Common use of Sales Commission; Compensation Clause in Contracts

Sales Commission; Compensation. (a) The Fund shall pay the Distributor an amount equal to 1.00% of the gross sales price per Share of the Shares sold.

Appears in 44 contracts

Samples: Distribution Agreement (Columbia Seligman Premium Technology Growth Fund, Inc.), Distribution Agreement (XAI Octagon Floating Rate & Alternative Income Trust), Distribution Agreement (NXG Cushing Midstream Energy Fund)

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Sales Commission; Compensation. (a) The Fund shall pay the Distributor an amount equal up to 1.00% of the gross sales price per Share of the Shares sold; provided that any amount less than 1.00% of the gross sales price per Share of the Shares sold shall be agreed to in writing by the Fund and the Distributor.

Appears in 1 contract

Samples: Distribution Agreement (Cohen & Steers Infrastructure Fund Inc)

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