Declaration of Dividend. The Acquired Fund shall have declared a dividend or dividends which, together with all previous such dividends, shall have the effect of distributing to the Acquired Fund shareholders all of the investment company taxable income and realized capital gain for all taxable periods of the Acquired Fund which are required to be distributed to avoid federal income or excise tax applicable to regulated investment companies.
Appears in 5 contracts
Samples: Agreement and Plan of Reorganization (T. Rowe Price U.S. Large-Cap Core Fund, Inc.), Agreement and Plan of Reorganization (T. Rowe Price Total Return Fund, Inc.), Agreement and Plan of Reorganization (T. Rowe Price Tax-Exempt Money Fund, Inc.)
Declaration of Dividend. The Acquired Fund Funds shall have declared a dividend or dividends which, together with all previous such dividends, shall have the effect of distributing to the Acquired Fund shareholders all of the investment company taxable income and realized capital gain for all taxable periods of the Acquired Fund Funds which are required to be distributed to avoid federal income or excise tax applicable to regulated investment companies.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (T. Rowe Price Retirement Funds, Inc.)
