Suspension of Sale of Shares Clause Samples
The Suspension of Sale of Shares clause allows a company or its governing body to temporarily halt the sale or transfer of its shares under certain circumstances. Typically, this clause is invoked during events such as pending legal proceedings, regulatory investigations, or significant corporate actions like mergers or restructurings. By enabling the suspension of share sales, the clause helps prevent unauthorized or potentially harmful transfers, thereby protecting the company’s interests and ensuring compliance with legal or regulatory requirements.
Suspension of Sale of Shares. Transfer Agent or its agent shall not be required to issue any Shares of a Fund where it has received a Written Instruction from the Fund or official notice from any appropriate authority that the sale of the Shares of the Fund has been suspended or discontinued. The existence of such Written Instructions or such official notice shall be conclusive evidence of the right of Transfer Agent or its agent to rely on such Written Instructions or official notice.
Suspension of Sale of Shares. Private Trust or its agent shall not be required to issue any Shares of a Fund where it has received a Written Instruction from the Fund or official notice from any appropriate authority that the sale of the Shares of the Fund has been suspended or discontinued. The existence of such Written Instructions or such official notice shall be conclusive evidence of the right of Private Trust or its agent to rely on such Written Instructions or official notice.
Suspension of Sale of Shares. The Company shall have the right to suspend the sale of shares at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of shares of any Fund at any time permitted by the 1940 Act or the rules and regulations thereunder.
Suspension of Sale of Shares. The Transfer Agent shall not be ----------------------------- required to issue any Shares of Trust where it has received a Written Instruction from the Trust or written notice from any appropriate Federal or state authority that the sale of the Shares of the Trust has been suspended or discontinued, and the Transfer Agent shall be entitled to rely upon such Written Instructions or written notification.
Suspension of Sale of Shares. The Agent shall not be required to issue any shares of the Fund where it has received a written instruction from the Trust or written notice from any appropriate Federal or state authority that the sale of the shares of the Fund has been suspended or discontinued, and the Agent shall be entitled to rely upon such written instructions or written notification.
Suspension of Sale of Shares. Ivy Management shall not be required to issue any Shares of the Trust where it has received a Written Instruction from the Trust or written notice from any appropriate Federal or state authority that the sale of the Shares of the Trust has been suspended or discontinued, and Ivy Management shall be entitled to rely upon such Written Instructions or written notification.
Suspension of Sale of Shares. The Trust, at the discretion of the Board, shall have the right to suspend the sale of shares of any Fund at any time in response to conditions in the securities markets or otherwise, and to suspend the redemption of shares of any Fund at any time as permitted by the 1940 Act, the rules promulgated thereunder, or the Securities and Exchange Commission (the “SEC”) or its staff.
Suspension of Sale of Shares. The Transfer Agent shall not be required to issue any Shares of Fund where it has received a Written Instruction from the Fund or written notice from any appropriate Federal or state authority that the sale of the Shares of the Fund has been suspended or discontinued, and the Transfer Agent shall be entitled to rely upon such Written Instructions or written notification.
Suspension of Sale of Shares. The Transfer Agent or its agent shall not be required to issue any Shares of the Company where it has received a Written Instruction from the Company or official notice from any appropriate authority that the sale of the Shares of the Company has been suspended or discontinued. The existence of such Written Instructions or such official notice shall be conclusive evidence of the right of the Transfer Agent or its agent to rely on such Written Instructions or official notice.
Suspension of Sale of Shares. PFPC or its agent shall not be required to issue any Shares of the Fund where it has received a Written Instruction from the Fund or official notice from any appropriate authority that the sale of the Shares of the Fund has been suspended or discontinued. The existence of such Written Instructions or such official notice shall be conclusive evidence of the right of PFPC or its agent to rely on such Written Instructions or official notice.