Common use of Sale and Repurchase of Shares Clause in Contracts

Sale and Repurchase of Shares. (a) Underwriter will have the right, as agent for the Trust, to enter into dealer agreements with responsible investment dealers, and to sell Shares to such investment dealers against orders therefor at the public offering price (as defined in subparagraph 2(e) hereof) less a discount determined by Underwriter, which discount shall not exceed the amount of the sales charge stated in the Trust's effective Registration Statement on Form N-1A under the Securities Act of 1933, as amended, including the then current prospectus and statement of additional information (the "Registration Statement"). Upon receipt of an order to purchase Shares from a dealer with whom Underwriter has a dealer agreement, Underwriter will promptly cause such order to be filled by the Trust.

Appears in 13 contracts

Samples: Underwriting Agreement (Countrywide Strategic Trust), Underwriting Agreement (New York State Opportunity Funds), Underwriting Agreement (Dean Family of Funds)

AutoNDA by SimpleDocs

Sale and Repurchase of Shares. (a) Underwriter will have the right, as agent for the TrustFund, to enter into dealer agreements with responsible investment dealers, and to sell Shares to such investment dealers against orders therefor at the public offering price (as defined in subparagraph 2(e) hereof) less a discount determined by Underwriter, which discount shall not exceed the amount of the sales charge stated in the TrustFund's effective Registration Statement on Form N-1A under the Securities Act of 1933, as amended, including the then current prospectus and statement of additional information (the "Registration Statement"). Upon receipt of an order to purchase Shares from a dealer with whom Underwriter has a dealer agreement, Underwriter will promptly cause such order to be filled by the TrustFund.

Appears in 4 contracts

Samples: Underwriting Agreement (Boyar Value Fund Inc), Underwriting Agreement (Boyar Value Fund Inc), Underwriting Agreement (Boyar Value Fund Inc)

Sale and Repurchase of Shares. (a) Underwriter will have the right, as agent for the Trust, to enter into dealer agreements with responsible investment dealers, and to sell Shares to such investment dealers against orders therefor therefore at the public offering price (as defined in subparagraph 2(e) hereof) less a discount determined by Underwriter, which discount shall not exceed the amount of the sales charge stated in the Trust's effective Registration Statement on Form N-1A under the Securities Act of 1933, as amended, including the then current prospectus and statement of additional information (the "Registration Statement"). Upon receipt of an order to purchase Shares from a dealer with whom Underwriter has a dealer agreement, Underwriter will promptly cause such order to be filled by the Trust.

Appears in 2 contracts

Samples: Underwriting Agreement (Ameriprime Advisors Trust), Underwriting Agreement (Ameriprime Funds)

Sale and Repurchase of Shares. (a) Underwriter will have the right, as agent for the Trust, to enter into dealer agreements with responsible investment dealers, and to sell Shares to such investment dealers against orders therefor at the public offering price (as defined in subparagraph 2(e) hereof) less a discount determined by Underwriter, which discount shall not exceed the amount of the sales charge stated in the Trust's effective Registration Statement on Form N-1A under the Securities Act of 1933, as amended, including the then then-current prospectus and statement of additional information (the "Registration Statement"). Upon receipt of an order to purchase Shares from a dealer with whom Underwriter has a dealer agreement, Underwriter will promptly cause such order to be filled by the Trust.

Appears in 1 contract

Samples: Underwriting Agreement (Brundage Story & Rose Investment Trust)

Sale and Repurchase of Shares. (a) Underwriter will have the right, as agent for the TrustCompany, to enter into dealer agreements with responsible investment dealers, and to sell Shares to such investment dealers against orders therefor therefore at the public offering price (as defined in subparagraph 2(e) hereof) less a discount determined by the Underwriter, and approved by the Company, which discount shall not exceed the amount of the sales charge stated in the TrustCompany's effective Registration Statement on Form N-1A under the Securities Act of 1933, as amended, including the then current prospectus and statement of additional information (the "Registration Statement"). Upon receipt of an order to purchase Shares from a dealer with whom Underwriter has a dealer agreement, Underwriter will promptly cause such order to be filled by the TrustCompany.

Appears in 1 contract

Samples: Form of Underwriting Agreement (Electric City Funds Inc)

Sale and Repurchase of Shares. (a) Underwriter will have the right, as agent for the Trust, to enter into dealer agreements with responsible investment dealers, and to sell Shares to such investment dealers against orders therefor therefore at the public offering price (as defined in subparagraph 2(e) hereof) less a discount determined by Underwriter, which discount shall not exceed the amount of the sales charge stated in the Trust's effective Registration Statement on Form N-1A under the Securities Act of 1933, as amended, including the then current prospectus and statement of additional information (the "Registration Statement"). Upon receipt of an order to purchase Shares from a dealer with whom Underwriter has a dealer agreement, Underwriter will promptly cause such order to be filled by the Trust.

Appears in 1 contract

Samples: Underwriting Agreement (Ameriprime Funds)

Sale and Repurchase of Shares. (a) Underwriter will have the right, as agent for the TrustTrust and the Investment Adviser, to enter into dealer agreements with responsible investment dealersfinancial intermediaries, and to sell Shares to such investment dealers financial intermediaries against orders therefor therefore at the public offering price (as defined in subparagraph 2(eSubsection 2(d) hereof) less a discount determined by Underwriter, which discount shall not exceed the amount of the sales charge stated in the Trust's ’s effective Registration Statement on Form N-1A under the Securities Act of 1933, as amended, including the then then-current prospectus prospectus, summary prospectus, if applicable, and statement of additional information (the "Registration Statement"). Upon receipt of an order to purchase Shares from a dealer with whom Underwriter has a dealer agreement, Underwriter will promptly cause such order to be filled by the Trust.

Appears in 1 contract

Samples: Distribution Agreement (Advisers Investment Trust)

AutoNDA by SimpleDocs

Sale and Repurchase of Shares. (a) Underwriter will have the right, as agent for the Trust, to enter into dealer agreements with responsible investment dealers, and to sell Shares to such investment dealers against orders therefor at the public offering price (as defined in subparagraph 2(e) hereof) less a discount determined by Underwriter, which discount shall not exceed the amount of the sales charge stated in the Trust's effective Registration Statement on Form N-1A under the Securities Act of 1933, as amended, including the then current prospectus and statement of additional information (the "Registration Statement"). Upon receipt of an order to purchase Shares from a dealer with whom Underwriter has a dealer agreement, Underwriter will promptly cause such order to be filled by the Trust. 2 (b) Underwriter will have the right, as agent for the Trust, to sell such Shares to the public against orders therefor at the public offering price.

Appears in 1 contract

Samples: Underwriting Agreement (Kenwood Funds)

Sale and Repurchase of Shares. (a) Underwriter will have the right, as agent for the Trust, to enter into dealer agreements with responsible investment registered and qualified dealers, and to sell Shares to such investment dealers against orders therefor at the public offering price (as defined in subparagraph 2(e) hereof) less a discount determined by Underwriter, which discount shall not exceed the amount of the sales charge stated in the Trust's effective Registration Statement on Form N-1A under the Securities Act of 1933, as amended, including the then current prospectus and statement of additional information (the "Registration Statement"). Upon receipt of an order to purchase Shares from a dealer with whom Underwriter has a dealer agreement, Underwriter will promptly cause such order to be filled by the Trust.

Appears in 1 contract

Samples: Underwriting Agreement (BSG Funds)

Sale and Repurchase of Shares. (a) a. Underwriter will have the right, as agent for the Trust, to enter into dealer agreements with responsible investment registered and qualified dealers, and to sell Shares to such investment dealers against orders therefor therefore at the public offering price (as defined in subparagraph 2(e) hereof) less a discount determined by Underwriter, which discount shall not exceed the amount of the sales charge stated in the Trust's effective Registration Statement on Form N-1A under the Securities Act of 1933, as amended, including the then current prospectus and statement of additional information (the "Registration Statement"). Upon receipt of an order to purchase Shares from a dealer with whom Underwriter has a dealer agreement, Underwriter will promptly cause such order to be filled by the Trust.

Appears in 1 contract

Samples: Underwriting Agreement (Diamond Hill Funds)

Sale and Repurchase of Shares. (a) Underwriter will have the right, as agent for the Trust, to enter into dealer agreements with responsible investment registered and qualified dealers, and to sell Shares to such investment dealers against orders therefor at the public offering price (as defined in subparagraph 2(e) hereof) less a discount determined by Underwriter, which discount shall not exceed the amount of the sales charge stated in the Trust's effective Registration Statement on Form N-1A under the Securities Act of 1933, as amendedamended (the "1933 Act"), including the then current prospectus and statement of additional information (the "Registration Statement"). Upon receipt of an order to purchase Shares from a dealer with whom Underwriter has a dealer agreement, Underwriter will promptly cause such order to be filled by the Trust.

Appears in 1 contract

Samples: Underwriting Agreement (Innovative Funds)

Time is Money Join Law Insider Premium to draft better contracts faster.