Common use of Resolute’s Services and Duties; Exclusivity Clause in Contracts

Resolute’s Services and Duties; Exclusivity. (a) Resolute shall use reasonable efforts to solicit orders to purchase Shares of the Funds upon the terms and conditions contained herein and in the then current Prospectus. Resolute shall devote reasonable time and effort to effect sales of Shares but shall not be obligated to sell any specific number of Shares.

Appears in 4 contracts

Samples: Distribution Agreement (American Beacon Funds), Distribution Agreement (American Beacon Select Funds), Distribution Agreement (American Beacon Select Funds)

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Resolute’s Services and Duties; Exclusivity. (a) Resolute shall use reasonable best efforts to solicit orders to purchase Shares of the Funds each Fund upon the terms and conditions contained herein and in the then then-current Prospectus. Resolute shall devote reasonable time and effort to effect sales of Shares but shall not be obligated to sell any specific number of Shares.

Appears in 2 contracts

Samples: Distribution Agreement (American Beacon Apollo Total Return Fund), Distribution Agreement (American Beacon Sound Point Enhanced Income Fund)

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