Common use of Duties of the Distributor Clause in Contracts

Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I Shares but shall not be obligated to sell any specific number of Class I Shares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. In selling the Class I Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 8 contracts

Sources: Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc)

Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I A Shares but shall not be obligated to sell any specific number of Class I A Shares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. In selling the Class I A Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 8 contracts

Sources: Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc)

Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I C Shares but shall not be obligated to sell any specific number of Class I C Shares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. In selling the Class I C Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.National

Appears in 7 contracts

Sources: Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares of each Fund but shall not be obligated to sell any specific number of Class I Shares. The services of the Distributor to the Corporation Funds hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesShares of the Funds, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in financial intermediary having an agreement to offer and sell shares pursuant to Section 7 hereof, nor any other person is authorized by Corporation any Fund to give any information or to make any representations, other than those contained in the its registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporationsuch Fund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the Corporationeach Fund, for the confirmation of sales to eligible investors and selected dealersfinancial intermediaries, the collection of amounts payable by eligible investors and selected dealers financial intermediaries on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 7 contracts

Sources: Distribution Agreement (Merrill Lynch Adjustable Rate Securities Fund Inc), Distribution Agreement (Merrill Lynch Americas Income Fund Inc), Distribution Agreement (Merrill Lynch Mid Cap Growth Fund Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares B shares of the Fund, but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesB shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 7 contracts

Sources: Distribution Agreement (Merrill Lynch Federal Securities Trust), Distribution Agreement (Merrill Lynch Corporate High Yield Fund Inc), Distribution Agreement (Mercury Internet Strategies Fund Inc)

Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I B Shares but shall not be obligated to sell any specific number of Class I B Shares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. In selling the Class I B Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.National

Appears in 6 contracts

Sources: Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares of each Fund but shall not be obligated to sell any specific number of Class I Shares. The services of the Distributor to the Corporation Funds hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesShares of the Funds, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in financial intermediary having an agreement to offer and sell shares pursuant to Section 7 hereof, nor any other person is authorized by Corporation any Fund to give any information or to make any representations, other than those contained in the its registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporationsuch Fund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the Corporationeach Fund, for the confirmation of sales to eligible investors and selected dealersfinancial intermediaries, the collection of amounts payable by eligible investors and selected dealers financial intermediaries on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. Financial Industry Regulatory Authority (the "NASDFINRA"), as such requirements may from time to time exist.

Appears in 6 contracts

Sources: Distribution Agreement (Blackrock Eurofund), Distribution Agreement (Blackrock International Value Trust), Distribution Agreement (Blackrock Focus Value Fund, Inc.)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares C shares of the Fund but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesC shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 4 contracts

Sources: Distribution Agreement (Merrill Lynch Corporate High Yield Fund Inc), Distribution Agreement (Merrill Lynch Technology Leaders Fund Inc), Distribution Agreement (Merrill Lynch Disciplined Growth Fund Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares A shares of the Fund but shall not be obligated to sell any specific number of Class I SharesA shares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesA shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 4 contracts

Sources: Distribution Agreement (Merrill Lynch Corporate High Yield Fund Inc), Distribution Agreement (Merrill Lynch Focus Twenty Fund Inc), Distribution Agreement (Merrill Lynch Internet Strategies Fund Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares of each Fund but shall not be obligated to sell any specific number of Class I Shares. The services of the Distributor to the Corporation Funds hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesShares of the Funds, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in financial intermediary having an agreement to offer and sell shares pursuant to Section 7 hereof, nor any other person is authorized by Corporation any Fund to give any information or to make any representations, other than those contained in the its registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporationsuch Fund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the Corporationeach Fund, for the confirmation of sales to eligible investors and selected dealersfinancial intermediaries, the collection of amounts payable by eligible investors and selected dealers financial intermediaries on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. Financial Industry Regulatory Authority (the "NASD"“FINRA”), as such requirements may from time to time exist.

Appears in 3 contracts

Sources: Distribution Agreement (Blackrock Natural Resources Trust), Distribution Agreement (Blackrock Municipal Bond Fund, Inc.), Distribution Agreement (Blackrock Multi State Municipal Series Trust)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares A shares of the Fund but shall not be obligated to sell any specific number of Class I SharesA shares. The services of the Distributor to the Corporation Program hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesA shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Program to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationProgram. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationProgram, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 3 contracts

Sources: Distribution Agreement (Merrill Lynch Asset Builder Program Inc), Distribution Agreement (Merrill Lynch Asset Builder Program Inc), Distribution Agreement (Merrill Lynch Asset Builder Program Inc)

Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I Shares but shall not be obligated to sell any specific number of Class I Shares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. In selling the Class I Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in financial intermediary having an agreement with the Distributor to offer and sell Shares pursuant to Section 7 hereof, nor any other person is authorized by the Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealersfinancial intermediaries, the collection of amounts payable by eligible investors and selected dealers financial intermediaries on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 3 contracts

Sources: Distribution Agreement (Mercury Index Funds Inc), Distribution Agreement (Mercury Qa Strategy Series Inc/), Distribution Agreement (Merrill Lynch Index Funds Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares B shares of the Fund but shall not be obligated to sell any specific number of Class I SharesB shares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesB shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.National

Appears in 2 contracts

Sources: Distribution Agreement (Merrill Lynch Premier Growth Fund Inc), Distribution Agreement (Merrill Lynch Focus Twenty Fund Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares D shares of the Fund but shall not be obligated to sell any specific number of Class I SharesD shares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesD shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 2 contracts

Sources: Distribution Agreement (Merrill Lynch Corporate High Yield Fund Inc), Distribution Agreement (Merrill Lynch Internet Strategies Fund Inc)

Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of each Fund's Class I B Shares but shall not be obligated to sell any specific number of a Fund's Class I B Shares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. In selling the each Fund's Class I B Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Corporation to give any information or to make any representations, other than those contained in the Funds' registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealersdealers (as defined below), the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 2 contracts

Sources: Distribution Agreement (Mercury Life Strategy Fund Inc), Distribution Agreement (Mercury Quantitative Series Fund Inc)

Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of each Fund's Class I C Shares but shall not be obligated to sell any specific number of a Fund's Class I C Shares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. In selling the each Fund's Class I C Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Corporation to give any information or to make any representations, other than those contained in the Funds' registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealersdealers (as defined below), the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 2 contracts

Sources: Distribution Agreement (Mercury Life Strategy Fund Inc), Distribution Agreement (Mercury Quantitative Series Fund Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares B shares of the Fund, but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesB shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 2 contracts

Sources: Distribution Agreement (Mercury Large Cap Series Funds Inc), Distribution Agreement (Merrill Lynch Large Cap Series Funds Inc)

Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I B Shares but shall not be obligated to sell any specific number of Class I B Shares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. In selling the Class I B Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 2 contracts

Sources: Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc)

Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I D Shares but shall not be obligated to sell any specific number of Class I D Shares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. In selling the Class I D Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 2 contracts

Sources: Distribution Agreement (Merrill Lynch Global Financial Services Fund Inc), Distribution Agreement (Merrill Lynch Global Financial Services Fund Inc)

Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I B Shares but shall not be obligated to sell any specific number of Class I B Shares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. In selling the Class I B Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 2 contracts

Sources: Distribution Agreement (Merrill Lynch Global Financial Services Fund Inc), Distribution Agreement (Merrill Lynch Global Financial Services Fund Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares C shares of the Fund but shall not be obligated to sell any specific number of Class I SharesC shares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesC shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.National

Appears in 2 contracts

Sources: Distribution Agreement (Merrill Lynch Focus Twenty Fund Inc), Distribution Agreement (Merrill Lynch Premier Growth Fund Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares B shares of the Fund, but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Program hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesB shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Program to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationProgram. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationProgram, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 2 contracts

Sources: Distribution Agreement (Merrill Lynch Asset Builder Program Inc), Distribution Agreement (Merrill Lynch Asset Builder Program Inc)

Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of each Fund's Class I Shares but shall not be obligated to sell any specific number of a Fund's Class I Shares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. In selling the each Fund's Class I Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Corporation to give any information or to make any representations, other than those contained in the Funds' registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealersdealers (as defined below), the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 2 contracts

Sources: Distribution Agreement (Mercury Life Strategy Fund Inc), Distribution Agreement (Mercury Quantitative Series Fund Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares C shares of the Fund but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesC shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.Association

Appears in 2 contracts

Sources: Distribution Agreement (Merrill Lynch Strategic Dividend Fund), Distribution Agreement (Merrill Lynch Utility Income Fund Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares A shares of the Fund but shall not be obligated to sell any specific number of Class I SharesA shares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesA shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 2 contracts

Sources: Distribution Agreement (Mercury Internet Strategies Fund Inc), Distribution Agreement (Merrill Lynch Global Holdings Inc)

Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I C Shares but shall not be obligated to sell any specific number of Class I C Shares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. In selling the Class I C Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 2 contracts

Sources: Distribution Agreement (Merrill Lynch Global Financial Services Fund Inc), Distribution Agreement (Merrill Lynch Global Financial Services Fund Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares shares of the Fund but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Program hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I Sharesshares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Program to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationProgram. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationProgram, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 2 contracts

Sources: Distribution Agreement (Merrill Lynch Asset Builder Program Inc), Distribution Agreement (Merrill Lynch Asset Builder Program Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares C shares of the Fund, but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Program hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesC shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Program to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationProgram. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationProgram, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 2 contracts

Sources: Distribution Agreement (Merrill Lynch Asset Builder Program Inc), Distribution Agreement (Merrill Lynch Asset Builder Program Inc)

Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of each Fund's Class I A Shares but shall not be obligated to sell any specific number of a Fund's Class I A Shares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. In selling the each Fund's Class I A Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Corporation to give any information or to make any representations, other than those contained in the Funds' registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealersdealers (as defined below), the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 2 contracts

Sources: Distribution Agreement (Mercury Life Strategy Fund Inc), Distribution Agreement (Mercury Quantitative Series Fund Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares A shares of the Fund but shall not be obligated to sell any specific number of Class I SharesA shares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesA shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.National

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Utility Income Fund Inc)

Duties of the Distributor. a. 1. The Distributor shall devote reasonable time and effort to effect sales of Class I Shares but shall not be obligated to sell any specific number of Class I Shares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. 2. In selling the Class I Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in financial intermediary having an agreement with the Distributor to offer and sell Shares pursuant to Section 7 hereof, nor any other person is authorized by the Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. 3. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealersfinancial intermediaries, the collection of amounts payable by eligible investors and selected dealers financial intermediaries on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Mercury Qa Equity Series Inc /Nj/)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares B shares of the Fund, but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesB shares of the Fund, the Distributor shall use its best efforts in 'all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, dealer nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary neces-sary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.Association

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Global Allocation Fund Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares A shares of the Fund but shall not be obligated to sell any specific number of Class I SharesA shares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesA shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Large Cap Series Funds Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares B shares of the Fund but shall not be obligated to sell any specific number of Class I Sharesshares. The services of 8 the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesB shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.. 9

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Fundamental Growth Fund Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares C shares of the Fund, but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesC shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Mercury Large Cap Series Funds Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares D shares of the Fund but shall not be obligated to sell any specific number of Class I SharesD shares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesD shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Large Cap Series Funds Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares A shares of the Fund but shall not be obligated to sell any specific number of Class I SharesA shares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesA shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Mercury Large Cap Series Funds Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares C shares of the Fund, but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesC shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Global Holdings Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares B shares of the Fund, but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Trust hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesB shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Trust to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationTrust. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationTrust, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, 8 9 and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch California Insured Municipal Bond Fund of Merr)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares shares of the Fund but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I Sharesshares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Mercury Large Cap Series Funds Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares C shares of the Company but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Company hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesC shares of the Company, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Company to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationCompany. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationCompany, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Convertible Holdings Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares A shares of the Trust, but shall not be obligated to sell any specific number of Class I SharesA shares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like distribution arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesA shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal federal and state laws and regulations and the regulations of the National Association of Securities Dealers, Inc. (the "NASD") relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Trust to give any information or to make any representations, other than those contained in the registration statement Prospectus or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationTrust. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationTrust, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Financial Institutions Series Trust)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares class B shares of the Fund, but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesB shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform conform, with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, procedures as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers dealets on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association Association. 9 of Securities Dealers, Inc. (the "NASD"), as such requirements requiremets may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Short Term Global Income Fund Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares D shares of the Fund but shall not be obligated to sell any specific number of Class I SharesD shares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesD shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.of

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Real Estate Fund Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares C shares of the Fund but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Program hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesC shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Program to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationProgram. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationProgram, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Asset Builder Program Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares B shares of the Fund but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Trust hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesB shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationTrust. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationTrust, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities DealersNASD Regulation, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Retirement Reserves Mo Fu of Mer Lyn Re Ser Tr)

Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of each Fund's Class I A Shares but shall not be obligated to sell any specific number of a Fund's Class I A Shares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. In selling the each Fund's Class I A Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Corporation to give any information or to make any representations, other than those contained in the registration Funds'registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Mercury Index Funds Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares A shares of the Fund but shall not be obligated to sell any specific number of Class I SharesA shares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesA shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.of

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Real Estate Fund Inc)

Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I A Shares but shall not be obligated to sell any specific number of Class I A Shares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. In selling the Class I A Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Global Financial Services Fund Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares shares of the Fund, but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I Sharesshares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal federal and state laws and regulations and the regulations of the National Association of Securities Dealers, Inc. (the "NASD") relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, dealer nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and or any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Institutional Intermediate Fund)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares D shares of the Fund but shall not be obligated to sell any specific number of Class I SharesD shares. The 9 services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesD shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Fundamental Growth Fund Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time tine and effort to effect sales of Class I Shares shares of the Fund, but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I Sharesshares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither securities in either the Distributor nor any selected dealer, as defined in Section 7 hereof, dealer nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time tire to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Growth Fund for Investment & Retirement)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares C shares of the Fund but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesC shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by the Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Large Cap Series Funds Inc)

Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I Shares but shall not be obligated to sell any specific number of Class I Shares. The services of the Distributor to the Corporation Trust hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. In selling the Class I Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in financial intermediary having an agreement with the Distributor to offer and sell Shares pursuant to Section 7 hereof, nor any other person is authorized by Corporation the Trust to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationTrust. c. The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationTrust, for the confirmation of sales to eligible investors and selected dealersfinancial intermediaries, the collection of amounts payable by eligible investors and selected dealers financial intermediaries on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Principal Protected Trust)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares B shares of the Fund but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Program hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesB shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Program to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationProgram. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationProgram, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Asset Builder Program Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares C shares of the Fund but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesC shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association 9 of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Fundamental Growth Fund Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares D shares of the Company but shall not be obligated to sell any specific number of Class I SharesD shares. The services of the Distributor to the Corporation Company hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesD shares of the Company, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Company to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationCompany. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationCompany, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Convertible Holdings Inc)

Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I C Shares but shall not be obligated to sell any specific number of Class I C Shares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. In selling the Class I C Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Mercury Asset Management Funds Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares B shares of the Company, but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Company hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesB shares of the Company, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Company to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationCompany. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationCompany, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Convertible Holdings Inc)

Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I Shares but shall not be obligated to sell any specific number of Class I Shares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. In selling the Class I Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in financial intermediary having an agreement with the Distributor to offer and sell shares pursuant to Section 7 hereof, nor any other person is authorized by the Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealersfinancial intermediaries, the collection of amounts payable by eligible investors and selected dealers financial intermediaries on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Mercury Asset Management Funds Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable reasonable-time and effort to effect sales of Class I Shares shares of the Trust, but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Trust hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I Sharesshares of the Trust, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, dealer nor any other person is authorized by Corporation the Trust to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information for each 9 Series and any sales literature specifically approved by the CorporationTrust for use with respect to a particular Series. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationTrust, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements -requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Mun Interm Term Fd of Ml Mun Ser Tr)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares shares of the Fund, but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I Sharesshares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with 8 the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, dealer nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Strategic Dividend Fund)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares D shares of the Fund but shall not be obligated to sell any specific number of Class I SharesD shares. The services of the Distributor to the Corporation Program hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesD shares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Program to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationProgram. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationProgram, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Asset Builder Program Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares A shares of the Company but shall not be obligated to sell any specific number of Class I SharesA shares. The services of the Distributor to the Corporation Company hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesA shares of the Company, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Company to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationCompany. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationCompany, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Convertible Holdings Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares shares of the Fund, but shall not be obligated to sell any specific number of Class I Sharesshares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I Sharesshares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, securities dealer nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealersfinancial intermediaries, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Mercury Senior Floating Rate Fund Inc)

Duties of the Distributor. a. (a) The Distributor shall devote reasonable time and effort to effect sales of Class I Shares of the Fund, but shall not be obligated to sell any specific number of Class I Shares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. (b) In selling the Class I SharesShares of the Fund, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, dealer nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. (c) The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.National

Appears in 1 contract

Sources: Distribution Agreement (Hotchkis & Wiley Funds)

Duties of the Distributor. a. 1. The Distributor shall devote reasonable time and effort to effect sales of Class I Shares but shall not be obligated to sell any specific number of Class I Shares. The services of the Distributor to the Corporation hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. 2. In selling the Class I Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in financial intermediary having an agreement with the Distributor to offer and sell shares pursuant to Section 7 hereof, nor any other person is authorized by the Corporation to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the Corporation. c. 3. The Distributor shall adopt and follow procedures, as approved by the officers of the Corporation, for the confirmation of sales to eligible investors and selected dealersfinancial intermediaries, the collection of amounts payable by eligible investors and selected dealers financial intermediaries on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Mercury Target Select Equity Fund Inc)

Duties of the Distributor. a. The Distributor shall devote reasonable time and effort to effect sales of Class I A Shares but shall not be obligated to sell any specific number of Class I A Shares. The services of the Distributor to the Corporation Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Distributor from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby. b. In selling the Class I A Shares, the Distributor shall use its best efforts in all respects duly to conform with the requirements of all Federal and state laws relating to the sale of such securities. Neither the Distributor nor any selected dealer, as defined in Section 7 hereof, nor any other person is authorized by Corporation the Fund to give any information or to make any representations, other than those contained in the registration statement or related prospectus and statement of additional information and any sales literature specifically approved by the CorporationFund. c. The Distributor shall adopt and follow procedures, as approved by the officers of the CorporationFund, for the confirmation of sales to eligible investors and selected dealers, the collection of amounts payable by eligible investors and selected dealers on such sales, and the 6 cancellation of unsettled transactions, as may be necessary to comply with the requirements of the National Association of Securities Dealers, Inc. (the "NASD"), as such requirements may from time to time exist.

Appears in 1 contract

Sources: Distribution Agreement (Merrill Lynch Global Financial Services Fund Inc)