Selected Dealer shall have the same meaning in this Agreement as in the Distribution Agreement. As principal, we offer to sell shares to you, as a Selected Dealer, upon the following terms and conditions:
Selected Dealer means a member in good standing of the National Association of Securities Dealers, Inc. which has been selected by the Dealer Manager to offer and sell the Depositary Units.
Selected Dealer shall have the meaning ascribed to such term in Section 6.1.
Examples of Selected Dealer in a sentence
Notwithstanding anything to the contrary contained herein, if any Underwriter, Selected Dealer or Controlling Person shall assume the defense of such action as provided above, the Company shall have the right to approve the terms of any settlement of such action which approval shall not be unreasonably withheld.
Notwithstanding anything to the contrary contained herein, if the Underwriter, Selected Dealer or controlling person shall assume the defense of such action as provided above, the Company shall have the right to approve the terms of any settlement of such action which approval shall not be unreasonably withheld.
Any such offering of Securities to you as a Selected Dealer is hereinafter called an "Offering".
Nothing contained in this Selected Dealer Agreement shall be construed to impose upon the Company or the Dealer Manager the responsibility of assuring that prospective investors meet the suitability standards in accordance with the terms and provisions of the Prospectus.
The rights and liabilities of each Underwriter of Securities and each Selected Dealer shall be several and not joint.
More Definitions of Selected Dealer
Selected Dealer shall have the same meaning in this Agreement as in the Distribution Agreements. As principal, we offer to sell Shares to your customers, upon the following terms and conditions: 1. In all sales of Shares to the public you shall act on behalf of your customers which for purposes of this Agreement are limited to customers for which Nations Banc Investments, Inc. is the Introducing Broker, and in no transaction shall you have any authority to act as agent for a Fund, for us or for any Selected Dealer. 2. Orders received from you will be accepted through us or on our behalf only at the public offering price applicable to each order, as set forth in the applicable current Prospectus. The procedure relating to the handling of orders shall be subject to written instructions which we or the applicable Fund shall forward from time to time to you. All orders are subject to acceptance or rejection by us or a Fund in the sole discretion of either. The Distributor of the Fund will promptly notify you in writing of any such rejection. 3. You shall not place orders for any Shares unless you have already received purchase orders for such Shares at the applicable public offering price and subject to the terms hereof and of the applicable Distribution Agreement and Prospectus. In connection herewith, you agree to abide by the terms of the applicable Distribution Agreement and Prospectus to the extent required hereunder. Furthermore, you agree that (i) you will offer or sell any of the Shares only under circumstances that will result in compliance with all applicable Federal and state securities laws; (ii) you will not furnish or cause to be furnished to any person any information relating to the Shares which is inconsistent in any respect with the information contained in the applicable Prospectus (as then amended or supplemented) or cause any advertisements to be published by radio or television or in any newspaper or posted in any public place or use any sales promotional material without our consent and the consent of the applicable Fund; and (iii) you will endeavor to obtain proxies from purchasers of Shares. You also agree that you will be liable to Distributor for payment of the purchase price for Shares purchased by customers and that you shall make payment for such shares when due. 4. We will compensate you for sales of shares of the Funds and personal services to Fund shareholders by paying you a sales charge and/or other commission (which may be in the form of a ...
Selected Dealer have the meanings set forth in Section 2.3.
Selected Dealer as used herein shall include the Managing Dealer and other selected dealers as part of the selling group. All Selected Dealers shall be bound by this Agreement. However, for purposes of communications and directives, the Escrow Agent need only accept instructions from the Managing Dealer, as the representative of the Selected Dealers.
Selected Dealer s acceptance of this Agreement constitutes a representation to both the Company and to the Dealer Manager that Selected Dealer is a properly registered or licensed broker-dealer, duly authorized to sell Shares under federal and state securities laws and regulations in all states where it offers or sells Shares, and that it is a member in good standing of FINRA. Selected Dealer represents and warrants that it is currently licensed as a broker-dealer in the jurisdictions identified on Schedule 1 to this Agreement and that its independent contractors and registered representatives have the appropriate licenses to offer and sell the Shares in such jurisdictions. This Agreement shall automatically terminate with no further action by either party if Selected Dealer ceases to be a member in good standing of FINRA or with the securities commission of any state in which Selected Dealer is currently registered or licensed. Selected Dealer agrees to notify the Dealer Manager immediately if Selected Dealer ceases to be a member in good standing of FINRA or with the securities commission of any state in which Selected Dealer is currently registered or licensed.
Selected Dealer as used herein shall include the Underwriter and other co-underwriters and/or other Selected Dealers as part of the Selling Group. All Selected Dealers shall be bound by this Agreement. However, for purposes of communications and directives, the Escrow Agent need only accept those signed by Andrew Garrett, Inc.
Selected Dealer means a person or entity which is a member of the NASDR and which is selected by the Placement Agent pursuant to this Placement Agent Agreement to assist the Placement Agent in the Offering.
Selected Dealer shall have the meaning ascribed thereto in Subsection 1(2) of this Agreement and, for greater certainty, shall include Paramount Capital, Inc.