Examples of Xxxxxx Affiliate in a sentence
In no event shall Xxxxxx or any Xxxxxx Affiliate enter into any agreement with the intent of disposing, or resulting in the disposition of, its rights to vote any of the Common Shares of the Fund in circumvention of the requirements of this Section 2.2; provided, however, that a final sale of Common Shares of the Fund (not coupled with any repurchase agreement or similar reacquisition agreement) shall not be considered a prohibited sale of voting rights in contravention of this Section 2.2.
For the avoidance of doubt any Intellectual Property Rights belonging to a Balfour Xxxxxx Affiliate shall remain vested in that Balfour Xxxxxx Affiliate and Xxxxxxx Xxxxxx shall be entitled to enforce any rights under this clause 10 on behalf of and for the benefit of the Balfour Xxxxxx Group.
The parties agree that neither party can assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the other party, which consent will not be unreasonably withheld, delayed or conditioned; except that X.X. Xxxxxx may assign this Agreement without the Customer’s consent (a) to any X.X. Xxxxxx Affiliate or (b) in connection with a merger, reorganization, stock sale or sale of all or substantially all of X.X. Xxxxxx’x fund servicing business.
When instructed to buy or sell Securities for which the Custodian or a Xxxxxx Affiliate acts as a dealer, the Custodian may buy or sell such Securities from or to either itself, as principal, or such Xxxxxx Affiliate.
The Custodian shall be responsible to ensure that each Subcustodian that is a Xxxxxx Affiliate performs in accordance with the foregoing standard.