Common use of Registration and Sale of Additional Shares Clause in Contracts

Registration and Sale of Additional Shares. The Fund agrees to register with the SEC an indefinite number of Shares pursuant to Rule 24f-2 under the Investment Company Act. The Fund will, in cooperation with the Distributor, take action necessary from time to time to qualify the Shares (registered or otherwise qualified for sale under the Securities Act) in any jurisdiction agreeable to the Distributor and Fund and to maintain such qualification.

Appears in 33 contracts

Samples: Distribution Agreement (Columbia Municipal Bond Fund Inc), Distribution Agreement (Columbia Daily Income Co), Distribution Agreement (Columbia Common Stock Fund Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.