Common use of In-kind redemptions Clause in Contracts

In-kind redemptions. The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Fund’s registration statement, as amended from time to time, the Acquired Fund may, in its sole discretion, honor any redemption request partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedures.

Appears in 100 contracts

Samples: Investment Agreement (Federated Hermes MDT Series), Investment Agreement (Federated Hermes ETF Trust), Investment Agreement (Federated Hermes ETF Trust)

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In-kind redemptions. The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Fund’s registration statement, as amended from time to time, the Acquired Fund may, in its sole discretion, may honor any redemption request partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedureskind.

Appears in 42 contracts

Samples: Fund of Funds Investment Agreement (Advisors Preferred Trust), Fund of Funds Investment Agreement (ETF Opportunities Trust), Fund of Funds Investment Agreement (Managed Portfolio Series)

In-kind redemptions. The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Fund’s registration statement, as amended from time to time, and Rule 6c-11 under the 1940 Act, the Acquired Fund may, in its sole discretion, may honor any redemption request from the Authorized Participant acting as an intermediary to execute the Acquiring Fund’s transaction partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedureskind.

Appears in 14 contracts

Samples: Fund of Funds Investment Agreement (JNL Series Trust), Fund of Funds Investment Agreement (Arbitrage Funds), Fund of Funds Investment Agreement (Exchange Listed Funds Trust)

In-kind redemptions. The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Fund’s registration statement, as amended from time to time, and Rule 6c-11, the Acquired Fund may, in its sole discretion, may honor any redemption request from the Authorized Participant acting as an intermediary to execute the Acquiring Fund’s transaction partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedureskind.

Appears in 11 contracts

Samples: Fund of Funds Investment Agreement (Exchange Listed Funds Trust), Fund of Funds Investment Agreement (Exchange Listed Funds Trust), Fund of Funds Investment Agreement (Exchange Traded Concepts Trust)

In-kind redemptions. The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Fund’s registration statement, as amended from time to time, and Rule 6c-11, the Acquired Fund may, in its sole discretion, may honor any redemption request partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemptionthe sole discretion of the Acquired Fund (which discretion of the Acquired Fund shall include the selection of portfolio securities to distribute in-In-Kind Procedureskind).

Appears in 8 contracts

Samples: Fund of Funds Investment Agreement (Symmetry Panoramic Trust), Fund of Funds Investment Agreement (Managed Portfolio Series), Fund of Funds Investment Agreement (Tidal ETF Trust)

In-kind redemptions. The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Fund’s 's registration statement, as amended from time to time, the Acquired Fund may, in its sole discretion, may honor any redemption request partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedureskind.

Appears in 7 contracts

Samples: Fund of Funds Investment Agreement (BNY Mellon ETF Trust), Fund of Funds Investment Agreement (BNY Mellon ETF Trust II), Fund of Funds Investment Agreement (BNY Mellon ETF Trust II)

In-kind redemptions. The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Fund’s registration statement, as amended from time to time, and Rule 6c-11 under the 1940 Act, the Acquired Fund may, in its sole discretion, may honor any redemption request from an Authorized Participant acting as an intermediary to execute the Acquiring Fund’s transaction partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedureskind.

Appears in 6 contracts

Samples: Fund of Funds Investment Agreement (PFS Funds), Fund of Funds Investment Agreement (Tidal Trust II), Fund of Funds Investment Agreement (Tidal ETF Trust)

In-kind redemptions. The Each Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Fund’s registration statement, as amended from time to time, the Acquired Fund may, in its sole discretion, may honor any redemption request partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedureskind.

Appears in 5 contracts

Samples: Fund of Funds Investment Agreement (Exchange Listed Funds Trust), Fund of Funds Investment Agreement (Exchange Traded Concepts Trust), Fund of Funds Investment Agreement (Tidal Trust II)

In-kind redemptions. The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Mutual Fund’s registration statement, as amended from time to time, the Acquired Mutual Fund may, in its sole discretion, may honor any redemption request partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedureskind.

Appears in 5 contracts

Samples: Investment Agreement (Advisors Disciplined Trust Series 1), Fund of Funds Investment Agreement (Managed Portfolio Series), Fund of Funds Investment Agreement (Advisors Disciplined Trust Series 1)

In-kind redemptions. The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Fund’s registration statement, as amended from time to time, the relevant Acquired Fund may, in its sole discretion, may honor any redemption request partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedureskind.

Appears in 3 contracts

Samples: Fund of Funds Investment Agreement (Guggenheim Funds Trust), Fund of Funds Investment Agreement (Guggenheim Strategy Funds Trust), Fund of Funds Investment Agreement (Transparent Value Trust)

In-kind redemptions. The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Fund’s registration statement, as amended from time to time, the Acquired Fund may, in its sole discretion, may honor any redemption request partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedureskind.

Appears in 2 contracts

Samples: Fund of Funds Investment Agreement (John Hancock Funds II), Fund of Funds Investment Agreement (John Hancock Variable Insurance Trust)

In-kind redemptions. The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Mutual Fund’s then-current registration statement, as amended supplemented from time to time, the Acquired Mutual Fund may, in its sole discretion, may honor any redemption request partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedureskind.

Appears in 2 contracts

Samples: Fund of Funds Investment Agreement (Symmetry Panoramic Trust), Fund of Funds Investment Agreement (Dfa Investment Trust Co)

In-kind redemptions. The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Fund’s registration statement, as amended from time to time, and Rule 6c-11 under the 1940 Act, the Acquired Fund may, in its sole discretion, may honor any redemption request partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedureskind.

Appears in 2 contracts

Samples: Fund of Funds Investment Agreement (John Hancock Funds II), Fund of Funds Investment Agreement (John Hancock Variable Insurance Trust)

In-kind redemptions. The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Fund’s then-current registration statement, as amended supplemented from time to time, the Acquired Fund may, in its sole discretion, may honor any redemption request partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedureskind.

Appears in 2 contracts

Samples: Fund of Funds Investment Agreement (Ohio National Fund Inc), Fund of Funds Investment Agreement (Massmutual Select Funds)

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In-kind redemptions. The Each Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the relevant Acquired Fund’s 's then-current registration statement, as amended or supplemented from time to time, the Acquired Fund may, in its sole discretion, may honor any redemption request partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedureskind.

Appears in 1 contract

Samples: Fund of Funds Investment Agreement (Pacific Select Fund)

In-kind redemptions. The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Fund’s registration statement, as amended from time to time, the Acquired Fund may, in its sole discretion, may honor any redemption request partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedureskind, either directly or through an Authorized Participant if the Acquired Fund is exchange traded fund.

Appears in 1 contract

Samples: Fund of Funds Investment Agreement (Unified Series Trust)

In-kind redemptions. The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Fund’s 's registration statement, as amended from time to time, the Acquired Fund may, in its sole discretion, honor any redemption request partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedureskind.

Appears in 1 contract

Samples: Fund of Funds Investment Agreement (Pacer Funds Trust)

In-kind redemptions. The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Fund’s then-current registration statement, as amended or supplemented from time to time, the Acquired Fund may, in its sole discretion, may honor any redemption request partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedureskind.

Appears in 1 contract

Samples: Fund of Funds Investment Agreement (Pacific Select Fund)

In-kind redemptions. The Acquiring Fund acknowledges and agrees Acquired Fund acknowledge and agree that, if and to the extent consistent with the Acquired Fund’s registration statement, as amended from time to time, the Acquired Fund may, may in its sole discretion, discretion honor any redemption requests partially or wholly in-kind. In the event that the Acquired Fund honors a redemption request partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedureskind, the Acquired Fund shall have sole discretion to determine the selection of its portfolio securities to distribute in kind.

Appears in 1 contract

Samples: Fund of Funds Investment Agreement (Ohio National Fund Inc)

In-kind redemptions. The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Fund’s registration statement, as amended from time to time, the Acquired Fund may, in its sole discretion, may honor any redemption request requests partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedureskind.

Appears in 1 contract

Samples: Fund of Funds Investment Agreement (Ohio National Fund Inc)

In-kind redemptions. The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Fund’s registration statement, as amended from time to time, the Acquired Fund may, in its sole discretion, honor any redemption request wholly or partially in kind or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedurescash, and, when in kind, using any basket of securities, assets and/or other positions as it believes to be in the best interest of the Acquired Fund and its shareholders.

Appears in 1 contract

Samples: Investment Agreement (Northern Lights Fund Trust IV)

In-kind redemptions. The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Fund’s 's registration statement, as amended from time to time, and Rule 6c-11 under the 1940 Act, the Acquired Fund may, in its sole discretion, may honor any redemption request partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedureskind.

Appears in 1 contract

Samples: Fund of Funds Investment Agreement (DBX Etf Trust)

In-kind redemptions. The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Fund’s registration statement, as amended from time to time, the Acquired Fund may, in its sole discretion, may honor any redemption request partially or wholly in-kind in kind. In the event that the Acquired Fund honors a manner consistent with Federated Hermes Funds’ Redemptionredemption request partially or wholly in-Inkind, the Acquired Fund shall have sole discretion to determine the selection of its portfolio securities to distribute in-Kind Procedureskind.

Appears in 1 contract

Samples: Fund of Funds Investment Agreement (Stone Ridge Trust)

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