Sale and Repurchase of Shares. (a) FDDI is hereby granted the right, as agent for the Fund, to sell Shares to the public against orders received at the public offering price as defined in the Fund's Prospectus and Statement of Additional Information.
Appears in 13 contracts
Samples: Underwriting Agreement (Iaa Trust Taxable Fixed Income Series Fund Inc), Underwriting Agreement (Iaa Trust Taxable Fixed Income Series Fund Inc), Underwriting Agreement (Matthews International Funds)
Sale and Repurchase of Shares. (a) FDDI is hereby granted the right, as agent for the Fund, to sell Shares to the public against orders received at the public offering price as defined in the Fund's Prospectus and Statement of Additional Information. (b) FDDI will also have the right to take, as agent for the Fund, all actions which, in FDDI's judgment, and subject to the Fund's reasonable approval, are necessary to carry into effect the distribution of the Shares.
Appears in 2 contracts
Samples: Underwriting Agreement (Stratton Monthly Dividend Reit Shares Inc), Underwriting Agreement (Stratton Funds Inc)