VALUATION OF SHARES. The net asset value per Acquiring Fund Common Share shall be computed as of the Valuation Time, using the valuation procedures of the Nuveen closed-end funds adopted by the Acquiring Fund Board or such other valuation procedures as shall be mutually agreed upon by the parties. The value of the Acquiring Fund’s net assets shall be calculated net of the liquidation preference (including accumulated and unpaid dividends) of all outstanding Acquiring Fund preferred shares.
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (Nuveen Arizona Premium Income Municipal Fund Inc), Agreement and Plan of Reorganization (Nuveen Ohio Quality Income Municipal Fund Inc), Agreement and Plan of Reorganization (Nuveen Michigan Quality Income Municipal Fund Inc)
VALUATION OF SHARES. The net asset value per Acquiring Fund Common Share common share shall be the net asset value per share computed as of on the Valuation TimeDate, using the valuation procedures of the Nuveen closed-end funds adopted by set forth in the Acquiring Fund Board Fund’s Declaration of Trust and the Funds’ Proxy Statement/Prospectus to be used in connection with the Reorganization or such other valuation procedures as shall be mutually agreed upon by the parties. The value of the Acquiring Fund’s net assets shall be calculated net of the liquidation preference (including accumulated and unpaid dividends) of all outstanding Acquiring Fund preferred shares.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (DCA Total Return Fund)
VALUATION OF SHARES. The net asset value per Acquiring Fund Common Share shall will be computed as of the Valuation Time, using the valuation procedures of the Nuveen closed-end funds adopted by the Acquiring Fund Board or such other valuation procedures as shall may be mutually agreed upon by the parties. The value of parties (and approved by the Target Fund Board and the Acquiring Fund’s net assets shall be calculated net of the liquidation preference (including accumulated and unpaid dividends) of all outstanding Acquiring Fund preferred sharesBoard).
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Nuveen Real Asset Income & Growth Fund)
VALUATION OF SHARES. The net asset value per Acquiring Fund Common Share common share shall be the net asset value per share computed as of on the Valuation TimeDate, using the valuation procedures of the Nuveen closed-end funds adopted by set forth in the Acquiring Fund Board Fund’s Declaration of Trust and prospectus, each as it may be amended, and the Funds’ Proxy Statement/Prospectus to be used in connection with the Reorganization or such other valuation procedures as shall be mutually agreed upon by the parties. The value of the Acquiring Fund’s net assets shall be calculated net of the liquidation preference (including accumulated and unpaid dividends) of all outstanding Acquiring Fund preferred shares.
Appears in 1 contract
Samples: Form of Agreement and Plan of Reorganization (Westcore Trust)
