Common use of Non-Registration of Units Clause in Contracts

Non-Registration of Units. The Subscriber understands that the Units have not been registered under the Securities Act in reliance upon an exemption from registration, and that the Trust has not been registered, nor will it be, under the Investment Company Act. The Subscriber understands that the Trustee has no intention of registering the Trust, or any of its Units, with the Securities and Exchange Commission or any state and is under no obligation to assist the Subscriber in obtaining or complying with any exemption from registration. The Subscriber understands that no federal or state agency has passed upon or made any recommendation or endorsement of an investment in the Trust or the Portfolio.

Appears in 30 contracts

Samples: Securities Lending Authorization Agreement (Voyageur Mutual Funds Iii), Securities Lending Authorization Agreement (Delaware Group Limited-Term Government Funds), Securities Lending Authorization Agreement (Delaware Vip Trust)

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