Common use of Acquiring Portfolio Shares: Authorization Clause in Contracts

Acquiring Portfolio Shares: Authorization. The Acquiring Portfolio Shares to be issued pursuant to Section 1 hereof have been duly authorized and, when issued in accordance with this Agreement, will be validly issued, fully paid and non-assessable, will not be subject to pre-emptive or dissenters’ rights and will conform in all material respects to the description thereof contained in the Acquiring Portfolio’s Prospectus furnished to the Target Portfolio.

Appears in 21 contracts

Samples: Agreement and Plan of Reorganization (Thrivent Series Fund Inc), Agreement and Plan of Reorganization (Thrivent Series Fund Inc), Agreement and Plan of Reorganization (Thrivent Series Fund Inc)

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