Selected Dealers Agreements. (a) The Distributor shall have the right to enter into selected dealer agreements with Selected Dealers for the sale of Shares. In making agreements with Selected Dealers, the Distributor shall act only as principal and not as agent for a Fund. Shares sold to Selected Dealers shall be for resale by such dealers only at the public offering price set forth in the Prospectus. With respect to Class A Shares, in such agreement the Distributor shall have the right to fix the portion of the applicable front-end sales charge which may be allocated to the Selected Dealers.
Selected Dealers Agreements. (a) The Distributor shall have the right to enter into selected dealer agreements with Selected Dealers for the sale of Shares. In making agreements with Selected Dealers, the Distributor shall act only as principal and not as agent for a Fund. Shares sold to Selected Dealers shall be for resale by such dealers only at the public offering price set forth in the Prospectus. With respect to Class A Shares, in such agreement the Distributor shall have the right to fix the portion of the applicable front-end sales charge which may be allocated to the Selected Dealers. (b) Within the United States, the Distributor shall offer and sell Shares only to Selected Dealers that are members in good standing of the NASD. (c) The Distributor shall adopt and follow procedures, as approved by each Fund, for the confirmation of sales of its Shares to investors and Selected Dealers, the collection of amounts payable by investors and Selected Dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the NASD, as such requirements may from time to time exist. SECTION 8.
Selected Dealers Agreements. (a) The Distributor shall have the right to enter into selected dealers agreements with securities dealers of its choice ("selected dealers") for the sale of Class A shares and fix therein the portion of the sales charge which may be allocated to the selected dealers; provided that the Fund shall approve the forms of agreements with such selected dealers and the dealer compensation set forth therein. Class A shares sold to selected dealers shall be resold by such dealers only at the public offering price(s) set forth in the prospectus and statement of additional information. The form of agreement with selected dealers to be used in connection with the continuous offering of the Class A shares is attached hereto as Exhibit A.
Selected Dealers Agreements. (a) The Distributor shall have the right to enter into selected dealers agreements with Selected Dealers for the sale of Shares. In making agreements with Selected Dealers, the Distributor shall act only as principal and not as agent for the Fund. Shares sold to Selected Dealers shall be for resale by such dealers only at the public offering price set forth in the Prospectus.
Selected Dealers Agreements. (a) The Distributor shall have the right to enter into selected dealers agreements with securities dealers of its choice ("selected dealers") for the sale of Class C shares; provided that the Fund shall approve the forms of agreements with such selected dealers. Class C shares sold to selected dealers shall be resold by such dealers only at the net asset value determined as set forth in Section 3(b) hereof. The initial form of agreement with selected dealers to be used in connection with the continuous offering of Class B shares is attached hereto as Exhibit A.
Selected Dealers Agreements. (a) The Distributor shall have the right to enter into selected dealers agreements with securities dealers of its choice ("selected dealers") for the sale of Class A shares and fix therein the portion of the sales charge which may be allocated to the selected dealers; provided that the Fund shall approve the forms of agreements with dealers and the dealer compensation set forth therein. Class A shares sold to selected dealers shall be for resale by such dealers only at the public offering price(s) set forth in the prospectus and statement of additional information. The form of agreement with selected dealers to be used during the subscription period described in Section 3(a) is attached hereto as Exhibit A and the initial form of agreement with selected dealers to be used in the continuous offering of the Class A shares is attached hereto as Exhibit B.
Selected Dealers Agreements. The Distributor shall have the right to enter into selected dealer agreements with securities dealers of its choice (“Selected Dealers”) for the sale of shares of the Common Stock; provided that the Fund shall approve the forms of agreements with dealers and the dealer compensation set forth therein and that such dealers must have a branch office in Puerto Rico and agree to sell the Common Stock exclusively from such branch office in Puerto Rico. Common Stock sold to Selected Dealers shall be for resale by such dealers at the public offering price(s) set forth in the Prospectus. The form of agreement with Selected Dealers to be used during the subscription period described in Section 3(a) is attached hereto as Exhibit A and the initial form of agreement with Selected Dealers to be used in the continuous offering of the Common Stock of the Fund is attached hereto as Exhibit B.
Selected Dealers Agreements. (a) The Distributor shall have the right to enter into selected dealers agreements with securities dealers of its choice
Selected Dealers Agreements. (a) The Distributor shall have the right to enter into selected dealers agreements with securities dealers of its choice ("selected dealers") for the sale of shares; provided that the Trust shall approve the forms of agreements with dealers. Shares sold to selected dealers shall be for resale by such dealers only at net asset value determined as set forth in Section 3(d) hereof. The form of agreement with selected dealers to be used during the subscription period described in Section 3(a) with respect to shares of the first Series of the Trust, designated Merrxxx Xxxcx Xxxifornia Tax-Exempt Fund is attached hereto as Exhibit A. and the initial form of agreement with selected dealers to be used in the continuous offering of such shares is attached hereto as Exhibit B.
Selected Dealers Agreements. (a) The Distributor shall have the right to enter into selected dealers agreements with securities dealers of its choice selected dealers') for the sale of shares; provided that the Trust shall approve the forms of agreements with dealers. Shares sold to selected dealers shall be for resale by such dealers only at net asset value determined as set forth in Section 3(d) hereof. The form of agreement with selected dealers to be used during the subscription period described in Section 3(a) with respect to shares of the first Series of the Trust, designated Merrxxx Xxxcx Xxxicipal Income Fund is attached hereto as Exhibit A and the initial form of agreement with selected dealers to be used in the continuous offering of such shares is attached hereto as Exhibit B. 10 (b) Within the United States, the Distributor shall offer and sell shares only to such selected dealers as are members in good standing of the NASD.
