Common use of Authority of Fund Clause in Contracts

Authority of Fund. Each of the Funds shall have full authority to take such action as it deems advisable in respect of all matters pertaining to the offering of its Shares, including the right not to accept any order for the purchase of Shares.

Appears in 34 contracts

Samples: Agency Distribution Agreement (North American Government Bond Fund Inc), Agency Distribution Agreement (Managed Municipal Fund Inc), North American (North American Government Bond Fund Inc)

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Authority of Fund. Each of the Funds Fund shall have full authority to take such action as it deems advisable in respect of all matters pertaining to the offering of its Shares, including the right not to accept any order for the purchase of Shares.

Appears in 32 contracts

Samples: Distribution Agreement (Flag Investors Short Intermediate Income Fund Inc), Distribution Agreement (Flag Investors Maryland Intermediate Tax Free Fund Inc/), Shares Distribution Agreement (Total Return U S Treasury Fund Inc)

Authority of Fund. Each of the Funds The Fund shall have full authority to take such action as it deems advisable in respect of all matters pertaining to the offering of its Shares, including the right not to accept any order for the purchase of Shares.

Appears in 3 contracts

Samples: Distribution Agreement (Glenmede Portfolios), Distribution Agreement (Glenmede Fund Inc), Distribution Agreement (Glenmede Fund Inc)

Authority of Fund. Each of the Funds The Fund shall have full authority to take such action as it deems advisable in respect of all matters pertaining to the offering of its Shares, including the right in its sole discretion to not to accept any order for the purchase of Shares.

Appears in 2 contracts

Samples: Distribution Agreement (Glenmede Portfolios), Distribution Agreement (Glenmede Fund Inc)

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Authority of Fund. Each of the Funds shall have full authority to take such action as it deems advisable in respect of all matters pertaining to the offering of its Shares, including the right not to accept any order for the purchase of Sharesshares.

Appears in 1 contract

Samples: Agency Distribution Agreement (Total Return U S Treasury Fund Inc)

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