Common use of Sale of Shares by the Issuer Clause in Contracts

Sale of Shares by the Issuer. The rights granted to Distributors shall be nonexclusive in that the Issuer reserves the right to sell its shares to investors on applications received and accepted by the Issuer. Further, the Issuer reserves the right to issue shares in connection with the merger or consolidation, or acquisition by the Issuer through purchase or otherwise, with any other investment company, trust, or personal holding company.

Appears in 2058 contracts

Samples: General Distribution Agreement (Variable Insurance Products Fund Iv), General Distribution Agreement (Fidelity Aberdeen Street Trust), General Distribution Agreement (Fidelity Advisor Series Vii)

AutoNDA by SimpleDocs

Sale of Shares by the Issuer. The rights granted to Distributors shall be nonexclusive non-exclusive in that the Issuer reserves the right to sell its shares to investors on applications received and accepted by the Issuer. Further, the Issuer reserves the right to issue shares in connection with the merger or consolidation, or acquisition by the Issuer through purchase or otherwise, with any other investment company, trust, or personal holding company.

Appears in 79 contracts

Samples: General Distribution Agreement (Fidelity Aberdeen Street Trust), General Distribution Agreement (Fidelity Greenwood Street Trust), General Distribution Agreement (Fidelity Salem Street Trust)

Sale of Shares by the Issuer. The rights granted to Distributors the Distributor shall be nonexclusive in that the Issuer reserves the right to sell its shares to investors on applications received and accepted by the Issuer. Further, the Issuer reserves the right to issue shares in connection with the merger or consolidation, or acquisition by the Issuer through purchase or otherwise, with any other investment company, trust, or personal holding company.

Appears in 5 contracts

Samples: General Distribution Agreement (Fidelity Municipal Trust), General Distribution Agreement (Fidelity School Street Trust/), General Distribution Agreement (Fidelity School Street Trust/)

Sale of Shares by the Issuer. The rights granted to Distributors the Distributor shall be nonexclusive in exclusive, except that the Issuer reserves the right to sell its shares to investors on applications received and accepted by the Issuer. Further, the Issuer reserves the right to issue shares in connection with the a merger or consolidation, or acquisition by the Issuer through purchase or otherwise, with any other investment company, trust, or personal holding company.

Appears in 2 contracts

Samples: Distribution Agreement (Homestead Funds Inc), Distribution Agreement (Homestead Funds Inc)

AutoNDA by SimpleDocs

Sale of Shares by the Issuer. The rights granted to Distributors the Distributor ---------------------------- shall be nonexclusive in that the nonexclusive. The Issuer reserves the right to sell its shares Series Shares to investors on applications received and accepted by the Issuer. Further, the The Issuer also reserves the right to issue shares Series Shares in connection with the merger or consolidation, or acquisition by the Issuer through purchase or otherwise, with any other investment company, trust, or personal holding company.

Appears in 1 contract

Samples: General Distribution Agreement (Walnut Street Funds Inc)

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