Common use of Terms and conditions of the transaction Clause in Contracts

Terms and conditions of the transaction. 1) The basis and terms and conditions of this merger shall be determined based on the inventory of the portfolio and the net assets of the Absorbed Fund certified by the auditor, taking into account the creation of the Absorbing SICAV by means of a contribution of all assets of the Absorbed Fund. 2) The valuations for determining the exchange ratio will be made on 20/07/2020. Subject to the normal functioning of the financial markets, otherwise from the day on which trading resumes, the merger by contribution of all assets of the Absorbed Fund to the Absorbing Fund is set for 20/07/2020.

Terms and conditions of the transaction. 1) The basis and terms and conditions of this merger shall be determined based on the inventory of the portfolio and the net assets of the Absorbed Fund certified by the auditor, taking into account the creation of the Absorbing SICAV by means of a contribution of all assets of the Absorbed Fund. 2) The valuations for determining Valuations used to determine the exchange ratio will be made take place on 20/07/2020. Subject 30/06/2021, subject to the normal functioning of the financial markets, otherwise from otherwise, on the day on which trading resumes, the quotations resume. The merger by contribution of all of the assets of the Absorbed Fund to into the Absorbing Fund is set for 20/07/2020at 30/06/2021.