Failure to Deliver Securities. If the Target Portfolio is unable to make delivery pursuant to Section 3(B) hereof to the Custodian of any of the securities of the Target Portfolio for the reason that any such securities purchased by the Target Portfolio have not yet been delivered it by the Target Portfolio’s broker or brokers, then, in lieu of such delivery, the Target Portfolio shall deliver to the Custodian, with respect to said securities, executed copies of an agreement of assignment and due bills executed on behalf of such broker or brokers, together with such other documents as may be required by the Acquiring Portfolio or Custodian, including brokers’ confirmation slips.
Appears in 21 contracts
Samples: Agreement and Plan of Reorganization (Thrivent Series Fund Inc), Agreement and Plan of Reorganization (Thrivent Series Fund Inc), Agreement and Plan of Reorganization (Thrivent Series Fund Inc)
Failure to Deliver Securities. If the Target Portfolio Fund is unable to make delivery pursuant to Section 3(B) hereof to the Custodian of any of the securities of the Target Portfolio Fund for the reason that any such securities purchased by the Target Portfolio Fund have not yet been delivered it by the Target PortfolioFund’s broker or brokers, then, in lieu of such delivery, the Target Portfolio Fund shall deliver to the Custodian, with respect to said securities, executed copies of an agreement of assignment and due bills executed on behalf of such broker or brokers, together with such other documents as may be required by the Acquiring Portfolio Fund or Custodian, including brokers’ confirmation slips.
Appears in 12 contracts
Samples: Agreement and Plan of Reorganization (Thrivent Mutual Funds), Agreement and Plan of Reorganization (Thrivent Mutual Funds), Agreement and Plan of Reorganization (Thrivent Mutual Funds)
