Purchase of Interests. (a) As Distributor, you shall have the right, subject to the terms of this Agreement, to accept or reject orders for the purchase of Interests at your discretion. Any consideration that you may receive in connection with a rejected purchase order must be returned promptly.
Appears in 6 contracts
Samples: Distribution Agreement (Bacap Technology Fund LLC), Distribution Agreement (Bacap Alternative Mult Strategy Fund LLC), Distribution Agreement (Bacap Alternative Mult Strategy Fund LLC)
Purchase of Interests. (a) As General Distributor, you shall have the right, subject to the terms of this Agreement, right to accept or reject orders for the purchase of Interests at your discretion. Any consideration that you may receive in connection with a rejected purchase order must be returned promptly.
Appears in 4 contracts
Samples: General Distributor's Agreement (Ofi Tremont Market Neutral Hedge Fund), General Distributor's Agreement (Oppenheimer Tremont Opportunity Fund LLC), General Distributor's Agreement (Oppenheimer Tremont Market Neutral Fund LLC)
