Common use of Reduced Sales Charges Clause in Contracts

Reduced Sales Charges. In accordance with the terms of each applicable Prospectus, Dealer acknowledges that a reduced sales charge or no sales charge (collectively, “discounts”) may be available to certain purchasers of Units under certain circumstances. Dealer represents that it has, and will maintain during the term of this Agreement, adequate written supervisory procedures and internal controls to ensure that Dealer’s customers receive all available discounts, and Dealer agrees: (i) to inform its customers of applicable discount opportunities and to inquire about other qualifying holdings that might entitle customers to receive discounts; (ii) to advise Axio, contemporaneously with each purchase order it forwards to Axio as agent for its customers, of the availability of any discounts and (iii) that in the event that Dealer fails to provide Axio with information concerning the availability of discounts as provided in (ii) above, Dealer, and not Axio, the Trust or any Series thereof, shall be responsible for reimbursing its customer any applicable discount amount.

Reduced Sales Charges. In accordance with the terms of each applicable Prospectus, Dealer acknowledges that a reduced sales charge or no sales charge (collectively, “discounts”) may be available to certain purchasers of Units under certain circumstances. Dealer represents that it has, and will maintain during the term of this Agreement, adequate written supervisory procedures and internal controls to ensure that Dealer’s customers receive all available discounts, and Dealer agrees: (i) to inform its customers of applicable discount opportunities and to inquire about other qualifying holdings that might entitle customers to receive discounts; (ii) to advise AxioCowen, contemporaneously with each purchase order it forwards to Axio Cowen as agent for its customers, of the availability of any discounts and (iii) that in the event that Dealer fails to provide Axio Cowen with information concerning the availability of discounts as provided in (ii) above, Dealer, and not AxioCowen, the Trust or any Series thereof, shall be responsible for reimbursing its customer any applicable discount amount.

Reduced Sales Charges. In accordance with the terms of each applicable Prospectus, Dealer acknowledges that a reduced sales charge or no sales charge (collectively, “discounts”) may be available to certain purchasers of Units under certain circumstances. Dealer represents that it has, and will maintain during the term of this Agreement, adequate written supervisory procedures and internal controls to ensure that Dealer’s customers receive all available discounts, and Dealer agrees: (i) to inform its customers of applicable discount opportunities and to inquire about other qualifying holdings that might entitle customers to receive discounts; (ii) to advise AxioStrategas, contemporaneously with each purchase order it forwards to Axio Strategas as agent for its customers, of the availability of any discounts and (iii) that in the event that Dealer fails to provide Axio Strategas with information concerning the availability of discounts as provided in (ii) above, Dealer, and not AxioStrategas, the Trust or any Series thereof, shall be responsible for reimbursing its customer any applicable discount amount.

Reduced Sales Charges. In accordance with the terms of each applicable Prospectus, Dealer acknowledges that a reduced sales charge or no sales charge (collectively, “discounts”) may be available to certain purchasers of Units under certain circumstances. Dealer represents that it has, and will maintain during the term of this Agreement, adequate written supervisory procedures and internal controls to ensure that Dealer’s customers receive all available discounts, and Dealer agrees: (i) to inform its customers of applicable discount opportunities and to inquire about other qualifying holdings that might entitle customers to receive discounts; (ii) to advise AxioBHSI, contemporaneously with each purchase order it forwards to Axio BHSI as agent for its customers, of the availability of any discounts and (iii) that in the event that Dealer fails to provide Axio BHSI with information concerning the availability of discounts as provided in (ii) above, Dealer, and not AxioBHSI, the Trust or any Series thereof, shall be responsible for reimbursing its customer any applicable discount amount.