Ownership of Acquiring Clause Samples

The 'Ownership of Acquiring' clause defines who will hold legal title or beneficial ownership of the entity or assets being acquired in a transaction. Typically, this clause specifies whether the buyer, a subsidiary, or another designated party will become the owner upon completion of the deal, and may outline the timing and conditions under which ownership transfers. Its core function is to ensure clarity regarding the transfer of ownership, thereby preventing disputes and establishing clear rights and responsibilities post-acquisition.
Ownership of Acquiring. Fund Shares will be shown on the books of the Acquiring Fund's transfer agent, as defined in paragraph 3.3.
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Ownership of Acquiring. Fund Shares will be shown on the books of the Acquiring Fund. Shares of the Acquiring Fund will be issued in the manner described in the Acquiring Fund's then-current prospectus and statement of additional information.
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Ownership of Acquiring. Portfolio Shares will be shown on the books of the Acquiring Portfolio's transfer agent, as defined in paragraph 3.3.
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Ownership of Acquiring. Fund Shares will be shown on the books of the Acquiring Fund's transfer agent. Acquiring Fund Shares will be issued in the manner described in the Acquiring Fund's Registration Statement on Form N-14 in the form attached to this Agreement as Annex A.
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Ownership of Acquiring. Fund Shares of the Acquiring Fund will be shown on its books.
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Related to Ownership of Acquiring

  • Ownership of Assets The Company and its subsidiaries have good and marketable title to all property (whether real or personal) described in the Registration Statement, in the Time of Sale Disclosure Package and in the Prospectus as being owned by them, in each case free and clear of all liens, claims, security interests, other encumbrances or defects except such as are described in the Registration Statement, in the Time of Sale Disclosure Package and in the Prospectus. The property held under lease by the Company and its subsidiaries is held by them under valid, subsisting and enforceable leases with only such exceptions with respect to any particular lease as do not interfere in any material respect with the conduct of the business of the Company or its subsidiaries.