Common use of LEGAL QUALIFICATION Clause in Contracts

LEGAL QUALIFICATION. You shall inform us, upon request, of the states and other jurisdictions of the United States in which it is believed that the Securities are qualified for sale under, or are exempt from the requirements of, their respective securities laws, but you assume no responsibility with respect to our right to sell Securities in any jurisdiction. You are authorized to file with the Department of State of the State of New York a Further State Notice with respect to the Securities, if necessary. If we propose to offer Securities outside the United States. its territories or its possessions, we will take, at our own expense. such action, if any, as may be necessary to comply with the laws of each foreign jurisdiction in which we propose to offer Securities.

Appears in 5 contracts

Samples: Master Agreement (Madison Claymore Covered Call Fund), Master Agreement (Dreman Claymore Dividend & Income Fund), Master Agreement (Ts&w / Claymore Tax-Advantaged Balanced Fund)

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LEGAL QUALIFICATION. You shall inform us, upon request, of the states and other jurisdictions of the United States in which it is believed that the Securities are qualified for sale under, or are exempt from the requirements of, their respective securities laws, but you assume no responsibility with respect to our right to sell Securities in any jurisdiction. You are authorized to file with the Department of State of the State of New York a Further State Notice with respect to the Securities, if necessary. If we propose to offer Securities outside the United States. its Its territories or its possessions, we will take, at our own expense. such action, if any, as may be necessary to comply with the laws of each foreign jurisdiction in which we propose to offer Securities.

Appears in 2 contracts

Samples: Master Agreement (ING Global Advantage & Premium Opportunity Fund), Master Agreement (Evergreen International Balanced Income Fund)

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