Common use of After the Effective Time Clause in Contracts

After the Effective Time. the Existing Fund shall not conduct any business except in connection with its termination. As soon as reasonably practicable after distribution of the New Fund Shares pursuant to paragraph 1.4, but in all events within six months after the Effective Time, the Existing Fund shall be terminated as a series of the Old Trust.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Northern Lights Fund Trust Ii), Agreement and Plan of Reorganization and Termination (360 Funds)

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After the Effective Time. the Existing Fund shall not conduct any business except in connection with its dissolution and termination. As soon as reasonably practicable after distribution of the New Fund Shares pursuant to paragraph 1.4, but in all events within six months after the Effective Time, the (a) Existing Fund shall be terminated as a series of the Old TrustTrust and (b) the Trust shall make all filings and take all other actions in connection therewith necessary and proper to effect Existing Fund’s complete dissolution.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Frank Funds), Reorganization Agreement (Frank Funds)

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