OPERATION IN ORDINARY COURSE. Each Transferring Fund will operate its business in the ordinary course between the date hereof and the Closing Date, it being understood that such ordinary course of business will include distribution of customary dividends, distributions, and redemptions. Each Acquiring Fund will not commence operations until the Closing Date.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Advisers Investment Trust), Agreement and Plan of Reorganization (Advisers Investment Trust)
OPERATION IN ORDINARY COURSE. Each The Transferring Fund Funds will operate its their business in the ordinary course between the date hereof and the Closing Date, it being understood that such ordinary course of business will include shareholder purchases and the distribution of customary dividends, distributions, and redemptions. Each The Acquiring Fund will not commence operations operation until the Closing Date.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Dunham Funds), Agreement and Plan of Reorganization (Dunham Funds)
OPERATION IN ORDINARY COURSE. Each The Acquiring Fund and the Transferring Fund each will operate its business in the ordinary course between the date hereof and the Closing Date, it being understood that such ordinary course of business will include distribution of customary dividends, dividends and distributions, and redemptions. Each Acquiring Fund will not commence operations until the Closing Date.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Coventry Group)
OPERATION IN ORDINARY COURSE. Each The Transferring Fund will operate its business in the ordinary course between the date hereof and the Closing Date, it being understood that such ordinary course of business will include distribution of customary dividends, distributions, and redemptions. Each The Acquiring Fund will not commence operations operation until the Closing Date.
Appears in 1 contract
OPERATION IN ORDINARY COURSE. Each The Transferring Fund will operate its their business in the ordinary course between the date hereof and the Closing Date, it being understood that such ordinary course of business will include shareholder purchases and the distribution of customary dividends, distributions, and redemptions. Each The Acquiring Fund will not commence operations operation until the Closing Date.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Dunham Funds)
OPERATION IN ORDINARY COURSE. Each The Acquiring Fund and the Transferring Fund each will operate its business in the ordinary course between the date hereof and the Closing Date, it being understood that such ordinary course of business will include distribution of customary dividends, distributions, and redemptions. Each Acquiring Fund will not commence operations until the Closing Date.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Northern Lights Fund Trust)
OPERATION IN ORDINARY COURSE. Each The Transferring Fund will operate its business in the ordinary course between the date hereof and the Closing Date, it being understood that such ordinary course of business will include distribution of customary dividends, distributions, and redemptions. Each The Acquiring Fund will not commence operations operation until the Closing Date.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Northern Lights Fund Trust Ii)
