Common use of Offering Procedures Clause in Contracts

Offering Procedures. You and we understand and agree that you ------------------- will offer and sell shares of a Fund only in accordance with the terms and conditions of that Fund's then current prospectus, statement of additional information and any authorized supplemental material supplied by us, and no person is authorized to make any representation relating to the shares of any Fund, except those contained in the Fund's then current prospectus, statement of additional information or any authorized supplemental material supplied by us. Additional copies of a Fund's then current prospectus and statement of additional information are and will be available on written request. You and we further understand and agree that you will use your best efforts in the development and promotion of sales of shares of a Fund or Funds, and you will be responsible for the proper instruction and training of all sales personnel employed by you in order that the shares of the Funds will be offered in accordance with the terms and conditions of this Agreement and all applicable laws, rules and regulations.

Appears in 1 contract

Sources: Distribution Agreement (Battery Park Fund Inc\fa)

Offering Procedures. You and we understand and agree that you ------------------- will offer and sell shares of a Fund only in accordance with the terms and conditions of that Fund's then current prospectus, statement of additional information and any authorized supplemental material supplied by us, and no person is authorized to make any representation relating to the shares of any Fund, except those contained in the Fund's then current prospectus, statement of additional information or any authorized supplemental material supplied by us. Additional copies of a Fund's then current prospectus and statement of additional information are and will be available on written request. You and we further understand and agree that you will use your best efforts in the development and promotion of sales of shares of a Fund or Funds, and you will be responsible for the proper instruction and training of all sales personnel employed by you in order that the shares of the Funds will be offered in accordance with the terms and conditions of this Agreement and all applicable laws, rules and regulations.

Appears in 1 contract

Sources: Distribution Agreement (Nomura Pacific Basin Fund Inc)