Common use of Payments to Recipients Clause in Contracts

Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or

Appears in 2 contracts

Sources: Distribution Agreement (Oppenheimer Cash Reserves/Co/), Distribution Agreement (Oppenheimer International Small Co Fund)

Payments to Recipients. The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/orand/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount

Appears in 1 contract

Sources: Distribution Agreement (SteelPath MLP Funds Trust)