Common use of Multiple Classes Clause in Contracts

Multiple Classes. Distributor may from time to time provide to Dealer written compliance guidelines or standards relating to the sale or distribution of Funds offering multiple classes of shares with different sales charges and distribution-related operating expenses; see Appendix B. These guidelines or standards are deemed to be written instructions as contemplated in Section 2. In addition, Dealer agrees to be bound by any applicable rules or regulations of government agencies or self-regulatory organizations generally affecting the sale or distribution of Funds offering multiple classes of shares. With respect to Funds offering multiple classes of shares subject to differing sales charges, including sales charge reductions and waivers (as set forth more fully in a Fund's then-current prospectus), Dealer represents and warrants that it has established compliance procedures designed to (i) ensure that Dealer's customers are aware of the available methods of mutual fund financing and (ii) ensure proper supervision of mutual fund recommendations. Dealer agrees to promptly advise Distributor or the Fund of any letter of intent executed by Dealer's customers or any available right of accumulation in accordance with applicable procedures.

Multiple Classes. Distributor may from time to time provide to Dealer written compliance guidelines or standards relating to the sale or distribution of Funds offering multiple classes of shares with different sales charges and distribution-related operating expenses; see Appendix B. These guidelines or standards are deemed to be written instructions as contemplated in Section 2. In addition, Dealer agrees to be bound by any applicable rules or regulations of government agencies or self-regulatory organizations generally affecting the sale or distribution of Funds offering multiple classes of shares. With respect to Funds offering multiple classes of shares subject to differing sales charges, including sales charge reductions and waivers (as set forth more fully in a Fund's ’s then-current prospectus), Dealer represents and warrants that it has established compliance procedures designed to (i) ensure that Dealer's ’s customers are aware of the available methods of mutual fund financing and (ii) ensure proper supervision of mutual fund recommendations. Dealer agrees to promptly advise Distributor or the Fund of any letter of intent executed by Dealer's ’s customers or any available right of accumulation in accordance with applicable procedures.