Common use of of the 1940 Act Clause in Contracts

of the 1940 Act. Buyer agrees that Buyer (including its Affiliates) (i) shall not take any action that would have the effect of causing Section 15(f) of the 1940 Act not to be met in respect of this Agreement and the transactions contemplated hereby, and (ii) shall not fail to take any action if the failure to take such action would have the effect of causing

Appears in 3 contracts

Samples: Stock Purchase Agreement (Chubb Corp), Stock Purchase Agreement (Jefferson Pilot Corp), Stock Purchase Agreement (Chubb Corp)

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of the 1940 Act. Buyer agrees that Buyer (including its Affiliates) (i) shall not take any action that would have the effect of causing Section 15(f) of the 1940 Act not to be met in respect of this Agreement and the transactions contemplated hereby, and (ii) shall not fail to take any action if the failure to take such action would have the effect of causingcausing Section 15(f) of the 1940 Act not to be met in respect of this Agreement and the transactions contemplated hereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Jefferson Pilot Corp)

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