Structural Measures. In accordance with Article 38 UCITSG, with the consent of the respective supervisory authorities the UCITS can at any time and at its own discretion decide to merge with one or more other UCITS regardless of the legal form of the other UCITS and whether the other UCITS are based in Liechtenstein or not. The UCITS and its share classes can be merged with one or more other UCITS or their Sub-funds and share classes. It is likewise possible to split the UCITS and the share classes. Other structural measure within the meaning of Art. 49 UCITSG are also permitted. Unless other regulations are passed subsequently, the legal provisions of Art. 36 ff. UCITSG as well as the associated regulatory provisions shall apply.
Structural Measures. Art. 14 Merger Within the meaning of Art. 38 UCITSG, the management company may at any time and at its discretion, with the approval of the respective supervisory authority, decide on a merger of the UCITS with one or several other UCITS, regardless of the legal form of the UCITS and whether the other UCITS has its registered office in Liechtenstein or not. UCITS and share classes can be merged with another or several other UCITS or their Sub- funds or share classes. It is likewise possible to split the UCITS and the share classes. All UCITS assets must be moved by the end of the financial year (transfer date) into another existing or newly established through a merger UCITS or Sub-fund. The UCITS can also be merged with a UCITS which has been issued in another EU or EEA State and conforms to the conditions of guideline 2009/65/EG. With the agreement of the FMA of Liechtenstein, another transfer date can be set. Before the end of the financial year or another transfer date, all assets of another UCITS or a foreign UCITS that conforms to the guidelines can be transferred to a UCITS. Finally it is also possible that the assets of a foreign UCITS that conforms to the guidelines can be transferred to the UCITS without its liabilities. The investor's credit institutions submit information on the reasons for the merger, the potential implications for the investors, their rights in relation to the merger and the relevant procedural aspects in paper or electronic form at the latest 35 working days before the planned transfer date. The investors receive the important investor information for the special funds or the UCITS that already exist or are newly formed through the merger. Up to five working days before the planned transfer date, the investors have the possibility to either return their shares without redemption deductions or to exchange their shares against shares of another UCITS that is also managed by the management company and has a similar investment policy as the UCITS being merged. On the transfer date the value of the special fund or UCITS being acquired or transferred is calculated, the conversion ratio is determined and the whole process is checked by the auditor. The conversion ratio is determined according to the ratio of the net asset value of the acquired and transferred special fund at the time of the transfer. The investor receives the number of shares in the new special fund that corresponds to the value of his shares in the transferred spe...
Structural Measures. Unless otherwise provided hereinafter and unless the context otherwise requires, the statutory provisions of section V of the UCITS Act headed ‘Structural Measures’ and the associated provisions of the UCITS Ordinance shall apply.
Structural Measures. Under the AIFMG or the AIFMV, the AIFM may decide structural measures concerning the AIF at any time and at its freely exercised discretion with the approval of the FMA Liechtenstein. Structural measures are, in particular, mergers or transformation. A merger may be carried out irrespective of the legal form of the other AIF and of whether the other AIF has its registered office in Liechtenstein or not. In addition, other structural measures are also admissible under the AIFMG or AIFMV. In the absence of any rulings to the contrary below, the statutory provisions under the AIFMG or AIFMV as well as the corresponding provisions shall apply. Under Art. 85 AIFMG, a merger does not require the consent of the investors. The investors will not be granted a right of consent. Further information on dissolution, mergers and structural measures can be found in Art. 9 et seq. of the Trust Agreement. It is also possible to convert the AIF into an umbrella structure with sub funds. This is a translation from German 15 Applicable law, place of jurisdiction and authoritative language The AIF shall be governed by Liechtenstein law. Exclusive place of jurisdiction for all disputes between the investors, the AIFM and the custodian is Vaduz, Principality of Liechtenstein. Nevertheless, with regard to claims of investors from these countries, the AIFM and/or the custodian may subject themselves to a place of jurisdiction in the countries in which shares are offered and sold. Other statutorily mandatory places of jurisdiction are reserved. German is the legally binding language for the prospectus, the Trust Agreement as well as Appendix A "An Overview of the Fund". This prospectus shall come into effect on 08 April 2019. 16 Specific information for individual selling countries Under the applicable law in the Principality of Liechtenstein, the constitutive documents are approved by the FMA. This approval refers only to information concerning the implementation of the provisions of the AIFMG/AIFMV. For this reason, Appendix B "Specific Information for Individual Selling Countries" (if available), which is based on foreign law, shall not be a subject matter of the audit by the FMA and is excluded from the approval.
Structural Measures. 15. Structural measures are listed in Table 2 attached to the Memorandum of Economic and Financial Policies regarding the staff-monitored program: Structural measures under the SMP • The government will adopt by March 31, 2008 a comprehensive action plan with a timetable to address institutional and procedural deficiencies in the commercialization of Congolese oil, to bring them in line with best international practice. • The government will adopt by March 31, 2008 a comprehensive action plan with a timetable for reforming CORAF, taking on board the recommendations of the diagnostic study of its operations by an international consultant. • Completion by June 30, 2008 of a technical and financial audit, by an independent, internationally recognized firm, of current transfers and a representative sample of capital expenditures executed during the period from January 1, 2006 to December 31, 2006, based on terms of reference satisfactory to IMF and World Bank staff. Publication of the audit report on the website of the Ministry of Finance (xxx.xxxx-xx.xxx). • Adoption by June 30, 2008 of a three-year action plan to strengthen public investment management, with assistance from the French Cooperation agency, World Bank, and other development partners. • Quarterly adjustment (within four weeks from the end of the quarter) in petroleum entry distribution and/or retail prices to ensure that oil subsidies for 2008 remain within budget limits (CFAF 35 billion for the full year). The price adjustments should not pass-through any decline in world oil prices. • Quarterly certification, on a continuous basis, of oil revenue by an internationally recognized audit firm─with on quarter lag─using the same specifications as for the 2003 certification and with no restrictions on access to information; certification reports to be published on the website of the Ministry of Economy, Finance, and Budget (www.mefb- xx.xxx). • Publication of all invitations to bid and the bids themselves for government procurement contracts above CFAF200 million on the government website (xxx.xxxx-xx.xxx) • No granting, on a continuous basis and as of the date of promulgation of the 2008 budget law, of new tax and customs exemptions (except those under international conventions). • Centralization of all public revenues and execution of all public payments at the Treasury. • No recourse, on a continuous basis and as of the date of promulgation of the 2008 budget law, to emergency payment and cash ad...
Structural Measures. Pursuant to Art. 38 UCITSA, the UCITS is at liberty at any time with approval of the re- spective supervisory authority to resolve the merger of the UCITS with one or several other UCITS regardless of the legal form of the UCITS and whether or not the other UCITS is domiciled in Liechtenstein. Unit classes of the UCITS can be merged with each other or with one of several other UCITS or their investment compartments or unit clas- ses. It is also possible to split the UCITS or its unit classes. Additionally, other structural measures pursuant to Art. 49 UCITSA are permissible. Unless otherwise stipulated below, the legal provisions of Arts. 36 ff of the UCITSA and the relevant provisions of the associated ordinance shall apply.
Structural Measures. Under the AIFMG or the AIFMV, the AIFM may decide structural measures concerning the AIF resp. subfunds at any time and at its freely exercised discretion with the approval of the FMA Liechtenstein. Structural measures are, in particular, mergers or transformation. A merger may be carried out irrespective of the legal form of the other AIF and of whether the other AIF has its registered office in Liechtenstein or not. In addition, other structural measures are also admissible under the AIFMG or AIFMV. In the absence of any rulings to the contrary below, the statutory provisions under the AIFMG or AIFMV as well as the corresponding provisions shall apply. Under Art. 85 AIFMG, a merger does not require the consent of the investors. The investors will not be granted a right of consent. Further information on dissolution, mergers and structural measures can be found in Art. 9 et seq. of the Trust Agreement. 15 Applicable law, place of jurisdiction and authoritative language The AIF shall be governed by Liechtenstein law. Exclusive place of jurisdiction for all disputes between the investors, the AIFM and the depositary is Vaduz, Principality of Liechtenstein. Nevertheless, with regard to claims of investors from these countries, the AIFM and/or the depositary may subject themselves to a place of jurisdiction in the countries in which units are offered and sold. Other statutorily mandatory places of jurisdiction are reserved. German is the legally binding language for the prospectus, the Trust Agreement as well as respective Annex A „Subfund overview“ and any further annexes. This prospectus shall come into effect on 13 December 2018.
Structural Measures. In consideration of the flow capacity of the existing river channels, following river improvement and new construction of floodways were proposed (Figure 3.17) so as to increase the safety level as indicated in Figure 3.16. Followings are lists of stretches for which improvement or new construction of floodways proposed in the Master Plan. Rivers, which are not included in the list, were judged to have enough flow capacity to accommodate the design discharge indicated in Figure 3.16. Cidurian River System Improvement for 31.9 km Cimanceuri River System Improvement for 22.2 km Cirarab River System Improvement for 16.8 km Cisadane River System Improvement for 21.0 km Cengkareng River System
Structural Measures. (i) River improvement of the Western Banjir Canal with design discharge of 100-year design scale
Structural Measures. Unless otherwise provided hereinafter and unless the context otherwise requires, the statutory provisions of section V of the UCITS Act headed ‘Structural Measures’ and the associated provisions of the UCITS Ordinance shall apply. Merger The Management Company may, subject to the requirement of the FMA, resolve to merge the UCITS with another collective investment scheme. The Management Company may, subject to the approval of the FMA, resolve to merge a Sub-Fund with another Sub-Fund of this UCITS or of another Undertaking for Collective Investments of Transferable Securities, independent of its legal form and irrespective of whether or not such other UCITS has its registered office in Liechtenstein.
