Common use of Principal Underwriter Clause in Contracts

Principal Underwriter. The Trustees may in their discretion from time to time authorize the Trust to enter into one or more contracts providing for the sale of the Shares. Pursuant to any such contract the Trust may either agree to sell the Shares to the other party to the contract or appoint such other party its sales agent for such Shares. In either case, any such contract shall be on such terms and conditions as the Trustees may in their discretion determine; and any such contract may also provide for the sale of Shares by such other party as principal or as agent of the Trust.

Appears in 86 contracts

Samples: Agreement and Declaration of Trust (John Hancock Tax-Advantaged Global Shareholder Yield Fund), Agreement and Declaration (Eaton Vance Floating-Rate 2022 Target Term Trust), Agreement and Declaration of Trust (Eaton Vance Floating-Rate 2024 Target Term Trust)

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Principal Underwriter. The Trustees may in their discretion from time to time may authorize the Trust to enter into one or more contracts providing for the sale of the Shares. Pursuant to any such contract contract, the Trust may agree either agree to sell the Shares to the other party to the contract or appoint such other party its sales agent for such Shares. In either case, any such contract shall be on such terms and conditions as the Trustees may in their discretion may determine; and any such contract also may also provide for the sale of Shares by such other party as principal or as agent of the Trust.

Appears in 1 contract

Samples: Highland Capital Fixed Income Fund

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