VALUATION OF SHARES. The net asset value per share of each class of Surviving Fund Shares shall be the net asset value per share of such class of Surviving Fund Shares computed at the closing on the Closing Date, using the valuation procedures set forth in the Surviving Fund Registrant’s Declaration of Trust and the Surviving Fund’s then current prospectus and statement of additional information, or such other valuation procedures as shall be mutually agreed upon by the parties (and approved by their respective Boards).
Appears in 4 contracts
Samples: Agreement and Plan of Reorganization (Federated Equity Funds), Agreement and Plan of Reorganization (Federated Equity Funds), Agreement and Plan of Reorganization (Federated Equity Funds)
VALUATION OF SHARES. The net asset value per share of each class of Surviving Fund Shares shall be the net asset value per share of such class of Surviving Fund Shares computed at the closing on the Closing Date, using the valuation procedures set forth in the Surviving Fund Caltrust Registrant’s Declaration of Trust and the Surviving Fund’s then current prospectus and statement of additional information, or such other valuation procedures as shall be mutually agreed upon by the parties (and approved by their respective Boards).
Appears in 4 contracts
Samples: Agreement and Plan of Reorganization (California Investment Trust), Agreement and Plan Of (California Investment Trust), Agreement and Plan Of (California Investment Trust)
VALUATION OF SHARES. The net asset value per share of each class of Surviving Fund Shares shall be the net asset value per share of such class of Surviving Fund Shares computed at the closing on the Closing Date, using the valuation procedures set forth in the Surviving Fund Registrant’s [Articles of Incorporation/Declaration of Trust Trust] and the Surviving Fund’s then current prospectus and statement of additional information, or such other valuation procedures as shall be mutually agreed upon by the parties (and approved by their respective Boards).
Appears in 4 contracts
Samples: Agreement and Plan of Reorganization (Federated Institutional Trust), Agreement and Plan of Reorganization (Federated Total Return Series Inc), Agreement and Plan of Reorganization (Federated Total Return Government Bond Fund)
VALUATION OF SHARES. The net asset value per share of each class of Surviving Fund Shares shall be the net asset value per share of such class of Surviving Fund Shares computed at the closing on the Closing Date, using the valuation procedures set forth in the Surviving Fund Registrant’s 's Declaration of Trust and the Surviving Fund’s 's then current prospectus and statement of additional information, or such other valuation procedures as shall be mutually agreed upon by the parties (and approved by their respective Boards).. 2.3
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Federated Municipal Securities Income Trust)
VALUATION OF SHARES. The net asset value per share of each class of Surviving Fund Shares shall be the net asset value per share of such class of Surviving Fund Shares computed at the closing on the Closing Date, using the Amortized Cost Method as defined in Rule 2a-7(a)(2) in accordance with the valuation procedures set forth in established under such rule by the Board of the Surviving Fund Registrant’s Declaration of Trust and the Surviving Fund’s then current prospectus and statement of additional information, Registrant or such other valuation procedures as shall be mutually agreed upon by the parties (and approved by their respective Boards).
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Money Market Obligations Trust)
VALUATION OF SHARES. The net asset value per share of each class of Surviving Fund Shares shall be the net asset value per share of such class of Surviving Fund Shares computed at the closing on the Closing Date, using the Amortized Cost Method as defined in Rule 2a-7(a)(2) in accordance with the valuation procedures set forth in established under such rule by the Surviving Fund Registrant’s Declaration Board of Trust and the Surviving Fund’s then current prospectus and statement of additional information, Caltrust Registrant or such other valuation procedures as shall be mutually agreed upon by the parties (and approved by their respective Boards).
Appears in 1 contract
Samples: Agreement and Plan Of (California Investment Trust)
VALUATION OF SHARES. The net asset value per share of each class of Surviving Fund Shares shall be the net asset value per share of such class of Surviving Fund Shares computed at the closing on the Closing Date, using the valuation procedures set forth in the Surviving Fund RegistrantFund’s Declaration of Trust and the Surviving Fund’s then current prospectus and statement of additional information, or such other valuation procedures as shall be mutually agreed upon by the parties (and approved by their respective Boards).
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Federated U S Government Securities Fund 1-3 Years)
VALUATION OF SHARES. The net asset value per share of each class the Shares of the Surviving Fund Shares shall be the net asset value per share of such class of Surviving Fund Shares computed at the closing on the Closing Date, using the valuation procedures set forth in the Surviving Fund RegistrantFederated Trust’s Declaration of Trust and the Surviving Fund’s then current prospectus and statement of additional information, or such other valuation procedures as shall be mutually agreed upon by the parties (and approved by their respective Boards)parties.
Appears in 1 contract
Samples: Agreement and Plan of Asset Transfer (Federated Equity Funds)
VALUATION OF SHARES. The net asset value per share of each class of Surviving Fund Shares shall be the net asset value per share of such class of Surviving Fund Shares computed at the closing of each applicable Reorganization on the Closing Date, using the valuation procedures set forth in the Surviving Fund Registrant’s Declaration of Trust and the Surviving Fund’s then 's then-current prospectus and statement of additional information, or such other valuation procedures as shall be mutually agreed upon by the parties (and approved by their respective Boards)parties.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Sentinel Group Funds Inc)
VALUATION OF SHARES. The net asset value per share of each class of Surviving Fund Shares shall be the net asset value per share of such class of Surviving Fund Shares computed at the closing on the Closing Date, using the Amortized Cost Method as defined in Rule 2a-7(a)(2) in accordance with the valuation procedures set forth in established under such rule by the Board of the Surviving Fund Registrant’s Declaration of Trust and the Surviving Fund’s then current prospectus and statement of additional information, Registrant or such other valuation procedures as shall be mutually agreed upon by the parties (and approved by their respective Boards).
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Money Market Obligations Trust)
VALUATION OF SHARES. The net asset value per share of each class of Surviving Fund Shares shall be the net asset value per share of such class of Surviving Fund Shares computed at the closing on the Closing Date, using the Amortized Cost Method as defined in Rule 2a-7(a)(2) in accordance with the valuation procedures set forth in established under such rule by the Board of Directors of the Surviving Fund Registrant’s Declaration of Trust and the Surviving Fund’s then current prospectus and statement of additional information, or such other valuation procedures as shall be mutually agreed upon by the parties (and approved by their respective BoardsBoards of Directors).
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Cash Trust Series Inc)
VALUATION OF SHARES. The net asset value per share of each class of Surviving Fund Shares shall be the net asset value per share of such class of Surviving Fund Shares computed at the closing on the Closing Date, using the valuation procedures set forth in the Surviving Fund Registrant’s Declaration Articles of Trust Incorporation and the Surviving Fund’s then current prospectus and statement of additional information, or such other valuation procedures as shall be mutually agreed upon by the parties (and approved by their respective Boards).
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Federated Total Return Series Inc)
