Common use of Qualification of Shares in States Clause in Contracts

Qualification of Shares in States. Dreyfus agrees to make available to the Intermediary a list of the states or other jurisdictions in which Shares are registered for sale or are otherwise qualified for sale, which may be revised from time to time. The Intermediary will make offers of Shares to its customers only in those states, and will ensure that the Intermediary (including its associated persons) are appropriately licensed and qualified to offer and sell Shares in any state or other jurisdiction that requires such licensing or qualification in connection with the Intermediary’s activities. Dreyfus will promptly inform the Intermediary of any changes to the list of states.

Appears in 20 contracts

Sources: Supplemental Agreement (Dreyfus Laurel Tax Free Municipal Funds), Supplemental Agreement (Dreyfus Premier Gnma Fund Inc), Supplemental Agreement (Advantage Funds, Inc.)

Qualification of Shares in States. Dreyfus agrees to make available to the Intermediary a list of the states or other jurisdictions in which Shares are registered for sale or are otherwise qualified for sale, which may be revised from time to time. The Intermediary will make offers of Shares to its customers only in those states, and will ensure that the Intermediary (including its associated persons) are appropriately licensed and qualified to offer and sell Shares in any state or other jurisdiction that requires such licensing or qualification in connection with the Intermediary’s 's activities. Dreyfus will promptly inform the Intermediary of any changes to the list of states.

Appears in 2 contracts

Sources: Supplemental Agreement (RBC Variable Annuity Account A), Supplemental Agreement (Variflex Ls)

Qualification of Shares in States. Dreyfus agrees to make available to the Intermediary a list of the states Shares or other jurisdictions in which Shares are registered for sale or are otherwise qualified for sale, which may be revised from time to time. The Intermediary will make offers of Shares to its customers only in those states, and will ensure that the Intermediary (including its associated persons) are appropriately licensed and qualified to offer and sell Shares in any state or other jurisdiction that requires such licensing or qualification in connection with the Intermediary’s activities. Dreyfus will promptly inform the Intermediary of any changes to the list of states.

Appears in 1 contract

Sources: Supplemental Agreement (Llac Variable Account)