Common use of Solicitation of Orders Clause in Contracts

Solicitation of Orders. In consideration of the rights granted to the Distributor under this Agreement, Distributor will use its best efforts (but only in states in which Distributor may lawfully do so) to facilitate investors’ placement of orders for Shares authorized for issuance by the Corporation, on behalf of each Fund and registered under SA-33, provided that Distributor may in its discretion reject any order to purchase Shares by an Authorized Participant. This does not obligate the Distributor to register or maintain its registration as a broker or dealer under the state securities laws of any jurisdiction if, in the discretion of the Distributor, such registration is not practical or feasible. Each Fund shall make available to the Distributor at the expense of the Distributor such number of copies of the Fund’s currently effective prospectus as the Distributor may reasonably request. Each Fund shall furnish to the Distributor copies of all information, financial statements, and other papers which the Distributor may reasonably request for use in connection with the distribution of Shares. With respect to all OUS Activities, the Distributor shall require the applicable Foreign Affiliate to comply with all country-specific laws, regulations, and licensing and registration requirements. 3. Paragraph 7 of each Agreement is amended to read as follows:

Appears in 5 contracts

Samples: Underwriting Agreement (T. Rowe Price Exchange-Traded Funds, Inc.), Underwriting Agreement (T. Rowe Price Exchange-Traded Funds, Inc.), Underwriting Agreement (T. Rowe Price Exchange-Traded Funds, Inc.)

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Solicitation of Orders. In consideration of the rights granted to the Distributor under this Agreement, Distributor will use its best efforts (but only in states in which Distributor may lawfully do so) to facilitate investors’ placement of obtain from investors unconditional orders for Shares authorized for issuance by the Corporation, on behalf of each Fund the Funds, and registered under SA-33, provided that Distributor may in its discretion reject any order to purchase Shares by an Authorized ParticipantShares. This does not obligate the Distributor to register or maintain its registration as a broker or dealer under the state securities laws of any jurisdiction if, in the discretion of the Distributor, such registration is not practical or feasible. Each Fund The Funds shall make available to the Distributor at the expense of the Distributor such number of copies of the Fund’s Funds’ currently effective prospectus prospectuses as the Distributor may reasonably request. Each Fund The Funds shall furnish to the Distributor copies of all information, financial statements, and other papers which the Distributor may reasonably request for use in connection with the distribution of Shares. With respect to all OUS ActivitiesFor any solicitations of orders outside the United States, the Distributor shall require the applicable Foreign Affiliate to comply with all country-specific laws, regulations, and licensing and registration requirements. 3. Paragraph 7 of each Agreement is amended to read as follows:

Appears in 1 contract

Samples: Underwriting Agreement (T. Rowe Price State Tax-Free Income Trust)

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