Common use of Structural Measures Clause in Contracts

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. 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 Liechten- xxxxx 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.