Common use of FIFTEENTH Clause in Contracts

FIFTEENTH. The Distributor may at any time or times in its discretion and at its own expense appoint (and may at any time remove) an agent or agents to carry out such of the provisions of Article NINTH herein as the Distributor may from time to time direct; PROVIDED, HOWEVER, that the appointment of any agent shall not relieve the Distributor of its responsibilities or liabilities hereunder.

Appears in 10 contracts

Sources: Distribution Agreement (Jp Morgan Series Trust), Distribution Agreement (Jp Morgan Institutional Funds), Distribution Agreement (Mutual Fund Select Group)

FIFTEENTH. The Distributor may at any time or times in its discretion and at its own expense appoint (and may at any time remove) an agent or agents to carry out such of the provisions of Article NINTH herein as the Distributor may from time to time direct; PROVIDEDprovided, HOWEVERhowever, that the appointment of any agent shall not relieve the Distributor of its responsibilities or liabilities hereunder.

Appears in 1 contract

Sources: Distribution Agreement (Growth Fund of Washington Inc /Dc/)