Rules of NASD, etc Clause Samples
The "Rules of NASD, etc" clause establishes that the agreement and the parties involved are subject to the rules and regulations of the National Association of Securities Dealers (NASD) and potentially other relevant regulatory bodies. In practice, this means that all activities, transactions, and obligations under the agreement must comply with the standards and requirements set forth by these organizations, such as conduct rules, reporting requirements, and dispute resolution procedures. The core function of this clause is to ensure regulatory compliance and provide a clear framework for resolving conflicts or ambiguities by referencing established industry rules.
Rules of NASD, etc. ▇▇▇▇▇▇ will conform to the Rules of Fair Practice of the National Association of Securities Dealers, Inc. and the sale of securities laws of any jurisdiction in which it sells, directly or indirectly, any shares. ▇▇▇▇▇▇ also agrees to furnish to the Fund sufficient copies of any agreements or plans it intends to use in connection with any sales of shares in adequate time for the Fund to file and clear them with the proper authorities before they are put in use, and not to use them until so filed and cleared.
Rules of NASD, etc. (a) In providing services hereunder, Distributor will comply with the Rules of the NASD, the federal securities laws and the rules thereunder and the securities laws and regulations of each state and other jurisdiction in which it sells, directly or indirectly, any Shares.
(b) Distributor will require each dealer with whom Distributor has a dealer agreement to conform to the applicable provisions hereof and the Registration Statement with respect to the public offering price of the Shares, and neither Distributor nor any such dealers shall withhold the placing of purchase orders so as to make a profit thereby.
(c) Distributor agrees to furnish to the Trust sufficient copies of any agreements, plans or other materials it intends to use in connection with any sales of Shares in reasonably adequate time for the Trust to file and clear them with the proper authorities before they are put in use, and not to use them until so filed and cleared. At the request of the Trust, Distributor will assume responsibility for the review and clearance of all advertisements and sales literature.
(d) Distributor, at its own expense, will qualify as dealer or broker, or otherwise, under all applicable state or federal laws required in order that Shares may be sold in such States as may be mutually agreed upon by the parties.
(e) Distributor shall not make, or permit any representative, broker or dealer to make, in connection with any sale or solicitation of a sale of the Shares, any representations concerning the Shares except those contained in the then current prospectus and statement of additional information covering the Shares and in printed information approved by the Trust as information supplemental to such prospectus and statement of additional information. Copies of the then effective prospectus and statement of additional information and any such printed supplemental information will be supplied by the Trust to Distributor in reasonable quantities upon request.
Rules of NASD, etc. (a) Distributor will conform to the Rules of the NASD and the securities laws of any jurisdiction in which it sells, directly or indirectly, any Shares.
(b) Distributor will require each dealer with whom Distributor has a dealer agreement to conform to the applicable provisions hereof and the Registration Statement with respect to the public offering price of the Shares, and neither Distributor nor any such dealers shall withhold the placing of purchase orders so as to make a profit thereby.
(c) Distributor agrees to furnish to the Fund sufficient copies of any agreements, plans or other materials it intends to use in connection with any sales of Shares in reasonably adequate time for the Distributor, on behalf of the Fund, to file and clear them with the proper authorities before they are put in use, and not to use them until so filed and cleared.
(d) Distributor, at its own expense, will qualify as dealer or broker, or otherwise, under all applicable state or federal laws required in order that Shares may be sold in such States as may be mutually agreed upon by the parties.
(e) Distributor shall not make, or permit any representative, broker or dealer to make, in connection with any sale or solicitation of a sale of the Shares, any representations concerning the Shares except those contained in the then current prospectus and statement of additional information covering the Shares and in printed information approved by the Fund as information supplemental to such prospectus and statement of additional information. Copies of the then effective prospectus and statement of additional information and any such printed supplemental information will be supplied by the Fund to Distributor in reasonable quantities upon request.
Rules of NASD, etc. (a) FDDI will conform to the Conduct Rules of the NASD and the securities laws of any jurisdiction in which it directly or indirectly sells any Shares.
(b) FDDI will require each dealer with whom FDDI has a selling agreement to conform to the applicable provisions of the Prospectus, with respect to the public offering price of the Shares, and FDDI shall not withhold the placing of purchase orders so as to make a profit thereby.
(c) The Fund and the Company agree to furnish FDDI sufficient copies of any and all: agreements, plans, communications with the public or other materials which the Fund or the Company intend to use in connection with any sales of Shares, in adequate time for FDDI to file and clear such materials with the proper authorities before they are put in use. FDDI and the Fund or the Company may agree that any such material does not need to be filed subsequent to distribution. In addition, the Fund and the Company agree not to use any such materials until so filed and cleared for use, if required, by appropriate authorities as well as by FDDI.
(d) FDDI, at its own expense, will qualify as a dealer or broker, or otherwise, under all applicable state or federal laws required in order that the Shares may be sold in such states as may be mutually agreed upon by the Parties.
(e) FDDI shall remain registered with the SEC and a member of the NASD for the term of this Agreement.
(f) FDDI shall not, in connection with any sale or solicitation of a sale of the Shares, make or authorize any representative, service organization, broker or dealer to make any representations concerning the Shares, except those contained in the Prospectus offering the Shares and in communications with the public or sales materials approved by FDDI as information supplemental to such Prospectus. Copies of the Prospectus will be supplied by the Fund or the Company to FDDI in reasonable quantities upon request.
(g) FDDI shall only be authorized to make representations in respect of the Fund consistent with the then current Prospectus, Statement of Additional Information, and other written information provided by the Fund or its agents to be used explicitly with respect to the sale of Shares.
Rules of NASD, etc. (a) PFPC Distributors will conform to the Conduct Rules of the NASD and the securities laws of any jurisdiction in which it directly or indirectly sells any Shares.
(b) PFPC Distributors will require each dealer with whom PFPC Distributors has a selling agreement to conform to the applicable provisions of the Prospectus, with respect to the public offering price of the Shares, and PFPC Distributors shall not withhold the placing of purchase orders so as to make a profit thereby.
(c) The Fund agrees to furnish PFPC Distributors sufficient copies of any and all: agreements, plans, communications with the public or other materials which the Fund intends to use in connection with any sales of Shares, in adequate time for PFPC Distributors to file and clear such materials with the proper authorities before they are put in use. PFPC Distributors and the Fund may agree that any such material does not need to be filed subsequent to distribution. In addition, the Fund agrees not to use any such materials until so filed and cleared for use, if required, by appropriate authorities as well as by PFPC Distributors.
(d) PFPC Distributors, at its own expense, will qualify as a dealer or broker, or otherwise, under all applicable state or federal laws required in order that the Shares may be sold in such states as may be mutually agreed upon by the Parties.
(e) PFPC Distributors shall remain registered with the SEC and a member of the NASD for the term of this Agreement.
(f) PFPC Distributors shall not, in connection with any sale or solicitation of a sale of the Shares, make or authorize any representative, service organization, broker or dealer to make any representations concerning the Shares, except those contained in the Prospectus offering the Shares and in communications with the public or sales materials approved by PFPC Distributors as information supplemental to such Prospectus. Copies of the Prospectus will be supplied by the Fund to PFPC Distributors in reasonable quantities upon request.
(g) PFPC Distributors shall only be authorized to make representations in respect of the Fund consistent with the then current Prospectus, Statement of Additional Information, and other written information provided by the Fund or its agents to be used explicitly with respect to the sale of Shares.
Rules of NASD, etc. U.S. Boston Capital will conform to the Conduct Rules of the National Association of Securities Dealers, Inc. and the securities laws of any jurisdiction in which it sells, directly or indirectly, any Trust shares. U.S. Boston Capital also agrees to furnish to the Trust sufficient copies of any agreements or plans it intends to use in connection with any sales of shares in adequate time for the Trust to file and clear them with the proper authorities before they are put in use, and not to use them until so filed and cleared.
Rules of NASD, etc. (a) Underwriter will conform in all material respects to the Rules of Fair Practice of the NASD and the securities laws of any jurisdiction in which it sells any Shares.
(b) Underwriter will require each dealer with whom Underwriter has a dealer agreement to conform to the applicable provisions of the Prospectus, with respect to the public offering price of the Shares, and Underwriter shall not withhold the placing of purchase orders so as to make a profit thereby.
(c) Underwriter agrees to obtain the prior written approval of the Fund (which approval shall not be unreasonably withheld or delayed) with regard to, and file and clear with the proper authorities copies of, any agreements, plans or other materials it intends to use in connection with any sales of Shares. Copies of such materials and evidence of filing with the proper authorities shall be furnished to the Fund. To the extent the Fund has created any such sales materials, the Fund shall not use such materials until Underwriter has approved of such materials and filed them with the proper authorities.
(d) Underwriter shall not make, or authorize any registered representative, broker or dealer to make, in connection with any sales or solicitation of a sale of the Shares, any representations concerning the Shares except those contained in the Prospectus covering the Shares and in sales materials approved by the Underwriter and the Fund as information supplemental to such Prospectus. Copies of the Prospectus will be supplied by the Fund to Underwriter in reasonable quantities upon request.
Rules of NASD, etc. The Distributor will conform to the Rules of Fair Practice of the National Association of Securities Dealers, Inc. and the securities laws of any jurisdiction in which it sells, directly or indirectly, any shares. The Distributor also agrees to furnish to the Trust sufficient copies of any agreement or plans it intends to use in connection with any sales of shares in adequate time for the Trust to file and clear them with the proper authorities before they are put in use, and not to use them until so filed and cleared.
Rules of NASD, etc. (a) Underwriter will conform to the Rules of Fair Practice of the NASD and the securities laws of any jurisdiction in which it sells any Shares.
(b) Underwriter, at its own expense, will qualify as a dealer or broker, or otherwise, under all applicable State or federal laws required in order that Shares may be sold in such States as may be mutually agreed upon by the parties.
(c) Underwriter shall not make, or permit any representative to make, in connection with any sale of Shares, any representations concerning the Shares except those contained in the then current prospectus and statement of additional information covering the Shares and in printed information approved by the Trust as information supplemental to such prospectus and statement of additional information.
Rules of NASD, etc. Distributor will conform to the Rules of the National Association of Securities Dealers, Inc. and applicable securities laws of any jurisdiction in which it sells, directly or indirectly, any shares. Distributor also agrees to furnish to the Trust sufficient copies of any agreements or plans it intends to use in connection with any sales of shares in adequate time for the Trust to file and clear them with the proper authorities before they are put in use, and not to use them until so filed and cleared.