Common use of LIQUIDATION OF THE FUNDS Clause in Contracts

LIQUIDATION OF THE FUNDS. 7.1 Upon the expiry of this Collective Agreement or any extension thereof and, in the event of no subsequent agreement being negotiated for the purpose of continuing the operations of the Fund(s) within two years from the expiry of this Collective Agreement or any extension thereof, the Fund(s) shall be liquidated by the Fund(s) trustees in terms of clause 7 of this Chapter.

Appears in 5 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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