KFSC definition
Examples of KFSC in a sentence
The Trust shall register and qualify the shares for sale in accordance with the laws of the various states only if and to the extent deemed advisable by the Trust or KFSC.
KFSC serves as distributor of the Trust's shares and is registered as a broker-dealer with the SEC under the Securities Exchange Act of 1934, as amended (the "1934 Act"), and is a member in good standing of the National Association of Securities Dealers, Inc.
The Trust and KFSC shall adopt and implement procedures reasonably designed to ensure that "broker only" materials including information about the Company or the Contracts are not distributed to existing or prospective owners, and the Company shall not be liable for any losses, damages, or expenses relating to the improper use of such broker only materials.
KFSC is registered as a broker-dealer with the SEC under the Securities Exchange Act of 1934, as amended (the "1934 Act"), and is a member in good standing of the National Association of Securities Dealers, Inc.
Except as otherwise expressly provided in this Agreement, neither the Company nor any of its affiliates shall use any trademark, trade name, service ▇▇▇▇ or logo of the Trust, its investment adviser, its principal underwriter, or any affiliates thereof, or KFSC, or any variation of any such trademark, trade name, service ▇▇▇▇ or logo, without the Trust's prior written consent, the granting of which shall be at the Trust's sole option.
The Company shall adopt and implement procedures reasonably designed to ensure that "broker only" materials including information about the Trust or KFSC are not distributed to existing or prospective owners, and neither the Trust nor KFSC shall be liable for any losses, damages, or expenses relating to the improper use of such broker only materials.
The Trust and KFSC agree to respond to any request for approval on a prompt and timely basis.
The Company represents and warrants that it will not transfer or otherwise convey shares of the Trust, without the prior written consent of KFSC.
Any such withdrawal and termination must take place within six (6) months after the Trust gives written notice that this provision is being implemented, and until the end of that six (6) month period KFSC and Trust shall continue to accept and implement orders by the Company for the purchase (and redemption) of shares of the Trust.
The Company represents and warrants that it will not, without the prior written consent of KFSC, purchase Trust shares with Separate Account assets derived from the sale of Contracts to individuals or entities which qualify under current or future state or federal law for any type of tax advantage (whether by a reduction or deferral of, deduction or exemption from, or credit against income or otherwise).