Settlement and Delivery for Purchases. Transactions shall be settled by Dealer by payment in federal funds of the full purchase price to the Fund’s transfer agent in accordance with applicable procedures. If payment for Shares is not received by the Fund’s transfer agent within the time specified, the sale may be canceled forthwith without any responsibility or liability on Quasar’s part or on the part of the Fund to Dealer or its Customers. In addition, Dealer will be responsible to the Fund and/or Quasar for any losses suffered on the transaction.
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Samples: Dealer Agreement (Thompson Im Funds Inc), Dealer Agreement (Thompson Im Funds Inc), Dealer Agreement (Thompson Im Funds Inc)
Settlement and Delivery for Purchases. Transactions shall be settled by Dealer by payment in federal funds of the full purchase price to the Fund’s 's transfer agent in accordance with applicable procedures. If payment for Shares is not received by the Fund’s 's transfer agent within the time specified, the sale may be canceled forthwith without any responsibility or liability on Quasar’s 's part or on the part of the Fund to Dealer or its Customers. In addition, Dealer will be responsible to the Fund and/or Quasar for any losses suffered on the transaction.
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