Sales of Shares Sample Clauses

Sales of Shares. The Dealer Manager shall, and each Soliciting Dealer shall agree to, solicit purchases of the Shares only in the jurisdictions in which the Dealer Manager and such Soliciting Dealer are legally qualified to so act and in which the Dealer Manager and each Soliciting Dealer have been advised by the Company in writing that such solicitations can be made.
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Sales of Shares. You and each Soliciting Dealer shall solicit purchases of the Shares only in the jurisdictions in which you and such Soliciting Dealer are legally qualified to so act and in which you and each Soliciting Dealer have been advised by the Company that such solicitations can be made.
Sales of Shares. On the basis of the representations, warranties and covenants herein contained, but subject to the terms and conditions herein set forth, the Company hereby appoints you as its sales agent ("Sales Agent") to solicit purchasers, along with the Selected Dealers, for the Shares during the period (the "Effective Term") from the Effective Date to the Termination Date, including the Shares pursuant to the DRIP, each in the manner described in the Registration Statement. Subject to the performance by the Company of all obligations to be performed by it hereunder and the completeness and accuracy of all of its representations and warranties, you agree to use your best efforts as Sales Agent, promptly following written or telegraphic receipt of notice of the Effective Date from the Company, to offer and sell such number of Shares as contemplated by this Agreement at the price stated in the Prospectus.
Sales of Shares. Seligman Financial Services is authorized, as agent for the Fund and not as principal, (a) to sell Shares of the Fund to such dealers as Seligman Financial Services may select pursuant to the terms of written sales agreements (which may also relate to sales of shares of capital stock or shares of beneficial interest of other open-end investment companies which have entered into management agreements with the Manager), in form or forms approved by the Fund, and (b) to sell Shares of the Fund to other purchasers on such terms as may be provided in the then current prospectus of the Fund relating to such Shares; provided, however, that no sales of Shares shall be confirmed by Seligman Financial Services at any time when, according to advice received by Seligman Financial Services from the Fund, the officers of the Fund have for any reason sufficient to them temporarily or permanently suspended or discontinued the sale and issuance of the Shares. Each sale of Shares shall be effected by Seligman Financial Services only at the applicable price determined by the Fund in the manner prescribed in its then current prospectus relating to such Shares. Seligman Financial Services shall comply with all applicable laws, rules and regulations including, without limiting the generality of the foregoing, all rules or regulations made or adopted pursuant to Section 22 of the Investment Company Act of 1940 (the "1940 Act") by the Securities and Exchange Commission or any securities association registered under the Securities Exchange Act of 1934. The Fund agrees, as long as its Shares may legally be issued, to fill all orders confirmed by Seligman Financial Services in accordance with the provisions of this Agreement.
Sales of Shares. — The Fund grants to the Distributor the right to sell the Shares as agent on behalf of the Fund, during the term of this Agreement, subject to the registration requirements of the Securities Act of 1933, as amended (“1933 Act”), the 1940 Act and of the laws governing the sale of securities in the various states (“Blue Sky Laws”), under the terms and conditions set forth in this Agreement. The Distributor shall have the right to sell as agent on behalf of the Fund, the Shares covered by the registration statement, prospectus and statement of additional information for the Fund then in effect under the 1933 Act and 1940 Act. The Distributor agrees to comply with all applicable federal and state laws, including the NASD Conduct Rules (or comparable Financial Industry Regulatory Authority, Inc. (“FINRA”) Conduct Rules, if such NASD Conduct Rules are subsequently renamed, repealed, rescinded, or otherwise replaced by FINRA Conduct Rules), in performing its obligations under this Agreement. The Distributor will also have the right as agent, on behalf of the Fund, to sell shares indirectly to the public through broker-dealers who are members of FINRA and who are acting as introducing brokers pursuant to clearing agreements with the Distributor (“introducing brokers”), to broker-dealers who are members of FINRA and who have entered into selling agreements with the Distributor (“participating brokers”), or through other financial intermediaries (such introducing brokers, participating brokers and financial intermediaries are collectively referred to herein as “Sub-Agents”). In performing the foregoing services as agent, on behalf of the Fund, the Distributor shall reasonably cooperate with the Chief Compliance Officer of the Fund with respect to requests for information and other assistance regarding the obligations of the Fund in respect of Rule 38a-1 under the 1940 Act. The Distributor also agrees to furnish to the Fund sufficient copies of any agreement or plans it intends to use in connection with any sales of Shares in adequate time for the Fund to file and clear them with the proper authorities before they are put in use, and not to use them until so filed and cleared. For the avoidance of doubt, and without limiting the generality of the foregoing, the Distributor is responsible for administering, or causing to be administered, shareholder requests regarding rights of accumulation, letters of intent or other requests for shareholder breakpoints.
Sales of Shares o Investor Services Group shall not be required to issue any Shares of the Fund where it has received a Written Instruction from the Fund or official notice from any appropriate authority that the sale of the Shares of the Fund has been suspended or discontinued. The existence of such Written Instructions or such official notice shall be conclusive evidence of the right of Investor Services Group to rely on such Written Instructions or official notice. o In the event that any check or other order for the payment of money is returned unpaid for any reason, Investor Services Group will endeavor to: (i) give prompt notice of such return to the Fund or its designee; (ii) place a stop transfer order against all Shares issued as a result of such check or order; and (iii) take such actions as Investor Services Group may from time to time deem appropriate.
Sales of Shares. The Dealer Manager shall, and each Soliciting Dealer shall agree to, solicit purchases of the Units only in the jurisdictions in which the Dealer Manager and such Soliciting Dealer are legally qualified to so act.
Sales of Shares. Shares of each Fund shall be sold at the offering price thereof as from time to time determined in the manner herein provided. The Trust agrees that it will not, without the Distributor's consent, sell or agree to sell any shares of a Fund otherwise than through the Distributor, except that the Trust may (a) sell shares for not less than the net asset value thereof as an investment to such persons or classes of persons as may be indicated in the Prospectus of the Trust as amended and in effect from time to time; (b) issue or sell shares for not less than the net asset value thereof directly to holders of shares of any Fund upon such terms and for such consideration, if any, as it may determine, whether in connection with the distribution of subscription or purchase rights, the payment or reinvestment of distributions or dividends, the exercise of any applicable reinvestment privilege, or otherwise; (c) issue or sell shares for not less than the net asset value thereof of any Fund to the shareholders of any other Fund or investment company in connection with the exercise of exchange privileges offered by the Trust; and (d) issue shares for not less than the net asset value thereof in connection with a merger, consolidation or acquisition of assets on such basis as may be authorized or permitted under the Investment Company Act of 1940, as amended (the "1940 Act").
Sales of Shares. You and each Soliciting Dealer shall solicit purchases of the Shares only in the jurisdictions in which you and the Soliciting Dealer are legally qualified to so act and in which you and the Soliciting Dealer have been advised by the Company that solicitation is permissible under the law of the applicable jurisdiction.
Sales of Shares. The Distributor agrees that (i) all Shares sold by the Distributor shall be sold at the net asset value thereof as described in Section 3 hereof, and (ii) the Fund, on behalf of the Portfolio, shall receive 100% of such net asset value. The Distributor may enter into agreements, in form and substance satisfactory to the Fund on behalf of the Portfolio, with dealers selected by the Distributor, providing for 1) the sale to such dealers and resale by such dealers of Shares, or 2) the sale of Shares through such Distributor acting as agent, either to clients of the Distributor or other persons, in all cases at the Shares' net asset value. The Fund shall have the right to suspend the sale of Shares at times when redemption is suspended pursuant to the conditions set forth in Section 4 hereof. The Fund, on behalf of the Portfolio, shall also have the right to suspend the sale of Shares if trading on the New York Stock Exchange shall have been suspended, if a banking moratorium shall have been declared by Federal or New York authorities, or if there shall have been some other event, which, in the judgment of the Fund, makes it impracticable or inadvisable to sell the shares.