Common use of Terms and Conditions of Sales Clause in Contracts

Terms and Conditions of Sales. Shares of the Funds shall be offered for sale only in those jurisdictions where they have been properly registered or are exempt from registration, and only to those groups of people which the Board of Trustees may from time to time determine to be eligible to purchase such shares.

Appears in 15 contracts

Samples: Distribution Agreement (Templeton Global Investment Trust), Distribution Agreement (Templeton Global Investment Trust), Distribution Agreement (Templeton Income Trust)

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Terms and Conditions of Sales. Shares of the Funds Fund shall be offered for sale only in those jurisdictions where they have been properly registered or are exempt from registration, and only to those groups of people which the Board of Trustees Managing General Partners may from time to time determine to be eligible to purchase such sharesShares, and subject to the terms and requirements as set forth in our current prospectus.

Appears in 3 contracts

Samples: Distribution Agreement (Franklin Tax Advantaged International Bond Fund), Distribution Agreement (Franklin Tax Advantaged U S Government Securities Fund), Distribution Agreement (Franklin Tax Advantaged High Yield Securities Fund)

Terms and Conditions of Sales. Shares of the Funds shall be offered for sale only in those jurisdictions where they have been properly registered or are exempt from registration, and only to those groups of people which that the Board of Trustees may from time to time determine to be eligible to purchase such sharesShares.

Appears in 2 contracts

Samples: Distribution Agreement (Templeton China World Fund Inc), Distribution Agreement (Templeton China World Fund)

Terms and Conditions of Sales. Shares of the Funds Fund shall be offered for sale only in those jurisdictions where they have been properly registered or are exempt from registration, and only to those groups of people which the Board of Trustees Directors may from time to time determine to be eligible to purchase such shares.

Appears in 1 contract

Samples: Distribution Agreement (Franklin Tax Exempt Money Fund)

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Terms and Conditions of Sales. Shares of the Funds shall be offered for sale only in those jurisdictions where they have been properly registered or are exempt from registration, and only to those groups of people which the Board of Trustees Directors may from time to time determine to be eligible to purchase such shares.

Appears in 1 contract

Samples: Distribution Agreement (Templeton Institutional Funds Inc)

Terms and Conditions of Sales. Shares of the Funds shall be offered for sale only in those jurisdictions where they have been properly registered or are exempt from registration, and only to those groups of people which the Board of Trustees may from time to time determine to be eligible to purchase such shares. 5.

Appears in 1 contract

Samples: Distribution Agreement (Templeton Income Trust)

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