Common use of Withdrawal of Offering Clause in Contracts

Withdrawal of Offering. The Trust reserves the right at any time to withdraw all offerings of any or all Shares by written notice to TORS at its principal office. No Shares shall be offered by either TORS or the Trust under any provisions of this agreement and no orders for the purchase of Shares hereunder shall be accepted by the Trust if and so long as effectiveness of the Registration Statement then in effect or any necessary amendments thereto shall be suspended under any of the provisions of the Securities Act, or if and so long as a current prospectus as required by Section 5(b)(2) of the Securities Act is not on file with the SEC.

Appears in 2 contracts

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

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Withdrawal of Offering. The Trust Fund reserves the right at any time to withdraw all offerings of any or all Shares by written notice to TORS at its principal office. No Shares shall be offered by either TORS or the Trust Fund under any provisions of this agreement and no orders for the purchase of Shares hereunder shall be accepted by the Trust Fund if and so long as effectiveness of the Registration Statement then in effect or any necessary amendments thereto shall be suspended under any of the provisions of the Securities Act, or if and so long as a current prospectus as required by Section 5(b)(2) of the Securities Act is not on file with the SEC.

Appears in 1 contract

Samples: Distribution Agreement (Builders Fixed Income Fund Inc)

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Withdrawal of Offering. The Trust reserves the right at any time to withdraw all offerings of any or all Shares by written notice to TORS T.O.R. at its principal office. No Shares shall be offered by either TORS T.O.R. or the Trust under any provisions of this agreement and no orders for the purchase of Shares hereunder shall be accepted by the Trust if and so long as effectiveness of the Registration Statement then in effect or any necessary amendments thereto shall be suspended under any of the provisions of the Securities Act, or if and so long as a current prospectus as required by Section 5(b)(2) of the Securities Act is not on file with the SEC.

Appears in 1 contract

Samples: Distribution Agreement (Simms Funds)

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