Common use of Purchase of Shares Clause in Contracts

Purchase of Shares. (a) As General Distributor, you shall have the right to accept or reject orders for the purchase of Shares at your discretion. Any consideration which you may receive in connection with a rejected purchase order will be returned promptly.

Appears in 132 contracts

Samples: General Distributor's Agreement (Oppenheimer Rochester Short Duration High Yield Municipal Fund), General Distributor’s Agreement (Oppenheimer Intermediate Term Municipal Fund), S Agreement (Oppenheimer Rochester Minnesota Municipal Fund)

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Purchase of Shares. (a) As General Distributor, you shall have the right right, subject to the terms of this Agreement, to accept or reject orders for the purchase of Shares at your discretion. You acknowledge that the Fund also has the right to reject any orders for the purchase of Shares in its discretion. Any consideration which that you may receive in connection with a rejected purchase order will must be returned promptly.

Appears in 9 contracts

Samples: Distribution Agreement (Blackstone / GSO Floating Rate Enhanced Income Fund), Distribution Agreement (Blackstone / GSO Floating Rate Enhanced Income Fund), Distribution Agreement (Blackstone Real Estate Income Fund II)

Purchase of Shares. (a) As General Distributor, you shall have the right right, subject to the terms of this Agreement, to accept or reject orders for the purchase of Shares at your discretion. You acknowledge that each Fund also has the right to reject any orders for the purchase of Shares in its discretion. Any consideration which that you may receive in connection with a rejected purchase order will must be returned promptly.

Appears in 2 contracts

Samples: Distribution Agreement (Blackstone Alternative Investment Funds), Distribution Agreement (Blackstone Alternative Investment Funds)

Purchase of Shares. (a) As General Distributor, you shall have the right to accept or reject orders for the purchase of Shares at your discretion. Any consideration which you may receive in connection with a rejected purchase order will be returned promptly. Shares of the Trust may be sold by you only at net asset value without sales charge upon receipt of Federal Funds for the purchase of any Shares sold by you pursuant to provisions hereof.

Appears in 1 contract

Samples: General Distributor's Agreement (Oppenheimer Variable Account Funds)

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Purchase of Shares. (a) As The General Distributor, you Distributor shall have the right to accept or reject orders for the purchase of Shares at your its discretion. Any consideration which you that the General Distributor may receive in connection with a rejected purchase order will must be returned promptly.

Appears in 1 contract

Samples: General Distributor's Agreement (Man Long Short Fund)

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