Purchase of Shares from the Fund. (a) Prior to the continuous offering of the shares commencing on a date agreed upon by the Fund and the Underwriter, the Underwriter agrees to solicit subscriptions for shares during an initial offering period which shall last for such period as may be agreed upon by the parties hereto. The subscriptions will be payable within six business days after the termination of the initial offering period.
Appears in 4 contracts
Samples: Distribution Services Agreement (Alliance Premier Growth Fund Inc), Distribution Services Agreement (Alliance Greater China 97 Fund Inc), Distribution Services Agreement (Alliance All Asia Investment Fund Inc)
Purchase of Shares from the Fund. (a) Prior to the continuous offering of the shares commencing on a date agreed upon by the Fund and the Underwriter, the Underwriter agrees to solicit subscriptions for shares during an initial offering period which shall last for such period as may be agreed upon by the parties hereto. The subscriptions will be payable within six three business days after the termination of the initial offering period.
Appears in 2 contracts
Samples: Distribution Services Agreement (Alliance Health Care Fund Inc), Distribution Services Agreement (Alliance Disciplined Value Fund Inc)
