COVENANTS OF EACH OF THE PARTIES. 6.1. The Acquired Fund will operate its business in the ordinary course between the date hereof and the Closing Date. It is understood that such ordinary course of business will include the declaration and payment of customary dividends and distributions and any other dividends and distributions necessary or advisable (except to the extent distributions that are not customary may be limited by representations made in connection with the issuance of the tax opinion described in paragraph 9.5 hereof), in each case payable either in cash or in additional shares.
Appears in 4 contracts
Samples: Agreement and Plan of Reorganization (Pioneer Emerging Markets Fund), Form of Agreement and Plan of Reorganization (Pioneer Bond Fund /Ma/), Form of Agreement and Plan of Reorganization (Pioneer Bond Fund /Ma/)
COVENANTS OF EACH OF THE PARTIES. 6.1. 6.1 The Acquired Fund will operate its business in the ordinary course between the date hereof and the Closing Date. It is understood that such ordinary course of business will include the declaration and payment of customary dividends and distributions and any other dividends and distributions necessary or advisable (except to the extent distributions that are not customary may be limited by representations made in connection with the issuance of the tax opinion described in paragraph 9.5 hereof), in each case payable either in cash or in additional shares.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Pioneer Europe Select Equity Fund), Agreement and Plan of Reorganization (Pioneer Series Trust Ii)
