b) When, as a result of political, economic, monetary or any circumstances out of our control, the disposal of the assets of the unit fund are not reasonable or would not reasonably be practicable without being detrimental to the interests of
the remaining unit holders.
Examples of such circumstances are: When one or more stocks exchanges which provide a basis for valuation for a substantial portion of the assets of the fund are closed otherwise than for ordinary holidays When, as a result of political, economic, monetary or any circumstances out of our control, the disposal of the assets of the unit fund are not reasonable or would not reasonably be practicable without being detrimental to the interests of
the remaining unit holders.
Remaining unit holders should be pleased, right?
Not exact matches
«No judgment shall be rendered for any deficiency under a note secured by a first deed of trust or first mortgage for a dwelling of not more than four
units, in any case in which the trustor or mortgagor sells the dwelling for less than the
remaining amount of the indebtedness due at the time of sale with the written consent of the
holder of the first deed of trust or first mortgage.
Following compulsory acquisition of the
remaining EDT
units, EPN will become the
holder of 100 percent of the outstanding
units of EDT and it is expected that EDT will be removed from the official list of the Australian Stock Exchange shortly thereafter.