Common use of Selected Dealer Agreements Clause in Contracts

Selected Dealer Agreements. (a) The Distributor shall have the right to enter into selected dealer agreements ("Selected Dealer Agreements") with securities dealers of its choice (the "Selected Dealers") for the sale of Shares. In connection with such sales by Selected Dealers, the Selected Dealer Agreement shall provide that the portion of the Sales Charge which may be allocated to Selected Dealers shall be limited to all or a portion of the Sales Charge as stated in the Fund's then current Prospectus. 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(s) set forth in the Prospectus and the Statement of Additional Information. (b) The Distributor shall offer and sell Shares only to such Selected Dealers as are (i) members in good standing of the National Association of Securities Dealers (the "NASD"), or (ii) exempt from membership in the NASD. In any Selected Dealer Agreement, the Distributor shall require the Selected Dealer to obtain the written consent of the Distributor (the "Distributor's Consent") prior to such Selected Dealer's making, causing to be made or otherwise participating, directly or indirectly, in the making of any offer or sale of any of the Fund's shares to any individual, corporation, partnership, trust, joint venture, or other person or entity located outside of the United States of America (a "Foreign Offer or Sale"). Such Selected Dealer Agreements shall also provide that any Foreign Offer or Sale shall be made only upon the terms and in accordance with the conditions set forth in the Distributor's Consent.

Appears in 3 contracts

Samples: Distribution Agreement (MFS Series Trust /), Distribution Agreement (American Tiger Funds), Distribution Agreement (Navellier Performance Funds)

AutoNDA by SimpleDocs

Selected Dealer Agreements. (a) The Distributor shall have the right to enter into selected dealer agreements ("Selected Dealer Agreements") with securities dealers of its choice (the "Selected Dealers") for the sale of Shares. In connection with such sales by Selected Dealers, the Selected Dealer Agreement shall provide that the portion of the Sales Charge which may be allocated to Selected Dealers shall be limited to all or a portion of the Sales Charge as stated in the Funda Portfolio's then current Prospectus. In making agreements with Selected Dealers, the Distributor shall act only as principal and not as agent for the Funda Portfolio. Shares sold to Selected Dealers shall be for resale by such dealers only at the public offering price(s) set forth in the Prospectus and the Statement of Additional Information. (b) The Distributor shall offer and sell Shares only to such Selected Dealers as are (i) members in good standing of the National Association of Securities Dealers (the "NASD"), or (ii) exempt from membership in the NASD. In any Selected Dealer Agreement, the Distributor shall require the Selected Dealer to obtain the written consent of the Distributor (the "Distributor's Consent") prior to such Selected Dealer's making, causing to be made or otherwise participating, directly or indirectly, in the making of any offer or sale of any of the Fund's shares to any individual, corporation, partnership, trust, joint venture, or other person or entity located outside of the United States of America (a "Foreign Offer or Sale"). Such Selected Dealer Agreements shall also provide that any Foreign Offer or Sale shall be made only upon the terms and in accordance with the conditions set forth in the Distributor's Consent.

Appears in 2 contracts

Samples: Distribution Agreement (Navellier Millennium Funds), Distribution Agreement (American Tiger Funds)

Selected Dealer Agreements. (a) The Distributor shall have the right to enter into selected dealer agreements ("Selected Dealer Agreements") with securities dealers of its choice (the "Selected Dealers") for the sale of Shares. In connection with such sales by Selected Dealers, the Selected Dealer Agreement shall provide that the portion of the Sales Charge which may be allocated to Selected Dealers shall be limited to all or a portion of the Sales Charge as stated in the Fund's then current Prospectus. In making agreements with Selected Dealers, the Distributor shall act only as principal and not as agent for the FundPortfolio. Shares sold to Selected Dealers shall be for resale by such dealers only at the public offering price(s) set forth in the Prospectus and the Statement of Additional Information. (b) The Distributor shall offer and sell Shares only to such Selected Dealers as are (i) members in good standing of the National Association of Securities Dealers (the "NASD"), or (ii) exempt from membership in the NASD. In any Selected Dealer Agreement, the Distributor shall require the Selected Dealer to obtain the written consent of the Distributor (the "Distributor's Consent") prior to such Selected Dealer's making, causing to be made or otherwise participating, directly or indirectly, in the making of any offer or sale of any of the FundPortfolio's shares to any individual, corporation, partnership, trust, joint venture, or other person or entity located outside of the United States of America (a "Foreign Offer or Sale"). Such Selected Dealer Agreements shall also provide that any Foreign Offer or Sale shall be made only upon the terms and in accordance with the conditions set forth in the Distributor's Consent.

Appears in 2 contracts

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

Selected Dealer Agreements. (a) The Distributor shall have the right to enter into selected dealer agreements ("Selected Dealer Agreements") with securities dealers of its choice (the "Selected Dealers") for the sale of Shares. In connection with such sales by Selected Dealers, the Selected Dealer Agreement shall provide that the portion of the Sales Charge which may be allocated to Selected Dealers shall be limited to all or a portion of the Sales Charge as stated in the Fund's then current Prospectus. In making agreements with Selected Dealers, the Distributor shall act only as principal and not as agent for the Funda Portfolio. Shares sold to Selected Dealers shall be for resale by such dealers only at the public offering price(s) set forth in the Prospectus and the Statement of Additional Information. (b) The Distributor shall offer and sell Shares only to such Selected Dealers as are (i) members in good standing of the National Association of Securities Dealers (the "NASD"), or (ii) exempt from membership in the NASD. In any Selected Dealer Agreement, the Distributor shall require the Selected Dealer to obtain the written consent of the Distributor (the "Distributor's Consent") prior to such Selected Dealer's making, causing to be made or otherwise participating, directly or indirectly, in the making of any offer or sale of any of the Funda Portfolio's shares to any individual, corporation, partnership, trust, joint venture, or other person or entity located outside of the United States of America (a "Foreign Offer or Sale"). Such Selected Dealer Agreements shall also provide that any Foreign Offer or Sale shall be made only upon the terms and in accordance with the conditions set forth in the Distributor's Consent.

Appears in 2 contracts

Samples: Distribution Agreement (Navellier Millennium Funds), Distribution Agreement (American Tiger Funds)

AutoNDA by SimpleDocs

Selected Dealer Agreements. (a) The Distributor shall have the right to enter into selected dealer agreements ("Selected Dealer Agreements") with securities dealers of its choice (the "Selected Dealers") for the sale of Shares. In connection with such sales by Selected Dealers, the Selected Dealer Agreement shall provide that the portion of the Sales Charge which may be allocated to Selected Dealers shall be limited to all or a portion of the Sales Charge as stated in the Fund's then current Prospectus. In making agreements with Selected Dealers, the Distributor shall act only as principal and not as agent for the Fundeach Portfolio. Shares sold to Selected Dealers shall be for resale by such dealers only at the public offering price(s) set forth in the Prospectus and the Statement of Additional Information. (b) The Distributor shall offer and sell Shares only to such Selected Dealers as are (i) members in good standing of the National Association of Securities Dealers (the "NASD"), or (ii) exempt from membership in the NASD. In any Selected Dealer Agreement, the Distributor shall require the Selected Dealer to obtain the written consent of the Distributor (the "Distributor's Consent") prior to such Selected Dealer's making, causing to be made or otherwise participating, directly or indirectly, in the making of any offer or sale of any of the Funda Portfolio's shares to any individual, corporation, partnership, trust, joint venture, or other person or entity located outside of the United States of America (a "Foreign Offer or Sale"). Such Selected Dealer Agreements shall also provide that any Foreign Offer or Sale shall be made only upon the terms and in accordance with the conditions set forth in the Distributor's Consent.

Appears in 2 contracts

Samples: Distribution Agreement (Navellier Millennium Funds), Distribution Agreement (American Tiger Funds)

Selected Dealer Agreements. (a) The Distributor shall have the right to enter into selected dealer agreements ("Selected Dealer Agreements") with securities dealers of its choice (the "Selected Dealers") for the sale of Shares. In connection with such sales by Selected Dealers, the Selected Dealer Agreement shall provide that the portion of the Sales Charge which may be allocated to Selected Dealers shall be limited to all or a portion of the Sales Charge as stated in the FundPortfolio's then current Prospectus. In making agreements with Selected Dealers, the Distributor shall act only as principal and not as agent for the FundPortfolio. Shares sold to Selected Dealers shall be for resale by such dealers only at the public offering price(s) set forth in the Prospectus and the Statement of Additional Information. (b) The Distributor shall offer and sell Shares only to such Selected Dealers as are (i) members in good standing of the National Association of Securities Dealers (the "NASD"), or (ii) exempt from membership in the NASD. In any Selected Dealer Agreement, the Distributor shall require the Selected Dealer to obtain the written consent of the Distributor (the "Distributor's Consent") prior to such Selected Dealer's making, causing to be made or otherwise participating, directly or indirectly, in the making of any offer or sale of any of the Fund's shares to any individual, corporation, partnership, trust, joint venture, or other person or entity located outside of the United States of America (a "Foreign Offer or Sale"). Such Selected Dealer Agreements shall also provide that any Foreign Offer or Sale shall be made only upon the terms and in accordance with the conditions set forth in the Distributor's Consent.

Appears in 1 contract

Samples: Distribution Agreement (American Tiger Funds)

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