Common use of Sale and Repurchase of Shares Clause in Contracts

Sale and Repurchase of Shares. (a) Underwriter will have the right, as agent for the Trust, to sell Shares to responsible investment dealers against orders therefor at the public offering price (as defined in subparagraph 2(d) hereof). Upon receipt of an order to purchase Shares from a dealer, Underwriter will promptly cause such order to be filled by the Trust.

Appears in 4 contracts

Samples: Underwriting Agreement (Schwartz Investment Trust), Underwriting Agreement (Schwartz Investment Trust), Distribution Agreement (Delta Funds Inc)

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Sale and Repurchase of Shares. (a) Underwriter will have the right, as agent for the TrustFund, to sell Shares to responsible investment dealers the public against orders therefor at the public offering price (as defined in subparagraph sub-paragraph 2(d) hereof.). Upon receipt of an order to purchase Shares from a dealer, Underwriter will promptly cause such order to be filled by the Trust.

Appears in 1 contract

Samples: Underwriting Agreement (Stratton Funds Inc)

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Sale and Repurchase of Shares. (a) Underwriter will have the right, as agent for the Trust, to enter into dealer agreements with responsible investment dealers, and to sell Shares to responsible such investment dealers against orders therefor at the public offering price (as defined in subparagraph 2(d) hereof). Upon receipt of an order to purchase Shares from a dealerdealer with whom Underwriter has a dealer agreement, Underwriter will promptly cause such order to be filled by the Trust.

Appears in 1 contract

Samples: Underwriting Agreement (Check Investment Trust)

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