Common use of Use of Sub-Agents; Non-exclusivity Clause in Contracts

Use of Sub-Agents; Non-exclusivity. The Distributor may employ Sub-Agents, including one or more participating brokers or introducing brokers, for the purposes of selling Shares, as the Distributor, in its sole discretion, deems advisable or desirable. Such arrangements shall be agreed to and evidenced in writing by the Distributor and the respective Sub-Agent. The Distributor may also enter into similar arrangements with other issuers and, except to the extent necessary to perform its obligations hereunder, nothing herein shall be deemed to limit or restrict the right of the Distributor, or any affiliate of the Distributor, or any employee of the Distributor, to engage in any other business or to devote time and attention to the management or other aspects of any other business, whether of a similar or dissimilar nature, or to render services of any kind to any other corporation, firm, individual or association.

Appears in 13 contracts

Samples: Distribution Agreement (Highland Global Allocation Fund), Distribution Agreement (Nexpoint Event-Driven Fund), Distribution Agreement (Highland Floating Rate Opportunities Fund Ii)

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Use of Sub-Agents; Non-exclusivity. The Distributor may employ Sub-Agents, including one or more participating brokers or introducing brokers, for the purposes of selling SharesShares of the Portfolios, as the Distributor, in its sole discretion, deems advisable or desirable. Such arrangements shall be agreed to and evidenced in writing by the Distributor and the respective Sub-Agent. The Distributor may also enter into similar arrangements with other issuers and, except to the extent necessary to perform its obligations hereunder, nothing herein shall be deemed to limit or restrict the right of the Distributor, or any affiliate of the Distributor, or any employee of the Distributor, to engage in any other business or to devote time and attention to the management or other aspects of any other business, whether of a similar or dissimilar nature, or to render services of any kind to any other corporation, firm, individual or association.

Appears in 2 contracts

Samples: Distribution Agreement (Forward Funds), Distribution Agreement (Forward Funds)

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Use of Sub-Agents; Non-exclusivity. The Distributor may employ Subsuch sub-Agentsagents, including one or more participating brokers, introducing brokers or introducing brokersother financial intermediaries, for the purposes of selling Shares, shares of the Trust as the Distributor, in its sole discretion, deems shall deem advisable or desirable. Such arrangements shall be agreed to and evidenced in writing by the Distributor and the respective Sub-Agent. The Distributor has entered and may also in the future enter into similar arrangements with other issuers and, except to the extent necessary to perform its obligations hereunder, nothing herein shall be deemed to limit or restrict the right of the Distributor, or any affiliate of the Distributor, or any employee of the Distributor, to engage in any other business or to devote time and attention to the management or other aspects of any other business, whether of a similar or dissimilar nature, or to render services of any kind to any other corporation, firm, individual or association.

Appears in 1 contract

Samples: Distribution Agreement (Allianz RCM Global EcoTrends Fund)

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