INVESTMENT PROGRAMS Sample Clauses

INVESTMENT PROGRAMS. In connection with any program under which CWAM or one of its affiliates offers investment advice to shareholders, the Distributor is authorized to offer and sell Shares of the Fund, as principal, to participants in such program. The terms of this Agreement shall apply to such sales, including terms as to the offering price of Shares, the proceeds to be paid to the Fund, the duties of the Distributor, the payment of expenses and indemnification obligations of the Fund and the Distributor.

INVESTMENT PROGRAMS. The parties shall mutually agree, within a period of sixty (60) consecutive days as from the execution of this Amendment, on the investment programs for each of the Interior Airports, including the detail, schedule and technical memoranda of the works and improvements that the parties deem necessary to comply with the Certification standards of each Interior Airport in accordance with the minimum requirements established by Article 3 of Law 19,925 and the respective Codes, based on the Investment Schedule and the cap of the Investment Amount (hereinafter, jointly, the “Investment Programs,” and individually, each an “Investment Program”). Such Investment Programs shall detail annual groups of works and their corresponding investment guarantees for purposes of Clause Fourth. Consequently, the parties agree that the “Master Plan,” “Annex A – Technical Bases,” and any other annex, document, Communication, Inquiries, Responses, and clauses of the Comprehensive Management Agreement and its “Comprehensive Management Regime” referring to investments or works and their respective commissioning, operation and maintenance at the AIC shall not apply to the Interior Airports.