Common use of Role of Distributor Clause in Contracts

Role of Distributor. Pursuant to and in accordance with the provisions of the Distribution Agreement, we will make arrangements with securities dealers that will solicit orders for the purchase of Creation Units of WEBS pursuant to the representations set forth in Section 4 of this Agreement. You are hereby invited to become one of the securities dealers referred to herein as a "Soliciting Dealer." This will confirm our mutual agreement as to the terms and conditions applicable to your participation as a Soliciting Dealer, such agreement to be effective upon your confirmation hereof. You understand that we are seeking to enter into this Agreement in counterparts with you and other firms which also may act as Soliciting Dealers. All purchases of Creation Units of WEBS from the Fund shall be effected by us, through an Authorized Participant, in our capacity as principal underwriter and distributor acting as agent on behalf of the Fund. You understand that the Distributor shall have no distribution or underwriting obligation to you hereunder with regard to the purchase and sale of WEBS (including Creation Unit aggregations).

Appears in 2 contracts

Samples: Webs Index Fund Inc, Webs Index Fund Inc

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Role of Distributor. Pursuant to and in accordance with the provisions of the Distribution Agreement, we will make arrangements with for securities dealers that will solicit orders for the purchase of Creation Units of WEBS pursuant to can make the representations set forth in Section 4 of this AgreementAgreement to solicit orders to purchase Creation Units of WEBS of each Index Series. You are hereby invited to become one of the securities dealers referred to herein as a "Soliciting Dealer." ". This will confirm our mutual agreement as to the terms and conditions applicable to your participation as a Soliciting Dealer, such agreement to be effective upon your confirmation hereof. You understand that we are seeking to enter into this Agreement in counterparts with you and other firms which also may act as Soliciting Dealers. All purchases of Creation Units of WEBS from the Fund shall be effected by us, through an Authorized Participant, in our capacity as principal underwriter and distributor acting as agent on behalf of the Fund. You If you are not an Authorized Participant, you understand that the Distributor shall have no distribution or underwriting obligation to you hereunder with regard to the purchase and sale of WEBS (including Creation Unit aggregations).

Appears in 2 contracts

Samples: Foreign Fund Inc, Webs Index Fund Inc

Role of Distributor. Pursuant to and in accordance with the provisions of the Distribution Agreement, we will make arrangements with for securities dealers that will solicit orders for the purchase of Creation Units of WEBS pursuant to which can make the representations set forth in Section 4 of this AgreementAgreement to solicit from the public orders to purchase Creation Units of Shares of each Series. You are hereby invited to become one of the securities dealers referred to herein as a "Soliciting Dealer." ". This will confirm our mutual agreement as to the terms and conditions applicable to your participation as a Soliciting Dealer, such agreement to be effective upon on your confirmation hereof. You understand that we are seeking to enter into this Agreement in counterparts with you and other firms which also may act as Soliciting Dealers. All purchases of Creation Units of WEBS Shares from the Fund shall be effected by us, through an Authorized Participant, us in our capacity as principal underwriter and distributor acting as agent on behalf of the Fund. You understand that the Distributor we shall have no distribution or underwriting obligation to you hereunder with regard to at such times as we are not acting as distributor and principal underwriter for the purchase and sale of WEBS (including Shares in Creation Unit aggregations).

Appears in 1 contract

Samples: Soliciting Dealer Agreement (Countrybasket Index Fund Inc /Ny/)

Role of Distributor. Pursuant to and in accordance with the provisions ------------------- of the Distribution Agreement, we will make arrangements with securities dealers that will solicit orders for the purchase of Creation Units of WEBS iShares pursuant to the representations set forth in Section 4 of this Agreement. You are hereby invited to become one of the securities dealers referred to herein as a "Soliciting Dealer." This will confirm our mutual agreement as to the terms and conditions applicable to your participation as a Soliciting Dealer, such agreement to be effective upon your confirmation hereof. You understand that we are seeking to enter into this Agreement in counterparts with you and other firms which also may act as Soliciting Dealers. All purchases of Creation Units of WEBS iShares from the Fund shall be effected by us, through an Authorized Participant, in our capacity as principal underwriter and distributor acting as agent on behalf of the Fund. You understand that the Distributor shall have no distribution or underwriting obligation to you hereunder with regard to the purchase and sale of WEBS iShares (including Creation Unit aggregations).

Appears in 1 contract

Samples: Ishares Inc

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Role of Distributor. Pursuant to and in accordance with the provisions of the Distribution Agreement, we will make arrangements with for securities dealers that will solicit orders for the purchase of Creation Units of WEBS pursuant to can make the representations set forth in Section 4 of this AgreementAgreement to solicit orders to purchase Creation Units of WEBS of each Index Series. You are hereby invited to become one of the securities dealers referred to herein as a "Soliciting Dealer." ". This will confirm our mutual agreement as to the terms and conditions applicable to your participation as a Soliciting Dealer, such agreement to be effective upon your confirmation hereof. You understand that we are seeking to enter into this Agreement in counterparts with you and other firms which also may act as Soliciting Dealers. All purchases of Creation Units of WEBS from the Fund shall be effected by us, through an Authorized Participant, in our capacity as principal underwriter and distributor acting as agent on behalf of the Fund. You If you are not an Authorized Participant, you understand that the Distributor shall have no distribution or underwriting obligation to you hereunder with regard to the purchase and sale of WEBS (including Creation Unit aggregations). 3 2.

Appears in 1 contract

Samples: Webs Index Fund Inc

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