Continuing Fund definition
Examples of Continuing Fund in a sentence
The Sellers agree to use their reasonable best efforts to cause each Continuing Fund to call a meeting of the governing body and shareholders of each such Continuing Fund to consider and approve the entering by such Continuing Fund into such new investment management agreement.
From and after the Closing until the fourth anniversary of the Closing Date, the Buyer will, in each calendar year in which it does two or more equity fund promotions in which additional commission dollars are paid to brokers and dealers whose sales of specified funds during a specified period exceed specified thresholds, include at least one Continuing Fund in one such promotion; provided, however, that at least one Continuing Fund then has a Morningstar's three-year rating of at least three stars.
The Buyer will include each Continuing Fund in its primary source of information for dealers, on a basis substantially similar as for its other mutual funds, until the termination of such Continuing Fund's Subadvisory Agreement with Advisors.
Within a reasonable period (but in no event later than 90 days) after the Closing, the Buyer will include each Continuing Fund in the ▇▇▇▇▇▇▇▇▇▇▇ Funds Dealer Fact book, fund spectrum and dealer agreements.