Suitability Analysis Clause Samples
Suitability Analysis. To the extent that the Intermediary makes a recommendation to its customers regarding a transaction in Shares, the Intermediary agrees that it is its responsibility to fulfill its obligations under NASD rules and to determine the suitability of any Shares as investments for customers, and that Dreyfus has no responsibility for such determination. The Intermediary understands and acknowledges that the Funds may offer Shares in multiple classes, and the Intermediary represents and warrants that, to the extent the Intermediary is recommending transactions in Shares, it has established compliance procedures designed to ensure that, in offering more than one Share class of Funds to its customers, customers are made aware of the terms of each class of Shares offered, to ensure that its representatives recommend only Shares that are appropriate investments for each customer, to ensure that the customer is availed of the opportunity to obtain front-end sales charge discounts as detailed in the Funds' prospectuses, and to ensure proper supervision of the Intermediary’s representatives in recommending and offering different classes of Fund Shares to its customers.
Suitability Analysis. If a Proposed Replacement Target is an Available Target, promptly (but in no event greater than [**] following)) written notice by Novartis, and in any event prior to the JSC’s approval of the Project Plan for replacement of such Collaboration Target, ▇▇▇▇▇▇▇▇▇▇▇ will assess the suitability of the Proposed Replacement Target for the Schrӧdinger Platform in accordance with any technical parameters proposed by Novartis and agreed upon by both Parties, which comprises [**] (each, a “Suitability Analysis”). Schrӧdinger shall report the results of each Suitability Analysis to the JSC. Novartis shall pay Schrӧdinger a fee of [**] Dollars ($[**]) for each Suitability Analysis for each Proposed Replacement Target within [**] from the date of receipt of Schrӧdinger’s invoice delivered upon or following the completion of such Suitability Analysis and the delivery to Novartis of the corresponding Suitability Analysis report; provided, however, the Suitability Analysis for [**] Available Targets conducted by Schrӧdinger shall be provided to Novartis [**]. Upon delivery by ▇▇▇▇▇▇▇▇▇▇▇ to Novartis of a negative Suitability Analysis report with respect to any Proposed Replacement Target, and until [**] thereafter, the exclusivity obligations of Schrӧdinger pursuant to Article 11 (Exclusivity) shall apply with respect to such Proposed Replacement Target, and for clarity, shall not apply to Novartis with respect to such Proposed Replacement Target.