Distributor definition
Examples of Distributor in a sentence
Any change in the foregoing status of Participant shall result in the automatic termination of this Agreement and Participant shall give prompt notice to the Distributor, Transfer Agent and each Trust of such change.
The Distributor, the Participant and the Transfer Agent undertake to perform such duties and only such duties as are expressly set forth herein, or expressly incorporated herein by reference, and no implied covenants or obligations shall be read into this Agreement against the Distributor, the Participant or the Transfer Agent.
To the extent each Trust, the Distributor or their agents pay any such Taxes or they are otherwise imposed in connection with transactions effected by the Participant, the Participant agrees to promptly indemnify/reimburse and pay such party for any such payment, together with any applicable penalties, additions to tax or interest thereon.
The Transfer Agent or Distributor, as the case may be, will assign a personal identification number (“PIN”) to each Authorized Person authorized to act for the Participant.
Such Certificate may be accepted and relied upon by the Transfer Agent, the Distributor and each Trust as conclusive evidence of the facts set forth therein and shall be considered to be in full force and effect until receipt, and following a reasonable period of time to act thereon, by the Transfer Agent, the Distributor and each Trust of a superseding Certificate bearing a subsequent date from the Participant that an individual should be added to, or removed from, the certificate.