No Obligation to Pay. Distributor shall have no obligation to pay any compensation to Dealer for the sale of Shares of a Fund until Distributor receives the related compensation from the Fund, and Distributor's liability to Dealer for such payments is limited solely to the related compensation that Distributor receives from such Fund.
Appears in 4 contracts
Samples: Selected Dealer Agreement (Morgan Stanley Series Funds), Selected Dealer Agreement (Morgan Stanley Fundamental Value Fund), Form of Selected Dealer Agreement (Morgan Stanley FX Series Funds)
No Obligation to Pay. Distributor shall have no obligation to pay any compensation described in this Section 4 to Dealer for the sale of Shares of a Fund until Distributor receives the related compensation from the Fund, and Distributor's ’s liability to Dealer for such payments is limited solely to the related compensation that Distributor receives from such Fund.
Appears in 3 contracts
Samples: Selected Dealer Agreement (AIP Macro Registered Fund P), Selected Dealer Agreement (Morgan Stanley Global Long/Short Fund P), Selected Dealer Agreement (Alternative Investment Partners Absolute Return Fund II P)
No Obligation to Pay. Distributor shall have no obligation to pay any compensation to Dealer for the sale of Shares of a an Eligible Fund until Distributor receives the related compensation from the Eligible Fund, and Distributor's liability to Dealer for such payments is limited solely to the related compensation that Distributor receives from such Eligible Fund.
Appears in 1 contract
Samples: Retail Funds Dealer Agreement (Morgan Stanley Series Funds)
No Obligation to Pay. Distributor shall have no obligation to pay any compensation described in this Section 4 to Dealer for the sale of Shares of a the Fund until Distributor receives the related compensation from the Fund, and Distributor's ’s liability to Dealer for such payments is limited solely to the related compensation that Distributor receives from such Fund.
Appears in 1 contract
Samples: Selected Dealer Agreement (Alternative Investment Partners Absolute Return Fund STS)
No Obligation to Pay. Distributor shall have no obligation to pay any compensation to Dealer for the sale of Shares of a Fund until Distributor receives the related compensation from the Fund, and Distributor's ’s liability to Dealer for such payments is limited solely to the related compensation that Distributor receives from such Fund.
Appears in 1 contract
Samples: Selected Dealer Agreement (Alternative Investment Partners Absolute Return Fund)
