Declaration of Dividend. The Strategist Corporation will have declared a dividend with respect to the Acquired Fund which, together with all previous dividends, will have the effect of distributing to the Acquired Fund's shareholders all of the Acquired Fund's investment company taxable income for the taxable years ending on or prior to the Closing (computed without regard to deduction for dividends paid) and all of its net capital gain realized in taxable years ending on or prior to the Closing (after reduction for capital loss carry forward).
Appears in 17 contracts
Samples: Agreement and Plan of Reorganization (Ids Extra Income Fund Inc), Agreement and Plan of Reorganization (Ids Federal Income Fund Inc), Agreement and Plan of Reorganization (Axp Stock Fund Inc)
Declaration of Dividend. The Strategist Corporation will have declared a dividend with respect to the Acquired Fund which, together with all previous dividends, will have the effect of distributing to the Acquired Fund's shareholders all of the Acquired Fund's investment company taxable income for the taxable years ending on or prior to the Closing (computed without regard to deduction for dividends paid) and all of its net capital gain realized in taxable years ending on or prior to the Closing (after reduction for capital loss carry forward).
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Axp Market Advantage Series Inc), Agreement and Plan of Reorganization (Axp Market Advantage Series Inc)
