Common use of Distribution Arrangements Clause in Contracts

Distribution Arrangements. Subject to compliance with the 1940 Act, the Board of Trustees may authorize the Trust to retain underwriters and/or placement agents to sell Shares and other securities of the Trust. The Board of Trustees may in its discretion from time to time authorize the Trust to enter into one or more contracts, providing for the sale of securities of the Trust, whereby the Trust may either agree to sell such securities to the other party to the contract or appoint such other party its sales agent for such securities. In either case, the contract shall be on such terms and conditions as the Board of Trustees may in its discretion determine not inconsistent with the provisions of this Article IV or the Bylaws; and such contract may also provide for the repurchase or sale of securities of the Trust by such other party as principal or as agent of the Trust and may provide that such other party may enter into selected dealer agreements with registered securities dealers and brokers and servicing and similar agreements with persons who are not registered securities dealers to further the purposes of the distribution or repurchase of the securities of the Trust.

Distribution Arrangements. Subject to compliance with the 1940 Act, the Board of Trustees may authorize the Trust to retain underwriters and/or placement agents dealer managers and/or participating broker-dealers to sell Shares and other securities of the Trust. The Board of Trustees may in its their discretion from time to time authorize the Trust to enter into one or more contracts, providing for the sale of securities of the Trust, whereby the Trust may either agree to sell such securities to the other party to the contract or appoint such other party its sales agent for such securities. In either case, the contract shall be on such terms and conditions as the Board of Trustees may in its their discretion determine not inconsistent with the provisions of this Article IV or the BylawsBy-Laws; and such contract may also provide for the repurchase or sale of securities of the Trust by such other party as principal or as agent of the Trust and may provide that such other party may enter into selected dealer participating broker agreements with registered securities dealers and brokers and servicing and similar agreements with persons who are not registered securities dealers to further the purposes of the distribution or repurchase of the securities of the Trust.

Distribution Arrangements. Subject to compliance with the 1940 Act, the Board of Trustees may authorize the Trust to retain underwriters and/or placement agents to sell Shares Trust Units and other securities of the Trustdebt instruments. The Board of Trustees may in its their discretion from time to time authorize the Trust to enter into one or more contracts, providing for the sale of securities the Units and debt instruments of the Trust, whereby the Trust may either agree to sell such securities Units or debt instruments to the other party to the contract or appoint such other party its sales agent for such securitiesUnits. In either case, the contract shall be on such terms and conditions as the Board of Trustees may in its their discretion determine not inconsistent with the provisions of this Article IV or the BylawsBy-Laws; and such contract may also provide for the repurchase or sale of securities Units or debt instruments of the Trust by such other party as principal or as agent of the Trust and may provide that such other party may enter into selected dealer agreements with registered securities dealers and brokers and servicing and similar agreements with persons who are not registered securities dealers to further the purposes of the distribution or repurchase of the securities Units or debt instruments of the Trust.

Distribution Arrangements. Subject to compliance with the 1940 Act, the Board of Trustees may authorize the Trust to retain underwriters underwriters, placement agents and/or placement other distribution agents to sell Trust Shares and or other securities of the Trust. The Board of Trustees may in its discretion discretion, from time to time authorize the Trust to time, enter into one or more contracts, providing for the sale of securities of the Trust, whereby the Trust may either agree to sell such securities Shares to the other party to the contract or appoint such other party its sales agent for such securitiesShares. In either case, the contract shall be on such terms and conditions as the Board of Trustees may in its discretion determine determine, not inconsistent with the provisions of this Article IV or the BylawsBy-Laws; and such contract may also provide for the repurchase or sale of securities Shares of the Trust by such other party as principal or as agent of the Trust and may provide that such other party may enter into selected dealer agreements with registered securities dealers and brokers and servicing and similar agreements with persons who are not registered securities dealers to further the purposes of the distribution or repurchase of the securities of the Trust.

Distribution Arrangements. Subject to compliance with the 1940 Act, the Board of Trustees may authorize the Trust to retain underwriters underwriters, placement agents and/or placement other distribution agents to sell Trust Shares and or other securities of the Trust. The Board of Trustees may in its discretion discretion, from time to time authorize the Trust to time, enter into one or more contracts, contracts providing for the sale of securities of the Trust, whereby the Trust may either agree to sell such securities Shares to the other party to the contract or appoint such other party its sales agent for such securitiesShares. In either case, the contract shall be on such terms and conditions as the Board of Trustees may in its discretion determine determine, not inconsistent with the provisions of this Article IV or the BylawsBy-Laws; and such contract may also provide for the repurchase or sale of securities Shares of the Trust by such other party as principal or as agent of the Trust and may provide that such other party may enter into selected dealer agreements with registered securities dealers and brokers and servicing and similar agreements with persons Persons who are not registered securities dealers to further the purposes of the distribution or repurchase of the securities of the Trust.

Distribution Arrangements. Subject to compliance with the 1940 Act, the Board of Trustees may authorize the Trust to retain underwriters and/or placement agents to sell Trust Shares and other securities of the Trustdebt instruments. The Board of Trustees may in its their discretion from time to time authorize the Trust to enter into one or more contracts, providing for the sale of securities the Shares and debt instruments of the Trust, whereby the Trust may may-either agree to sell such securities Shares or debt instruments to the other party to the contract or appoint such other party its sales agent for such securitiesShares. In either case, the contract shall be on such terms and conditions as the Board of Trustees may in its their discretion determine not inconsistent with the provisions of this Article IV or the BylawsBy-Laws; and such contract may also provide for the repurchase or sale of securities Shares or debt instruments of the Trust by such other party as principal or as agent of the Trust and may provide that such other party may enter into selected dealer agreements with registered securities dealers and brokers and servicing and similar agreements with persons who are not registered securities dealers to further the purposes of the distribution or repurchase of the securities Shares or debt instruments of the Trust.

Distribution Arrangements. Subject to compliance with the 1940 Act, the Board of Trustees may authorize the Trust to retain underwriters and/or placement or selling agents to sell Shares and other securities of the Trust. The Board of Trustees may in its their discretion from time to time authorize enter, or cause the Trust to enter enter, into one or more contractsagreements, providing for the sale of securities of the Trust, whereby the Trust may either agree to sell such securities to the other party to the contract agreement or appoint such other party its sales agent for such securities. In either case, the contract agreement shall be on such terms and conditions as the Board of Trustees may in its their discretion determine not inconsistent with the provisions of this Article IV or the BylawsBy-Laws; and such contract agreement may also provide for the repurchase or sale of securities of the Trust by such other party as principal or as agent of the Trust and may provide that such other party may enter into selected dealer agreements with registered securities dealers and brokers and servicing and similar agreements with persons who are not registered securities dealers to further the purposes of the distribution or repurchase of the securities of the Trust.