Common use of Preservation of Assets Clause in Contracts

Preservation of Assets. The Acquiring Fund agrees that it has no plan or intention to sell or otherwise dispose of the assets of the Acquired Fund to be acquired in the Merger, except for dispositions made in the ordinary course of business.

Appears in 4 contracts

Samples: Form of Agreement and Plan of Merger (Western Asset Emerging Markets Debt Fund Inc.), Form of Agreement and Plan of Merger (Tortoise Energy Infrastructure Corp), Agreement and Plan of Merger (Western Asset High Income Opportunity Fund Inc.)

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Preservation of Assets. The Acquiring Fund agrees that it has no plan or intention to sell or otherwise dispose of the assets of the Acquired Fund to be acquired in the Merger, except for dispositions made in the ordinary course of business.. 4.6

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Western Asset Emerging Markets Debt Fund Inc.), Agreement and Plan of Merger (Western Asset Emerging Markets Debt Fund Inc.), Agreement and Plan of Merger (Western Asset Worldwide Income Fund Inc.)

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Preservation of Assets. The Trust, on behalf of the Acquiring Fund Fund, agrees that it has no plan or intention to sell or otherwise dispose of the assets of the Acquired Fund to be acquired in the Merger, except for dispositions made in the ordinary course of business.

Appears in 2 contracts

Samples: Form of Agreement and Plan of Merger (Legg Mason Funds Trust), Agreement and Plan of Merger (LMP Real Estate Income Fund Inc.)

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