Examples of Federated Entity in a sentence
Each Federated Entity is duly organized and validly existing pursuant to its Declaration of Trust/Articles of Incorporation.
The Purchaser and the Program Agent at its option may proceed in the first instance against the Parent to obtain a remedy under any Program Document in the amount and in the manner set forth in such Program Document, without being obliged to resort first to any claim or action against the Seller, the Transferor, the Shareholder Servicer, the Distributor (as Distributor, Principal Shareholder Servicer or Servicer) or any other Federated Entity.
No notice to or demand on any party to this Agreement in any case shall entitle a Federated Entity to any other or further notice or demand in similar or other circumstances.
The Revolving Purchaser and the Program ------------- Administrator shall have completed and be reasonably satisfied with their due diligence review of each Federated Entity, Company and Fund.
For the avoidance of doubt (i) references in this Agreement to the Distributor shall be deemed to include the Distributor in its capacities as Distributor, Principal Shareholder Servicer and Servicer, and (ii) references to “it” in Section 4.01 and Section 5.01 shall in respect of the Parent mean the Parent and each other Federated Entity.
No Federated Entity shall assign its rights or obligations hereunder or under any other Program Document or in connection herewith or therewith or any interest herein or therein (voluntarily, or by operation of law or otherwise) without the Program Administrator's and the Purchasers' prior written consent.
No notice to or demand on any party to this Agreement or any other Program Document in any case shall entitle a Federated Entity to any other or further notice or demand in similar or other circumstances.
The Swiss Code of Best Practice does not mention this nomination as a requirement for independence.
As counsel we have reviewed the appropriate documents relating to the organization of each Federated Entity, their registration under the Investment Company Act of 1940, the registration of their securities on Form N-1A under the Securities Act of 1933 and participated in the drafting of the N-14 Registration.
The Purchasers and the Program Administrator at its option may proceed in the first instance against the Parent to obtain a remedy under any Program Document in the amount and in the manner set forth in such Program Document, without being obliged to resort first to any claim or action against the Seller, the Transferor, the Shareholder Servicer, the Distributor (as Distributor, Principal Shareholder Servicer or Program Servicer Agent) or any other Federated Entity.