COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 5.1 Except as expressly contemplated herein to the contrary, the Trust II, on behalf of the Acquired Fund, and the Trust, on behalf of the Acquiring Fund, will operate their respective businesses in the ordinary course between the date hereof and the Closing Date, it being understood that such ordinary course of business will include customary dividends and distributions and any other distributions necessary or desirable to avoid federal income or excise taxes.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (John Hancock Investment Trust Ii)
COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 5.1 Except as expressly contemplated herein to the contrary, the Trust II, II on behalf of the Acquired Fund, Fund and the Trust, Trust on behalf of the Acquiring Fund, will operate their respective businesses in the ordinary course between the date hereof and the Closing Date, it being understood that such ordinary course of business will include customary dividends and distributions and any other distributions necessary or desirable to avoid federal income or excise taxes.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Hancock John Capital Series)
COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 5.1 Except as expressly contemplated herein to the contrary, the Trust II, on behalf of the Acquired Fund, Fund and the Trust, Trust on behalf of the Acquiring Fund, will operate their respective businesses in the ordinary course between the date hereof and the Closing Date, it being understood that such ordinary course of business will include customary dividends and distributions and any other distributions necessary or desirable to avoid federal income or excise taxes.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Kobren Insight Funds)
COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 5.1 Except as expressly contemplated herein to the contrary, the Trust II, on behalf of the Acquired Fund, Fund and the Trust, Trust on behalf of the Acquiring Fund, will operate their respective businesses in the ordinary course between the date hereof and the Closing Date, it being understood that such ordinary course of business will include customary dividends and distributions and any other distributions necessary or desirable to avoid federal income or excise taxes.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Hancock John Series Trust)
COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 5.1 Except as expressly contemplated herein to the contrary, the Trust II, on behalf of the Acquired Fund, Fund and the Trust, Trust II on behalf of the Acquiring Fund, will operate their respective businesses in the ordinary course between the date hereof and the Closing Date, it being understood that such ordinary course of business will include customary dividends and distributions and any other distributions necessary or desirable to avoid federal income or excise taxes.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Hancock John Strategic Series)
COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 5.1 Except as expressly contemplated herein to the contrary, the Trust IITrust, on behalf of the Acquired Fund, and the Trust, on behalf of the Acquiring Fund, will operate their respective businesses in the ordinary course between the date hereof and the Closing Date, it being understood that such ordinary course of business will include customary dividends and distributions and any other distributions necessary or desirable to avoid federal income or excise taxes.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Hancock John World Fund)
