Common use of Sales Charges Clause in Contracts

Sales Charges. (a) For the purposes of this Section 3, "Distribution Fees" shall mean, collectively, (A) the sales charges payable to the Distributor as set forth in Section 3(b), below, and (B) the amounts payable to the Distributor under the Distribution Plans as set forth in Section 3(c) and "Effective Date" shall mean the date hereof.

Appears in 3 contracts

Samples: Distribution Agreement (North American Funds), Distribution Agreement (North American Funds), Distribution Agreement (North American Funds)

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Sales Charges. (a) For the purposes of this Section 3, "Distribution Fees" shall mean, collectively, (Ai) the sales charges payable to the Distributor as set forth in Section 3(b), below, and (Bii) the amounts payable to the Distributor under the Distribution Plans as set forth in Section 3(c) and "Effective Date" shall mean the date hereof.

Appears in 2 contracts

Samples: Distribution Agreement (North American Senior Floating Rate Fund Inc), Distribution Agreement (North American Senior Floating Rate Fund Inc)

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