Common use of Suspension of Right of Redemption or Repurchase Clause in Contracts

Suspension of Right of Redemption or Repurchase. Notwithstanding the foregoing, the Trust may postpone payment of the redemption or repurchase price and may suspend the right of the holders of Shares to require the Trust to redeem or repurchase Shares to the extent permissible under the 1940 Act.

Appears in 8 contracts

Samples: Agreement and Declaration of Trust (FNEX Ventures), Agreement and Declaration (City National Rochdale Strategic Credit Fund), Agreement and Declaration of Trust (PRISM Multi Strategy Fund)

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Suspension of Right of Redemption or Repurchase. Notwithstanding the foregoing, the Trust may postpone payment of the redemption or repurchase price and may suspend the right of the holders of Common Shares to require the Trust to redeem or repurchase Shares to the extent permissible under the 1940 Act.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Global X Venture Fund)

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