Common use of COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND Clause in Contracts

COVENANTS OF THE ACQUIRING FUND AND THE ACQUIRED FUND. 1. The Acquiring Fund and the Acquired Fund each will operate its business in the ordinary course between the date hereof and the Closing Date, it being understood that such ordinary course of business will include the declaration and payment of customary dividends and distributions, and any other distribution that may be advisable.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (Munder Series Trust), Agreement and Plan of Reorganization (Munder Series Trust), Agreement and Plan of Reorganization (Munder Funds Trust)

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