Paragon Funds definition

Paragon Funds entered into in the name or on behalf thereof by any of the Trustees, officers, employees or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, officers, employees, agents or shareholders of Paragon personally, but bind only the assets of Paragon, and all persons dealing with any of the series or funds of Paragon, such as Paragon Funds, must look solely to the assets of Paragon belonging to such series or funds for the enforcement of any claims against Paragon.
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Examples of Paragon Funds in a sentence

  • The Paragon Funds' obligation under this Section 11(a) to indemnify and hold harmless the Indemnified Parties shall constitute a guarantee of payment so that the Paragon Funds will pay in the first instance any expenses, losses, claims, damages and liabilities required to be paid by it under this Section 11(a) without the necessity of the Indemnified Parties first paying the same.

  • Notwithstanding any other provision in this Agreement, in the event shareholder approval of this Agreement and the transactions contemplated by this Agreement is obtained with respect to only one or more Paragon Funds but not all of the Paragon Funds, One Group and Paragon agree to consummate those transactions with respect to those Paragon Funds whose shareholders have approved this Agreement and those transactions.

  • For purposes of analysis regarding the 1940 Act, ▇▇▇▇ & ▇▇▇▇ may assume as fact that the Paragon Funds and the One Group Funds may be considered affiliated persons or affiliated persons of an affiliated person solely by reason of having a common investment adviser.

  • For purposes of this Agreement the respective Paragon Funds correspond to the One Group Funds as follows: Paragon Money Market corresponds to One Group Money Market; Paragon Government corresponds to One Group Limited Volatility; Paragon Bond corresponds to One Group Bond; Paragon Equity corresponds to One Group Income Equity; Paragon Louisiana corresponds to One Group Louisiana; Paragon Growth corresponds to One Group Growth; and One Group Gulf South corresponds to Paragon Gulf South.

  • Delivery of the assets of the Paragon Funds to be transferred, assumption of the liabilities of the Paragon Funds to be assumed, and the delivery of Shares to be issued shall be made at the offices of Banc One Investment Advisors Corporation at 9:00 am.