Common use of Fund Assets Clause in Contracts

Fund Assets. The Moderate Fund represents and warrants that on the Closing Date the assets received by the Conservative Fund from the Moderate Fund will be delivered to the Conservative Fund as provided in Section 1.1 free and clear of all liens, pledges, security interests, charges or other encumbrances of any nature whatsoever created by the Moderate Fund and without any restriction upon the transfer thereof, except for such liabilities assumed as provided in Section 1.1.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (Wt Mutual Fund), Agreement and Plan of Reorganization (Wt Mutual Fund), Agreement and Plan of Reorganization (Wt Mutual Fund)

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Fund Assets. The Moderate Fund represents and warrants that on the Closing Date the assets received by the Conservative Fund from the Moderate Fund will be delivered to the Conservative Fund as provided in Section 1.1 free and clear of all liens, pledges, security interests, charges or other encumbrances of any nature whatsoever created by the Moderate Fund and without any restriction upon the transfer thereof, except for such liabilities assumed as provided in Section 1.1. Section 3.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Wt Mutual Fund)

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