SHARES TO BE ISSUED. The number of full and fractional Acquiring Fund Shares to be issued in exchange for the Selling Fund’s assets shall be determined by multiplying the outstanding shares of the Selling Fund by the ratio computed by dividing the net asset value per share of the Selling Fund by the net asset value per share of the Acquiring Fund on the Valuation Date, determined in accordance with in paragraph 2.2.
Appears in 4 contracts
Samples: Form of Agreement and Plan of Reorganization (Huntington Funds), Form of Agreement and Plan of Reorganization (Huntington Funds), Form of Agreement and Plan of Reorganization (Huntington Funds)
SHARES TO BE ISSUED. The number of full and fractional the Acquiring Fund Shares Fund's shares to be issued (including fractional shares, if any) in exchange for the Selling Acquired Fund’s assets 's assets, shall be determined by (a) multiplying the shares outstanding shares of the Selling Acquired Fund by (b) the ratio computed by (x) dividing the net asset value per share of the Selling Acquired Fund by (y) the net asset value per share of the Acquiring Fund on the Valuation Date, determined in accordance with in paragraph 2.2.. 2.4
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (Federated Income Securities Trust), Agreement and Plan of Reorganization (Federated Income Securities Trust), Agreement and Plan of Reorganization (Federated Income Securities Trust)
SHARES TO BE ISSUED. The number of full and fractional Acquiring Fund Shares to be issued in exchange for the Selling Fund’s 's assets shall be determined by multiplying the outstanding shares of the Selling Fund by the ratio computed by dividing the net asset value per share of the Selling Fund by the net asset value per share of the Acquiring Fund on the Valuation Date, determined in accordance with in paragraph 2.2.
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (Touchstone Variable Series Trust), Agreement and Plan of Reorganization (Markman Multifund Trust), Agreement and Plan of Reorganization (Touchstone Variable Series Trust)
SHARES TO BE ISSUED. The number of full and fractional Acquiring Fund Shares to be issued in exchange for the Selling Fund’s assets shall be determined by multiplying the outstanding shares of the Selling Fund by the ratio computed by dividing the net asset value per share of the Selling Fund by the net asset value per share of the Acquiring Fund on the Valuation Date, determined in accordance with in paragraph 2.2.
Appears in 3 contracts
Samples: Form of Agreement and Plan of Reorganization (Huntington Funds), Form of Agreement and Plan of Reorganization (Huntington Funds), Form of Agreement and Plan of Reorganization (Huntington Funds)
SHARES TO BE ISSUED. The number of full and fractional Acquiring Fund Shares to be issued (including fractional shares, if any) in exchange for the Selling Fund’s 's net assets shall be determined by multiplying the outstanding shares of dividing the Selling Fund Fund's net assets determined in accordance with Section 2.1, by the ratio computed by dividing the Acquiring Fund's net asset value per share of the Selling Fund by the net asset value per share of the Acquiring Fund on the Valuation Date, determined in accordance with in paragraph Section 2.2.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Berger Growth Fund Inc), Agreement and Plan of Reorganization (Berger Investment Portfolio Trust)
SHARES TO BE ISSUED. The number of full and fractional Acquiring Fund Shares to be issued in exchange for the Selling Acquired Fund’s assets shall be determined by multiplying the outstanding shares of the Selling Acquired Fund by the ratio computed by dividing the net asset value per share of the Selling Acquired Fund by the net asset value per share of the Acquiring Fund on the Valuation Date, determined in accordance with in paragraph 2.2. Shares of the Acquiring Fund will be issued for shares of the Acquired Fund.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Schwartz Investment Trust), Agreement and Plan of Reorganization (Cutler Trust)
SHARES TO BE ISSUED. The number of full and fractional Acquiring Fund Shares to be issued (including fractional shares, if any) in exchange for the Selling Acquired Fund’s 's assets shall be determined by (a) multiplying the shares outstanding shares of the Selling Acquired Fund by (b) the ratio computed by (x) dividing the net asset value per share of the Selling Acquired Fund by (y) the net asset value per share of the Acquiring Fund on the Valuation Date, Shares determined in accordance with in paragraph 2.2.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Federated Municipal Securities Fund Inc), Agreement and Plan of Reorganization (Federated Municipal Securities Income Trust)
SHARES TO BE ISSUED. The number of full and fractional Acquiring Fund Shares to be issued (including fractional shares, if any) in exchange for the Selling Fund’s assets net assets, shall be determined by multiplying dividing the outstanding shares value of the Selling Fund by the ratio computed by dividing the Fund’s net asset value per share of the Selling Fund assets determined in accordance with Section 2.1 by the net asset value per share of the Acquiring Fund on the Valuation Date, Share determined in accordance with in paragraph Section 2.2.
Appears in 2 contracts
Samples: Form of Agreement and Plan of Reorganization (Westcore Trust), Agreement and Plan of Reorganization (DCA Total Return Fund)
SHARES TO BE ISSUED. The number of full and fractional the Acquiring Fund Shares Fund's shares to be issued (including fractional shares, if any) in exchange for the Selling Fund’s assets 's assets, shall be determined by (a) multiplying the shares outstanding shares of the Selling Fund by (b) the ratio computed by (x) dividing the net asset value per share of the Selling Fund by (y) the net asset value per share of the Acquiring Fund on the Valuation Date, determined in accordance with in paragraph 2.2.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Federated Equity Funds), Agreement and Plan of Reorganization (Money Market Obligations Trust /New/)
SHARES TO BE ISSUED. The number of full and fractional Acquiring Fund Shares to be issued (including fractional shares, if any) in exchange for the Selling Acquired Fund’s assets 's assets, shall be determined by (a) multiplying the shares outstanding shares of the Selling Acquired Fund by (b) the ratio computed by (x) dividing the net asset value per share of the Selling Acquired Fund by (y) the net asset value per share of the Acquiring Fund on the Valuation Date, Shares determined in accordance with in paragraph 2.2.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Federated Municipal Securities Income Trust), Agreement and Plan of Reorganization (Federated Municipal Securities Fund Inc)
SHARES TO BE ISSUED. The number of full and fractional Acquiring Fund Shares to be issued in exchange for the Selling Transferring Fund’s assets shall be determined by multiplying the outstanding shares of the Selling Transferring Fund by the ratio computed by dividing the net asset value per share of the Selling Transferring Fund by the net asset value per share of the Acquiring Fund on the Valuation Date, determined in accordance with in paragraph 2.2.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Coventry Group)
SHARES TO BE ISSUED. The number of full and fractional Acquiring Fund Shares to be issued in exchange for the Selling Fund’s 's assets shall be determined by multiplying equal to the outstanding shares value of all the assets, less the amount of liabilities, of the Selling Fund by Fund, using the ratio computed by dividing the net asset value per share of the Selling Fund valuation procedures referred to in paragraph 2.1, divided by the net asset value per share of the an Acquiring Fund on the Valuation Date, determined in accordance with in paragraph 2.2Share.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Janus Adviser Series)
SHARES TO BE ISSUED. The number of full and fractional Acquiring Fund Shares to be issued (including fractional shares, if any) in exchange for the corresponding Selling Fund’s assets 's net assets, shall be determined by multiplying the outstanding shares of dividing the Selling Fund Fund's net assets determined in accordance with Section 2.1, by the ratio computed by dividing the Acquiring Fund's net asset value per share of the Selling Fund by the net asset value per share of the Acquiring Fund on the Valuation Date, determined in accordance with in paragraph Section 2.2.
Appears in 1 contract
Samples: 4 Agreement and Plan of Reorganization (Alleghany Funds)
SHARES TO BE ISSUED. The number of full and fractional Acquiring Fund Shares to be issued in exchange for the Selling Fund’s 's assets shall be determined by multiplying the outstanding shares of the Selling Fund by the ratio computed by dividing the net asset value per share of the Selling Fund by the net asset value per share of the Acquiring Fund on the Valuation Date, determined in accordance with in paragraph 2.2. Institutional shares of the Acquiring Fund will be issued for shares of the Selling Fund.
Appears in 1 contract
Samples: Form of Agreement and Plan of Reorganization (Touchstone Funds Group Trust)
SHARES TO BE ISSUED. The number of full and fractional Acquiring Fund Shares to be issued (including fractional shares, if any) in exchange for the Selling Acquired Fund’s assets 's assets, shall be determined by multiplying the shares outstanding shares of the Selling Acquired Fund by the ratio computed by (x) dividing the net asset value per share of the Selling Acquired Fund by (y) the net asset value per share of the Acquiring Fund on the Valuation Date, Shares determined in accordance with in paragraph 2.2.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Federated Income Securities Trust)
SHARES TO BE ISSUED. The number of full and fractional Acquiring Fund Shares to be issued in exchange for the Selling Acquired Fund’s assets shall be determined by multiplying the outstanding shares of the Selling Fund by the ratio computed by dividing the net asset value per share of the Selling Acquired Fund by the net asset value per share of the Acquiring Fund on the Valuation Date, determined in accordance with in paragraph 2.2. Shareholders of record of the Acquired Fund at the Closing Date shall be credited with full and fractional shares of the Acquiring Fund.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Touchstone Variable Series Trust)
