Receiving Fund definition

Receiving Fund means the Receiving Fund established pursuant to Section 12 of this Ordinance.
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Receiving Fund means the common fund, sub-fund of an umbrella common fund, European standard fund or sub-fund of European standard fund into which the assets and liabilities of a merging fund are transferred, including newly constituted common fund, newly constituted sub-fund of an umbrella fund, newly constituted European standard fund, or newly constituted sub-fund of European standard fund, which shall, under the procedure referred to in paragraph 1(b), be constituted by the merger.
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Receiving Fund means the Water Supply System Receiving Fund created pursuant to Section 16(b).
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Examples of Receiving Fund in a sentence

  • For reasons explained earlier in this circular, the Directors believe that the proposed merger and the proposed transfer of Assets of the Merging Fund into the Receiving Fund is in the long term best interests of Shareholders of the Merging Fund and accordingly recommend that you vote in favour of the proposed merger.

  • You will be advised in writing following the Effective Date of the number of Shares issued to you in the Receiving Fund.

  • This includes legal, advisory and administration costs, the costs of calling the meeting of Shareholders of the Merging Fund, and the costs relating to the preparation and implementation of the proposed merger.The Manager will bear the costs associated with the transfer of Assets of the Merging Fund to the Receiving Fund (such as broker transactions costs, any stamp duty and other taxes or duties) if any.

  • The same applies to the ongoing tax status of the Receiving Fund under the laws of the countries of their nationality, residence, domicile or incorporation.

  • This involves the transfer of the net assets of the Merging Fund to the Receiving Fund.


More Definitions of Receiving Fund

Receiving Fund means the Southeast Macomb County Waste Water Disposal System Receiving Fund established pursuant to Section 14(a) of this Resolution.
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Receiving Fund means the Water Resource Recovery System Receiving Fund created pursuant to Section 15(b).
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Receiving Fund means the bank account designated "Water Supply and Sewage Disposal System Receiving Fund."
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Receiving Fund means the Sewage Disposal System Receiving Fund created pursuant to Section 16(B).
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Receiving Fund means the Sanitary Sewer System Receiving Fund created pursuant to Section 17(b).
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Receiving Fund means the Water System Receivingterms of the sale of the Series 2022A Bonds as evidenced thereon shall be payable solely from the Net Revenues and transfers shall be made from the moneys remaining in
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Receiving Fund shall have the meaning assigned to such term in the Ordinance.
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