Xxxx and Payment. Section 11.1. Interests of the Fund may be subject to a sales load and may be subject to the imposition of a sales load. To the extent that Interests of the Fund are sold at an offering price which includes a sales load or are subject to a front-end sales load in accordance with the Prospectus, such Interests shall hereinafter be referred to collectively as “Load Interests.” If the Fund issues Load Interests, it shall be referred to as a “Load Fund.” Under this Agreement, the following provisions shall apply with respect to the sale of, and payment for, Load Interests.
Appears in 5 contracts
Samples: Distribution Agreement (PNC Long-Short Fund LLC), Distribution Agreement (PNC Absolute Return TEDI Fund LLC), Distribution Agreement (PNC Absolute Return TEDI Fund LLC)
