Common use of Nothing Clause in Contracts

Nothing. herein contained shall limit the right of the Fund, in its absolute discretion, to issue or sell shares of its capital stock for such other considerations (whether in connection with the acquisition of assets or shares or securities of another corporation or entity or with the merger or consolidation of any other corporation into or with the Fund, or otherwise) as and to the extent permitted by its charter and any applicable laws, or to issue or sell any such shares directly to the shareholders of the Fund, upon such terms and conditions and for such consideration, if any, as may be determined by the Board of Directors, whether pursuant to the distribution of subscription or purchase rights to such holders or by way of dividends or otherwise.

Appears in 2 contracts

Samples: Underwriting Agreement (Penn Capital Funds Inc), Underwriting Agreement (Triumph Funds Inc)

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Nothing. herein contained shall limit the right of the Fund, in its absolute discretion, to issue or sell shares of its capital stock Shares for such other considerations (whether in connection with the acquisition of assets or shares or securities of another corporation or entity or with the merger or consolidation of any other corporation into or with the Fund, or otherwise) as and to the extent permitted by its charter and any applicable laws, or to issue or sell any such shares Shares directly to the shareholders of the Fund, upon such terms and conditions and for such consideration, if any, as may be determined by the Board of DirectorsTrustees, whether pursuant to the distribution of subscription or purchase rights to such holders or by way of dividends or otherwise.

Appears in 1 contract

Samples: Underwriting Agreement (DCM Series Trust)

Nothing. herein contained shall limit the right of the FundFunds, in its their absolute discretion, to issue or sell shares of its capital stock Shares for such other considerations (whether in connection with the acquisition of assets or shares or securities of another corporation or entity or with the merger or consolidation of any other corporation into or with the FundFunds, or otherwise) as and to the extent permitted by its the Funds' charter and any applicable laws, or to issue or sell any such shares Shares directly to the shareholders of the FundFunds, upon such terms and conditions and for such consideration, if any, as may be determined by the Board of DirectorsTrustees, whether pursuant to the distribution of subscription or purchase rights to such holders or by way of dividends or otherwise.

Appears in 1 contract

Samples: Underwriting Agreement (Canandaigua Funds)

Nothing. herein contained shall limit the right of the FundCorporation, in its absolute discretion, to issue or sell shares of its capital stock for such other considerations (whether in connection with the acquisition of assets or shares or securities of another corporation or entity or with the merger or consolidation of any other corporation into or with the FundCorporation, or otherwise) as and to the extent permitted by its charter and any applicable laws, or to issue or sell any such shares directly to the shareholders of the FundCorporation, upon such terms and conditions and for such consideration, if any, as may be determined by the Board of Directors, whether pursuant to the distribution of subscription or purchase rights to such holders or by way of dividends or otherwise.

Appears in 1 contract

Samples: Underwriting Agreement (Wall Street Fund Inc)

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Nothing. herein contained shall limit the right of the FundTrust, in its absolute discretion, to issue or sell shares of its capital stock for such other considerations (whether in connection with the acquisition of assets or shares or securities of another corporation or entity or with the merger or consolidation of any other corporation into or with the FundTrust, or otherwise) as and to the extent permitted by its charter and any applicable laws, or to issue or sell any such shares directly to the shareholders of the FundTrust, upon such terms and conditions and for such consideration, if any, as may be determined by the Board of DirectorsTrustees, whether pursuant to the distribution of subscription or purchase rights to such holders or by way of dividends or otherwise.

Appears in 1 contract

Samples: Underwriting Agreement (Impact Management Investment Trust)

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