Common use of Required Amendments Clause in Contracts

Required Amendments. If at any time when a prospectus relating to the Shares is required to be delivered under the Act any event shall have occurred as a result of which the Prospectus as then amended or supplemented includes an untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading, or if it shall be necessary at any time to amend or supplement the Prospectus, Registration Statement or Notification to comply with the Act or the Company Act, the Fund will notify the Dealer Manager promptly and prepare and file with the Commission an appropriate amendment or supplement (in form and substance satisfactory to the Dealer Manager) which will correct such statement or omission or which will effect such compliance and will use its best efforts to have any such amendment to the Registration Statement declared effective as soon as possible.

Appears in 3 contracts

Sources: Selling Agreement (Southwest Small Cap Equity Fund Inc), Selling Agreement (Southwest Small Cap Equity Fund Inc), Selling Agreement (Southwest Small Cap Equity Fund Inc)