Existing Fund Sample Clauses

Existing Fund. AXA Equitable hereby reaffirms its appointment of the Adviser as the investment adviser for the AXA Enterprise Growth Fund on the terms and conditions set forth in the Agreement.
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Existing Fund. The Corporation hereby reaffirms its appointment of Montag & Xxxxxxxx, Inc. as the Investment Adviser of the AXA Enterprise Growth Fund (formerly, Enterprise Growth Fund) on the terms and conditions set forth in the Agreement.
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Existing Fund. The Manager hereby reaffirms its appointment of the Sub-Adviser as an investment adviser to the 1290 High Yield Bond Fund.
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Existing Fund. During such time as the Fund remains a series of the Trust, each Party shall have the following obligations:
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Existing Fund. ○ The Fund is a commodity pool that issues Shares that may be purchased and sold on NYSE Arca. ○ The Fund is a series of the Teucrium Commodity Trust, a Delaware statutory trust (the “Trust”).
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Existing Fund. Teucrium was responsible for paying for all listing, legal, and regulatory costs and expenses incurred in connection with the regulatory process related to the launch of the Fund, including drafting the Fund’s registration statement, exchange listing fees, and other regulatory or service provider fees (“Start-Up Costs”) that were incurred or accrued prior to April 7, 2022. Beginning April 7, 2022, Txxxxx and Hxxxxxx became jointly responsible for paying Start- Up Costs for the Fund in accordance with table below, with such Start-Up Costs being pre- approved by Txxxxx and Hashdex.
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Existing Fund. Upon the launch of the Fund, Teucrium shall be initially responsible for paying all fixed and variable costs and expenses associated with the on-going operation of the Fund, including but not limited to fund administration fees, custody fees, legal fees, exchange listing fees and related service fees, transfer agent fees, compliance fees, fund audit fees, insurance costs, printing and mailing fees, and all other such costs mutually agreed upon by Teucrium (in the case of the Fund or by Hashdex and Toroso in the case of the New Fund) to be necessary for the on-going operation of the Fund, but excluding Marketing Costs (collectively, “Operational Costs”). Txxxxx and Hxxxxxx shall jointly be responsible for reimbursing Teucrium for Operational Costs each month, with Toroso and Hashdex to bear such Operational Expenses in the following percentages: Operational Cost Reimbursement Sharing Percentages TOROSO SHARE HASHDEX SHARE 50% 50% Hashdex shall be responsible for paying for all fixed and variable costs and expenses associated with marketing activities (“Marketing Costs”). Hxxxxxx agrees to incur or reimburse Teucrium and Toroso for Marketing Costs for the benefit of the Fund in an amount of at least $20,000/month, but Hashdex is not obligated to incur more than such amount unless Hashdex otherwise agrees. Hashdex shall have the right to approve all material Marketing Costs before they are incurred.
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Related to Existing Fund

  • Sinking Fund The provisions of Sections 3.04, 3.05 and 3.06 shall be applicable to any sinking fund for the retirement of Securities of a series, except as otherwise specified as contemplated by Section 2.01 for Securities of such series. The minimum amount of any sinking fund payment provided for by the terms of Securities of any series is herein referred to as a “mandatory sinking fund payment,” and any payment in excess of such minimum amount provided for by the terms of Securities of any series is herein referred to as an “optional sinking fund payment”. If provided for by the terms of Securities of any series, the cash amount of any sinking fund payment may be subject to reduction as provided in Section 3.05. Each sinking fund payment shall be applied to the redemption of Securities of any series as provided for by the terms of Securities of such series.

  • Sinking Funds Unless specified on the face hereof, this Note will not be subject to, or entitled to the benefit of, any sinking fund.

  • TWELVE SINKING FUNDS 71 SECTION 1201. Applicability of Article ..................................... 71 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72

  • Sinking Fund Provisions No sinking fund provisions.

  • No Redemption; No Sinking Fund (a) The shares of Series A Preferred Stock shall not be subject to redemption by the Corporation or at the option of any holder of Series A Preferred Stock; provided, however, that the Corporation may purchase or otherwise acquire outstanding shares of Series A Preferred Stock in the open market or by offer to any holder or holders of shares of Series A Preferred Stock.

  • No Sinking Fund No sinking fund shall be established for the retirement or redemption of Series A Preferred Units.

  • Replacing Future Benchmarks If any Benchmark Transition Event occurs after the date hereof (other than as described above with respect to USD LIBOR), the then-current Benchmark will be replaced with the Benchmark Replacement for all purposes hereunder and under any Loan Document in respect of any Benchmark setting on the later of (i) as of 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Benchmark Replacement is provided to the Lenders and the Borrower or (ii) such other date as may be determined by the Administrative Agent in accordance with then applicable market practice, in each case, without any further action or consent of any other party to this Agreement or any other Loan Document, so long as the Administrative Agent has not received, by such time (or, in the case of clause (ii) above, such time as may be specified by the Administrative Agent as a deadline to receive objections, but in any case, no less than five (5) Business Days after the date such notice is provided to the Lenders and the Borrower), written notice of objection to such Benchmark Replacement from Lenders comprising the Required Lenders; provided, however, that in the event that the then-current Benchmark is not a SOFR-based rate, then the Benchmark Replacement shall be determined in accordance with clause (1) of the definition of “Benchmark Replacement” unless the Administrative Agent has determined in good faith that neither of such alternative rates is available. At any time that the administrator of the then-current Benchmark has permanently or indefinitely ceased to provide such Benchmark or such Benchmark has been announced by the regulatory supervisor for the administrator of such Benchmark pursuant to public statement or publication of information to be no longer representative of the underlying market and economic reality that such Benchmark is intended to measure and that representativeness will not be restored, the Borrower may revoke any request for a borrowing of, conversion to or continuation of Loans to be made, converted or continued that would bear interest by reference to such Benchmark until the Borrower’s receipt of notice from the Administrative Agent that a Benchmark Replacement has replaced such Benchmark, and, failing that, the Borrower will be deemed to have converted any such request into a request for a borrowing of or conversion to Floating Rate Loans. During the period referenced in the foregoing sentence, the component of Alternate Base Rate based upon the Benchmark will not be used in any determination of the Alternate Base Rate.

  • Satisfaction of Sinking Fund Payments with Securities The Company (i) may deliver Outstanding Securities of a series and (ii) may apply as a credit Securities of a series that have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series, provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the redemption price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.

  • Compensating Interest Payments The amount of the aggregate Master Servicing Fees payable to the Master Servicer in respect of any Distribution Date shall be reduced (but not below zero) by the amount of any Compensating Interest Payment for such Distribution Date, but only to the extent that Prepayment Interest Shortfalls relating to such Distribution Date are required to be paid but not actually paid by the Servicers. Such amount shall not be treated as an Advance and shall not be reimbursable to the Master Servicer.

  • Segregation of Redemption Proceeds Upon receipt of Written Instructions so directing it, the Custodian shall segregate amounts necessary for the payment of redemption proceeds to be made by the Dividend and Transfer Agent from moneys held for the account of the Fund so that they are available for such payment.

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