Selling Portfolio definition

Selling Portfolio has the meaning specified in Section 2.10;

Selling Portfolio means each series of a Selling Trust listed in the column entitled “Selling Portfolio” on Exhibit A.

Selling Portfolio has the meaning specified in Section 2.9; (x) "Shareholder" means a record owner of Outstanding Shares of the Trust; (y) "Shares" (each, a "Share") means, as to a Portfolio or any Class thereof, the equal proportionate transferable units of beneficial interest into which the beneficial interest of such Portfolio or such Class thereof shall be divided and may include fractions of Shares in 1/1000 of a Share or integral multiples thereof as well as whole Shares; (z) The "Trust" means Old Mutual Funds III, a Delaware statutory trust established under this Agreement. Reference to the Trust, when applicable to one or more Portfolios, refers to each such Portfolio; (aa) The "Trustees" means the Persons who have signed this Agreement as trustees so long as they continue to serve as trustees of the Trust in accordance with the terms hereof, and all other Persons who may from time to time be duly appointed as Trustee in accordance with the provisions of Section 3.4, or elected as Trustee by the Shareholders, and reference herein to a Trustee or to the Trustees refers to such Persons in their capacity as Trustees hereunder; and (bb) "Trust Property" means any and all property, real or personal, tangible or intangible, which is owned or held by or for the account of the Trust or any Portfolio, or by the Trustees on behalf of the Trust or any Portfolio. Section 1.3

Examples of Selling Portfolio in a sentence

• Shares of the Selling Portfolio so purchased on behalf of the Purchasing Portfolio shall be Outstanding Shares, and shall have all preferences, voting powers, rights and privileges established for such Shares.

• The Trust may purchase, on behalf of any Portfolio (the "Purchasing Portfolio"), Shares of another Portfolio (the "Selling Portfolio") or any Class thereof.

• The Trust may purchase, on behalf of any Portfolio (the "Purchasing Portfolio"), Shares of another Portfolio (the "Selling Portfolio").

• The column Selling Portfolio shows the average CAPM Alpha, average CAPM beta, average prior 13- to 60-month returns, and average posterior cumulative 12 month returns for the assets sold by the mutual funds.

• For more information, please refer to the “Shareholder Information—Purchasing and Selling Portfolio Shares” section of this Prospectus.

• Any notice, report, statement or demand required or permitted by any provisions of this Agreement shall be in writing and shall be given by facsimile, electronic delivery, personal service or prepaid certified mail addressed to the Selling Portfolio or the Buying Portfolio, [ ], Attention: Secretary.

• This Agreement may be amended, modified or supplemented in such manner as may be mutually agreed upon in writing by the authorized officers of each Selling Portfolio and corresponding Buying Portfolio; provided, however, that no amendment that under applicable law requires approval by shareholders of a Selling Portfolio or a Buying Portfolio, as applicable, shall be effective without such approval having been obtained.

• One is the TED spread (∆TED, change in the Treasury-Eurodollar spread17The difference in values between the metrics reported for the Selling Portfolio and the Buying Portfolio are allhighly statistically significant, with a t-stat of 71.62 for Avg.

• This Agreement may be amended, modified or supplemented in such manner as may be mutually agreed upon in writing by the authorized officers of the Selling Portfolio and the Buying Portfolio; provided, however, that no amendment that under applicable law requires approval by shareholders of the Selling Portfolio or the Buying Portfolio, as applicable, shall be effective without such approval having been obtained.

• We have assumed for purposes of this opinion that, prior to the date of the issuance of the Shares, (1) the trustees of each Selling Portfolio and the shareholders of each Selling Portfolio will have taken all action required of them for the approval of the Agreement and Plan of Reorganization and (2) the Agreement and Plan of Reorganization will have been duly executed and delivered by each party thereto.