Common use of Compliance with Federal and State Laws Clause in Contracts

Compliance with Federal and State Laws. The Broker-Dealer will not sell any of the Shares except in compliance with all applicable federal and state securities laws. In connection with sales and offers to sell Shares, the Broker-Dealer will furnish or cause to be furnished to each person to whom any such sale or offer is made, at or prior to the time of offering or sale as required by law, a copy of the prospectus and, if requested, the related SAI. RCM shall not be liable to the Broker-Dealer hereunder, except for lack of good faith and for obligations expressly assumed by RCM herein. The Broker-Dealer shall not be responsible for omissions or misstatements in the Fund prospectus. Nothing herein contained, shall be deemed to be a condition, stipulation or provision binding any persons acquiring any security to waive compliance with, or to relieve the parties hereto from any liability arising under, the federal securities laws. RCM shall, from time to time, inform the Broker-Dealer as to the states and jurisdictions in which RCM believes the Shares have been qualified for sale under, or are exempt from the requirements of, the respective securities laws of such states and jurisdictions. The Broker-Dealer agrees that it will not knowingly offer or sell Shares in any state or jurisdiction in which such Shares are not qualified, unless any such offer or sale is made in a transaction that qualifies for an exemption from registration. RCM assumes no responsibility in connection with the registration of the Broker-Dealer under the laws of the various states or under federal law or the Broker-Dealer's qualification under any such law to offer or sell Shares.

Appears in 2 contracts

Sources: Broker Dealer Agreement (Aegis Value Fund Inc), Broker Dealer Agreement (Aegis Funds)

Compliance with Federal and State Laws. (a) The Broker-Dealer DEALER will not sell any of the Shares except in compliance with all applicable federal and state securities laws. In connection with sales and offers to sell Shares, the Broker-Dealer DEALER will furnish or cause to be furnished to each person to whom any such sale or offer is made, at or prior to the time of offering or sale as required by lawsale, a copy of the prospectus Prospectus and, if requested, the related SAI. RCM QUASAR shall not be liable under no liability to the Broker-Dealer hereunder, DEALER except for lack of good faith and for obligations expressly assumed by RCM QUASAR herein. The Broker-Dealer shall not be responsible for omissions or misstatements in the Fund prospectus. Nothing herein contained, however, shall be deemed to be a condition, stipulation or provision binding any persons acquiring any security to waive compliance with, or to relieve the parties hereto from any liability arising under, the federal securities laws. RCM . (b) QUASAR shall, from time to time, inform the Broker-Dealer DEALER as to the states and jurisdictions in which RCM QUASAR believes the Shares have been qualified for sale under, or are exempt from the requirements of, the respective securities laws of such states and jurisdictions. The Broker-Dealer DEALER agrees that it will not knowingly offer or sell Shares in any state or jurisdiction in which such Shares are not qualified, unless any such offer or sale is made in a transaction that qualifies for an exemption from registration. RCM . (c) QUASAR assumes no responsibility in connection with the registration of the Broker-Dealer DEALER under the laws of the various states or under federal law or the Broker-Dealer's DEALER'S qualification under any such law to offer or sell Shares.

Appears in 2 contracts

Sources: Distribution Agreement (Cullen Funds Trust), Distribution Agreement (Cullen Funds Trust)

Compliance with Federal and State Laws. The Broker-Dealer will not sell any of the Shares except in compliance with all applicable federal and state securities laws. In connection with sales and offers to sell Shares, the Broker-Dealer will furnish or cause to be furnished to each person to whom any such sale or offer is made, at or prior to the time of the offering or sale as required by lawsale, a copy of the prospectus Prospectus, and, if requested, the related SAI. RCM shall not be liable under no liability to the Broker-Dealer hereunder, except for lack of good faith faith, and for obligations expressly assumed by RCM herein. The Broker-Dealer shall not be responsible for omissions or misstatements in the Fund prospectus. Nothing herein contained, however, shall be deemed to be a condition, stipulation stipulation, or provision binding any persons acquiring any security to waive compliance with, or to relieve the parties hereto from any liability arising under, the federal securities laws. RCM shall, from time to time, inform the Broker-Dealer as to the states and jurisdictions in which RCM believes the Shares have been qualified for sale under, or are exempt from the requirements of, the respective securities laws of such states and jurisdictions. The Broker-Dealer agrees that it will not knowingly offer or sell Shares in any state or jurisdiction in which such Shares are not qualified, unless any such offer or sale is made in a transaction that qualifies for an exemption from registration. RCM assumes no responsibility in connection with the registration of the Broker-Dealer under the laws of the various states or under federal law or the Broker-Dealer's qualification under any such law to offer or sell Shares.

Appears in 1 contract

Sources: Broker Dealer Agreement (Chou America Mutual Funds)

Compliance with Federal and State Laws. The Broker-(a) Dealer will not sell any of the Shares except in compliance with all applicable federal and state securities laws. In connection with sales and offers to sell Shares, the Broker-Dealer will furnish or cause to be furnished to each person to whom any such sale or offer is made, at or prior to the time of offering or sale as required by lawsale, a copy of the prospectus Prospectus and, if requested, the related Fund's then-current statement of additional information ("SAI"). RCM Quasar shall not be liable under no liability to the Broker-Dealer hereunder, except for lack of good faith and for obligations expressly assumed by RCM Quasar herein. The Broker-Dealer shall not be responsible for omissions or misstatements in the Fund prospectus. Nothing herein contained, however, shall be deemed to be a condition, stipulation or provision binding any persons acquiring any security to waive compliance with, or to relieve the parties hereto from any liability arising under, the federal securities laws. RCM . (b) Quasar shall, from time to time, inform the Broker-Dealer as to the states and jurisdictions in which RCM Quasar believes the Shares have been qualified for sale under, or are exempt from the requirements of, the respective securities laws of such states and jurisdictions. The Broker-Dealer agrees that it will not knowingly offer or sell Shares in any state or jurisdiction in which such Shares are not qualified, unless any such offer or sale is made in a transaction that qualifies for an exemption from registration. RCM . (c) Quasar assumes no responsibility in connection with the registration of the Broker-Dealer under the laws of the various states or under federal law or the Broker-Dealer's qualification under any such law to offer or sell Shares.

Appears in 1 contract

Sources: Dealer Agreement (USQ Core Real Estate Fund)

Compliance with Federal and State Laws. The Broker-(a) Dealer will not sell any of the Shares except in compliance with all applicable federal and state securities and banking laws. In connection with sales and offers to sell Shares, the Broker-Dealer will furnish or cause to be furnished to each person to whom any such sale or offer is made, at or prior to the time of offering or sale as required by lawsale, a copy of the prospectus Prospectus and, if requested, the related Statement of Additional Information (“SAI”). RCM Quasar shall not be liable under no liability to the Broker-Dealer hereunder, except for lack of good faith and for obligations expressly assumed by RCM Quasar herein. The Broker-Dealer shall not be responsible for omissions or misstatements in the Fund prospectus. Nothing herein contained, however, shall be deemed to be a condition, stipulation or provision binding any persons acquiring any security to waive compliance with, or to relieve the parties hereto from any liability arising under, the federal securities laws. RCM . (b) Quasar shall, from time to time, inform the Broker-Dealer as to the states and jurisdictions in which RCM Quasar believes the Shares have been qualified for sale under, or are exempt from the requirements of, the respective securities laws of such states and jurisdictions. The Broker-Dealer agrees that it will not knowingly offer or sell Shares in any state or jurisdiction in which such Shares are not qualified, unless any such offer or sale is made in a transaction that qualifies for an exemption from registration. RCM . (c) Quasar assumes no responsibility in connection with the registration of the Broker-Dealer under the laws of the various states or under federal law or the Broker-Dealer's ’s qualification under any such law to offer or sell Shares.

Appears in 1 contract

Sources: Dealer Agreement (Keystone Mutual Funds)

Compliance with Federal and State Laws. a. The Broker-Dealer Financial Intermediary will not sell any of the Shares except in compliance with all applicable federal and state securities laws. In connection with sales and offers to sell Shares, the Broker-Dealer Financial Intermediary will furnish or cause to be furnished to each person to whom any such sale or offer is made, at or prior to the time of the offering or sale as required by lawsale, a copy of the prospectus Prospectus, and, if requested, the related SAI. RCM shall not be liable under no liability to the Broker-Dealer hereunder, Financial Intermediary except for lack of good faith faith, and for obligations expressly assumed by RCM herein. The Broker-Dealer shall not be responsible for omissions or misstatements in the Fund prospectus. Nothing herein contained, however, shall be deemed to be a condition, stipulation stipulation, or provision binding any persons acquiring any security to waive compliance with, or to relieve the parties hereto from any liability arising under, the federal securities laws. . b. RCM shall, from time to time, inform the Broker-Dealer Financial Intermediary as to the states and jurisdictions in which RCM believes the Shares have been qualified for sale under, or are exempt from the requirements of, the respective securities laws of such states and jurisdictions. The Broker-Dealer Financial Intermediary agrees that it will not knowingly offer or sell Shares in any state or jurisdiction in which such Shares are not qualified, unless any such offer or sale is made in a transaction that qualifies for an exemption from registration. . c. RCM assumes no responsibility in connection with the registration of the Broker-Dealer Financial Intermediary under the laws of the various states or under federal law or the Broker-Dealer's Financial Intermediary’s qualification under any such law to offer or sell Shares.

Appears in 1 contract

Sources: Financial Intermediary Selling Agreement (State Funds)

Compliance with Federal and State Laws. The Broker-a. Dealer will not sell any of the Shares except in compliance with all applicable federal and state securities laws. In connection with sales and offers to sell Shares, the Broker-Dealer will furnish or cause to be furnished to each person to whom any such sale or offer is made, at or prior to the time of offering or sale as required by lawsale, a copy of the prospectus Prospectus and, if requested, the related SAI. RCM Vigilant Distributors shall not be liable under no liability to the Broker-Dealer hereunder, except for lack of good faith and for obligations expressly assumed by RCM Vigilant Distributors herein. The Broker-Dealer shall not be responsible for omissions or misstatements in the Fund prospectus. Nothing herein contained, however, shall be deemed to be a condition, stipulation or provision binding any persons acquiring any security to waive compliance with, or to relieve the parties hereto from any liability arising under, the federal securities laws. RCM . b. Vigilant Distributors shall, from time to time, inform the Broker-Dealer as to the states and jurisdictions in which RCM Vigilant Distributors believes the Shares have been qualified for sale under, or are exempt from the requirements of, the respective securities laws of such states and jurisdictions. The Broker-Dealer agrees that it will not knowingly offer or sell Shares in any state or jurisdiction in which such Shares are not qualified, unless any such offer or sale is made in a transaction that qualifies for an exemption from registration. RCM . c. Vigilant Distributors assumes no responsibility in connection with the registration of the Broker-Dealer under the laws of the various states or under federal law or the Broker-Dealer's ’s qualification under any such law to offer or sell Shares.

Appears in 1 contract

Sources: Dealer Selling Agreement (Align Alternative Access Fund)

Compliance with Federal and State Laws. The Broker-Dealer will not sell any of the Shares except in compliance with all applicable federal and state securities laws. In connection with sales and offers to sell Shares, the Broker-Dealer will furnish or cause to be furnished to each person to whom any such sale or offer is made, at or prior to the time of the offering or sale as required by lawsale, a copy of the prospectus prospectus, and, if requested, the related SAI. RCM shall not be liable under no liability to the Broker-Dealer hereunder, except for lack of good faith faith, and for obligations expressly assumed by RCM herein. The Broker-Dealer shall not be responsible for omissions or misstatements in the Fund prospectus. Nothing herein contained, however, shall be deemed to be a condition, stipulation stipulation, or provision binding any persons acquiring any security to waive compliance with, or to relieve the parties hereto from any liability arising under, the federal securities laws. RCM shall, from time to time, inform the Broker-Dealer as to the states and jurisdictions in which RCM believes the Shares have been qualified for sale under, or are exempt from the requirements of, the respective securities laws of such states and jurisdictions. The Broker-Dealer agrees that it will not knowingly offer or sell Shares in any state or jurisdiction in which such Shares are not qualified, unless any such offer or sale is made in a transaction that qualifies for an exemption from registration. RCM assumes no responsibility in connection with the registration of the Broker-Dealer under the laws of the various states or under federal law or the Broker-Dealer's ’s qualification under any such law to offer or sell Shares.

Appears in 1 contract

Sources: Broker Dealer Agreement (Acadia Mutual Funds)

Compliance with Federal and State Laws. (a) The Broker-Dealer will not sell any of the Shares except in compliance with all applicable federal and state securities laws. In connection with sales and offers to sell Shares, the Broker-Dealer will furnish or cause to be furnished to each person to whom any such sale or offer is made, at or prior to the time of offering or sale as required by lawsale, a copy of the prospectus Prospectus and, if requested, the related statement of additional information ("SAI"). RCM Quasar shall not be liable under no liability to the Broker-Dealer hereunder, except for lack of good faith and for obligations expressly assumed by RCM Quasar herein. The Broker-Dealer shall not be responsible for omissions or misstatements in the Fund prospectus. Nothing herein contained, however, shall be deemed to be a condition, stipulation or provision binding any persons acquiring any security to waive compliance with, or to relieve the parties hereto from any liability arising under, the federal securities laws. RCM . (b) Quasar shall, from time to time, inform the Broker-Dealer as to the states and jurisdictions in which RCM Quasar believes the Shares have been qualified for sale under, or are exempt from the requirements of, the respective securities laws of such states and jurisdictions. The Broker-Dealer agrees that it will not knowingly offer or sell Shares in any state or jurisdiction in which such Shares are not qualified, unless any such offer or sale is made in a transaction that qualifies for an exemption from registration. RCM . (c) Quasar assumes no responsibility in connection with the registration of the Broker-Dealer under the laws of the various states or under federal law or the Broker-Dealer's qualification under any such law to offer or sell Shares.

Appears in 1 contract

Sources: Dealer Agreement (Prudent Bear Funds Inc)