Common use of Sale and Repurchase of Shares Clause in Contracts

Sale and Repurchase of Shares. (a) Distributor will use its best efforts (but only in states in which it may lawfully do so) to obtain from investors unconditional orders for Shares authorized for issue by the Trust and registered under the Securities Act, provided that Distributor may in its discretion refuse to accept orders for such shares from any particular applicant.

Appears in 14 contracts

Samples: Distribution Agreement (Destra Investment Trust), Distribution Agreement (John Hancock Funds II), Distribution Agreement (John Hancock Funds III)

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Sale and Repurchase of Shares. (a) Distributor will use its best efforts (but only in states in which it may lawfully do so) to obtain from investors unconditional orders for Shares authorized for issue by the Trust Corporation and registered under the Securities Act, provided that Distributor may in its discretion refuse to accept orders for such shares from any particular applicant.

Appears in 2 contracts

Samples: Distribution Agreement (Meridian Fund Inc), Distribution Agreement (Meridian Fund Inc)

Sale and Repurchase of Shares. (a) Distributor will use its best efforts (but only in states in which it may lawfully do so) to obtain from investors unconditional orders for Shares authorized for issue by the Trust and registered under the Securities Act, provided that Distributor may in its discretion refuse to accept orders for such shares Shares from any particular applicant.

Appears in 2 contracts

Samples: Distribution Agreement (John Hancock Strategic Series), Distribution Agreement (John Hancock Strategic Series)

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Sale and Repurchase of Shares. (a) Distributor will use its best efforts (but only in states in which it may lawfully do so) to obtain from investors unconditional orders for Shares authorized for issue by the Trust Corporation and registered under the Securities 1933 Act, provided that each of Distributor and the Corporation may in its sole discretion refuse to accept orders for such shares Shares from any particular applicant.

Appears in 1 contract

Samples: Form of Distribution Agreement (Meridian Fund Inc)

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