Common use of Solicitation of Orders Clause in Contracts

Solicitation of Orders. In consideration of the rights granted to the Distributor under this Agreement, the Distributor will use its best efforts (but only in jurisdictions in which the Distributor may lawfully do so) to obtain from investors unconditional orders for Shares authorized for issuance by the Fund and registered under the Securities Act, provided that the Distributor may in its discretion reject any order to purchase Shares or cancel any sale if payment for any purchase order is not received in accordance with the terms of the prospectus. This does not obligate the Distributor to register or maintain its registration as a broker or dealer under the securities laws of any jurisdiction if, in the discretion of the Distributor, registration is not practical or feasible. The Fund shall make available to the Distributor at the expense of the Distributor the number of copies of the Fund's then effective prospectus as the Distributor reasonably requests. The Fund shall furnish to the Distributor copies of all information, financial statements, statements of additional information, and other papers the Distributor reasonably requests for use in connection with the distribution of Shares.

Appears in 30 contracts

Samples: Distribution Agreement (Columbia Daily Income Co), Distribution Agreement (Columbia Strategic Value Fund Inc), Distribution Agreement (Columbia Small Cap Fund Inc)

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Solicitation of Orders. In consideration of the rights granted to the Distributor under this Agreement, the Distributor will use its best efforts (but only in jurisdictions in which the Distributor may lawfully do so) to obtain from investors unconditional orders for Shares authorized for issuance by the Fund Trust and registered under the Securities Act, provided that the Distributor may in its discretion reject any order to purchase Shares or cancel any sale if payment for any purchase order is not received in accordance with the terms of the prospectus. This does not obligate the Distributor to register or maintain its registration as a broker or dealer under the securities laws of any jurisdiction if, in the discretion of the Distributor, registration is not practical or feasible. The Fund Trust shall make available to the Distributor at the expense of the Distributor the number of copies of the FundTrust's then effective prospectus as the Distributor reasonably requests. The Fund Trust shall furnish to the Distributor copies of all information, financial statements, statements of additional information, and other papers the Distributor reasonably requests for use in connection with the distribution of Shares.

Appears in 1 contract

Samples: Distribution Agreement (CMC Fund Trust)

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