Common use of Share Qualification Clause in Contracts

Share Qualification. The Company agrees to take or cause to be taken all requisite steps to qualify the Shares for sale in all states in which the Shares shall at the time be offered for sale and require qualification. If the Company receives notice of any stop order or other proceeding in any such state affecting such qualification or the sale of Shares, or of any stop order or other proceeding under the federal securities laws affecting the sale of Shares, the Company will give prompt notice thereof to UMBFS.

Appears in 5 contracts

Samples: Transfer Agency Agreement (Fpa New Income Inc), Transfer Agency Agreement (Fpa Paramount Fund Inc), Transfer Agency Agreement (Fpa Capital Fund Inc)

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Share Qualification. The Company Corporation agrees to take or cause to be taken all requisite steps to qualify the Shares for sale in all states in which the Shares shall at the time be offered for sale and require qualification. If the Company Corporation receives notice of any stop order or other proceeding in any such state affecting such qualification or the sale of Shares, or of any stop order or other proceeding under the federal securities laws affecting the sale of Shares, the Company Corporation will give prompt notice thereof to UMBFS.

Appears in 2 contracts

Samples: Form of Transfer Agency Agreement (Columbus Funds Inc), Transfer Agency Agreement (Columbus Funds Inc)

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