Purchase of Shares from the Fund. 3.1 The Distributor shall have the right to buy from the Fund on behalf of investors the Shares needed, but not more than the Shares needed (except for clerical errors in transmission) to fill unconditional orders for Shares placed with the Distributor by investors or registered and qualified securities dealers and other financial institutions (selected dealers).
Appears in 92 contracts
Samples: Distribution Agreement (Jennisondryden Opportunity Funds), Underwriting and Distribution Agreement (Jennison Value Fund), Distribution Agreement (Dryden High Yield Fund Inc)
Purchase of Shares from the Fund. 3.1 (a) The Distributor shall have the right to buy from the Fund on behalf of investors the Shares needed, but not more than the Shares needed (except for clerical errors in transmission) ), to fill unconditional orders for Shares placed with the Distributor by investors or registered and qualified securities dealers and other financial institutions (selected 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.
Appears in 5 contracts
Samples: Distribution Agreement (Dean Witter U S Government Money Market Trust), Distribution Agreement (Dean Witter Tax Free Daily Income Trust), Distribution Agreement (Dean Witter Liquid Asset Fund Inc)
Purchase of Shares from the Fund. 3.1 (a) The Distributor shall have the right to buy from the Fund on behalf of investors the Shares needed, but not more than the Shares needed (except for clerical errors in transmission) ), to fill unconditional orders for Shares placed with the Distributor by investors or registered and qualified securities dealers and other financial institutions (selected 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.
Appears in 3 contracts
Samples: Dean Witter Market Leader Trust (Dean Witter Market Leader Trust), Dean Witter Financial Services Trust (Dean Witter Financial Services Trust), Dean Witter Japan Fund Distribution Agreement (Dean Witter Japan Fund)
Purchase of Shares from the Fund. 3.1 (a) The Distributor shall have the right to buy from the Fund on behalf of investors the Shares needed, but not more than the Shares needed (except for clerical errors in transmission) ), to fill unconditional orders for Shares placed with the Distributor by investors or registered and qualified securities dealers and other financial institutions (selected dealers)investors. 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.
Appears in 3 contracts
Samples: Discover Brokerage Index Series (Discover Brokerage Index Series), Distribution Agreement (Dean Witter Limited Term Municipal Trust), Distribution Agreement (Morgan Stanley Dean Witter Limited Term Municipal Trust)
Purchase of Shares from the Fund. 3.1 The Distributor shall have the right to buy from the Fund on behalf of investors the Shares shares needed, but not more than the Shares shares needed (except for clerical errors in transmission) to fill unconditional orders for Shares shares placed with the Distributor by investors or registered and qualified securities dealers and other financial institutions (selected dealers).
Appears in 2 contracts
Samples: Distribution Agreement (Prudential California Municipal Fund), Prudential Municipal Series Fund
Purchase of Shares from the Fund. 3.1 The Distributor shall have the right to buy from the Fund on behalf of investors the Shares needed, but not more than the Shares needed (except for clerical errors in transmission) to fill unconditional orders for Shares placed with the Distributor by investors or registered and qualified securities dealers and other financial institutions (selected 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.
Appears in 2 contracts
Samples: Distribution Agreement (Target Portfolio Trust), Target Portfolio Trust (Target Portfolio Trust)
Purchase of Shares from the Fund. 3.1 (a) The Distributor shall have the right to buy from the Fund on behalf of investors the Shares shares needed, but not more than the Shares shares needed (except for clerical errors in transmission) to fill unconditional orders for Shares shares of the Fund placed with the Distributor by investors or registered and qualified securities dealers and other financial institutions (selected dealersintermediaries. The price that the Distributor shall pay for the shares so purchased from the Fund shall be the net asset value, determined as set forth in Section 3(c).
Appears in 2 contracts
Samples: Distribution Agreement (Merrill Lynch Senior Floating Rate Fund Ii Inc), Distribution Agreement (Merrill Lynch Sr Float Rate Fd)
Purchase of Shares from the Fund. 3.1 (a) The Distributor shall have the right to buy from the Fund on behalf of investors the Shares shares needed, but not more than the Shares shares needed (except for clerical errors in transmission) to fill unconditional orders for Shares shares of the Fund placed with the Distributor by investors or registered and qualified securities dealers and other financial institutions (selected 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 Section 3(d) hereof, used in determining the public offering price on which such orders were based.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Institutional Intermediate Fund)
