Termination by the Swedish Pensions Agency. The Swedish Pensions Agency is always entitled to terminate the fund agreement with notice of termination of six (6) months after the Fund Manager, in accordance with s. 7.1.1, is deemed to have received notice of termination, or with the shorter notice term agreed between the parties in writing. In addition, the Swedish Pensions Agency is entitled to terminate the fund agreement with a shorter notice period than six (6) months if such circumstances exist, according to the Swedish Pensions Agency, referred to in s. 7.3.1 second paragraph and which mean that a fund or Fund Manager can no longer participate on the fund platform. Termination shall then be effective on the date set by the Swedish Pensions Agency. Regardless of what has been stated above, the Swedish Pensions Agency may terminate the fund agreement with immediate effect if the Fund Manager has substantially breached the agreement. In this respect, each breach of the agreement by the Fund Manager, where correction has not been made as soon as possible despite request, or where it has taken place repeatedly, shall be deemed to constitute a material breach of the agreement. The Swedish Pensions Agency may always terminate the fund agreement with immediate effect in the event that:
Appears in 5 contracts
Samples: Fund Agreement, Fund Agreement, Fund Agreement
