Delivery and Transfer. (a) Assets held by an Acquired Fund that are not already held by the Custodian shall be delivered by JHVST to the Custodian on the Closing Date. No later than three (3) business days preceding the Closing Date, JHVST shall instruct the Custodian to transfer these and all other Acquired Fund assets to the account of the corresponding Acquiring Fund as of the Effective Time. The assets so delivered shall be duly endorsed or in other proper form for transfer in such condition as to constitute a good delivery thereof, and shall be accompanied by all necessary state stock transfer stamps, if any, or a check for the appropriate purchase price thereof. An Acquired Fund's cash that is not already held by the Custodian shall be delivered to the Custodian for the account of the Acquiring Fund on the Closing Date and shall be in the form of currency or wire transfer in Federal funds, payable to the order of the account of the Acquiring Fund at the Custodian.
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Samples: Agreement and Plan of Reorganization (Hancock John Variable Series Trust I), Agreement and Plan of Reorganization (Hancock John Variable Series Trust I)
Delivery and Transfer. (a) Assets held by an Acquired Fund that are not already held by the Custodian shall be delivered by JHVST to the Custodian on the Closing Date. No later than three (3) business days preceding the Closing Date, JHVST shall instruct the Custodian to transfer these and all other Acquired Fund assets to the account of the corresponding Acquiring Fund as of the Effective Time. The assets so delivered shall be duly endorsed or in other proper form for transfer in such condition as to constitute a good delivery thereof, and shall be accompanied by all necessary state stock transfer stamps, if any, or a check for the appropriate purchase price thereof. An The Acquired Fund's cash that is not already held by the Custodian shall be delivered to the Custodian for the account of the Acquiring Fund on the Closing Date and shall be in the form of [currency or wire transfer in Federal funds], payable to the order of the account of the Acquiring Fund at the Custodian.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Hancock John Variable Series Trust I)
Delivery and Transfer. (a) Assets held by an the Acquired Fund that are not already held by the Custodian shall be delivered by JHVST to the Custodian on the Closing Date. No later than three (3) business days preceding the Closing Date, JHVST shall instruct the Custodian to transfer these and all other Acquired Fund assets to the account of the corresponding Acquiring Fund as of the Effective Time. The assets so delivered shall be duly endorsed or in other proper form for transfer in such condition as to constitute a good delivery thereof, and shall be accompanied by all necessary state stock transfer stamps, if any, or a check for the appropriate purchase price thereof. An The Acquired Fund's cash that is not already held by the Custodian shall be delivered to the Custodian for the account of the Acquiring Fund on the Closing Date and shall be in the form of currency or wire transfer in Federal funds, payable to the order of the account of the Acquiring Fund at the Custodian.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Hancock John Variable Series Trust I)
Delivery and Transfer. (a) Assets held by an the Acquired Fund that are not already held by the Custodian shall be delivered by JHVST to the Custodian on the Closing Date. No later than three (3) business days preceding the Closing Date, JHVST shall instruct the Custodian to transfer these and all other Acquired Fund assets to the account of the corresponding Acquiring Fund as of the Effective Time. The assets so delivered shall be duly endorsed or in other proper form for transfer in such condition as to constitute a good delivery thereof, and shall be accompanied by all necessary state stock transfer stamps, if any, or a check for the appropriate purchase price thereof. An The Acquired Fund's cash that is not already held by the Custodian shall be delivered to the Custodian for the account of the Acquiring Fund on the Closing Date and shall be in the form of [currency or wire transfer in Federal funds], payable to the order of the account of the Acquiring Fund at the Custodian.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Hancock John Variable Series Trust I)