Common use of Structural Measures Clause in Contracts

Structural Measures. Pursuant to Art. 38 UCITSA, the UCITS is at liberty at any time with approval of the re- spective supervisory authority to resolve the merger of the UCITS with one or several other UCITS regardless of the legal form of the UCITS and whether or not the other UCITS is domiciled in Liechtenstein. Unit classes of the UCITS can be merged with each other or with one of several other UCITS or their investment compartments or unit clas- ses. It is also possible to split the UCITS or its unit classes. Additionally, other structural measures pursuant to Art. 49 UCITSA are permissible. Unless otherwise stipulated below, the legal provisions of Arts. 36 ff of the UCITSA and the relevant provisions of the associated ordinance shall apply.

Structural Measures. Pursuant to Art. 38 UCITSA, the UCITS is at liberty at any time with approval of the re- spective supervisory authority to resolve the merger of the UCITS with one or several other UCITS regardless of the legal form of the UCITS and whether or not the other UCITS is domiciled in Liechtenstein. Unit classes of the UCITS can be merged with each other or with one of several other UCITS or their investment compartments or unit clas- ses. It is also possible to split the UCITS or its unit classesUCITS. Additionally, other structural measures pursuant to Art. 49 UCITSA are permissible. Unless otherwise stipulated below, the legal provisions of Arts. 36 ff of the UCITSA and the relevant provisions of the associated ordinance shall apply.