Common use of Material Provisions Clause in Contracts

Material Provisions. 24 13.3. Notices.....................................................................24 13.4. Amendments..................................................................26 13.5. Headings....................................................................26 13.6. Counterparts................................................................26 13.7. Enforceability..............................................................26 13.8. Successors and Assigns......................................................26 13.9. Governing Law...............................................................26 THIS MERGER AGREEMENT AND PLAN OF REORGANIZATION (the "Agreement") is made as of this 31st day of July, 2000, between The Emerging Markets Telecommunications Fund, Inc. (the "Target Fund" or the "Emerging Markets Telecommunications Fund"), a Maryland corporation and a registered investment company under the Investment Company Act of 1940, as amended (the "1940 Act"), and The Emerging Markets Infrastructure Fund, Inc. (the "Acquiring Fund" or the "Emerging Markets Infrastructure Fund"), a Maryland corporation and a registered investment company under the 1940 Act. This agreement contemplates a tax-free merger transaction which qualifies for federal income tax purposes as a reorganization within the meaning of Section 368(a)(1)(A) of the Internal Revenue Code of 1986, as amended (the "Code").

Material Provisions. 24 23 13.3. Notices.....................................................................24 .............................................................23 13.4. Amendments..................................................................26 ..........................................................25 13.5. Headings....................................................................26 ............................................................25 13.6. Counterparts................................................................26 ........................................................25 13.7. Enforceability..............................................................26 ......................................................25 13.8. Successors and Assigns......................................................26 ..............................................25 13.9. Governing Law...............................................................26 .......................................................25 THIS MERGER AGREEMENT AND PLAN OF REORGANIZATION (the "Agreement") is made as of this 31st day of JulyJune, 2000, between The Emerging Markets Telecommunications Latin America Investment Fund, Inc. (the "Target Fund" or the "Emerging Markets Telecommunications Latin America Investment Fund"), a Maryland corporation and a registered investment company under the Investment Company Act of 1940, as amended (the "1940 Act"), and The Emerging Markets Infrastructure Latin America Equity Fund, Inc. (the "Acquiring Fund" or the "Emerging Markets Infrastructure Latin America Equity Fund"), a Maryland corporation and a registered investment company under the 1940 Act. This agreement contemplates a tax-free merger transaction which qualifies for federal income tax purposes as a reorganization within the meaning of Section 368(a)(1)(A) of the Internal Revenue Code of 1986, as amended (the "Code").

Material Provisions. 24 13.3. Notices.................................................................................................................................24 13.4. Amendments...........................................................................................................................26 13.5. Headings...............................................................................................................................26 13.6. Counterparts.......................................................................................................................26 13.7. Enforceability...................................................................................................................26 13.8. Successors and Assigns...................................................................................................26 13.9. Governing Law.....................................................................................................................26 THIS MERGER AGREEMENT AND PLAN OF REORGANIZATION (the "Agreement") is made as of this 31st day of JulyJune, 2000, between The Emerging Markets Telecommunications Infrastructure Fund, Inc. (the "Target Fund" or the "Emerging Markets Telecommunications Infrastructure Fund"), a Maryland corporation and a registered investment company under the Investment Company Act of 1940, as amended (the "1940 Act"), and The Emerging Markets Infrastructure Telecommunications Fund, Inc. (the "Acquiring Fund" or the "Emerging Markets Infrastructure Telecommunications Fund"), a Maryland corporation and a registered investment company under the 1940 Act. This agreement contemplates a tax-free merger transaction which qualifies for federal income tax purposes as a reorganization within the meaning of Section 368(a)(1)(A) of the Internal Revenue Code of 1986, as amended (the "Code").

Material Provisions. 24 23 13.3. Notices.....................................................................24 .............................................................................................23 13.4. Amendments..................................................................26 ..........................................................................................25 13.5. Headings....................................................................26 ............................................................................................25 13.6. Counterparts................................................................26 ........................................................................................25 13.7. Enforceability..............................................................26 ......................................................................................25 13.8. Successors and Assigns......................................................26 ..............................................................................25 13.9. Governing Law...............................................................26 .......................................................................................25 THIS MERGER AGREEMENT AND PLAN OF REORGANIZATION (the "Agreement") is made as of this 31st day of July, 2000, between The Emerging Markets Telecommunications Latin America Equity Fund, Inc. (the "Target Fund" or the "Emerging Markets Telecommunications Latin America Equity Fund"), a Maryland corporation and a registered investment company under the Investment Company Act of 1940, as amended (the "1940 Act"), and The Emerging Markets Infrastructure Latin America Investment Fund, Inc. (the "Acquiring Fund" or the "Emerging Markets Infrastructure Latin America Investment Fund"), a Maryland corporation and a registered investment company under the 1940 Act. This agreement contemplates a tax-free merger transaction which qualifies for federal income tax purposes as a reorganization within the meaning of Section 368(a)(1)(A) of the Internal Revenue Code of 1986, as amended (the "Code").