Participation Agreement definition
Examples of Participation Agreement in a sentence
The Amendment to the Participation Agreement, dated July 7, 2023, concerning Rule 30e-3 of the Investment Company Act of 1940 (“Rule 30e-3”) is hereby deleted.
Nothing herein shall amend, modify or supersede any contractual terms, obligations or covenants among or between any of the Company, PIMCO or any Trust previously or currently in effect, including those contractual terms, obligations or covenants contained in the Participation Agreement.
To the extent the terms of this Amendment conflict with the terms of the Participation Agreement, the terms of this Amendment shall control; otherwise, and except as otherwise specifically set forth in this Amendment, the terms of the Participation Agreement shall continue to apply, and shall apply to the duties, responsibilities, rights, and obligations of the Parties under and pursuant to this Amendment.
The Parties hereby confirm that the Fund Participation Agreement dated June 9, 2011 is the operative agreement governing the relationship among the Parties.
The Fund Participation Agreement dated July 21, 2011 is no longer in effect and shall not be referenced in future amendments.