In-Kind Redemption. If the Fund desires to redeem all of its Shares in the Portfolio, unless otherwise agreed to by the parties hereto, the Adviser and BDI, as applicable, will direct the Portfolio to effect such redemption "in kind" in accordance with the in-kind redemption procedures adopted by the Master Trust's Board of Trustees.
Appears in 3 contracts
Sources: Master Feeder Participation Agreement (Usaa Mutual Funds Trust), Master Feeder Participation Agreement (Usaa Mutual Funds Trust), Master Feeder Participation Agreement (Usaa Mutual Funds Trust)
In-Kind Redemption. If the Fund desires to redeem all of its Shares in the Portfolio, unless otherwise agreed to by the parties hereto, the Adviser and BDIFAM, as applicable, will direct the Portfolio to effect such redemption "in kind" in accordance with the in-kind redemption procedures adopted by the Master Trust's Board of Trustees.
Appears in 2 contracts
Sources: Master Feeder Participation Agreement (Usaa Mutual Fund Inc), Master Feeder Participation Agreement (Usaa Mutual Fund Inc)