Fund mergers Sample Clauses

Fund mergers. In a merger of funds, one or more funds (transferring fund(s)) are transferred into another fund (receiving fund). If the receiving fund is not covered by a fund agreement, the Fund Manager must apply to enter into a fund agreement in sufficient time before the last Trading Day of the transferring fund so as to allow the Swedish Pensions Agency time to review the application. This is a condition that must be met for the Swedish Pensions Agency to approve transfer of fund units. If a fund agreement exists for the receiving fund, the Swedish Pensions Agency will assess whether the receiving fund meets the requirement for fund track record in accordance with the provisions set out in Appendix C, s. 3.1, and whether the receiving fund, post-merger, meets the other requirements for continuing to be covered by a fund agreement. If funds are merged, the Fund Manager shall immediately notify the Swedish Pensions Agency of the plan for the merger established by the supervisory authority. If professional secrecy is involved, the Swedish Pensions Agency must be notified hereof. The Swedish Pensions Agency must be provided the information document addressed to all fund unit holders in a transferring fund, which contains information on the possible consequences of the merger. The Fund Manager must give an account of the investment policies and fund rules for both the receiving fund and the transferring fund. Terms and conditions regarding settlement note in connection with the merger are set out in Appendix B, s. 7.4. Conditions on termination of the fund agreement in connection with merger are set out in the main document, s. 7.3.
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Fund mergers. The Parties agree that, in addition to the above provisions in clauses (a) through (c) of this Section 4.07, the following provisions also apply with respect to each applicable Fund Merger that is consummated on the Closing Date:
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Fund mergers. 1) JNL/FPA + DoubleLine® Flexible Allocation Fund;
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Related to Fund mergers

  • The Mergers Upon the terms and subject to the conditions set forth in this Agreement:

  • Mergers (a) The Trust may not consolidate, amalgamate, merge with or into, or be replaced by, or convey, transfer or lease its properties and assets substantially as an entirety to any Person, except as described in Section 3.15(b) and (c) or Section 8.2.

  • Consolidations and Mergers The Company shall not, and shall not suffer or permit any Subsidiary to, merge, consolidate with or into, or convey, transfer, lease or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except:

  • Consolidation and Merger; Asset Acquisitions The Borrower will not consolidate with or merge into any Person, or permit any other Person to merge into it, or acquire (in a transaction analogous in purpose or effect to a consolidation or merger) all or substantially all the assets of any other Person.

  • Consolidation and Merger The Borrower will not (a) enter into any transaction of merger or (b) consolidate, liquidate, wind up or dissolve itself (or suffer any liquidation or dissolution); provided that, so long as no Default or Event of Default shall exist or be caused thereby, a Person may be merged or consolidated with or into the Borrower so long as the Borrower shall be the continuing or surviving Person.

  • Closing and Effective Time of the Merger The closing of the Merger (the “Closing”) will take place at 10:00 a.m., Boston, Massachusetts time, on the fifth (5th) Business Day following the satisfaction or waiver of all of the conditions set forth in Article 6 (other than those conditions that by their nature are to be satisfied at the Closing, but subject to the fulfillment or waiver of those conditions at the Closing), at the offices of Xxxxxx & Xxxxxxx LLP, 000 Xxxxxxxxx Xxxxxx, 00xx Xxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000, unless another time, date or place is agreed to in writing by the parties hereto. The date on which the Closing actually occurs is referred to herein as the “Closing Date”. At the Closing, the Company shall cause an appropriate certificate of merger or other appropriate documents (the “Certificate of Merger”) to be executed, acknowledged and filed with the Secretary of State of the State of Delaware as provided in Section 251 of the DGCL and shall take all such reasonable further actions and make all other filings or recordings required under the DGCL. The Merger shall become effective at the time the Certificate of Merger shall have been duly filed with the Secretary of State of the State of Delaware or such other date and time as is agreed upon by the parties and specified in the Certificate of Merger, such date and time hereinafter referred to as the “Effective Time”.

  • The Merger Upon the terms and subject to the conditions of this Agreement and in accordance with the DGCL, at the Effective Time (as defined below), Merger Sub shall be merged with and into the Company. As a result of the Merger, the separate corporate existence of Merger Sub shall cease and the Company shall continue as the surviving corporation of the Merger (the “Surviving Corporation”).

  • The Company Merger Upon the terms and subject to the conditions of this Agreement at the Effective Time (as hereinafter defined), Company shall be merged with and into Sub and the separate existence and corporate organization of Company shall thereupon cease and Sub and Company shall thereupon be a single corporation. Sub shall be the surviving corporation in the Merger and the separate corporate existence of Sub shall continue unaffected and unimpaired by the Merger.

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