EX-23.(L) 7 d27460_ex23l.txt PURCHASE AGREEMENT (INVESTMENT LETTER) EXHIBIT ITEM 23(l) Purchase Agreement INVESTMENT LETTER SELIGMAN GLOBAL FUND SERIES, INC. Seligman Global Fund Series, Inc. (the "Fund"), an open-end diversified management investment company, and the undersigned (the "Purchaser"), intending to be legally bound, hereby agree to the following: 1. The Fund hereby sells to Purchaser and Purchaser purchases such number of Class I shares of Capital Stock (par value $.001) of the Seligman International Growth Fund Series of the Fund (the "International Series") corresponding to a $1,000.00 investment, at a price per share equivalent to the net asset value of one Class A share of the International Series as of the close of business on November 30, 2001, such number of Class I shares of Capital Stock (par value $.001) of the Seligman Emerging Markets Fund Series of the Fund (the "Emerging Markets Series") corresponding to a $1,000.00 investment, at a price per share equivalent to the net asset value of one Class A share of the Emerging Markets Series as of the close of business on November 30, 2001, such number of Class I shares of Capital Stock (par value $.001) of the Seligman Global Growth Fund Series of the Fund (the "Global Growth Series") corresponding to a $1,000.00 investment, at a price equivalent to the net asset value of one Class I share of the Global Growth Series as of the close of business on November 30, 2001 and such number of Class I shares of Capital Stock (par value $.001) of the Seligman Global Smaller Companies Fund Series of the Fund (the "Global Smaller Companies Series") corresponding to a $1,000.00 investment, at a price equivalent to the net asset value of one Class A share of the Global Smaller Companies Series as of the close of business on November 30, 2001 (the "Purchase Date") (collectively, the "Shares"). The Fund hereby acknowledges receipt from Purchaser of funds in the amount of $4,000.00 in full payment for the Shares. 2. Purchaser represents and warrants to the Fund that the Shares are being acquired for investment and not with a view to distribution thereof, and that Purchaser has no present intention to redeem or dispose of the Shares. IN WITNESS WHEREOF, the parties have executed this agreement as of the Purchase Date. SELIGMAN GLOBAL FUND SERIES, INC. By: /s/ Lawrence P. Vogel ----------------------------- Name: Lawrence P. Vogel Title: Vice President SELIGMAN ADVISORS, INC. By: /s/ Stephen J. Hodgdon ----------------------------- Name: Stephen J. Hodgdon Title: President