Common use of Sharing of Liability Clause in Contracts

Sharing of Liability. If any Underwriter shall default in its obligations (i) pursuant to Section 5.1, 5.2 or 5.4, (ii) to pay amounts charged to its account pursuant to Section 7.1, 7.2 or 8.1 or (iii) pursuant to Section 9.2, 9.3, 9.4, 9.5,

Appears in 15 contracts

Sources: Master Agreement (Pimco Corporate Income Fund), Master Agreement (Pimco Corporate Income Fund), Master Agreement Among Underwriters (Nuveen Arizona Dividend Advantage Municipal Fund 3)