Common use of Duties of the Distributor Clause in Contracts

Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to its duties hereunder. The services of the Distributor to the Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations with respect to the Fund hereunder is not impaired thereby.

Appears in 35 contracts

Samples: Distribution Agreement (Center Coast MLP & Infrastructure Fund), Distribution Agreement (Ares Private Markets Fund), Distribution Agreement (XAI Octagon Floating Rate & Alternative Income Term Trust)

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Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort use its best efforts to perform its duties hereunder. The services of the Distributor to the Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations with respect to the Fund hereunder is not impaired thereby.

Appears in 24 contracts

Samples: Distribution Agreement (RiverNorth Managed Duration Municipal Income Fund II, Inc.), Distribution Agreement (Calamos Global Total Return Fund), Distribution Agreement (RiverNorth Flexible Municipal Income Fund II, Inc.)

Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to its duties hereundereffect sales of Shares of each Fund but shall not be obligated to sell any specific number of Shares. The services of the Distributor to the Fund Funds hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations with respect to the Fund hereunder is not impaired thereby.

Appears in 22 contracts

Samples: Distribution Agreement (Merrill Lynch Corporate Bond Fund Inc/Ny), Distribution Agreement (Blackrock Natural Resources Trust), Distribution Agreement (Blackrock Municipal Bond Fund, Inc.)

Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to its duties hereunder. The services of the Distributor to the Fund Trust hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations with respect to the Fund Trust hereunder is not impaired thereby.

Appears in 15 contracts

Samples: Distribution Agreement (BlackRock Hedge Fund Guided Portfolio Solution), Distribution Agreement (Blackrock Core Bond Trust), Distribution Agreement (BlackRock Multi-Sector Opportunities Trust II)

Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to its duties hereunder. The services of the Distributor to the Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations with respect to the Fund hereunder is not impaired thereby.

Appears in 9 contracts

Samples: Distribution Agreement (Multi-Strategy Hedge Opportunities LLC), Distribution Agreement (Multi Strategy Hedge Advantage), Distribution Agreement (Robeco-Sage Multi-Strategy Fund, L.L.C.)

Duties of the Distributor. (a) The Distributor shall devote use its reasonable time and effort best efforts to perform its duties hereunder. The services of the Distributor to the Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations with respect to the Fund hereunder is not impaired thereby.

Appears in 5 contracts

Samples: Distribution Agreement (DoubleLine Opportunistic Credit Fund), Distribution Agreement (DoubleLine Income Solutions Fund), Distribution Agreement (DoubleLine Income Solutions Fund)

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Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to its duties hereunder. The services of the Distributor to the a Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations with respect to the a Fund hereunder is not impaired thereby.

Appears in 2 contracts

Samples: Form of Distribution Agreement (BlackRock Alternatives Allocation Portfolio LLC), Distribution Agreement (BlackRock Alternatives Allocation TEI Portfolio LLC)

Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to performing its duties hereunder. The services of the Distributor to the Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations with respect to the Fund hereunder is not impaired thereby.

Appears in 2 contracts

Samples: Form of Distribution Agreement (AllianzGI Convertible & Income Fund), Form of Distribution Agreement (AllianzGI Convertible & Income Fund II)

Duties of the Distributor. (a) The Distributor shall devote reasonable time and effort to its duties hereunder. The services of the Distributor to the Fund Company hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations with respect to the Fund hereunder is not impaired thereby.

Appears in 1 contract

Samples: Distribution Agreement (Lazard Multi-Strategy 1099 Fund)

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