Common use of Prospectus and Public Offering Clause in Contracts

Prospectus and Public Offering. Except for information VCM is obligated to keep pursuant to Section 10 hereof and in connection with its role as the Trust’s investment adviser, and as specifically provided in the schedules hereto, the Trust assumes full responsibility for the preparation, contents, and distribution of each Prospectus of the Trust in compliance with all applicable requirements of the 1933 Act, the 1940 Act, and any other laws, rules and regulations of governmental authorities having jurisdiction. VCM shall have no obligation under this Agreement to take cognizance hereunder of laws relating to the sale of the Trust’s shares except to the extent that VCM receives payments from the Trust pursuant to Rule 12b-1. The Trust represents and warrants that all shares of the Trust that are offered to the public are covered by an effective registration statement under the 1933 Act.

Appears in 4 contracts

Samples: Administration And (Victory Institutional Funds), Administration and Fund Accounting Agreement (Victory Variable Insurance Funds), Administration And (Victory Portfolios II)

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