Common use of Participating Dealer Clause in Contracts

Participating Dealer. You are hereby designated a Participating Dealer and as such are authorized (i) to accept orders for the purchase of Class Y Shares ("Shares") of the portfolios of the Fund and to transmit to the Fund such orders and the payment made therefore, (ii) to accept orders for the redemption of Shares and to transmit to the Fund such orders and all additional material as may be required to complete the redemption, and (iii) to assist shareholders with the foregoing and other matters relating to their investments in the Fund and to the distribution of Shares, in each case subject to the terms and conditions set forth in the Prospectus for each portfolio of the Fund. You are to review each Share purchase or redemption order submitted through you or with your assistance for completeness and accuracy. You further agree that, if requested by the Distributor, you will undertake from time to time certain shareholder communication activities ("shareholder services"), as requested by the Distributor, for customers of yours ("Customers") who have purchased Shares. You may perform these duties yourself or subcontract them to a third party of your choice. These shareholder services may include one or more of the following as determined by the Distributor: (i) responding to Customer inquiries relating to the services performed by you; (ii) responding to routine inquiries from Customers concerning their investments in Shares; and (iii) providing such other similar services as may be reasonably requested by the Distributor to the extent you are permitted to do so under applicable statutes, rules and regulations. In addition, you further agree to perform one or more of the following as may be requested from time to time by the Distributor: (i) establishing and maintaining accounts and records relating to Customers that invest in Shares, including taxpayer identification number certifications; (ii) processing dividend and distribution payments from the Fund on behalf of Customers; (iii) providing information periodically to Customers showing their positions in Shares and forwarding sales literature and advertising provided by the Distributor; (iv) arranging for bank wires; (v) providing subaccounting with respect to Shares owned of record or beneficially by Customers or providing the information to the Fund necessary for subaccounting; (vi) if required by law, forwarding shareholder communications from the Fund (such as proxies, shareholder reports, annual and semi-annual financial statements and dividend, distribution and tax notices) to Customers; (vii) assisting in processing purchase, exchange and redemption requests from Customers and in placing such orders with the Fund's' service contractors; and (viii) assisting Customers in changing dividend options, account designations and addresses. In performing the services described in this Agreement, you will provide such office space and equipment, telephone facilities and personnel (which may be any part of the space, equipment and facilities currently used by your business or any personnel employed by you) as may be reasonably necessary or beneficial to provide such services.

Appears in 2 contracts

Samples: First American Investment Funds Inc, First American Funds Inc

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Participating Dealer. You are hereby designated a Participating Dealer and as such are authorized (i) to accept orders for the purchase of Class Y A (front-end sales charge), Class B (contingent deferred sales charge) and Class C (level-load) Retail Shares ("Shares") of the portfolios of the Fund and to transmit to the Fund such orders and the payment made thereforetherefor, (ii) to accept orders for the redemption of Shares and to transmit to the Fund such orders and all additional material material, including any certificates for Shares, as may be required to complete the redemption, and (iii) to assist shareholders with the foregoing and other matters relating to their investments in the Fund and to the distribution of Shares, in each case subject to the terms and conditions set forth in the Prospectus for each portfolio of the Fund. You are to review each Share purchase or redemption order submitted through you or with your assistance for completeness and accuracy. You further agree that, if requested by the Distributor, you will undertake from time to time certain shareholder communication activities ("shareholder services"), ) as requested by the Distributor, for customers of yours ("Customers") who have purchased Shares. You may perform these duties yourself or subcontract them to a third party of your choice. These shareholder services may include one or more of the following services as determined by the Distributor: (i) responding to Customer inquiries relating to the services performed by you; (ii) responding to routine inquiries from Customers concerning their investments in Shares; and (iii) providing such other similar services as may be reasonably requested by the Distributor to the extent you are permitted to do so under applicable statutes, rules and regulations. In addition, you further agree to perform one or more of the following as may be requested from time to time by the Distributor: (i) establishing and maintaining accounts and records relating to Customers that invest in Shares, including taxpayer identification number certifications; (ii) processing dividend and distribution payments from the Fund on behalf of Customers; (iii) providing information periodically to Customers showing their positions in Shares and forwarding sales literature and advertising provided by the Distributor; (iv) arranging for bank wires; (v) providing subaccounting with respect to Shares owned of record or beneficially by Customers or providing the information to the Fund necessary for subaccounting; (vi) if required by law, forwarding shareholder communications from the Fund (such as proxies, shareholder reports, annual and semi-annual financial statements and dividend, distribution and tax notices) to Customers; (vii) assisting in processing purchase, exchange and redemption requests from Customers and in placing such orders with the Fund's' service contractors; and (viii) assisting Customers in changing dividend options, account designations and addresses. In performing the services described in this Agreement, you will provide such office space and equipment, telephone facilities and personnel (which may be any part of the space, equipment and facilities currently used by your business or any personnel employed by you) as may be reasonably necessary or beneficial to provide such services.

Appears in 2 contracts

Samples: First American Investment Funds Inc, First American Funds Inc

Participating Dealer. You are hereby designated a Participating Dealer and as such are authorized (i) to accept orders for the purchase of Class Y Institutional Shares ("Shares") of the portfolios of the Fund Trust and to transmit to the Fund Trust such orders and the payment made thereforetherefor, (ii) to accept orders for the redemption of Shares and to transmit to the Fund Trust such orders and all additional material material, including any certificate for Shares, as may be required to complete the redemption, and (iii) to assist shareholders with the foregoing and other matters relating to their investments in the Fund Trust and to the distribution of Shares, in each case subject to the terms and conditions set forth in the Prospectus for each portfolio of the FundTrust. You are to review each Share purchase or redemption order submitted through you or with your assistance for completeness and accuracy. You further agree that, if requested by the Distributor, you will undertake from time to time certain shareholder communication activities ("shareholder services"), as requested by the Distributor, for customers of yours ("Customers") who have purchased Shares. You may perform these duties yourself or subcontract them to a third party of your choice. These shareholder services may include one or more of the following services as determined by the Distributor: (i) responding to Customer inquiries relating to the services performed by you; (ii) responding to routine inquiries from Customers concerning their investments in Shares; and (iii) providing such other similar services as may be reasonably requested by the Distributor to the extent you are permitted to do so under applicable statutes, rules and regulations. In addition, you further agree to perform one or more of the following as may be requested from time to time by the Distributor: (i) establishing and maintaining accounts and records relating to Customers that invest in Shares, including taxpayer identification number certifications; (ii) processing dividend and distribution payments from the Fund Trust on behalf of Customers; (iii) providing information periodically to Customers showing their positions in Shares and forwarding sales literature and advertising provided by the Distributor; (iv) arranging for bank wires; (v) providing subaccounting with respect to Shares owned of record or beneficially by Customers or providing the information to the Fund Trust necessary for subaccounting; (vi) if required by law, forwarding shareholder communications from the Fund (such as proxies, shareholder reports, annual and semi-annual financial statements and dividend, distribution and tax notices) to Customers; (vii) assisting in processing purchase, exchange and redemption requests from Customers and in placing such orders with the Fund's' service contractors; and (viii) assisting Customers in changing dividend options, account designations and addresses. In performing the services described in this Agreement, you will provide such office space and equipment, telephone facilities and personnel (which may be any part of the space, equipment and facilities currently used by your business or any personnel employed by you) as may be reasonably necessary or beneficial to provide such services.for

Appears in 1 contract

Samples: Distribution and Servicing Agreement (Parkstone Group of Funds /Oh/)

Participating Dealer. You are hereby designated a Participating Dealer and as such are authorized (i) to accept orders for the purchase of Class Y Investor A Shares (front-end sales charge) and Investor B Shares (contingent deferred sales charge) ("Shares") of the portfolios of the Fund Trust and to transmit to the Fund Trust such orders and the payment made thereforetherefor, (ii) to accept orders for the redemption of Shares and to transmit to the Fund Trust such orders and all additional material material, including any certificates for Shares, as may be required to complete the redemption, and (iii) to assist shareholders with the foregoing and other matters relating to their investments in the Fund Trust and to the distribution of Shares, in each case subject to the terms and conditions set forth in the Prospectus for each portfolio of the FundTrust. You are to review each Share purchase or redemption order submitted through you or with your assistance for completeness and accuracy. You further agree that, if requested by the Distributor, you will undertake from time to time certain shareholder communication activities ("shareholder services"), as requested by the Distributor, for customers of yours ("Customers") who have purchased Shares. You may perform these duties yourself or subcontract them to a third party of your choice. These shareholder services may include one or more of the following services as determined by the Distributor: (i) responding to Customer inquiries relating to the services performed by you; (ii) responding to routine inquiries from Customers concerning their investments in Shares; and (iii) providing such other similar services as may be reasonably requested by the Distributor to the extent you are permitted to do so under applicable statutes, rules and regulations. In addition, you further agree to perform one or more of the following as may be requested from time to time by the Distributor: (i) establishing and maintaining accounts and records relating to Customers that invest in Shares, including taxpayer identification number certifications; (ii) processing dividend and distribution payments from the Fund Trust on behalf of Customers; (iii) providing information periodically to Customers showing their positions in Shares and forwarding sales literature and advertising provided by the Distributor; (iv) arranging for bank wires; (v) providing subaccounting with respect to Shares owned of record or beneficially by Customers or providing the information to the Fund Trust necessary for subaccounting; (vi) if required by law, forwarding shareholder communications from the Fund Trust (such as proxies, shareholder reports, annual and semi-annual financial statements and dividend, distribution and tax notices) to Customers; (vii) assisting in processing purchase, exchange and redemption requests from Customers and in placing such orders with the Fund's' Trust's service contractors; and (viii) assisting Customers in changing dividend options, account designations and addresses. In performing the services described in this Agreement, you will provide such office space and equipment, telephone facilities and personnel (which may be any part of the space, equipment and facilities currently used by your business or any personnel employed by you) as may be reasonably necessary or beneficial to provide such services. 3 2.

Appears in 1 contract

Samples: Distribution and Servicing Agreement (Parkstone Group of Funds /Oh/)

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Participating Dealer. You are hereby designated a Participating Dealer and -------------------- as such are authorized (i) to accept orders for the purchase of Class Y Fund Shares ("Shares") of the portfolios of the Fund Funds and to transmit to the Fund Funds such orders and the payment made thereforetherefor, (ii) to accept orders for the redemption of Shares and to transmit to the Fund Funds such orders and all additional material as may be required to complete the redemption, and (iii) to assist shareholders with the foregoing and other matters relating to their investments in the Fund Funds and to the distribution of Shares, in each case subject to the terms and conditions set forth in the Prospectus for each portfolio of the FundFunds. You are to review each Share purchase or redemption order submitted through you or with your assistance for completeness and accuracy. You further agree that, if requested by the Distributor, you will undertake from time to time certain shareholder communication activities ("shareholder services")activities, as requested by the Distributor, for customers of yours ("Customers") who have purchased Shares. You may perform these duties yourself or subcontract them to a third party of your choice. These shareholder services may include one or more of the following as determined by the Distributor: (i) responding to Customer inquiries relating to the services performed by you; (ii) responding to routine inquiries from Customers concerning their investments in Shares; and (iii) providing such other similar services as may be reasonably requested by the Distributor to the extent you are permitted to do so under applicable statutes, rules and regulations. In addition, you further agree to perform one or more of the following as may be requested from time to time by the Distributor: (i) establishing and maintaining accounts and records relating to Customers that invest in Shares, including taxpayer identification number certifications; (ii) processing dividend and distribution payments from the Fund Funds on behalf of Customers; (iii) providing information periodically to Customers showing their positions in Shares and forwarding sales literature and advertising provided by the Distributor; (iv) arranging for bank wires; (v) providing subaccounting sub accounting with respect to Shares owned of record or beneficially by Customers or providing the information to the Fund Funds necessary for subaccountingsub accounting; (vi) if required by law, forwarding shareholder communications from the Fund Funds (such as proxies, shareholder reports, annual and semi-annual financial statements and dividend, distribution and tax notices) to Customers; (vii) assisting in processing purchase, exchange and redemption requests from Customers and in placing such orders with the Fund'sFunds' service contractors; and (viii) assisting Customers in changing dividend options, account designations and addresses. In performing the services described in this Agreement, you will provide such office space and equipment, telephone facilities and personnel (which may be any part of the space, equipment and facilities currently used by your business or any personnel employed by you) as may be reasonably necessary or beneficial to provide such services.

Appears in 1 contract

Samples: Rockland Funds Trust

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