EXHIBIT ITEM 23(l)
Purchase Agreement
INVESTMENT LETTER
XXXXXXXX CASH MANAGEMENT FUND, INC.
Xxxxxxxx Cash Management Fund, Inc. (the "Fund"), an open-end diversified
management investment company, and the undersigned ("Purchaser"), intending to
be legally bound, hereby agree as follows:
1. The Fund hereby sells to Purchaser and Purchaser purchases such number of
Class I shares (the "Shares") of Capital Stock (par value $.01) of the Fund
corresponding to a $1,000.00 investment, at a price per share equivalent to
the net asset value of one Class A share of the Fund as of the close of
business on November 30, 2001 (the "Purchase Date"). The Fund hereby
acknowledges receipt from Purchaser of funds in the amount of $1,000.000 in
full payment for the Shares.
2. Purchaser represents and warrants to the Fund that the Shares are being
acquired for investment and not with a view to distribution thereof, and
that Purchaser has no present intention to redeem or dispose of the Shares.
IN WITNESS WHEREOF, the parties have executed this agreement as of the Purchase
Date.
XXXXXXXX CASH MANAGEMENT FUND, INC.
By: /s/ Xxxxxxxx X. Xxxxx
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Name: Xxxxxxxx X. Xxxxx
Title: Vice President
XXXXXXXX ADVISORS, INC.
By: /s/ Xxxxxxx X. Xxxxxxx
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Name: Xxxxxxx X. Xxxxxxx
Title: President
