Common use of Further Conditions Precedent to Obligations of Acquiring Fund and Acquired Fund Clause in Contracts

Further Conditions Precedent to Obligations of Acquiring Fund and Acquired Fund. If any of the conditions set forth below have not been satisfied on or before the Closing Date with respect to the Acquired Fund or the Acquiring Fund, the other party to this Agreement shall be entitled, at its option, to refuse to consummate the transactions contemplated by this Agreement:

Appears in 4 contracts

Samples: Merger Agreement (Western Asset Emerging Markets Debt Fund Inc.), Merger Agreement (Western Asset High Income Opportunity Fund Inc.), Merger Agreement (Tortoise Energy Infrastructure Corp)

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Further Conditions Precedent to Obligations of Acquiring Fund and Acquired Fund. If any of the conditions set forth below have not been satisfied on or before the Closing Date with respect to the Acquired Fund or Trust, on behalf of the Acquiring Fund,, the other party to this Agreement shall be entitled, at its option, to refuse to consummate the transactions contemplated by this Agreement:

Appears in 2 contracts

Samples: Merger Agreement (Legg Mason Funds Trust), Merger Agreement (LMP Real Estate Income Fund Inc.)

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