Common use of FUND CLOSING Clause in Contracts

FUND CLOSING. You hereby acknowledge that if you: (i) advise the Board that you no longer wish to continue managing the Fund, or (ii) become financially unable or refuse to fulfill any of your obligations under any agreement with the Fund, including any expense limitation agreement, the Board may determine to cease operations of the Fund and to redeem all outstanding shares of the Fund after notice to shareholders. In the event that your actions result in the closing of the Fund, you agree as follows:

Appears in 16 contracts

Samples: Management Agreement (Unified Series Trust), Management Agreement (Unified Series Trust), Management Agreement (Unified Series Trust)

AutoNDA by SimpleDocs

FUND CLOSING. You hereby acknowledge that if you: (i) advise the Board that you no longer wish to continue managing the Fund, or (ii) become financially unable or refuse to fulfill any of your obligations under any agreement with the Fund, including any expense limitation agreement, the Board may determine to cease operations of the Fund and to redeem all outstanding shares of the Fund after notice and to shareholderscease operations of the Fund. In the event that your actions result in the closing of the Fund, you agree as follows:

Appears in 8 contracts

Samples: Management Agreement (Valued Advisers Trust), Management Agreement (Valued Advisers Trust), Management Agreement (Unified Series Trust)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!