Termination of Plan. A majority of either Fund's Board of Directors may terminate this Plan with respect to that Fund at any time before the applicable Effective Time if: (i) the Fund's conditions precedent set forth in Sections 8, 9 or 10 as appropriate, are not satisfied; or (ii) the Board of Directors determines that the consummation of the Acquisition is not in the best interests of the Fund or its stockholders and gives notice of such termination to the other party.
Appears in 4 contracts
Samples: Acquisition Agreement (Acm Government Income Fund Inc), Acquisition Agreement (Acm Government Securities Fund Inc), Acquisition Agreement (Alliance Bond Fund Inc)
Termination of Plan. A majority of either Fund's Board of Directors Trustees may terminate this Plan with respect to that Fund at any time before the applicable Effective Time if: (i) the Fund's conditions precedent set forth in Sections 8, 9 or 10 10, as appropriate, are not satisfied; or (ii) the Board of Directors Trustees determines that the consummation of the Acquisition is not in the best interests of the relevant Fund or its stockholders shareholders and gives notice of such termination to the other party.
Appears in 1 contract
Samples: Agreement and Plan of Acquisition and Liquidation (Alliance International Fund Inc)
Termination of Plan. A majority of either Fund's ’s Board of Directors may terminate this Plan with respect to that Fund at any time before the applicable Effective Time if: (i) the Fund's ’s conditions precedent set forth in Sections 8, 9 or 10 as appropriate, are not satisfied; or (ii) the Board of Directors determines that the consummation of the Acquisition is not in the best interests of the Fund or its stockholders and gives notice of such termination to the other party.
Appears in 1 contract
Samples: Agreement and Plan of Acquisition and Liquidation (Alliancebernstein Global High Income Fund Inc)
Termination of Plan. A majority of either Fund's Funds Board of Directors may terminate this Plan with respect to that Fund at any time before the applicable Effective Time if: (i) the Fund's i)the Funds conditions precedent set forth in Sections 8, 9 or 10 as appropriate, are not satisfied; or (ii) the ii)the Board of Directors determines that the consummation of the Acquisition is not in the best interests of the Fund or its stockholders Stockholders and gives notice of such termination to the other party.
Appears in 1 contract
Samples: Agreement and Plan of Acquisition and Liquidation (Alliancebernstein Large Cap Growth Fund Inc)
