Selected Dealer definition

Selected Dealer shall have the same meaning in this Agreement as in the Distribution Agreement. As principal, we offer to sell shares to you, as a Selected Dealer, upon the following terms and conditions:

Selected Dealer means a member in good standing of the National Association of Securities Dealers, Inc. which has been selected by the Dealer Manager to offer and sell the Depositary Units.

Selected Dealer shall have the meaning ascribed to such term in Section 6.1.

Examples of Selected Dealer in a sentence

• Notwithstanding anything to the contrary contained herein, if any Underwriter, Selected Dealer or Controlling Person shall assume the defense of such action as provided above, the Company shall have the right to approve the terms of any settlement of such action which approval shall not be unreasonably withheld.

• Notwithstanding anything to the contrary contained herein, if the Underwriter, Selected Dealer or controlling person shall assume the defense of such action as provided above, the Company shall have the right to approve the terms of any settlement of such action which approval shall not be unreasonably withheld.

• In such event the Distributor shall obtain from the Selected Dealer and maintain a record of such registration instructions and payments.

• The Distributor shall obtain from the Selected Dealer, and shall maintain, a record of such orders.

• The Distributor is further authorized to obtain from the Fund, and shall maintain, a record of payment made directly to the Selected Dealer on behalf of the Distributor.

More Definitions of Selected Dealer

Selected Dealer have the meanings set forth in Section 2.3.

Selected Dealer as used herein shall include the Managing Dealer and other selected dealers as part of the selling group. All Selected Dealers shall be bound by this Agreement. However, for purposes of communications and directives, the Escrow Agent need only accept instructions from the Managing Dealer, as the representative of the Selected Dealers.

Selected Dealer means the Managing Dealer and the other selected dealers that form a part of the selling group for the Offering.

Selected Dealer shall have the same meaning in this Agreement as in the Distribution Agreement. As principal, we offer to sell shares to you, as a Selected Dealer, upon the following terms and conditions: 1. In all sales of Shares to the public you shall act as dealer for your own account, and in no transaction shall you have any authority to act as agent for the Fund, for us or for any Selected Dealer. 2. Orders received from you will be accepted through us or on our behalf only at the net asset value applicable to each order, as set forth in the current Prospectus. The procedure relating to the handling of orders shall be subject to instructions which we or the Fund shall forward from time to time to you. All orders are subject to acceptance or rejection by the Distributor or the Fund in the sole discretion of either.

Selected Dealer as used herein shall include the Underwriter and other co-underwriters and/or other Selected Dealers as part of the Selling Group. All Selected Dealers shall be bound by this Agreement. However, for purposes of communications and directives, the Escrow Agent need only accept those signed by Andrew Garrett, Inc.

Selected Dealer means a person or entity which is a member of the NASDR and which is selected by the Placement Agent pursuant to this Placement Agent Agreement to assist the Placement Agent in the Offering.

Selected Dealer shall have the meaning ascribed thereto in Subsection 1(2) of this Agreement and, for greater certainty, shall include Paramount Capital, Inc.