IM Agreement definition
Examples of IM Agreement in a sentence
This Subcontract will terminate as to any Fund immediately upon the termination of the IM Agreement applicable to that Fund and, in addition, may be terminated by either party at any time on sixty (60) days’ written notice without payment of penalty.
This Subcontract will terminate as to the Fund immediately upon the termination of the IM Agreement applicable to the Fund and, in addition, may be terminated by either party at any time on sixty (60) days’ written notice without payment of penalty.
Unless otherwise terminated, this Subcontract shall remain in full force and effect for a Fund so long as the IM Agreement for such Fund remains in effect.
Unless otherwise terminated, this Subcontract shall remain in full force and effect for the Fund so long as the IM Agreement for the Fund remains in effect.
The Directors (including the independent non-executive Directors) consider the New IM Agreement has been entered into on normal commercial terms and in the ordinary and usual course of business of the Company.
The Directors believe that the terms of the New IM Agreement are fair and reasonable as far as the independent shareholders of the Company are concerned.
The Directors have no material interests in the New IM Agreement.
This Subcontract will terminate as to the Trust immediately upon the termination of the IM Agreement applicable to the Trust and, in addition, may be terminated by either party at any time on sixty (60) days’ written notice without payment of penalty.
The Company entered into the New IM Agreement on 30 November 2020 to appoint ESL as its new investment manager for an initial term of three years commencing from 8 December 2020.
The appointment of ESL as the new investment manager of the Company will be governed by the terms and conditions of the New IM Agreement.