Fundamental Policy definition

Fundamental Policy means, with respect to any Borrower or Fund, any of such Borrower’s or Fund’s Investment Policies and Restrictions that may not be changed without the approval of the stockholders of such Borrower or Fund.
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Fundamental Policy means any policies of the Party B Investor that may not be changed without the vote of the owners of shares of common stock of the Party B Investor.
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Fundamental Policy means, with respect to any Borrower, any of such Borrower’s Investment Policies and Restrictions that may not be changed without the approval of the stockholders of such Borrower.
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Examples of Fundamental Policy in a sentence

  • Current Fundamental Policy Proposed Fundamental Policy -------------------------- --------------------------- The Fund cannot invest in real estate.

  • Periodic repurchases of Common Shares are made on a monthly basis in accordance with the Fund’s Fundamental Policy on Repurchase Offers adopted in accordance with Rule 23c-3 of the 1940 Act.

  • The Borrower will not permit any of the Fundamental Policies or any other Investment Policies and Restrictions that may not be changed without shareholder approval (to the extent not considered a Fundamental Policy) to be changed without the prior written consent of the Required Banks, which consent shall not be unreasonably withheld, provided, to the extent the Required Banks consent to any change to any Fundamental Policies, then Schedule 3 hereto shall be amended to give effect to such change.

  • Approval of the Revision of the Fundamental Policy regarding Commodities.

  • Current Fundamental Policy -------------------------- The Fund cannot purchase securities other than hedging instruments on margin.

  • Periodic repurchases of Common Shares are made on a quarterly basis in accordance with the Fund's Fundamental Policy on Repurchase Offers adopted in accordance with Rule 23c-3 of the 1940 Act.

  • Current Fundamental Policy Proposed Fundamental Policy -------------------------- --------------------------- The Fund cannot concentrate its investments to the The Fund cannot invest 25% or more of its total assets extent of 25% of its total assets in any industry.

  • Current Fundamental Policy -------------------------- The Fund cannot invest in or hold securities of any issuer if officers and Trustees of the Fund or the Manager individually beneficially own more than 1/2 of 1% of the securities of that issuer and together own more than 5% of the securities of that issuer.

  • Current Fundamental Policy -------------------------- A Portfolio cannot, by itself or together with any other Portfolio or Portfolios, make investments for the purpose of exercising control of management.

  • Current Fundamental Policy -------------------------- A Portfolio cannot purchase any securities on margin, however Panorama Series Fund may obtain such short term credits as may be necessary for the clearance of purchases and sales of portfolio securities.


More Definitions of Fundamental Policy

Fundamental Policy means a policy that a fund adopts under section 8(b)(3) of the Act (15 U.S.C. 80a–8(b)(3)) or, in the case of a business development company, a policy that is changeable only if authorized by the vote of a majority of the outstanding voting securities of the fund.
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Fundamental Policy means the investment policy and objective of each Borrower as described in such Borrower’s Formation Documents.
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Related to Fundamental Policy

  • Fundamental Policies means the investment policies and restrictions as set forth from time to time in any Registration Statement of the Trust filed with the Commission and designated as fundamental policies therein, as they may be amended from time to time in accordance with the requirements of the 1940 Act.

  • Company Fundamental Representations means the representations and warranties set forth in Section 3.1(a) and Section 3.1(b) (Organization and Qualification), Section 3.2(a), Section 3.2(c) and Section 3.2(f) (Capitalization of the Group Companies), Section 3.3 (Authority), Section 3.8(a) (No Company Material Adverse Effect) and Section 3.17 (Brokers).

  • Buyer Fundamental Representations means the representations and warranties set forth in Sections 4.1 (Existence and Power), 4.2 (Authorization), 4.3 (Enforceability) and 4.6 (Brokers).

  • Fundamental Change shall be deemed to have occurred at the time after the Notes are originally issued if any of the following occurs:

  • Fundamental Representations has the meaning set forth in Section 8.1.

  • Seller Fundamental Representations means the representations and warranties of Seller contained in Section 3.01 (Existence and Power), Section 3.02 (Authorization), Section 3.05 (Group Companies) (other than Section 3.05(e)) and Section 3.21 (Finders’ Fees).

  • Make-Whole Fundamental Change means any transaction or event that constitutes a Fundamental Change (as defined above and determined after giving effect to any exceptions to or exclusions from such definition, but without regard to the proviso in clause (b) of the definition thereof).

  • Tail Policy has the meaning set forth in Section 6.18(b).

  • Purchaser Fundamental Representations means the representations and warranties set forth in Section 4.1 (Organization; Good Standing); Section 4.2 (Corporate Power; Enforceability); Section 4.3(a) (Non-Contravention) and Section 4.8 (Brokers).