Common use of Authority Relative to the Agreement Clause in Contracts

Authority Relative to the Agreement. The Buying Trust has the power to enter into and carry out the obligations described in this Agreement. This Agreement and the transactions contemplated by it have been duly authorized by the Board of Trustees of the Buying Trust, and no other proceedings by the Buying Trust or the Acquiring Fund are necessary under the Buying Trust's Agreement and Declaration of Trust or By-Laws (the "Governing Documents").

Appears in 7 contracts

Samples: Agreement and Plan of Reorganization (Allianz Variable Insurance Products Trust), Agreement and Plan of Reorganization (Allianz Variable Insurance Products Trust), Agreement and Plan of Reorganization (Allianz Variable Insurance Products Trust)

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Authority Relative to the Agreement. The Buying Trust has the power to enter into and carry out the obligations described in this Agreement. This The Agreement and the transactions contemplated by it have been duly authorized by the Board of Trustees of the Buying Trust, Trust and no other proceedings by the Buying Trust or the Acquiring Buying Fund are necessary under the Buying Trust's Agreement and Declaration of Trust or By-Laws (the "Governing Documents")necessary.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (RiverSource Variable Series Trust)

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Authority Relative to the Agreement. The Buying Trust has the power to enter into and carry out the obligations described in this Agreement. This Agreement and the transactions contemplated by it have been duly authorized by the Board of Trustees of the Buying Trust, and no other proceedings by the Buying Trust or the Acquiring Fund are necessary under the Buying Trust's ’s Agreement and Declaration of Trust or By-Laws (the "Governing Documents").

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Securian Funds Trust)

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