Fund)
Purchase of Shares from each Fund. The Shares are offered in four classes (each, a "Class"), as described in the Prospectus, as amended or supplemented from time to time. (a) The Distributor shall have the right to buy from each Fund the Shares of the particular class needed, but not more than the Shares needed (except for clerical errors in transmission), to fill unconditional orders for Shares of the applicable class placed with the Distributor by investors or securities dealers. The price which the Distributor shall pay for the Shares so purchased from the Fund shall be the net asset value, determined as set forth in the Prospectus, used in determining the public offering price on which such orders were based. (b) The Shares are to be resold by the Distributor at the public offering price of Shares of the applicable class as set forth in the Prospectus, to investors or to securities dealers, including DWR, who have entered into selected dealer agreements with the Distributor upon the terms and conditions set forth in Section 7 hereof ("Selected Dealers"). 1
Appears in 1 contract
Samples: Dean Witter Funds Distribution Agreement Agreement (Dean Witter Fund of Funds)
