Common use of Basis of Purchases and Sales of Shares Clause in Contracts

Basis of Purchases and Sales of Shares. U.S. Boston Capital’s obligation to sell shares hereunder shall be on a best efforts basis only and U.S. Boston Capital shall not be obligated to sell any specific number of shares. Shares will be sold by U.S. Boston Capital only against orders therefor. U.S. Boston Capital will not purchase shares from anyone other than the Trust except in accordance with Section 5, and will not take “long” or “short” positions in shares contrary to the Agreement and Declaration of Trust of the Trust.

Appears in 7 contracts

Samples: Terms and Conditions of Distribution Agreement (Quantitative Group of Funds), Distribution Agreement (Quantitative Group of Funds), Distribution Agreement (Quantitative Group of Funds)

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Basis of Purchases and Sales of Shares. U.S. Boston Capital’s 's obligation ---------------------------------------- to sell shares hereunder shall be on a best efforts basis only and U.S. Boston Capital shall not be obligated to sell any specific number of shares. Shares will be sold by U.S. Boston Capital only against orders therefor. U.S. Boston Capital will not purchase shares from anyone other than the Trust except in accordance with Section 5, and will not take "long" or "short" positions in shares contrary to the Agreement and Declaration of Trust of the Trust.

Appears in 1 contract

Samples: Distribution Agreement (Quantitative Group of Funds)

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Basis of Purchases and Sales of Shares. U.S. Boston Capital’s 's obligation to sell shares hereunder shall be on a best efforts basis only and U.S. Boston Capital shall not be obligated to sell any specific number of shares. Shares will be sold by U.S. Boston Capital only against orders therefor. U.S. Boston Capital will not purchase shares from anyone other than the Trust except in accordance with Section 5, and will not take "long" or "short" positions in shares contrary to the Agreement and Declaration of Trust of the Trust.

Appears in 1 contract

Samples: Distribution Agreement (Quantitative Group of Funds)

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