Common use of Sale of Shares to Affiliates Clause in Contracts

Sale of Shares to Affiliates. You may sell the Class A and Class C shares at net asset value, without a sales charge as appropriate, pursuant to a uniform offer described in the Fund's current Prospectus (i) to our Directors and officers, our investment manager or your company or affiliated companies thereof, (ii) to the bona fide, full time employees or sales representatives of any of the foregoing who have acted as such for at least ninety (90) days, (iii) to any trust, pension, profit-sharing, or other benefit plan for such persons, or (iv) to any other person set forth in the Fund's then current Prospectus; PROVIDED that such sales are made in accordance with the rules and regulations under the 1940 Act and that such sales are made upon the written assurance of the purchaser that the purchases are made for investment purposes only, not for the purpose of resale to the public and that the shares will not be resold except through redemption by us.

Appears in 12 contracts

Samples: Underwriting Agreement (Lexington Global Corp Leaders Fund Inc), Underwriting Agreement (Pilgrim Growth & Income Fund Inc), Underwriting Agreement (Lexington Troika Dialog Russia Fund Inc)

AutoNDA by SimpleDocs

Sale of Shares to Affiliates. You may sell the Class A and Class C shares (if such shares are offered) at net asset value, without a sales charge as appropriate, pursuant to a uniform offer described in the Fund's current Prospectus (i) to our Directors and officers, our investment manager or your company or affiliated companies thereof, (ii) to the bona fide, full time employees or sales representatives of any of the foregoing who have acted as such for at least ninety (90) days, (iii) to any trust, pension, profit-sharing, or other benefit plan for such persons, or (iv) to any other person set forth in the Fund's then current Prospectus; PROVIDED that such sales are made in accordance with the rules and regulations under the 1940 Act and that such sales are made upon the written assurance of the purchaser that the purchases are made for investment purposes only, not for the purpose of resale to the public and that the shares will not be resold except through redemption by us.

Appears in 8 contracts

Samples: Underwriting Agreement (Pilgrim Gnma Income Fund Inc), Underwriting Agreement (Pilgrim Gnma Income Fund Inc), Underwriting Agreement (Pilgrim Troika Dialog Russia Fund Inc)

Sale of Shares to Affiliates. You may sell the Class A and Class C M shares at net asset value, without a sales charge as appropriate, pursuant to a uniform offer described in the Fund's Funds' current Prospectus (i) to our Directors and officers, our investment manager or your company or affiliated companies thereof, (ii) to the bona fide, full time employees or sales representatives of any of the foregoing who have acted as such for at least ninety (90) days, (iii) to any trust, pension, profit-sharing, or other benefit plan for such persons, or (iv) to any other person set forth in the Fund's Funds' then current Prospectus; PROVIDED that such sales are made in accordance with the rules and regulations under the 1940 Act and that such sales are made upon the written assurance of the purchaser that the purchases are made for investment purposes only, not for the purpose of resale to the public and that the shares will not be resold except through redemption by us.

Appears in 8 contracts

Samples: Underwriting Agreement (Pilgrim Advisory Funds Inc), Underwriting Agreement (Pilgrim Investment Funds Inc/Md), Underwriting Agreement (Pilgrim Investment Funds Inc/Md)

Sale of Shares to Affiliates. You may sell the Class A and Class C shares at net asset value, without a sales charge as appropriate, pursuant to a uniform offer described in the Fund's Funds’ current Prospectus (i) to our Directors Trustees and officers, our investment manager or your company or affiliated companies thereof, (ii) to the bona fide, full time employees or sales representatives of any of the foregoing who have acted as such for at least ninety (90) days, (iii) to any trust, pension, profit-sharing, or other benefit plan for such persons, or (iv) to any other person set forth in the Fund's Funds’ then current Prospectus; PROVIDED provided that such sales are made in accordance with the rules and regulations under the 1940 Act and that such sales are made upon the written assurance of the purchaser that the purchases are made for investment purposes only, not for the purpose of resale to the public and that the shares will not be resold except through redemption by us.

Appears in 7 contracts

Samples: Underwriting Agreement (Voya FUNDS TRUST), Underwriting Agreement (Voya EQUITY TRUST), Underwriting Agreement (Voya MUTUAL FUNDS)

Sale of Shares to Affiliates. You may sell the Class A and Class C shares at net asset value, without a sales charge as appropriate, pursuant to a uniform offer described in the Fund's Funds' current Prospectus (i) to our Directors Trustees and officers, our investment manager or your company or affiliated companies thereof, (ii) to the bona fide, full time employees or sales representatives of any of the foregoing who have acted as such for at least ninety (90) days, (iii) to any trust, pension, profit-sharing, or other benefit plan for such persons, or (iv) to any other person set forth in the Fund's Funds' then current Prospectus; PROVIDED provided that such sales are made in accordance with the rules and regulations under the 1940 Act and that such sales are made upon the written assurance of the purchaser that the purchases are made for investment purposes only, not for the purpose of resale to the public and that the shares will not be resold except through redemption by us.

Appears in 7 contracts

Samples: Underwriting Agreement (Ing Mutual Funds), Underwriting Agreement (Ing Equity Trust), Underwriting Agreement (Ing Funds Trust)

Sale of Shares to Affiliates. You may sell the Class A and Class C shares at net asset value, without a sales charge as appropriate, pursuant to a uniform offer described in the Fund's Funds' current Prospectus (i) to our Directors Trustees and officers, our investment manager or your company or affiliated companies thereof, (ii) to the bona fide, full time employees or sales representatives of any of the foregoing who have acted as such for at least ninety (90) days, (iii) to any trust, pension, profit-sharing, or other benefit plan for such persons, or (iv) to any other person set forth in the Fund's Funds' then current Prospectus; PROVIDED that such sales are made in accordance with the rules and regulations under the 1940 Act and that such sales are made upon the written assurance of the purchaser that the purchases are made for investment purposes only, not for the purpose of resale to the public and that the shares will not be resold except through redemption by us.

Appears in 5 contracts

Samples: Underwriting Agreement (Pilgrim Mutual Funds), Underwriting Agreement (Pilgrim Mutual Funds), Underwriting Agreement (Pilgrim Mutual Funds)

Sale of Shares to Affiliates. You may sell the Class A and Class C shares at net asset value, without plus a varying sales charge as appropriate, pursuant to a uniform offer described in the FundCompany's current Prospectus (i) to our Directors and officers, our investment manager or your company or affiliated companies thereof, (ii) to the bona fide, full time employees or sales representatives of any of the foregoing who have acted as such for at least ninety (90) days, (iii) to any trust, pension, profit-sharing, or other benefit plan for such persons, or (iv) to any other person set forth in the FundCompany's then current Prospectus; PROVIDED that THAT such sales are made in accordance with the rules and regulations under the 1940 Act and that such sales are made upon the written assurance of the purchaser that the purchases are made for investment purposes only, not for the purpose of resale to the public and that the shares will not be resold except through redemption by us.

Appears in 3 contracts

Samples: Underwriting Agreement (Pilgrim Bank & Thrift Fund Inc), Underwriting Agreement (Pilgrim Bank & Thrift Fund Inc), Underwriting Agreement (Pilgrim Bank & Thrift Fund Inc)

Sale of Shares to Affiliates. You may sell the Class A and Class C shares (if such shares are offered) at net asset value, without a sales charge as appropriate, pursuant to a uniform offer described in the Fund's current Prospectus (i) to our Directors and officers, our investment manager or your company or affiliated companies thereof, (ii) to the bona fide, full time employees or sales representatives of any of the foregoing who have acted as such for at least ninety (90) days, (iii) to any trust, pension, profit-sharing, or other benefit plan for such persons, or (iv) to any other person set forth in the Fund's then current Prospectus; PROVIDED provided that such sales are made in accordance with the rules and regulations under the 1940 Act and that such sales are made upon the written assurance of the purchaser that the purchases are made for investment purposes only, not for the purpose of resale to the public and that the shares will not be resold except through redemption by us.

Appears in 2 contracts

Samples: Underwriting Agreement (Pilgrim Global Technology Fund Inc), Underwriting Agreement (Pilgrim Silver Fund Inc)

Sale of Shares to Affiliates. You may sell the Class A and Class C M shares at net asset value, without a sales charge as appropriate, pursuant to a uniform offer described in the Fund's current Prospectus (i) to our Directors and officers, our investment manager or your company or affiliated companies thereof, (ii) to the bona fide, full time employees or sales representatives of any of the foregoing who have acted as such for at least ninety (90) days, (iii) to any trust, pension, profit-sharing, or other benefit plan for such persons, or (iv) to any other person set forth in the Fund's Funds' then current Prospectus; PROVIDED provided that such sales are made in accordance with the rules and regulations under the 1940 Act and that such sales are made upon the written assurance of the purchaser that the purchases are made for investment purposes only, not for the purpose of resale to the public and that the shares will not be resold except through redemption by us.

Appears in 2 contracts

Samples: Underwriting Agreement (Pilgrim America Investment Funds Inc), Underwriting Agreement (Pilgrim America Masters Series Inc)

AutoNDA by SimpleDocs

Sale of Shares to Affiliates. You may sell the Class A and Class C shares at net asset value, without a sales charge as appropriate, pursuant to a uniform offer described in the FundTrust's current Prospectus (i) to our Directors Trustees and officers, our investment manager or your company or affiliated companies thereof, (ii) to the bona fide, full time employees or sales representatives of any of the foregoing who have acted as such for at least ninety (90) days, (iii) to any trust, pension, profit-sharing, or other benefit plan for such persons, or (iv) to any other person set forth in the FundTrust's then current Prospectus; PROVIDED provided that such sales are made in accordance with the rules and regulations under the 1940 Act and that such sales are made upon the written assurance of the purchaser that the purchases are made for investment purposes only, not for the purpose of resale to the public and that the shares will not be resold except through redemption by us.

Appears in 2 contracts

Samples: Underwriting Agreement (Lexington Global Income Fund), Underwriting Agreement (Lexington Money Market Trust)

Sale of Shares to Affiliates. You may sell the Class A and Class C shares at net asset value, without a sales charge as appropriate, pursuant to a uniform offer described in the Fund's current Prospectus (i) to our Directors Trustees and officers, our investment manager or your company or affiliated companies thereof, (ii) to the bona fide, full time employees or sales representatives of any of the foregoing who have acted as such for at least ninety (90) days, (iii) to any trust, pension, profit-sharing, or other benefit plan for such persons, or (iv) to any other person set forth in the each Fund's then current Prospectus; PROVIDED provided that such sales are made in accordance with the rules and regulations under the 1940 Act and that such sales are made upon the written assurance of the purchaser that the purchases are made for investment purposes only, not for the purpose of resale to the public and that the shares will not be resold except through redemption by us.

Appears in 2 contracts

Samples: Underwriting Agreement (Ing Variable Insurance Trust), Underwriting Agreement (Ing Funds Trust)

Sale of Shares to Affiliates. You may sell the Class A and Class C shares at net asset value, without a sales charge as appropriate, pursuant to a uniform offer described in the Fund's current Prospectus (i) to our Directors and officers, our investment manager or your company or affiliated companies thereof, (ii) to the bona fide, full time employees or sales representatives of any of the foregoing who have acted as such for at least ninety (90) days, (iii) to any trust, pension, profit-sharing, or other benefit plan for such persons, or (iv) to any other person set forth in the Fund's then current Prospectus; PROVIDED provided that such sales are made in accordance with the rules and regulations under the 1940 Act and that such sales are made upon the written assurance of the purchaser that the purchases are made for investment purposes only, not for the purpose of resale to the public and that the shares will not be resold except through redemption by us.

Appears in 1 contract

Samples: Underwriting Agreement (Pilgrim Growth & Income Fund Inc)

Sale of Shares to Affiliates. You may sell the Class A and Class C shares (if such shares are offered) at net asset value, without a sales charge as appropriate, pursuant to a uniform offer described in the Fund's current Prospectus (i) to our Directors Trustees and officers, our investment manager or your company or affiliated companies thereof, (ii) to the bona fide, full time employees or sales representatives of any of the foregoing who have acted as such for at least ninety (90) days, (iii) to any trust, pension, profit-sharing, or other benefit plan for such persons, or (iv) to any other person set forth in the Fund's then current Prospectus; PROVIDED provided that such sales are made in accordance with the rules and regulations under the 1940 Act and that such sales are made upon the written assurance of the purchaser that the purchases are made for investment purposes only, not for the purpose of resale to the public and that the shares will not be resold except through redemption by us.

Appears in 1 contract

Samples: Underwriting Agreement (Lexington Money Market Trust)

Sale of Shares to Affiliates. You may sell the Class A and Class C M shares at net asset value, without a sales charge as appropriate, pursuant to a uniform offer described in the Fund's Funds' current Prospectus (i) to our Directors and officers, our investment manager or your company or affiliated companies thereof, (ii) to the bona fide, full time employees or sales representatives of any of the foregoing who have acted as such for at least ninety (90) days, (iii) to any trust, pension, profit-sharing, or other benefit plan for such persons, or (iv) to any other person set forth in the Fund's Funds' then current Prospectus; PROVIDED provided that such sales are made in accordance with the rules and regulations under the 1940 Act and that such sales are made upon the written assurance of the purchaser that the purchases are made for investment purposes only, not for the purpose of resale to the public and that the shares will not be resold except through redemption by us.

Appears in 1 contract

Samples: Underwriting Agreement (Ing Investment Funds Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!