COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 5.1. The Acquiring Fund and the Acquired 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 the declaration and payment of customary dividends and distributions, and any other distribution that may be advisable.
Appears in 50 contracts
Samples: Agreement and Plan of Reorganization (Harbor Funds), Agreement and Plan of Reorganization (Harbor Funds), Munder Series Trust (Munder Series Trust)
COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 5.1. The Acquiring Fund and the Acquired 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 the declaration and payment of customary dividends and distributions, and any other distribution that may be advisable.
Appears in 7 contracts
Samples: Agreement and Plan of Reorganization (HIMCO Variable Insurance Trust), Agreement and Plan of Reorganization (HIMCO Variable Insurance Trust), Agreement and Plan of Reorganization (HIMCO Variable Insurance Trust)
COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 5.1. The Acquiring Fund and the Acquired 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 include, without limitation, purchases and sales of portfolio securities, sales and redemptions of Acquired Fund shares, and the declaration and payment of customary dividends and distributions, and any other distribution that may be advisable.
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (Lincoln Variable Insurance Products Trust), Agreement and Plan of Reorganization (Lincoln Variable Insurance Products Trust), Agreement and Plan of Reorganization (Lincoln Variable Insurance Products Trust)
COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 5.1. 5.1 The Acquiring Fund and the Acquired Fund will 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 the declaration and payment of customary dividends and distributions, and any other distribution distributions that may be advisable.
Appears in 3 contracts
Samples: Form of Agreement (Vanguard Valley Forge Funds), Agreement and Plan of Reorganization (Vanguard Bond Index Funds), Agreement and Plan of Reorganization (Vanguard Municipal Bond Funds)
COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 5.1. The Acquiring Fund and the Acquired 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 include, without limitation, purchases and sales of portfolio securities, sales and redemptions of Acquired Fund shares, and the declaration and payment of customary dividends and distributions, and any other distribution that may be advisable.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Mercer Funds), Agreement and Plan of Reorganization (Mercer Funds)
COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 5.15.1 OPERATION IN ORDINARY COURSE. The Acquiring Fund and the Acquired Fund will each will operate its respective business in the ordinary course between the date hereof of this Agreement and the Closing Date, it being understood that such ordinary course of business will include the declaration and payment of customary dividends and distributions, shareholder purchases and any other distribution that may be advisableredemptions.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Federated World Investment Series Inc), Agreement and Plan of Reorganization (Federated World Investment Series Inc)
COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 5.1. 5.1 The Acquiring Fund and the Acquired 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 the declaration and payment of customary dividends and distributions, and any other distribution that may be advisable.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Virtus Funds)
COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 5.11. The Acquiring Fund and the Acquired 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 the declaration and payment of customary dividends and distributions, and any other distribution that may be advisable.
Appears in 1 contract
Samples: Form of Agreement and Plan of Reorganization (TCW Galileo Funds Inc)
COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 5.19.1. The Acquiring Fund and the Acquired 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 the declaration and payment of customary dividends and distributions, and any other distribution that may be advisable.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Ing Funds Trust)
COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 5.1. The Acquiring Fund and the Acquired 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 the declaration and payment of customary dividends and other distributions, and any other distribution that may be advisable.
Appears in 1 contract
Samples: 4) Agreement and Plan of Reorganization (Daily Income Fund)
COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 5.1. 5.1 The Acquiring Fund and the Acquired Fund will 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 the declaration and payment of customary dividends and distributions, and any other distribution distributions that may be advisableadvisable by the Acquiring Fund or the Acquired Fund, as the case may be.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Vanguard Admiral Funds)
COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 5.1. The Acquiring Fund and the Acquired Fund each 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 include, without limitation, purchases and sales of portfolio securities, sales and redemptions of Acquired Fund shares, and the declaration and payment of customary dividends and distributions, and any other distribution that may be advisable.
Appears in 1 contract
Samples: Form of Agreement and Plan of Reorganization (Lincoln Variable Insurance Products Trust)
COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 5.1. The 5.1 Except as expressly contemplated herein to the contrary, the Acquiring Fund and the Acquired Fund each will shall 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 the declaration and payment of customary dividends and distributions, distributions and any other distribution that may be advisabledistributions necessary or desirable to avoid federal income or excise taxes.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Pioneer Tax Free Income Fund)
COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 5.1. The Acquiring Fund and the Acquired 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 the declaration and payment of customary dividends and other distributions, and any other distribution that may be advisablein each case payable either in cash or in additional shares.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization and Liquidation (Daily Income Fund)
