Offering Price of Shares. All Fund Shares sold under this Agreement shall be sold at the public offering price per Share in effect at the time of the sale, as described in the then current Prospectus of the Fund; provided, however, that any public offering price for the Shares shall be the net asset value per Share. Distributor shall be entitled to commissions and other fees and payments under the Distribution Plan. At no time shall the Trust receive less than the full net asset value of the Shares, determined in the manner set forth in the then current Prospectus and Statement of Additional Information.
Appears in 3 contracts
Samples: Distribution Agreement (Capital Management Investment Trust), Distribution Agreement (Gardner Lewis Investment Trust), Distribution Agreement (Capital Management Investment Trust)
Offering Price of Shares. All Fund Shares shares sold under this Agreement shall be sold at the public offering price per Share in effect at the time of the sale, sale as described in the then current Prospectus and Statement of the Fund; provided, however, that any public offering price for the Shares shall be the net asset value per Share. Distributor shall be entitled to commissions and other fees and payments under the Distribution PlanAdditional Information. At no time shall the Trust receive less than the full net asset value of the Shares, determined in the manner set forth in the then current Prospectus and Statement of Additional Information.and
Appears in 1 contract
Samples: Agreement (Declaration Fund)
