EFFECT OF SUSPENSION IN TRADING. In the event that on the Closing Date (a) the NYSE or another primary trading market for portfolio securities of the Acquiring Fund or the Acquired Fund shall be closed to trading or trading thereupon shall be restricted, or (b) trading or the reporting of trading on the NYSE or elsewhere shall be disrupted so that accurate appraisal of the value of the net assets of the Acquired Fund or the Acquiring Fund is impracticable, the Closing Date shall be postponed until the first business day after the day when trading shall have been fully resumed and reporting shall have been restored or such other date to which PIF and WM I may agree.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Principal Investors Fund Inc), Agreement and Plan of Reorganization (Wm Trust I)
EFFECT OF SUSPENSION IN TRADING. In the event that on the Closing Date (a) the NYSE or another primary trading market for portfolio securities of the Acquiring Fund or the Acquired Fund shall be closed to trading or trading thereupon shall be restricted, or (b) trading or the reporting of trading on the NYSE or elsewhere shall be disrupted so that accurate appraisal of the value of the net assets of the Acquired Fund or the Acquiring Fund is impracticable, the Closing Date shall be postponed until the first business day after the day when trading shall have been fully resumed and reporting shall have been restored or such other date to which PIF and WM I II may agree.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Principal Investors Fund Inc)
EFFECT OF SUSPENSION IN TRADING. In the event that on the Closing Date (a) the NYSE or another primary trading market for portfolio securities of the Acquiring Fund or the Acquired Fund shall be closed to trading or trading thereupon shall be restricted, or (b) trading or the reporting of trading on the NYSE or elsewhere shall be disrupted so that accurate appraisal of the value of the net assets of the Acquired Fund or the Acquiring Fund is impracticable, the Closing Date shall be postponed until the first business day after the day when trading shall have been fully resumed and reporting shall have been restored or such other date to which PIF and WM I SAM may agree.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Principal Investors Fund Inc)
EFFECT OF SUSPENSION IN TRADING. In the event that on the Closing Date (a) the NYSE or another primary trading market for portfolio securities of the Acquiring Fund or the Acquired Fund shall be closed to trading or trading thereupon shall be restricted, or (b) trading or the reporting of trading on the NYSE or elsewhere shall be disrupted so that accurate appraisal of the value of the net assets of the Acquired Fund or the Acquiring Fund is impracticable, the Closing Date shall be postponed until the first business day after the day when trading shall have been fully resumed and reporting shall have been restored or such other date to which PIF and WM I XXX may agree.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Wm Strategic Asset Management Portfolios)
EFFECT OF SUSPENSION IN TRADING. In the event that on the Closing Date (a) the NYSE or another primary trading market for portfolio securities of the Acquiring Fund or the Acquired Fund shall be closed to trading or trading thereupon shall be restricted, or (b) trading or the reporting of trading on the NYSE or elsewhere shall be disrupted so that accurate appraisal of the value of the net assets of the Acquired Fund or the Acquiring Fund is impracticable, the Closing Date shall be postponed until the first business day after the day when trading shall have been fully resumed and reporting shall have been restored or such other date to which PIF and WM I II may agreeaxxxx.
Appears in 1 contract
