Common use of Dissolution of the Fund Clause in Contracts

Dissolution of the Fund. Promptly following the Closing, the officers of the Fund shall take all steps necessary under Massachusetts law to dissolve its business trust status, including publication of any necessary notices to creditors, receipt of any necessary pre-dissolution clearances from the Commonwealth of Massachusetts, and filing for record with the Secretary of the Commonwealth of Massachusetts of a Certificate of Termination.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (Oppenheimer Senior Floating Rate Fund), Agreement and Plan of Reorganization (Oppenheimer Main Street Select Fund), Indemnification Agreement (American Funds Tax Exempt Series I)

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Dissolution of the Fund. Promptly following the Closing, the officers of the Fund shall take all steps necessary under Massachusetts law to dissolve its business trust status, including publication of any necessary notices to creditors, receipt of any necessary pre-dissolution clearances from the The Commonwealth of Massachusetts, and filing for record with the Secretary of the Commonwealth of Massachusetts of a Certificate of Termination.

Appears in 1 contract

Samples: Shareholder Services Agreement (Tax Exempt Money Fund of America)

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Dissolution of the Fund. Promptly following the Closing, the officers of the Fund shall take all steps necessary under Massachusetts [Massachusetts][Maryland] law to dissolve its [business trust trust][corporate] status, including publication of any necessary notices to creditors, receipt of any necessary pre-dissolution clearances from the [The Commonwealth of MassachusettsMassachusetts][the State of Maryland], and filing for record with the Secretary of [the Commonwealth of Massachusetts of a Certificate of TerminationTermination][State of Maryland of Articles of Dissolution].

Appears in 1 contract

Samples: Form of Agreement and Plan of Reorganization (Franklin Mutual Recovery Fund)

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