Evergreen Status definition

Evergreen Status the Fund has no definitive closing date.The Fund will have multiple closing dates, initially 31st March 2018 and at approximately three-monthly intervals thereafter until such time as the Fund Manager notifies the Investor with no less than one year’s notice that the Fund is to terminate;
Evergreen Status which means we can terminate them

Examples of Evergreen Status in a sentence

  • Further, for each subsequent one year term while on Evergreen Status, Buyer shall similarly provide Buyer’s nomination of Product by November 1 for a period of sixteen (16) months commencing January 1 of the next year.