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Common use of Other Necessary Action Clause in Contracts

Other Necessary Action. Subject to the provisions of this Agreement, the Acquiring Fund and the Acquired Fund will each take, or cause to be taken, all action, and do or cause to be done all things, reasonably necessary, proper or advisable to consummate and make effective the transactions contemplated by this Agreement.

Appears in 28 contracts

Samples: Reorganization Agreement (Abrdn Global Infrastructure Income Fund), Agreement and Plan of Reorganization (Abrdn Income Credit Strategies Fund), Reorganization Agreement (Mainstay Funds Trust)

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Other Necessary Action. Subject to the provisions of this Agreement, the Acquiring Fund Trust, on behalf of the Acquiring Fund, and the Acquired Fund Trust, on behalf of the Acquired Fund, will each take, or cause to be taken, all action, and do or cause to be done all things, reasonably necessary, proper or advisable to consummate and make effective the transactions contemplated by this Agreement, including any actions required to be taken after the Closing.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (New Age Alpha Funds Trust), Agreement and Plan of Reorganization (New Age Alpha Variable Funds Trust), Agreement and Plan of Reorganization (New Age Alpha Funds Trust)

Other Necessary Action. Subject to the provisions of this Agreement, the Acquiring Fund and the Acquired Fund Funds will each take, or cause to be taken, all action, and do or cause to be done all things, reasonably necessary, proper or advisable to consummate and make effective the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Despoking (Global Equity Long/Short Master Fund)

Other Necessary Action. Subject to the provisions of this Agreement, the Acquiring Fund Funds and the Acquired Fund Funds will each take, or cause to be taken, all action, and do or cause to be done all things, reasonably necessary, proper or advisable to consummate and make effective the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Professionally Managed Portfolios)

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Other Necessary Action. Subject to the provisions of this Agreement, the Acquiring Fund Funds and the Acquired Fund Funds will each take, or cause to be taken, all action, and do or cause to be done all things, reasonably necessary, proper or advisable to consummate and make effective the transactions contemplated by this Agreement. Shareholder Meeting. Each Acquired Fund will call a meeting of its shareholders to consider and act upon this Agreement and to take such other action under applicable federal and state law to obtain approval of the transactions contemplated herein.

Appears in 1 contract

Samples: Reorganization Agreement (RBB Fund, Inc.)

Other Necessary Action. Subject to the provisions of this Agreement, the Acquiring Fund and the Acquired Fund will each take, or cause to be taken, all action, and do or cause to be done all things, reasonably necessary, proper or advisable to consummate and make effective the transactions contemplated by this Agreement, including any actions required to be taken after the Closing.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (KKR Income Opportunities Fund)

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