EFFECT OF SUSPENSION IN TRADING. The Valuation Date and Closing Date (as defined in Section 3.1) shall be postponed, if on the Valuation Date, either: (a) the NYSE or another primary exchange on which the portfolio securities of the Acquiring Fund or the Acquired Fund are purchased or sold, shall be closed to trading or trading on such exchange 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 Acquiring Fund or the Acquired Fund is impracticable, as mutually agreed to by the parties. The postponement shall continue until the first business day after the day when trading is fully resumed and reporting is restored.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Financial Investors Trust), Agreement and Plan of Reorganization (Financial Investors Trust)
EFFECT OF SUSPENSION IN TRADING. The Valuation Date and Closing Date (as defined in Section 3.13.1 of this Agreement) shall be postponed, if on the Valuation Date, either: :
(a) the NYSE or another primary exchange on which the portfolio securities of the Acquiring Fund or the Acquired Selling Fund are purchased or sold, shall be closed to trading or trading on such exchange shall be restricted; or 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 Acquiring Fund or the Acquired Selling Fund is impracticable, impracticable as mutually agreed to upon by the parties. The postponement shall continue until the first business day after the day when trading is fully resumed and reporting is restored.
Appears in 1 contract
EFFECT OF SUSPENSION IN TRADING. The Valuation Date and Closing Date (as defined in Section 3.13.1 of this Reorganization Agreement) shall be postponed, if on the Valuation Date, either: :
(a) the NYSE or another primary exchange on which the portfolio securities of the Acquiring Fund or the Acquired Selling Fund are purchased or sold, shall be closed to trading or trading on such exchange shall be restricted; or 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 Acquiring Fund or the Acquired Selling Fund is impracticable, impracticable as mutually agreed to upon by the parties. The postponement shall continue until the first business day after the day when trading is fully resumed and reporting is restored.
Appears in 1 contract
Samples: Reorganization Agreement (Segall Bryant & Hamill Trust)
EFFECT OF SUSPENSION IN TRADING. The Valuation Date and Closing Date (as defined in Section 3.1) shall be postponed, if on the Valuation Date, either: :
(a) the NYSE or another primary exchange on which the portfolio securities of the Acquiring Fund or the Acquired Target Fund are purchased or sold, shall be closed to trading or trading on such exchange shall be restricted; or 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 Acquiring Fund or the Acquired Target Fund is impracticable, impracticable as mutually agreed to upon by the parties. The postponement shall continue until the first business day after the day when trading is fully resumed and reporting is restored.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization and Termination (NEOS ETF Trust)
EFFECT OF SUSPENSION IN TRADING. The Valuation Date and Closing Date (as defined in Section 3.1) shall be postponed, if on the Valuation Date, either: (a) the NYSE or another primary exchange on which the portfolio securities of the Acquiring Fund or the Acquired Fund are purchased or soldsolsd, shall be closed to trading or trading on such exchange 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 Acquiring Fund or the Acquired Fund is impracticable, as mutually agreed to by the parties. The postponement shall continue until the first business day after the day when trading is fully resumed and reporting is restored.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Financial Investors Trust)
