Duties of Each Fund. (a) Each Fund shall furnish to the Distributor copies of all information, financial statements and other papers which the Distributor may reasonably request for use in connection with the distribution of Shares of that Fund, and this shall include, upon request by the Distributor, one certified copy of all financial statements prepared for the Fund by independent public accountants. Each Fund shall make available to the Distributor such number of copies of the prospectus and statement of additional information as the Distributor shall reasonably request.
Duties of Each Fund. (a) The Managing Owner, on behalf of each Fund, agrees that it will take all reasonable action necessary to monitor available Shares registered by each Fund and to register additional Shares of a Fund pursuant to the 1933 Act as may be required from time to time. The Managing Owner will make available to the Distributor such number of copies of each Fund’s then currently effective Prospectus and product description as the Distributor may reasonably request. The Managing Owner will furnish to the Distributor copies of annual audited reports of each Fund made by independent public accountants regularly retained by the Funds and such other publicly available information that the Distributor may reasonably request for use in connection with the distribution of Baskets. The Managing Owner shall keep the Distributor informed of the jurisdictions in which it has filed notice filings for Shares for sale on behalf of each Fund under the securities laws thereof and shall promptly notify the Distributor of any change in this information. The Distributor shall not be liable for damages resulting from the sale of Shares in authorized jurisdictions where the Distributor had no information from the Managing Owner that such sale or sales were unauthorized at the time of such sale or sales.
Duties of Each Fund. (a) The Managing Owner, on behalf of each Fund, agrees that it will take all reasonable action necessary to monitor available Shares registered by each Fund and to register additional Shares of a Fund pursuant to the 1933 Act as may be required from time
Duties of Each Fund. (a) Each Fund agrees to sell its Shares so long as it has Shares available for sale except for such times at which the sale of Shares of that Fund has been suspended by order of the Trustees or order of the Securities and Exchange Commission; and to deliver certificates (if any) for, or cause the Funds' transfer and dividend disbursing agent to issue confirmations evidencing, such Shares registered in such names and amounts as the Distributor has requested in writing, as promptly as practicable after receipt by that Fund of payment therefor at the net asset value thereof and written request of the Distributor therefor.
Duties of Each Fund. 2.1. Each Fund agrees to pay all costs and expenses in connection with the registration of its shares under the 1933 Act and all expenses in connection with maintaining facilities for the issue and transfer of shares and for supplying information, prices and other data to be furnished by the Fund hereunder, and all expenses in connection with the preparation and printing of the Fund's prospectus and statement of additional information for regulatory purposes and for distribution to shareholders; provided however, that the Fund shall not pay any of the costs of advertising or promotion for the sale of shares, except as authorized by a plan adopted pursuant to Rule 12b-1 under the 1940 Act. FDI shall also be entitled to compensation for FDI's services as provided in any distribution plan adopted as to any series and class of the Fund's shares pursuant to Rule 12b-1.
Duties of Each Fund
