Common use of Merger Costs Clause in Contracts

Merger Costs. The legal, advisory and administrative costs associated with the preparation and execution of the merger will nei- ther be charged to an AIF involved in the merger nor to the investors. This applies similarly to structural measures according to art. 90 AIFMG. In the case of AIFs sold exclusively to professional investors, any legal, advisory and administrative costs associ- ated with the preparation and execution of these structural costs may be charged for structural measures in terms of art. 90 AIFMG. In such cases, the investor information must also state the expected costs, both in total and as an approximation per share, provided that the investor information is not completely omitted.

Merger Costs. The legal, advisory and administrative costs associated with the preparation and execution of the merger will nei- ther neither be charged to an AIF involved in the merger nor to the investors. This applies similarly to structural measures according to art. 90 AIFMG. In the case of AIFs sold exclusively to professional investors, any legal, advisory and administrative costs associ- ated associated with the preparation and execution of these structural costs may be charged for structural measures measures, in terms of art. 90 AIFMG, may be charged against the relevant fund assets. In such casesthis case, the investor information must also state the expected costs, both in total and as an approximation per shareunit, provided that the investor information is not completely omitted.