Examples of Transferee Entity in a sentence
Alternatively where it is not practicable to make the in-specie redemption directly, the Directors may transfer the whole or part of the assets of the ICAV to a Transferee Entity on terms that Shareholders in the ICAV (or where relevant a Fund) shall receive from the Transferee Entity shares or units in the Transferee Entity of equivalent value to their shareholdings in the ICAV or the Fund and such assets shall be sold for the benefit of such redeeming Shareholder.