Underwriting Contract. The Trustees may in their discretion from time to time enter into an exclusive or non-exclusive underwriting or distribution contract or contracts providing for the sale of the Shares, Preferred Securities or other securities issued by the Trust whereby the Trustees may either agree to sell such securities to the other party to the contract or appoint such other party as their sales agent for the such securities, and in either case on such terms and conditions, if any, as may be prescribed in the By-Laws, any applicable Securities Designation and such further terms and conditions as the Trustees may in their discretion determine not inconsistent with the provisions of this Article III or of the By-Laws and such Securities Designation; and such contract may also provide for the repurchase of such securities by such other party as agent of the Trustees.
Appears in 19 contracts
Samples: Agreement and Declaration (Calamos Convertible & High Income Fund), Agreement and Declaration of Trust (Calamos Convertible & High Income Fund), Agreement and Declaration (Calamos Global Dynamic Income Fund)
