Selected Dealer Sample Clauses
The Selected Dealer clause designates a specific dealer or group of dealers authorized to participate in a particular transaction or distribution, such as the sale of securities. It typically outlines the criteria for selection, the scope of the dealer's authority, and any obligations or limitations imposed on the dealer, such as compliance with regulatory requirements or adherence to pricing guidelines. By clearly identifying the parties permitted to act as dealers, this clause ensures that only qualified and approved entities are involved, thereby reducing legal and operational risks and promoting orderly conduct of the transaction.
Selected Dealer. (a) Dealer agrees to offer and sell Shares only at the public offering price currently in effect, in accordance with the terms of the then-current prospectus(es), including any supplements or amendments thereto, of each Fund (“Prospectus”). The Dealer agrees to act only as agent on behalf of its customers ("Customers") in such transactions and shall not have authority to act as agent for the Funds, for Quasar, or for any other dealer in any respect. All purchase orders are subject to acceptance by Quasar and the relevant Fund and become effective only upon confirmation by Quasar or an agent of the Fund. In its sole discretion, either the Fund or Quasar may reject any purchase order and may, provided notice is given to Dealer, suspend sales or withdraw the offering of Shares entirely.
(b) Dealer agrees that, if requested by Quasar, it will undertake from time to time certain shareholder servicing activities (“shareholder services”) as requested by Quasar, for Customers who have purchased Shares. Dealer may perform these duties itself or subcontract them to a third party of its choice. These shareholder services may include, but are not limited to, one or more of the following services as determined by Quasar: (i) maintaining accounts relating to Customers that invest in Shares; (ii) providing information periodically to Customers showing their positions in Shares; (iii) arranging for bank wires; (iv) responding to Customer inquiries relating to the services performed by Dealer; (v) responding to routine inquiries from Customers concerning their investments in Shares; (vi) forwarding shareholder communications from the Funds (such as proxies, shareholder reports, annual and semi-annual financial statements and dividend, distribution and tax notices) to Customers; (vii) processing purchase, exchange and redemption requests from Customers and placing such orders with the Funds’ service providers; (viii) assisting Customers in changing dividend options, account designations, and addresses; (ix) providing subaccounting with respect to Shares beneficially owned by Customers; (x) processing dividend payments from the Funds on behalf of Customers; and (xi) providing such other similar services as Quasar may reasonably request to the extent Dealer is permitted to do so under applicable laws or regulations.
Selected Dealer. (a) Dealer agrees to offer and sell Shares only at the public offering price currently in effect, in accordance with the terms of the then-current prospectus(es), including any supplements or amendments thereto, of each Fund ("Prospectus"
Selected Dealer. (Corporate or Firm Name) (Date) (Taxpayer Identification Number) (Address) (City, State, and ZIP Code) (Signature of Authorized Officer or Partner) (Printed Name and Title of Person Signing) (Telephone Number)
Selected Dealer. The Company has engaged, consented to and ---------------- authorized the Agents to act as exclusive agents of the Company solely in connection with the transactions contemplated by this Agreement. Sprott, with the consent of the Company, will pay the Selected Dealer a commission in the form of both cash and Broker's Warrants (as defined in the Prospectus) and will reimburse the Selected Dealer's reasonable out-of-pocket expenses incurred in connection with the Offering (including legal fees).
Selected Dealer. (a) Dealer agrees to offer and sell Shares only at the public offering price currently in effect, in accordance with the terms of the then-current prospectus(es), including any supplements or amendments thereto, of each Fund (“Prospectus”). The Dealer agrees to act only as agent on behalf of its customers (“Customers”) in such transactions and shall not have authority to act as agent for the Funds, for Quasar, or for any other dealer in any respect. All purchase orders are subject to acceptance by Quasar and the relevant Fund and become effective only upon confirmation by Quasar or an agent of the Fund. In its sole discretion, either the Fund or Quasar may reject any purchase order and may, provided notice is given to Dealer, suspend sales or withdraw the offering of Shares entirely.
(b) Dealer understands and acknowledges that each Fund offers its Shares in multiple classes, each subject to differing sales charges and distribution and/or shareholder service fees. Dealer hereby represents and warrants that it has established compliance procedures designed to ensure that Customers are made aware of the terms of each available class of the applicable Fund’s Shares, to ensure that each Customer is offered only Shares that are suitable investments of that Customer and to ensure proper supervision of Dealer’s registered representatives in recommending and offering multiple classes of Shares to its Customers.
Selected Dealer. (a) Dealer agrees to offer and sell Shares only at the public offering price currently in effect, in accordance with the terms of the then-current prospectus(es), including any supplements or amendments thereto, of each Fund (“Prospectus”). The Dealer agrees to act only as agent on behalf of its customers (“Customers”) in such transactions and shall not have authority to act as agent for the Funds, for Quasar, or for any other dealer in any respect. All purchase orders are subject to acceptance by Quasar and the relevant Fund and become effective only upon confirmation by Quasar or an agent of the Fund. In its sole discretion, either the Fund or Quasar may reject any purchase order and may, provided notice is given to Dealer, suspend sales or withdraw the offering of Shares entirely.