Common use of Refund of Compensation Clause in Contracts

Refund of Compensation. If any Shares sold to Dealer under the terms of this Agreement are repurchased by the Fund, or are tendered for redemption, within seven business days after the date of the Company's confirmation of the original purchase by Dealer, Dealer shall promptly refund to the Company the full Dealer Concession received by Dealer pursuant to Section 4(a) above.

Appears in 2 contracts

Samples: Selected Dealer Agreement (Cardinal Group), Selected Dealer Agreement (Cardinal Group)

AutoNDA by SimpleDocs

Refund of Compensation. If any Shares sold to Dealer under the terms of this Agreement are repurchased by the Fund, or are tendered for redemption, within seven business days after the date of the Company's confirmation of the original purchase by Dealer, Dealer shall promptly refund to the Company the full Dealer Concession Commission received by Dealer pursuant to Section 4(a) above.

Appears in 2 contracts

Samples: Selected Dealer Agreement (Roulston Funds), Roulston Funds

AutoNDA by SimpleDocs

Refund of Compensation. If any Shares sold to Dealer under the terms of this Agreement are repurchased by the Fund, or are tendered for redemption, within seven business days after the date of the Company's confirmation of the original purchase by Dealer, Dealer shall promptly refund to the Company the full Dealer Concession Commission received by Dealer pursuant to Section 4(ass.4(a) above.

Appears in 1 contract

Samples: Selected Dealer Agreement (Roulston Family of Funds)

Time is Money Join Law Insider Premium to draft better contracts faster.