Common use of Selected Dealer Agreements Clause in Contracts

Selected Dealer Agreements. (a) The Distributor shall have the right to enter into selected dealers agreements with Selected Dealers for the sale of Shares. In making agreements with Selected Dealers, the Distributor shall act only as principal and not as agent for the Fund. Shares sold to Selected Dealers shall be for resale by such dealers only at the public offering price set forth in the Prospectus. (b) Within the United States, the Distributor shall offer and sell shares only to Selected Dealers that are members in good standing of the NASD. (c) The Distributor shall adopt and follow procedures, as approved by the Fund, for the confirmation of sales of Shares to investors and Selected Dealers, the collection of amounts payable by investors and Selected Dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the NASD, as such requirements may from time to time exist.

Appears in 5 contracts

Samples: Distribution Agreement (Active Assets Institutional Government Securities Trust), Distribution Agreement (Active Assets Institutional Money Trust), Distribution Agreement (Active Assets Premier Money Trust)

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Selected Dealer Agreements. (a) The Distributor shall have the right to enter into selected dealers agreements with Selected Dealers for the sale of Shares. In making agreements with Selected Dealers, the Distributor shall act only as principal and not as agent for the Funda Trust. Shares sold to Selected Dealers shall be for resale by such dealers only at the public offering price set forth in the Prospectus. (b) Within the United States, the Distributor shall offer and sell shares Shares only to Selected Dealers that are members in good standing of the NASDFINRA. (c) The Distributor shall adopt and follow procedures, as approved by the Funda Trust, for the confirmation of sales of Shares to investors and Selected Dealers, the collection of amounts payable by investors and Selected Dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the NASDFINRA, as such requirements may from time to time exist.

Appears in 3 contracts

Samples: Distribution Agreement (Active Assets Prime Trust), Distribution Agreement (Active Assets Institutional Money Trust), Distribution Agreement (Active Assets Money Trust)

Selected Dealer Agreements. (a) The Distributor shall have the right to enter into selected dealers dealer agreements with Selected Securities Dealers for the sale of the Shares. In making ; provided, that the Fund shall approve the forms of agreements with Selected Dealers, the Distributor shall act only as principal and not as agent for the Funddealers. Shares sold to Selected Dealers shall be for resale by such dealers only at the public offering price as set forth in the Prospectus. (b) Within the United States, the Distributor shall offer and sell shares only to Selected Dealers that are members in good standing of the NASD. (c) The Distributor shall adopt and follow procedures, as approved by the Fund, for the confirmation of sales of Shares to investors and Selected Dealers, the collection of amounts payable by investors and Selected Dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the NASD, as such requirements may from time to time exist.

Appears in 2 contracts

Samples: Distribution Agreement (Morgan Stanley Dean Witter Prime Income Trust), Distribution Agreement (Prime Income Trust)

Selected Dealer Agreements. (a) The Distributor shall have the right to enter into selected dealers agreements with Selected Dealers for the sale of Shares. In making agreements with Selected Dealers, the Distributor shall act only as principal and not as agent for the Fund. Shares sold to Selected Dealers shall be for resale by such dealers only at the public offering price set forth in the Prospectus. (b) Within the United States, the Distributor shall offer and sell shares only to such Selected Dealers that as are members in good standing of the NASD. (c) The Distributor shall adopt and follow procedures, as approved by the Fund, for the confirmation of sales of Shares to investors and Selected Dealers, the collection of amounts payable by investors and Selected Dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the NASD, as such requirements may from time to time exist.

Appears in 1 contract

Samples: Distribution Agreement (Active Assets Government Securities Trust)

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Selected Dealer Agreements. (a) The Distributor shall have the right to enter into selected dealers agreements with Selected Dealers for the sale of Shares. In making agreements with Selected Dealers, the Distributor shall act only as principal and not as agent for the Fund. Shares sold to Selected Dealers shall be for resale by such dealers only at the public offering price set forth in the Prospectus. (b) Within the United States, the Distributor shall offer and sell shares Shares only to Selected Dealers that are members in good standing of the NASD. (c) The Distributor shall adopt and follow procedures, as approved by the Fund, for the confirmation of sales of Shares to investors and Selected Dealers, the collection of amounts payable by investors and Selected Dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the NASD, as such requirements may from time to time exist.

Appears in 1 contract

Samples: Distribution Agreement (Active Assets California Tax Free Trust)

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