Common use of Scale of investment Clause in Contracts

Scale of investment. Upon reasonable request by an Acquired Fund, the Acquiring Fund will provide summary information regarding the anticipated timeline of its investment in the Acquired Fund and the scale of its contemplated investment in the Acquired Fund; provided, however, that the Acquiring Fund does not, in its sole discretion, determine that the requested information includes material non-public information. The Acquired Fund acknowledges and agrees that any information provided pursuant to the foregoing is not a commitment to purchase and constitutes an estimate that may differ materially from the amount, timing and manner in which a purchase order is submitted, if any.

Appears in 3 contracts

Sources: Fund of Funds Investment Agreement (First Trust Exchange-Traded Fund Viii), Fund of Funds Investment Agreement (First Trust Series Fund), Investment Agreement (Ft 9857)