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Document Preview Master Selected Dealer Agreement |
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Title: |
Master Selected Dealer Agreement |
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Entities: |
Kayne Anderson Energy Total Return Fund, Inc.; Salomon Smith Barney Inc.; Smith Barney Inc. |
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Date: |
2005 |
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Size: |
Preview shows 3KB of 22KB total |
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Price: |
$34 |
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ID: |
#2365271 |
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MASTER SELECTED DEALER AGREEMENT
July 1, 1999
Ladies and Gentlemen:
In connection with registered public offerings of securities for which we
are acting as manager or co-manager of an underwriting syndicate or unregistered
offerings of securities for which we are acting as manager or co-manager of the
initial purchasers, you may be offered the right as a selected dealer to
purchase as principal a portion of such securities. This will confirm our mutual
agreement as to the general terms and conditions applicable to your
participation in any such selected dealer group.
1. APPLICABILITY OF THIS AGREEMENT. The terms and conditions of this
Agreement shall be applicable to any offering of securities ("Securities"),
whether pursuant to a registration statement filed under the Securities Act of
1933, as amended (the "Securities Act"), or exempt from registration thereunder,
in respect of which Salomon Smith Barney Inc. (acting for its own account or for
the account of any underwriting or similar group or syndicate) is responsible
for managing or otherwise implementing the sale of the Securities to selected
dealers ("Selected Dealers") and has expressly informed you that such terms and
conditions shall be applicable. Any such offering of Securities to you as a
Selected Dealer is hereinafter called an "Offering". In the case of any Offering
where we are acting for the account of any underwriting or similar group or
syndicate ("Underwriters"), the terms and conditions of this Agreement shall be
for the benefit of, and binding upon, such Underwriters, including, in the case
of any Offering where we are acting with others as representatives of
Underwriters, such other representatives.
2. CONDITIONS OF OFFERING; ACCEPTANCE AND PURCHASES. Any Offering will be
subject to delivery of the Securities and their acceptance by us and any other
Underwriters, may be subject to the approval of all legal matters by counsel and
the satisfaction of other conditions, and may be made on the basis of
reservation of Securities or an allotment against subscription. We will advise
you by telecopy, telex or other form of written communication ("Written
Communication", which term, in the case of any Offering described in Section
3(a) or 3(b) hereof, may include a prospectus or offering circular) of the
particular method and supplementary terms and conditions (including, without
limitation, the information as to prices and the offering date referred to in
Section 3(c) hereof) of any Offering in which you are invited to participate. To
the extent such supplementary terms and conditions are inconsistent with any
provision herein, such terms and conditions shall supersede any such provision.
Unless otherwise indicated in any such Written Communication, acceptances and
other communications by you with respect to an Offering should be sent to the
appropriate Syndicate Department of Salomon Smith Barney Inc. We may close the
subscription books at any time in our sole discretion without notice, and we
reserve the right to reject any acceptance in whole or in part.
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