Common use of Opinion of counsel for Fund stating Clause in Contracts

Opinion of counsel for Fund stating. (1) The status of the additional shares of stock of Fund under the Securities Act of 1933, as amended, and any other applicable federal or state statute and that said shares may be legally issued; and (2) That the additional shares are, or when issued will be, validly issued, fully paid and nonassessable by Fund.

Appears in 19 contracts

Samples: Agency Agreement (Ing Variable Products Trust), Agency Agreement (Ing Investment Funds Inc), Agency Agreement (Ing Prime Rate Trust)

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Opinion of counsel for Fund stating. (1) The status of the additional shares of stock of Fund in the new form under the Securities Act of 1933, as amended, amended and any other applicable federal or state statute and that said shares may be legally issuedstatute; and (2) That the additional issued shares in the new form are, or when issued and all unissued shares will be, when issued, validly issued, fully paid and nonassessable by the Fund.

Appears in 16 contracts

Samples: Agency Agreement (Ing Variable Products Trust), Agency Agreement (Ing Mayflower Trust), Agency Agreement (Ing Equity Trust)

Opinion of counsel for Fund stating. (1) The status of the additional shares of stock of Fund in the new form under the Securities Act of 1933, as amended, amended and any other applicable federal or state statute and that said shares may be legally issuedstatute; and (2) That the additional issued shares in the new form are, or when issued and all unissued shares will be, when issued, validly issued, fully paid and nonassessable by Fundnonassessable.

Appears in 7 contracts

Samples: Agency Agreement (Cowen Funds Inc), Agency Agreement (Cowen Standby Reserve Fund Inc), Agency Agreement (One Hundred Fund Inc)

Opinion of counsel for Fund stating. (1) The status of the additional shares of stock of Fund under the Securities Act of 1933, as amended, and any other applicable federal or state statute and that said shares may be legally issuedstatute; and (2) That the additional shares are, or when issued will be, validly issued, fully paid and nonassessable by Fundnonassessable.

Appears in 6 contracts

Samples: Agency Agreement (Sei Asset Allocation Trust), Agency Agreement (Berger One Hundred & One Fund Inc), Agency Agreement (Cowen Income Plus Growth Fund Inc)

Opinion of counsel for Fund stating. (1) The status of the additional shares of stock beneficial interest of Fund in the new form under the Securities Act of 1933, as amended, amended and any other applicable federal or state statute and that said shares may be legally issuedstatute; and (2) That the additional issued shares in the new form are, or when issued and all unissued shares will be, when issued, validly issued, fully paid and nonassessable by Fundnon-assessable.

Appears in 2 contracts

Samples: Agency Agreement (Pimco Funds), Agency Agreement (Pacific Select Fund)

Opinion of counsel for Fund stating. (1) The status of the additional shares of stock beneficial interest of Fund in the new form under the Securities Act of 1933, as amended, amended and any other applicable federal or state statute and that said shares may be legally issuedstatute; and (2) That the additional issued shares in the new form are, or when issued and all unissued shares will be, when issued, validly issued, fully paid and nonassessable by Fundnonassessable.

Appears in 2 contracts

Samples: Agency Agreement (Mentor Institutional Trust), Agency Agreement (Berger Investment Portfolio Trust)

Opinion of counsel for Fund stating. (1) The status of the additional shares of stock of Fund in the new form under the Securities Act of 1933, as amended, amended and any other applicable federal or state statute and that said shares may be legally issuedstatue; and (2) That the additional issued shares in the new form are, or when issued and all unissued shares will be, when issued validly issued, fully paid and nonassessable by Fundnon-assessable.

Appears in 1 contract

Samples: Agency Agreement (Kemper Strategic Municipal Income Trust)

Opinion of counsel for Fund stating. (1) The status of the additional shares of stock beneficial interest of Fund under the Securities Act of 1933, as amended, and any other applicable federal or state statute and that said shares may be legally issuedstatute; and (2) That the additional shares are, or when issued will be, validly issued, fully paid and nonassessable by Fundnon-assessable.

Appears in 1 contract

Samples: Agency Agreement (Pimco Funds)

Opinion of counsel for Fund stating. (1) The status of the additional shares of stock of Fund under the Securities Act of 1933, as amended, and any other applicable federal or state statute and that said shares may be legally issuedstatute; and (2) That the additional shares are, or when issued will be, validly issued, fully paid and nonassessable by Fund.

Appears in 1 contract

Samples: Agency Agreement (Jackson National Capital Management Funds)

Opinion of counsel for Fund stating. (1) The status of the additional shares of stock of Fund under the Securities Act of 1933, as amended, and any other applicable federal or state statute and that said shares may be legally issued; and (2) That the additional shares are, or when issued will be, validly issued, fully fully, paid and nonassessable by Fund.

Appears in 1 contract

Samples: Agency Agreement (Ing Series Fund Inc)

Opinion of counsel for Fund stating. (1) . The status of the additional shares of stock of Fund in the new form under the Securities Act of 1933, as amended, amended and any other applicable federal or state statute statute; and that said shares may be legally issued; and (2) . That the additional issued shares in the new form are, or when issued and all unissued shares will be, when issued, validly issued, fully paid and nonassessable by Fundnon-assessable.

Appears in 1 contract

Samples: Agency Agreement (Piper Institutional Funds Inc)

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Opinion of counsel for Fund stating. (1) The the status of the additional shares of stock of Fund under the Securities Act of 1933, as amended, and any other applicable federal or state statute and that said shares may be legally issuedstatute; and (2) That the additional shares are, or when issued will be, validly issued, fully paid and nonassessable by Fundnonassessable.

Appears in 1 contract

Samples: Agency Agreement (Cowen Funds Inc)

Opinion of counsel for Fund stating. (1) . The status of the additional shares of stock of Fund under the Securities Act of 1933, as amended, and any other applicable federal or state statute statute; and that said shares may be legally issued; and (2) . That the additional shares are, or when issued will be, validly issued, fully paid and nonassessable by Fundnonassessable.

Appears in 1 contract

Samples: Agency Agreement (Eai Select Managers Equity Fund)

Opinion of counsel for Fund stating. (1) . The status of the additional shares of stock of Fund under the Securities Act of 1933, as amended, and any other applicable federal or state statute and that said shares may be legally issuedstatute; and (2) . That the additional shares are, or when issued will be, validly issued, fully paid and nonassessable by Fundnon-assessable.

Appears in 1 contract

Samples: Agency Agreement (Seligman Portfolios Inc/Ny)

Opinion of counsel for Fund stating. (1) The status of the additional shares of stock of Fund in the new form under the 9 Securities Act of 1933, as amended, amended and any other applicable federal or state statute and that said shares may be legally issuedstatute; and (2) That the additional issued shares in the new form are, or when issued and all unissued shares will be, when issued, validly issued, fully paid and nonassessable by Fundnonassessable.

Appears in 1 contract

Samples: Agency Agreement (Cowen Standby Tax Exempt Reserve Fund Inc)

Opinion of counsel for Fund stating. (1) The status of the additional shares of stock beneficial interest of Fund under the Securities Act of 1933, as amended, and any other applicable federal or state statute and that said shares may be legally issuedstatute; and (2) That the additional shares are, or when issued will be, validly issued, fully paid and nonassessable by Fundnonassessable.

Appears in 1 contract

Samples: Agency Agreement (Berger Investment Portfolio Trust)

Opinion of counsel for Fund stating. (1) The status of the additional shares of stock of Fund under the Securities Act of 1933, as amended, and any other applicable federal or state statute and that said shares may be legally issued; and (2) That the additional shares are, or when issued will be, validly issued, fully paid and nonassessable by Fundnonassessable.

Appears in 1 contract

Samples: Agency Agreement (Nicholas Applegate Mutual Funds)

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