Common use of Purpose of Fund Clause in Contracts

Purpose of Fund. The purpose of the Fund is to conduct, operate and carry on the business of a registered management investment company registered under the 1940 Act investing primarily in securities and rights of a financial character and, in addition to any authority given by law, to exercise all of the powers and to do any and all of the things as fully and to the same extent as any private corporation organized for profit under the general corporate law of the State of Delaware, now or hereafter in force, including, without limitation, the following powers:

Appears in 3 contracts

Samples: Agreement and Declaration (Dynamic Alternatives Fund), Agreement and Declaration (Dynamic Alternatives Fund), Agreement and Declaration of Trust (Dynamic Alternatives Fund)

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Purpose of Fund. The purpose of the Fund is to conduct, operate and carry on the business of a registered management investment company registered under the 1940 Act investing primarily in securities and rights of a financial character and, in addition to any authority given by law, to exercise all of the powers and to do any and all of the things as fully and to the same extent as any private corporation organized for profit under the general corporate law of the State of Delaware, now or hereafter in force, including, without limitation, the following powers:Act.

Appears in 2 contracts

Samples: Agreement and Declaration (Voya Enhanced Securitized Income Fund), Agreement and Declaration (Ing Pilgrim Senior Income Fund)

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