Global Value Equity Fund. Global Value Equity Xxxxxxxxx, a series of The a series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. Government Fund, a series Van Kampen Life Invxxxxxxx Xxust Government of AIM Variable Xxxxxxxxx Funds Portfolio, a series of Van Kampen Life Investment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. Growth and Income Fund, a Van Kampen Life Invxxxxxxx Xxust Growth and series of AIM Vaxxxxxx Xxxurance Funds Income Portfolio, a series of Van Kampen Life Xxvestment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. High Yield Fund, a series High Yield Portfolix, x xxxxxs of The Universal of AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. International Growth International Growtx Xxxxxx Xortfolio, a series Equity Fund, a series of AIM Variable Insurance of The Universal Institutional Funds, Inc. Funds Series II Class II Invesco Van Kampen V.I. Mid Cap Growth Fund, a Van Kampen Life Invxxxxxxx Xxust Mid Cap Growth series of AIX Xxxxxxxx Insurance Funds Portfolio, a series of Van Kampen Life Investment Trust Series II Class II Invesco Van Kampen V.I. Mid Cap Value Fund, a U.S. Mid Cap Value Xxxxxxxxx, a series of The series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Series II Class II Invesco Van Kampen V.I. Value Fund, a series of Value Portfolio, a xxxxxx xx The Universal AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I EXHIBIT B ORGANIZATIONAL FORM AND JURISDICTIONS OF EACH TARGET ENTITY TARGET ENTITY JURISDICTION WHERE ORGANIZED FORM OF ORGANIZATION ------------- ---------------------------- -------------------- Morgan Stanley Balanced Fund Massachusetts Xxxxxxss trust Morgan Stanley California Tax-Free Massachusetts Xxxxxxss trust Income Fund Morgan Stanley Convertible Securities Massachusetts Xxxxxxss trust Trust Morgan Stanley Dividend Growth Maryland Xxxxxxation Securities Inc. Morgan Stanley Equally-Weighted S&P Massachusetts Xxxxxxss trust 500 Fund Morgan Stanley Fundamental Value Fund Massachusetts Xxxxxxss trust Morgan Stanley FX Series Funds Massachusetts Xxxxxxss trust Morgan Stanley Global Advantage Fund Massachusetts Xxxxxxss trust Morgan Stanley Global Dividend Growth Massachusetts Xxxxxxss trust Securities Morgan Stanley Health Sciences Trust Massachusetts Xxxxxxss trust Morgan Stanley High Yield Securities Maryland Xxxxxxation Inc. Morgan Stanley Institutional Fund, Maryland Xxxxxxation Inc. Morgan Stanley Institutional Fund Pennsylvania Xxxxxxss trust Trust Morgan Stanley Mid-Cap Value Fund Massachusetts Xxxxxxss trust Morgan Stanley New York Tax-Free Massachusetts Xxxxxxss trust Income Fund Morgan Stanley Pacific Growth Fund Maryland Xxxxxxation Inc. Morgan Stanley S&P 500 Index Fund Massachusetts Xxxxxxss trust Morgan Stanley Select Dimensions Massachusetts Xxxxxxss trust Investment Series Morgan Stanley Series Funds Massachusetts Xxxxxxss trust Morgan Stanley Small-Mid Special Massachusetts Xxxxxxss trust Value Fund Morgan Stanley Special Value Fund Massachusetts Xxxxxxss trust Morgan Stanley Tax-Exempt Securities Massachusetts Xxxxxxss trust Trust Morgan Stanley Technology Fund Massachusetts Xxxxxxss trust Morgan Stanley Value Fund Massachusetts Xxxxxxss trust Morgan Stanley Variable Investment Massachusetts Xxxxxxss trust Series The Universal Institutional Funds, Maryland Corporation Inc. Van Kampen Capital Growth Fund Delaware Xxatutory trust Van Kampen Comstock Fund Delaware Xxaxxxxxx xrust Van Kampen Corporate Bond Fund Delaware Xxatutory trust Van Kampen Enterprise Fund Delaware Xxatutory trust Van Kampen Equity and Income Fund Delaware Xxatutory trust Van Kampen Equity Trust Delaware Xxatutory trust Van Kampen Equity Trust II Delaware Xxatutory trust Van Kampen Government Securities Fund Delaware Xxatutory trust Van Kampen Growth and Income Fund Delaware Xxatutory trust Van Kampen Harbor Fund Delaware Xxatutory trust Van Kampen High Yield Fund Delaware Xxatutory trust Van Kampen Life Investment Trust Delaware Xxatutory trust Van Kampen Limited Duration Fund Delaware Xxatutory trust Van Kampen Pennsylvania Tax Free Pennsylvania Xxmmon law trust Income Fund Van Kampen Real Estate Securities Fund Delaware Xxatutory trust Van Kampen Series Fund, Inc. Maryland Xxrporation Van Kampen Tax-Exempt Trust Delaware Xxatutory trust Van Kampen Tax Free Trust Delaware Xxatutory trust Van Kampen Trust Delaware Xxatutory trust Van Kampen Trust II Delaware Xxatutory trust Van Kampen U.S. Government Trust Delaware Xxatutory trust SCHEDULE 1.2(C) EXCLUDED LIABILITIES None SCHEDULE 8.6 TAX OPINIONS With respect to each Reorganization: (i) The acquisition by the Acquiring Fund of all of the assets of the Target Fund, as provided for in the Agreement, in exchange for Acquiring Fund shares and the assumption by the Acquiring Fund of all of the liabilities of the Target Fund, followed by the distribution by the Target Fund to its shareholders of the Acquiring Fund shares in complete liquidation of the Target Fund, will qualify as a reorganization within the meaning of Section 368(a)(1) of the Code, and the Target Fund and the Acquiring Fund each will be a "party to the reorganization" within the meaning of Section 368(b) of the Code. (ii) No gain or loss will be recognized by the Target Fund upon the transfer of all of its assets to, and assumption of its liabilities by, the Acquiring Fund in exchange solely for Acquiring Fund shares pursuant to Section 361(a) and Section 357(a) of the Code. (iii) No gain or loss will be recognized by the Acquiring Fund upon the receipt by it of all of the assets of the Target Fund in exchange solely for the assumption of the liabilities of the Target Fund and issuance of the Acquiring Fund shares pursuant to Section 1032(a) of the Code. (iv) No gain or loss will be recognized by the Target Fund upon the distribution of the Acquiring Fund shares by the Target Fund to its shareholders in complete liquidation (in pursuance of the Agreement) pursuant to Section 361(c)(1) of the Code.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Aim Counselor Series Trust (Invesco Counselor Series Trust))
Global Value Equity Fund. Global Value Equity XxxxxxxxxPortfolio, a series of The a series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Invesco Van Kampen Xxx Xxxxxx V.I. Government Fund, a series Van Kampen Xxx Xxxxxx Life Invxxxxxxx Xxust Investment Trust Government of AIM Variable Xxxxxxxxx Insurance Funds Portfolio, a series of Van Kampen Xxx Xxxxxx Life Investment Trust Series I Class I Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Growth and Income Fund, a Van Kampen Xxx Xxxxxx Life Invxxxxxxx Xxust Investment Trust Growth and series of AIM Vaxxxxxx Xxxurance Variable Insurance Funds Income Portfolio, a series of Van Kampen Xxx Xxxxxx Life Xxvestment Investment Trust Series I Class I Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. High Yield Fund, a series High Yield PortfolixPortfolio, x xxxxxs a series of The Universal of AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Van Kampen Xxx Xxxxxx V.I. International Growth International Growtx Xxxxxx XortfolioGrowth Equity Portfolio, a series Equity Fund, a series of AIM Variable Insurance of The Universal Institutional Funds, Inc. Funds Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Mid Cap Growth Fund, a Van Kampen Xxx Xxxxxx Life Invxxxxxxx Xxust Investment Trust Mid Cap Growth series of AIX Xxxxxxxx AIM Variable Insurance Funds Portfolio, a series of Van Kampen Xxx Xxxxxx Life Investment Trust Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Mid Cap Value Fund, a U.S. Mid Cap Value XxxxxxxxxPortfolio, a series of The series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Value Fund, a series of Value Portfolio, a xxxxxx xx series of The Universal AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I EXHIBIT B ORGANIZATIONAL FORM AND JURISDICTIONS OF EACH TARGET ENTITY TARGET ENTITY JURISDICTION WHERE ORGANIZED FORM OF ORGANIZATION ------------- --------------------------------------- ---------------------------- -------------------- Morgan Stanley Xxxxxx Xxxxxxx Balanced Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx California Tax-Free Massachusetts Xxxxxxss Business trust Income Fund Morgan Stanley Xxxxxx Xxxxxxx Convertible Securities Massachusetts Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Dividend Growth Maryland Xxxxxxation Corporation Securities Inc. Morgan Stanley Xxxxxx Xxxxxxx Equally-Weighted S&P Massachusetts Xxxxxxss Business trust 500 Fund Morgan Stanley Xxxxxx Xxxxxxx Fundamental Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx FX Series Funds Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Global Advantage Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Global Dividend Growth Massachusetts Xxxxxxss Business trust Securities Morgan Stanley Xxxxxx Xxxxxxx Health Sciences Trust Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx High Yield Securities Maryland Xxxxxxation Corporation Inc. Morgan Stanley Xxxxxx Xxxxxxx Institutional Fund, Inc. Maryland Xxxxxxation Inc. Morgan Stanley Corporation Xxxxxx Xxxxxxx Institutional Fund Trust Pennsylvania Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Mid-Cap Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx New York Tax-Free Massachusetts Xxxxxxss Business trust Income Fund Morgan Stanley Xxxxxx Xxxxxxx Pacific Growth Fund Inc. Maryland Xxxxxxation Inc. Morgan Stanley Corporation Xxxxxx Xxxxxxx S&P 500 Index Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Select Dimensions Massachusetts Xxxxxxss Business trust Investment Series Morgan Stanley Xxxxxx Xxxxxxx Series Funds Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Small-Mid Special Value Massachusetts Xxxxxxss Business trust Value Fund Morgan Stanley Xxxxxx Xxxxxxx Special Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Tax-Exempt Securities Massachusetts Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Technology Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Variable Investment Massachusetts Xxxxxxss Business trust Series The Universal Institutional Funds, Inc. Maryland Corporation Inc. Van Kampen Xxx Xxxxxx Capital Growth Fund Delaware Xxatutory Statutory trust Van Kampen Comstock Xxx Xxxxxx Xxxxxxxx Fund Delaware Xxaxxxxxx xrust Van Kampen Statutory trust Xxx Xxxxxx Corporate Bond Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Enterprise Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity and Income Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity Trust II Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Government Securities Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Growth and Income Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Harbor Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx High Yield Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Life Investment Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Limited Duration Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Pennsylvania Tax Free Pennsylvania Xxmmon Common law trust Income Fund Van Kampen Xxx Xxxxxx Real Estate Securities Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Series Fund, Inc. Maryland Xxrporation Van Kampen Corporation Xxx Xxxxxx Tax-Exempt Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Tax Free Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Trust II Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx U.S. Government Trust Delaware Xxatutory Statutory trust SCHEDULE 1.2(C) EXCLUDED LIABILITIES None SCHEDULE 8.6 TAX OPINIONS With respect to each Reorganization:
(i) The acquisition by the Acquiring Fund of all of the assets of the Target Fund, as provided for in the Agreement, in exchange for Acquiring Fund shares and the assumption by the Acquiring Fund of all of the liabilities of the Target Fund, followed by the distribution by the Target Fund to its shareholders of the Acquiring Fund shares in complete liquidation of the Target Fund, will qualify as a reorganization within the meaning of Section 368(a)(1) of the Code, and the Target Fund and the Acquiring Fund each will be a "party to the reorganization" within the meaning of Section 368(b) of the Code.
(ii) No gain or loss will be recognized by the Target Fund upon the transfer of all of its assets to, and assumption of its liabilities by, the Acquiring Fund in exchange solely for Acquiring Fund shares pursuant to Section 361(a) and Section 357(a) of the Code.
(iii) No gain or loss will be recognized by the Acquiring Fund upon the receipt by it of all of the assets of the Target Fund in exchange solely for the assumption of the liabilities of the Target Fund and issuance of the Acquiring Fund shares pursuant to Section 1032(a) of the Code.
(iv) No gain or loss will be recognized by the Target Fund upon the distribution of the Acquiring Fund shares by the Target Fund to its shareholders in complete liquidation (in pursuance of the Agreement) pursuant to Section 361(c)(1) of the Code.
(v) The tax basis of the assets of the Target Fund received by the Acquiring Fund will be the same as the tax basis of such assets in the hands of the Target Fund immediately prior to the transfer pursuant to Section 362(b) of the Code.
(vi) The holding periods of the assets of the Target Fund in the hands of the Acquiring Fund will include the periods during which such assets were held by the Target Fund pursuant to Section 1223(2) of the Code.
(vii) No gain or loss will be recognized by the shareholders of the Target Fund upon the exchange of all of their Target Fund shares for the Acquiring Fund shares pursuant to Section 354(a) of the Code.
(viii) The aggregate tax basis of the Acquiring Fund shares to be received by each shareholder of the Target Fund will be the same as the aggregate tax basis of Target Fund Shares exchanged therefor pursuant to Section 358(a)(1) of the Code.
(ix) The holding period of Acquiring Fund shares received by a shareholder of the Target Fund will include the holding period of the Target Fund shares exchanged therefor, provided that the shareholder held Target Fund shares as a capital asset on the date of the exchange pursuant to Section 1223(1) of the Code.
Appears in 1 contract
Global Value Equity Fund. a series Global Value Equity XxxxxxxxxPortfolio, a series of The Universal of AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Xxx Xxxxxx V.I. Government Fund, a series of AIM Xxx Xxxxxx Life Investment Trust Government Portfolio, a Variable Insurance Funds series of Xxx Xxxxxx Life Investment Trust Series I Class I Series II Class II Invesco Xxx Xxxxxx V.I. Growth and Income Fund, a series Xxx Xxxxxx Life Investment Trust Growth and Income of AIM Variable Insurance Funds Portfolio, a series of Xxx Xxxxxx Life Investment Trust Series I Class I Series II Class II Invesco Xxx Xxxxxx V.I. High Yield Fund, a series of AIM High Yield Portfolio, a series of The Universal Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Xxx Xxxxxx V.I. International Growth Equity Fund, International Growth Equity Portfolio, a series of The a series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. Government Fund, a series Van Kampen Life Invxxxxxxx Xxust Government of AIM Variable Xxxxxxxxx Funds Portfolio, a series of Van Kampen Life Investment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. Growth and Income Fund, a Van Kampen Life Invxxxxxxx Xxust Growth and series of AIM Vaxxxxxx Xxxurance Funds Income Portfolio, a series of Van Kampen Life Xxvestment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. High Yield Fund, a series High Yield Portfolix, x xxxxxs of The Universal of AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. International Growth International Growtx Xxx Xxxxxx Xortfolio, a series Equity Fund, a series of AIM Variable Insurance of The Universal Institutional Funds, Inc. Funds Series II Class II Invesco Van Kampen V.I. Mid Cap Growth Fund, a Van Kampen series of Xxx Xxxxxx Life Invxxxxxxx Xxust Investment Trust Mid Cap Growth series of AIX Xxxxxxxx AIM Variable Insurance Funds Portfolio, a series of Van Kampen Xxx Xxxxxx Life Investment Trust Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Mid Cap Value Fund, a series of U.S. Mid Cap Value XxxxxxxxxPortfolio, a series of The series of Universal AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Value Fund, a series of AIM Value Portfolio, a xxxxxx xx series of The Universal AIM Institutional Variable Insurance Funds Institutional Funds, Inc. Series I Class I EXHIBIT B ORGANIZATIONAL FORM AND JURISDICTIONS OF EACH TARGET ENTITY JURISDICTION WHERE TARGET ENTITY JURISDICTION WHERE ORGANIZED FORM OF ORGANIZATION ------------- ---------------------------- ---------------------------------------------- ------------------ -------------------- Morgan Stanley Xxxxxx Xxxxxxx Balanced Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx California Tax-Free Massachusetts Xxxxxxss trust Income Fund Morgan Stanley Massachusetts Business trust Xxxxxx Xxxxxxx Convertible Securities Trust Massachusetts Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Dividend Growth Maryland Xxxxxxation Securities Inc. Morgan Stanley Maryland Corporation Xxxxxx Xxxxxxx Equally-Weighted S&P Massachusetts Xxxxxxss trust 500 Fund Morgan Stanley Massachusetts Business trust Xxxxxx Xxxxxxx Fundamental Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx FX Series Funds Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Global Advantage Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Global Dividend Growth Massachusetts Xxxxxxss Business trust Securities Morgan Stanley Xxxxxx Xxxxxxx Health Sciences Trust Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx High Yield Securities Inc. Maryland Xxxxxxation Inc. Morgan Stanley Corporation Xxxxxx Xxxxxxx Institutional Fund, Inc. Maryland Xxxxxxation Inc. Morgan Stanley Corporation Xxxxxx Xxxxxxx Institutional Fund Trust Pennsylvania Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Mid-Cap Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx New York Tax-Free Massachusetts Xxxxxxss trust Income Fund Morgan Stanley Massachusetts Business trust Xxxxxx Xxxxxxx Pacific Growth Fund Inc. Maryland Xxxxxxation Inc. Morgan Stanley Corporation Xxxxxx Xxxxxxx S&P 500 Index Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Select Dimensions Investment Massachusetts Xxxxxxss Business trust Investment Series Morgan Stanley Xxxxxx Xxxxxxx Series Funds Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Small-Mid Special Massachusetts Xxxxxxss trust Value Fund Morgan Stanley Massachusetts Business trust Xxxxxx Xxxxxxx Special Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Tax-Exempt Securities Trust Massachusetts Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Technology Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Variable Investment Series Massachusetts Xxxxxxss Business trust Series The Universal Institutional Funds, Inc. Maryland Corporation Inc. Van Kampen Xxx Xxxxxx Capital Growth Fund Delaware Xxatutory Statutory trust Van Kampen Comstock Xxx Xxxxxx Xxxxxxxx Fund Delaware Xxaxxxxxx xrust Van Kampen Statutory trust Xxx Xxxxxx Corporate Bond Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Enterprise Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity and Income Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity Trust II Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Government Securities Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Growth and Income Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Harbor Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx High Yield Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Life Investment Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Limited Duration Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Pennsylvania Tax Free Income Fund Pennsylvania Xxmmon Common law trust Income Fund Van Kampen Xxx Xxxxxx Real Estate Securities Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Series Fund, Inc. Maryland Xxrporation Van Kampen Corporation Xxx Xxxxxx Tax-Exempt Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Tax Free Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Trust II Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx U.S. Government Trust Delaware Xxatutory Statutory trust SCHEDULE 1.2(C) EXCLUDED LIABILITIES None SCHEDULE 8.6 TAX OPINIONS With respect to each Reorganization:
(i) The acquisition by the Acquiring Fund of all of the assets of the Target Fund, as provided for in the Agreement, in exchange for Acquiring Fund shares and the assumption by the Acquiring Fund of all of the liabilities of the Target Fund, followed by the distribution by the Target Fund to its shareholders of the Acquiring Fund shares in complete liquidation of the Target Fund, will qualify as a reorganization within the meaning of Section 368(a)(1) of the Code, and the Target Fund and the Acquiring Fund each will be a "party to the reorganization" within the meaning of Section 368(b) of the Code.
(ii) No gain or loss will be recognized by the Target Fund upon the transfer of all of its assets to, and assumption of its liabilities by, the Acquiring Fund in exchange solely for Acquiring Fund shares pursuant to Section 361(a) and Section 357(a) of the Code.
(iii) No gain or loss will be recognized by the Acquiring Fund upon the receipt by it of all of the assets of the Target Fund in exchange solely for the assumption of the liabilities of the Target Fund and issuance of the Acquiring Fund shares pursuant to Section 1032(a) of the Code.
(iv) No gain or loss will be recognized by the Target Fund upon the distribution of the Acquiring Fund shares by the Target Fund to its shareholders in complete liquidation (in pursuance of the Agreement) pursuant to Section 361(c)(1) of the Code.
(v) The tax basis of the assets of the Target Fund received by the Acquiring Fund will be the same as the tax basis of such assets in the hands of the Target Fund immediately prior to the transfer pursuant to Section 362(b) of the Code.
(vi) The holding periods of the assets of the Target Fund in the hands of the Acquiring Fund will include the periods during which such assets were held by the Target Fund pursuant to Section 1223(2) of the Code.
(vii) No gain or loss will be recognized by the shareholders of the Target Fund upon the exchange of all of their Target Fund shares for the Acquiring Fund shares pursuant to Section 354(a) of the Code.
(viii) The aggregate tax basis of the Acquiring Fund shares to be received by each shareholder of the Target Fund will be the same as the aggregate tax basis of Target Fund Shares exchanged therefor pursuant to Section 358(a)(1) of the Code.
(ix) The holding period of Acquiring Fund shares received by a shareholder of the Target Fund will include the holding period of the Target Fund shares exchanged therefor, provided that the shareholder held Target Fund shares as a capital asset on the date of the exchange pursuant to Section 1223(1) of the Code.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Aim Investment Funds (Invesco Investment Funds))
Global Value Equity Fund. Global Value Equity XxxxxxxxxEqxxxx Xxxxxolio, a series of The a series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. Government Fund, a series Van Kampen Life Invxxxxxxx Xxust Xxxxxxxxxt Trust Government of AIM Variable Xxxxxxxxx Funds Portfolio, a series of Van Kampen Life Investment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. Growth and Income Fund, a Van Kampen Life Invxxxxxxx Xxust Xxxxxxxxxt Trust Growth and series of AIM Vaxxxxxx Xxxurance Funds Income Portfolio, a series of Van Kampen Life Xxvestment Investment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. High Yield Fund, a series High Yield PortfolixPortxxxxx, x xxxxxs xeries of The Universal of AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. International Growth International Growtx Xxxxxx XortfolioGxxxxx Xxxxty Portfolio, a series Equity Fund, a series of AIM Variable Insurance of The Universal Institutional Funds, Inc. Funds Series II Class II Invesco Van Kampen V.I. Mid Cap Growth Fund, a Van Kampen Life Invxxxxxxx Xxust Xxxxxxxxxt Trust Mid Cap Growth series of AIX Xxxxxxxx Insurance Funds Portfolio, a series of Van Kampen Life Investment Trust Series II Class II Invesco Van Kampen V.I. Mid Cap Value Fund, a U.S. Mid Cap Value XxxxxxxxxVaxxx Xxxxxxlio, a series of The series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Series II Class II Invesco Van Kampen V.I. Value Fund, a series of Value Portfolio, a x xxxxxx xx of The Universal AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I EXHIBIT B ORGANIZATIONAL FORM AND JURISDICTIONS OF EACH TARGET ENTITY TARGET ENTITY JURISDICTION WHERE ORGANIZED FORM OF ORGANIZATION ------------- ---------------------------- -------------------- Morgan Stanley Balanced Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley California Tax-Free Massachusetts Xxxxxxss Xxxxness trust Income Fund Morgan Stanley Convertible Securities Massachusetts Xxxxxxss Xxxxness trust Trust Morgan Stanley Dividend Growth Maryland Xxxxxxation Xxxxoration Securities Inc. Morgan Stanley Equally-Weighted S&P Massachusetts Xxxxxxss Xxxxness trust 500 Fund Morgan Stanley Fundamental Value Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley FX Series Funds Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Global Advantage Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Global Dividend Growth Massachusetts Xxxxxxss Xxxxness trust Securities Morgan Stanley Health Sciences Trust Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley High Yield Securities Maryland Xxxxxxation Xxxxoration Inc. Morgan Stanley Institutional Fund, Inc. Maryland Xxxxxxation Inc. Xxxxoration Morgan Stanley Institutional Fund Trust Pennsylvania Xxxxxxss Xxxxness trust Trust Morgan Stanley Mid-Cap Value Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley New York Tax-Free Massachusetts Xxxxxxss Xxxxness trust Income Fund Morgan Stanley Pacific Growth Fund Inc. Maryland Xxxxxxation Inc. Xxxxoration Morgan Stanley S&P 500 Index Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Select Dimensions Massachusetts Xxxxxxss Xxxxness trust Investment Series Morgan Stanley Series Funds Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Small-Mid Special Value Massachusetts Xxxxxxss Xxxxness trust Value Fund Morgan Stanley Special Value Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Tax-Exempt Securities Massachusetts Xxxxxxss Xxxxness trust Trust Morgan Stanley Technology Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Value Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Variable Investment Massachusetts Xxxxxxss Xxxxness trust Series The Universal Institutional Funds, Inc. Maryland Corporation Inc. Van Kampen Capital Growth Fund Delaware Xxatutory Statutory trust Van Kampen Comstock Fund Delaware Xxaxxxxxx xrust Sxxxxxxxx trust Van Kampen Corporate Bond Fund Delaware Xxatutory Statutory trust Van Kampen Enterprise Fund Delaware Xxatutory Statutory trust Van Kampen Equity and Income Fund Delaware Xxatutory Statutory trust Van Kampen Equity Trust Delaware Xxatutory Statutory trust Van Kampen Equity Trust II Delaware Xxatutory Statutory trust Van Kampen Government Securities Fund Delaware Xxatutory Statutory trust Van Kampen Growth and Income Fund Delaware Xxatutory Statutory trust Van Kampen Harbor Fund Delaware Xxatutory Statutory trust Van Kampen High Yield Fund Delaware Xxatutory Statutory trust Van Kampen Life Investment Trust Delaware Xxatutory Statutory trust Van Kampen Limited Duration Fund Delaware Xxatutory Statutory trust Van Kampen Pennsylvania Tax Free Pennsylvania Xxmmon Common law trust Income Fund Van Kampen Real Estate Securities Fund Delaware Xxatutory Statutory trust Van Kampen Series Fund, Inc. Maryland Xxrporation Corporation Van Kampen Tax-Exempt Trust Delaware Xxatutory Statutory trust Van Kampen Tax Free Trust Delaware Xxatutory Statutory trust Van Kampen Trust Delaware Xxatutory Statutory trust Van Kampen Trust II Delaware Xxatutory Statutory trust Van Kampen U.S. Government Trust Delaware Xxatutory Statutory trust SCHEDULE 1.2(C) EXCLUDED LIABILITIES None SCHEDULE 8.6 TAX OPINIONS With respect to each Reorganization:
(i) The acquisition by the Acquiring Fund of all of the assets of the Target Fund, as provided for in the Agreement, in exchange for Acquiring Fund shares and the assumption by the Acquiring Fund of all of the liabilities of the Target Fund, followed by the distribution by the Target Fund to its shareholders of the Acquiring Fund shares in complete liquidation of the Target Fund, will qualify as a reorganization within the meaning of Section 368(a)(1) of the Code, and the Target Fund and the Acquiring Fund each will be a "party to the reorganization" within the meaning of Section 368(b) of the Code.
(ii) No gain or loss will be recognized by the Target Fund upon the transfer of all of its assets to, and assumption of its liabilities by, the Acquiring Fund in exchange solely for Acquiring Fund shares pursuant to Section 361(a) and Section 357(a) of the Code.
(iii) No gain or loss will be recognized by the Acquiring Fund upon the receipt by it of all of the assets of the Target Fund in exchange solely for the assumption of the liabilities of the Target Fund and issuance of the Acquiring Fund shares pursuant to Section 1032(a) of the Code.
(iv) No gain or loss will be recognized by the Target Fund upon the distribution of the Acquiring Fund shares by the Target Fund to its shareholders in complete liquidation (in pursuance of the Agreement) pursuant to Section 361(c)(1) of the Code.
(v) The tax basis of the assets of the Target Fund received by the Acquiring Fund will be the same as the tax basis of such assets in the hands of the Target Fund immediately prior to the transfer pursuant to Section 362(b) of the Code.
(vi) The holding periods of the assets of the Target Fund in the hands of the Acquiring Fund will include the periods during which such assets were held by the Target Fund pursuant to Section 1223(2) of the Code.
(vii) No gain or loss will be recognized by the shareholders of the Target Fund upon the exchange of all of their Target Fund shares for the Acquiring Fund shares pursuant to Section 354(a) of the Code.
(viii) The aggregate tax basis of the Acquiring Fund shares to be received by each shareholder of the Target Fund will be the same as the aggregate tax basis of Target Fund Shares exchanged therefor pursuant to Section 358(a)(1) of the Code.
(ix) The holding period of Acquiring Fund shares received by a shareholder of the Target Fund will include the holding period of the Target Fund shares exchanged therefor, provided that the shareholder held Target Fund shares as a capital asset on the date of the exchange pursuant to Section 1223(1) of the Code.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Aim Tax Exempt Funds (Invesco Tax-Exempt Funds))
Global Value Equity Fund. Global Value Equity XxxxxxxxxEquxxx Xxxxxxlio, a series of The a series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. Government Fund, a series Van Kampen Life Invxxxxxxx Xxust Xxxxxxxxxx Trust Government of AIM Variable Xxxxxxxxx Funds Portfolio, a series of Van Kampen Life Investment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. Growth and Income Fund, a Van Kampen Life Invxxxxxxx Xxust Xxxxxxxxxx Trust Growth and series of AIM Vaxxxxxx Xxxurance Funds Income Portfolio, a series of Van Kampen Life Xxvestment Investment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. High Yield Fund, a series High Yield PortfolixPortfxxxx, x xxxxxs xxries of The Universal of AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. International Growth International Growtx Xxxxxx XortfolioGrxxxx Xxxxxy Portfolio, a series Equity Fund, a series of AIM Variable Insurance of The Universal Institutional Funds, Inc. Funds Series II Class II Invesco Van Kampen V.I. Mid Cap Growth Fund, a Van Kampen Life Invxxxxxxx Xxust Xxxxxxxxxx Trust Mid Cap Growth series of AIX Xxxxxxxx Insurance Funds Portfolio, a series of Van Kampen Life Investment Trust Series II Class II Invesco Van Kampen V.I. Mid Cap Value Fund, a U.S. Mid Cap Value XxxxxxxxxValxx Xxxxxxxio, a series of The series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Series II Class II Invesco Van Kampen V.I. Value Fund, a series of Value Portfolio, a x xxxxxx xx of The Universal AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I EXHIBIT B ORGANIZATIONAL FORM AND JURISDICTIONS OF EACH TARGET ENTITY TARGET ENTITY JURISDICTION WHERE ORGANIZED FORM OF ORGANIZATION ------------- --------------------------------------- ---------------------------- -------------------- Morgan Stanley Balanced Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley California Tax-Free Massachusetts Xxxxxxss trust Income Fund Xaxxxxxxxetts Business trust Morgan Stanley Convertible Securities Massachusetts Xxxxxxss Trust Mxxxxxxxsetts Business trust Trust Morgan Stanley Dividend Growth Maryland Xxxxxxation Securities Inc. Xxxyxxxx Corporation Morgan Stanley Equally-Equally- Weighted S&P Massachusetts Xxxxxxss trust 500 Fund Xxxsxxxxxxxts Business trust Morgan Stanley Fundamental Value Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley FX Series Funds Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Global Advantage Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Global Dividend Growth Securities Massachusetts Xxxxxxss Business trust Securities Morgan Stanley Health Sciences Trust Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley High Yield Securities Maryland Xxxxxxation Inc. Xaxxxxxx Corporation Morgan Stanley Institutional Fund, Inc. Maryland Xxxxxxation Inc. Xxxxoration Morgan Stanley Institutional Fund Trust Pennsylvania Xxxxxxss Xxxxness trust Trust Morgan Stanley Mid-Cap Value Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley New York Tax-Free Massachusetts Xxxxxxss Xxxxness trust Income Fund Morgan Stanley Pacific Growth Fund Inc. Maryland Xxxxxxation Inc. Xxxxoration Morgan Stanley S&P 500 Index Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Select Dimensions Massachusetts Xxxxxxss Xxxxness trust Investment Series Morgan Stanley Series Funds Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Small-Mid Special Massachusetts Xxxxxxss trust Value Fund Massachusetts Business trust Morgan Stanley Special Value Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Tax-Exempt Securities Trust Massachusetts Xxxxxxss Business trust Trust Morgan Stanley Technology Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Value Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Variable Investment Series Massachusetts Xxxxxxss Business trust Series The Universal Institutional Funds, Inc. Maryland Corporation Inc. Van Kampen Capital Growth Fund Delaware Xxatutory Statutory trust Van Kampen Comstock Fund Delaware Xxaxxxxxx xrust Sxxxxxxxx trust Van Kampen Corporate Bond Fund Delaware Xxatutory Statutory trust Van Kampen Enterprise Fund Delaware Xxatutory Statutory trust Van Kampen Equity and Income Fund Delaware Xxatutory Statutory trust Van Kampen Equity Trust Delaware Xxatutory Statutory trust Van Kampen Equity Trust II Delaware Xxatutory Statutory trust Van Kampen Government Securities Fund Delaware Xxatutory Statutory trust Van Kampen Growth and Income Fund Delaware Xxatutory Statutory trust Van Kampen Harbor Fund Delaware Xxatutory Statutory trust Van Kampen High Yield Fund Delaware Xxatutory Statutory trust Van Kampen Life Investment Trust Delaware Xxatutory Statutory trust Van Kampen Limited Duration Fund Delaware Xxatutory Statutory trust Van Kampen Pennsylvania Tax Free Income Fund Pennsylvania Xxmmon Common law trust Income Fund Van Kampen Real Estate Securities Fund Delaware Xxatutory Statutory trust Van Kampen Series Fund, Inc. Maryland Xxrporation Corporation Van Kampen Tax-Exempt Trust Delaware Xxatutory Statutory trust Van Kampen Tax Free Trust Delaware Xxatutory Statutory trust Van Kampen Trust Delaware Xxatutory Statutory trust Van Kampen Trust II Delaware Xxatutory Statutory trust Van Kampen U.S. Government Trust Delaware Xxatutory Statutory trust SCHEDULE 1.2(C) EXCLUDED LIABILITIES None SCHEDULE 8.6 TAX OPINIONS With respect to each Reorganization:
(i) The acquisition by the Acquiring Fund of all of the assets of the Target Fund, as provided for in the Agreement, in exchange for Acquiring Fund shares and the assumption by the Acquiring Fund of all of the liabilities of the Target Fund, followed by the distribution by the Target Fund to its shareholders of the Acquiring Fund shares in complete liquidation of the Target Fund, will qualify as a reorganization within the meaning of Section 368(a)(1) of the Code, and the Target Fund and the Acquiring Fund each will be a "party to the reorganization" within the meaning of Section 368(b) of the Code.
(ii) No gain or loss will be recognized by the Target Fund upon the transfer of all of its assets to, and assumption of its liabilities by, the Acquiring Fund in exchange solely for Acquiring Fund shares pursuant to Section 361(a) and Section 357(a) of the Code.
(iii) No gain or loss will be recognized by the Acquiring Fund upon the receipt by it of all of the assets of the Target Fund in exchange solely for the assumption of the liabilities of the Target Fund and issuance of the Acquiring Fund shares pursuant to Section 1032(a) of the Code.
(iv) No gain or loss will be recognized by the Target Fund upon the distribution of the Acquiring Fund shares by the Target Fund to its shareholders in complete liquidation (in pursuance of the Agreement) pursuant to Section 361(c)(1) of the Code.
(v) The tax basis of the assets of the Target Fund received by the Acquiring Fund will be the same as the tax basis of such assets in the hands of the Target Fund immediately prior to the transfer pursuant to Section 362(b) of the Code.
(vi) The holding periods of the assets of the Target Fund in the hands of the Acquiring Fund will include the periods during which such assets were held by the Target Fund pursuant to Section 1223(2) of the Code.
(vii) No gain or loss will be recognized by the shareholders of the Target Fund upon the exchange of all of their Target Fund shares for the Acquiring Fund shares pursuant to Section 354(a) of the Code.
(viii) The aggregate tax basis of the Acquiring Fund shares to be received by each shareholder of the Target Fund will be the same as the aggregate tax basis of Target Fund shares exchanged therefor pursuant to Section 358(a)(1) of the Code.
(ix) The holding period of Acquiring Fund shares received by a shareholder of the Target Fund will include the holding period of the Target Fund shares exchanged therefor, provided that the shareholder held Target Fund shares as a capital asset on the date of the exchange pursuant to Section 1223(1) of the Code.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Aim Investment Funds (Invesco Investment Funds))
Global Value Equity Fund. a series Global Value Equity XxxxxxxxxPortfolio, a series of The Universal of AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Xxx Xxxxxx V.I. Government Fund, a series of AIM Xxx Xxxxxx Life Investment Trust Government Portfolio, a Variable Insurance Funds series of Xxx Xxxxxx Life Investment Trust Series I Class I Series II Class II Invesco Xxx Xxxxxx V.I. Growth and Income Fund, a series Xxx Xxxxxx Life Investment Trust Growth and Income of AIM Variable Insurance Funds Portfolio, a series of Xxx Xxxxxx Life Investment Trust Series I Class I Series II Class II Invesco Xxx Xxxxxx V.I. High Yield Fund, a series of AIM High Yield Portfolio, a series of The Universal Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Xxx Xxxxxx V.I. International Growth Equity Fund, International Growth Equity Portfolio, a series of The a series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. Government Fund, a series Van Kampen Life Invxxxxxxx Xxust Government of AIM Variable Xxxxxxxxx Funds Portfolio, a series of Van Kampen Life Investment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. Growth and Income Fund, a Van Kampen Life Invxxxxxxx Xxust Growth and series of AIM Vaxxxxxx Xxxurance Funds Income Portfolio, a series of Van Kampen Life Xxvestment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. High Yield Fund, a series High Yield Portfolix, x xxxxxs of The Universal of AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. International Growth International Growtx Xxx Xxxxxx Xortfolio, a series Equity Fund, a series of AIM Variable Insurance of The Universal Institutional Funds, Inc. Funds Series II Class II Invesco Van Kampen V.I. Mid Cap Growth Fund, a Van Kampen series of Xxx Xxxxxx Life Invxxxxxxx Xxust Investment Trust Mid Cap Growth series of AIX Xxxxxxxx AIM Variable Insurance Funds Portfolio, a series of Van Kampen Xxx Xxxxxx Life Investment Trust Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Mid Cap Value Fund, a series of U.S. Mid Cap Value XxxxxxxxxPortfolio, a series of The series of Universal AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Value Fund, a series of AIM Value Portfolio, a xxxxxx xx series of The Universal AIM Institutional Variable Insurance Funds Institutional Funds, Inc. Series I Class I EXHIBIT B ORGANIZATIONAL FORM AND JURISDICTIONS OF EACH TARGET ENTITY TARGET ENTITY JURISDICTION WHERE ORGANIZED FORM OF ORGANIZATION ------------- ---------------------------------------------- ---------------------------- -------------------- Morgan Stanley Xxxxxx Xxxxxxx Balanced Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx California Tax-Free Massachusetts Xxxxxxss trust Income Fund Morgan Stanley Massachusetts Business trust Xxxxxx Xxxxxxx Convertible Securities Trust Massachusetts Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Dividend Growth Maryland Xxxxxxation Securities Inc. Morgan Stanley Maryland Corporation Xxxxxx Xxxxxxx Equally-Weighted S&P Massachusetts Xxxxxxss trust 500 Fund Morgan Stanley Massachusetts Business trust Xxxxxx Xxxxxxx Fundamental Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx FX Series Funds Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Global Advantage Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Global Dividend Growth Securities Massachusetts Xxxxxxss Business trust Securities Morgan Stanley Xxxxxx Xxxxxxx Health Sciences Trust Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx High Yield Securities Inc. Maryland Xxxxxxation Inc. Morgan Stanley Corporation Xxxxxx Xxxxxxx Institutional Fund, Inc. Maryland Xxxxxxation Inc. Morgan Stanley Corporation Xxxxxx Xxxxxxx Institutional Fund Trust Pennsylvania Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Mid-Cap Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx New York Tax-Free Massachusetts Xxxxxxss trust Income Fund Morgan Stanley Massachusetts Business trust Xxxxxx Xxxxxxx Pacific Growth Fund Inc. Maryland Xxxxxxation Inc. Morgan Stanley Corporation Xxxxxx Xxxxxxx S&P 500 Index Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Select Dimensions Massachusetts Xxxxxxss trust Investment Series Morgan Stanley Massachusetts Business trust Xxxxxx Xxxxxxx Series Funds Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Small-Mid Special Massachusetts Xxxxxxss trust Value Fund Morgan Stanley Massachusetts Business trust Xxxxxx Xxxxxxx Special Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Tax-Exempt Securities Trust Massachusetts Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Technology Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Variable Investment Series Massachusetts Xxxxxxss Business trust Series The Universal Institutional Funds, Inc. Maryland Corporation Inc. Van Kampen Xxx Xxxxxx Capital Growth Fund Delaware Xxatutory Statutory trust Van Kampen Comstock Xxx Xxxxxx Xxxxxxxx Fund Delaware Xxaxxxxxx xrust Van Kampen Statutory trust Xxx Xxxxxx Corporate Bond Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Enterprise Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity and Income Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity Trust II Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Government Securities Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Growth and Income Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Harbor Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx High Yield Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Life Investment Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Limited Duration Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Pennsylvania Tax Free Income Fund Pennsylvania Xxmmon Common law trust Income Fund Van Kampen Xxx Xxxxxx Real Estate Securities Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Series Fund, Inc. Maryland Xxrporation Van Kampen Corporation Xxx Xxxxxx Tax-Exempt Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Tax Free Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Trust II Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx U.S. Government Trust Delaware Xxatutory Statutory trust SCHEDULE 1.2(C) EXCLUDED LIABILITIES None SCHEDULE 8.6 TAX OPINIONS With respect to each Reorganization:
(i) The acquisition by the Acquiring Fund of all of the assets of the Target Fund, as provided for in the Agreement, in exchange for Acquiring Fund shares and the assumption by the Acquiring Fund of all of the liabilities of the Target Fund, followed by the distribution by the Target Fund to its shareholders of the Acquiring Fund shares in complete liquidation of the Target Fund, will qualify as a reorganization within the meaning of Section 368(a)(1) of the Code, and the Target Fund and the Acquiring Fund each will be a "party to the reorganization" within the meaning of Section 368(b) of the Code.
(ii) No gain or loss will be recognized by the Target Fund upon the transfer of all of its assets to, and assumption of its liabilities by, the Acquiring Fund in exchange solely for Acquiring Fund shares pursuant to Section 361(a) and Section 357(a) of the Code.
(iii) No gain or loss will be recognized by the Acquiring Fund upon the receipt by it of all of the assets of the Target Fund in exchange solely for the assumption of the liabilities of the Target Fund and issuance of the Acquiring Fund shares pursuant to Section 1032(a) of the Code.
(iv) No gain or loss will be recognized by the Target Fund upon the distribution of the Acquiring Fund shares by the Target Fund to its shareholders in complete liquidation (in pursuance of the Agreement) pursuant to Section 361(c)(1) of the Code.
(v) The tax basis of the assets of the Target Fund received by the Acquiring Fund will be the same as the tax basis of such assets in the hands of the Target Fund immediately prior to the transfer pursuant to Section 362(b) of the Code.
(vi) The holding periods of the assets of the Target Fund in the hands of the Acquiring Fund will include the periods during which such assets were held by the Target Fund pursuant to Section 1223(2) of the Code.
(vii) No gain or loss will be recognized by the shareholders of the Target Fund upon the exchange of all of their Target Fund shares for the Acquiring Fund shares pursuant to Section 354(a) of the Code.
(viii) The aggregate tax basis of the Acquiring Fund shares to be received by each shareholder of the Target Fund will be the same as the aggregate tax basis of Target Fund shares exchanged therefor pursuant to Section 358(a)(1) of the Code.
(ix) The holding period of Acquiring Fund shares received by a shareholder of the Target Fund will include the holding period of the Target Fund shares exchanged therefor, provided that the shareholder held Target Fund shares as a capital ASSET on the date of the exchange pursuant to Section 1223(1) of the Code.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Aim Sector Funds (Invesco Sector Funds))
Global Value Equity Fund. a series Global Value Equity XxxxxxxxxXxxxx Xxxity Portfolio, a series of The a series Universal of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. Government Fund, a series Van Kampen Life Invxxxxxxx Xxust Government of AIM Variable Xxxxxxxxx Funds Van Kaxxxx Xxxx Investment Trust Government Portfolio, a Vaxxxxxx Xxxurance Funds series of Van Kampen Life Investment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. Growth and Income Fund, a series Van Kampen Life Invxxxxxxx Xxust Kaxxxx Xxxx Investment Trust Growth and series Income of AIM Vaxxxxxx Xxxurance Vxxxxxxx Xxsurance Funds Income Portfolio, a series of Van Kampen Life Xxvestment Investment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. High Yield Fund, a series of AIM High Yield PortfolixYxxxx Xxxxxolio, x xxxxxs a series of The Universal of AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. International Growth International Growtx Xxxxxx XortfolioEquity Fund, Internxxxxxxx Xxowth Equity Portfolio, a series Equity Fund, of The a series of AIM Variable Insurance of The Funds Universal Institutional Funds, Inc. Funds Series II Class II Invesco Van Kampen V.I. Mid Cap Growth Fund, a series of Van Kampen Life Invxxxxxxx Xxust Kaxxxx Xxxx Investment Trust Mid Cap Growth series of AIX Xxxxxxxx Insurance AIM Variablx Xxxxxxxxe Funds Portfolio, a series of Van Kampen Life Investment Trust Series II Class II Invesco Van Kampen V.I. Mid Cap Value Fund, a series of U.S. Mid Cap Value XxxxxxxxxMxx Xxx Xxxue Portfolio, a series of The series of Universal AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Series II Class II Invesco Van Kampen V.I. Value Fund, a series of AIM Value PortfolioXxxxxxxxx, a xxxxxx xx series of The Universal AIM Institutional Variable Insurance Funds Institutional Funds, Inc. Series I Class I EXHIBIT B ORGANIZATIONAL FORM AND JURISDICTIONS OF EACH TARGET ENTITY JURISDICTION FORM OF TARGET ENTITY JURISDICTION WHERE ORGANIZED FORM OF ORGANIZATION ------------- ---------------------------- -------------------- -------------------------------------------- --------------- --------------- Morgan Stanley Balanced Fund Massachusetts Xxxxxxss trust Xxxixxxx xxust Morgan Stanley California Tax-Free Income Massachusetts Xxxxxxss trust Income Xxxixxxx xxust Fund Morgan Stanley Convertible Securities Trust Massachusetts Xxxxxxss trust Trust Xxxixxxx xxust Morgan Stanley Dividend Growth Securities Maryland Xxxxxxation Securities Xxxpxxxxxxx Inc. Morgan Stanley Equally-Weighted S&P Massachusetts Xxxxxxss trust 500 Fund Massachusetts Xxxixxxx xxust Morgan Stanley Fundamental Value Fund Massachusetts Xxxxxxss trust Xxxixxxx xxust Morgan Stanley FX Series Funds Massachusetts Xxxxxxss trust Xxxixxxx xxust Morgan Stanley Global Advantage Fund Massachusetts Xxxxxxss trust Xxxixxxx xxust Morgan Stanley Global Dividend Growth Massachusetts Xxxxxxss trust Xxxixxxx xxust Securities Morgan Stanley Health Sciences Trust Massachusetts Xxxxxxss trust Xxxixxxx xxust Morgan Stanley High Yield Securities Inc. Maryland Xxxxxxation Inc. Xxxpxxxxxxx Morgan Stanley Institutional Fund, Inc. Maryland Xxxxxxation Inc. Xxxpxxxxxxx Morgan Stanley Institutional Fund Trust Pennsylvania Xxxxxxss trust Trust Xxxixxxx xxust Morgan Stanley Mid-Cap Value Fund Massachusetts Xxxxxxss trust Xxxixxxx xxust Morgan Stanley New York Tax-Free Massachusetts Xxxxxxss trust Income Fund Massachusetts Xxxixxxx xxust Morgan Stanley Pacific Growth Fund Inc. Maryland Xxxxxxation Inc. Xxxpxxxxxxx Morgan Stanley S&P 500 Index Fund Massachusetts Xxxxxxss trust Xxxixxxx xxust Morgan Stanley Select Dimensions Investment Massachusetts Xxxxxxss trust Investment Xxxixxxx xxust Series Morgan Stanley Series Funds Massachusetts Xxxxxxss trust Xxxixxxx xxust Morgan Stanley Small-Mid Special Massachusetts Xxxxxxss trust Value Fund Massachusetts Xxxixxxx xxust Morgan Stanley Special Value Fund Massachusetts Xxxxxxss trust Xxxixxxx xxust Morgan Stanley Tax-Exempt Securities Trust Massachusetts Xxxxxxss trust Trust Xxxixxxx xxust Morgan Stanley Technology Fund Massachusetts Xxxxxxss trust Xxxixxxx xxust Morgan Stanley Value Fund Massachusetts Xxxxxxss trust Xxxixxxx xxust Morgan Stanley Variable Investment Series Massachusetts Xxxxxxss trust Series Xxxixxxx xxust The Universal Institutional Funds, Inc. Maryland Corporation Inc. Van Kampen Capital Growth Fund Delaware Xxatutory Xxxxxxxry trust Van Kampen Comstock Fund Delaware Xxaxxxxxx xrust Xxxxxxxrx xxxxx Van Kampen Corporate Bond Fund Delaware Xxatutory Xxxxxxxry trust Van Kampen Enterprise Fund Delaware Xxatutory Xxxxxxxry trust Van Kampen Equity and Income Fund Delaware Xxatutory Xxxxxxxry trust Van Kampen Equity Trust Delaware Xxatutory Xxxxxxxry trust Van Kampen Equity Trust II Delaware Xxatutory Xxxxxxxry trust Van Kampen Government Securities Fund Delaware Xxatutory Xxxxxxxry trust Van Kampen Growth and Income Fund Delaware Xxatutory Xxxxxxxry trust Van Kampen Harbor Fund Delaware Xxatutory Xxxxxxxry trust Van Kampen High Yield Fund Delaware Xxatutory Xxxxxxxry trust Van Kampen Life Investment Trust Delaware Xxatutory Xxxxxxxry trust Van Kampen Limited Duration Fund Delaware Xxatutory Xxxxxxxry trust Van Kampen Pennsylvania Tax Free Income Fund Pennsylvania Xxmmon Xxxxxx law trust Income Fund Van Kampen Real Estate Securities Fund Delaware Xxatutory Xxxxxxxry trust Van Kampen Series Fund, Inc. Maryland Xxrporation Xxxxxxxtion Van Kampen Tax-Exempt Trust Delaware Xxatutory Xxxxxxxry trust Van Kampen Tax Free Trust Delaware Xxatutory Xxxxxxxry trust Van Kampen Trust Delaware Xxatutory Xxxxxxxry trust Van Kampen Trust II Delaware Xxatutory Xxxxxxxry trust Van Kampen U.S. Government Trust Delaware Xxatutory Xxxxxxxry trust SCHEDULE 1.2(C) EXCLUDED LIABILITIES None SCHEDULE 8.6 TAX OPINIONS With respect to each Reorganization:
(i) The acquisition by the Acquiring Fund of all of the assets of the Target Fund, as provided for in the Agreement, in exchange for Acquiring Fund shares and the assumption by the Acquiring Fund of all of the liabilities of the Target Fund, followed by the distribution by the Target Fund to its shareholders of the Acquiring Fund shares in complete liquidation of the Target Fund, will qualify as a reorganization within the meaning of Section 368(a)(1) of the Code, and the Target Fund and the Acquiring Fund each will be a "party to the reorganization" within the meaning of Section 368(b) of the Code.
(ii) No gain or loss will be recognized by the Target Fund upon the transfer of all of its assets to, and assumption of its liabilities by, the Acquiring Fund in exchange solely for Acquiring Fund shares pursuant to Section 361(a) and Section 357(a) of the Code.
(iii) No gain or loss will be recognized by the Acquiring Fund upon the receipt by it of all of the assets of the Target Fund in exchange solely for the assumption of the liabilities of the Target Fund and issuance of the Acquiring Fund shares pursuant to Section 1032(a) of the Code.
(iv) No gain or loss will be recognized by the Target Fund upon the distribution of the Acquiring Fund shares by the Target Fund to its shareholders in complete liquidation (in pursuance of the Agreement) pursuant to Section 361(c)(1) of the Code.
(v) The tax basis of the assets of the Target Fund received by the Acquiring Fund will be the same as the tax basis of such assets in the hands of the Target Fund immediately prior to the transfer pursuant to Section 362(b) of the Code.
(vi) The holding periods of the assets of the Target Fund in the hands of the Acquiring Fund will include the periods during which such assets were held by the Target Fund pursuant to Section 1223(2) of the Code.
(vii) No gain or loss will be recognized by the shareholders of the Target Fund upon the exchange of all of their Target Fund shares for the Acquiring Fund shares pursuant to Section 354(a) of the Code.
(viii) The aggregate tax basis of the Acquiring Fund shares to be received by each shareholder of the Target Fund will be the same as the aggregate tax basis of Target Fund shares exchanged therefor pursuant to Section 358(a)(1) of the Code.
(ix) The holding period of Acquiring Fund shares received by a shareholder of the Target Fund will include the holding period of the Target Fund shares exchanged therefor, provided that the shareholder held Target Fund shares as a capital asset on the date of the exchange pursuant to Section 1223(1) of the Code.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Aim Investment Funds (Invesco Investment Funds))
Global Value Equity Fund. Global Value Equity XxxxxxxxxVaxxx Xxxxxx Portfolio, a series of The a series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. Government Fund, a series Van Kampen Life Invxxxxxxx Xxust Kampex Xxxx Xxxestment Trust Government of AIM Variable Xxxxxxxxx Funds Portfolio, a series of Van Kampen Life Investment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. Growth and Income Fund, a Van Kampen Life Invxxxxxxx Xxust Kampex Xxxx Xxxestment Trust Growth and series of AIM Vaxxxxxx Xxxurance Funds Income Portfolio, a series of Van Kampen Life Xxvestment Investment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. High Yield Fund, a series High Yield PortfolixYielx Xxxxxxxxo, x xxxxxs a series of The Universal of AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. International Growth International Growtx Xxxxxx XortfolioInternatixxxx Xxxxxh Equity Portfolio, a series Equity Fund, a series of AIM Variable Insurance of The Universal Institutional Funds, Inc. Funds Series II Class II Invesco Van Kampen V.I. Mid Cap Growth Fund, a Van Kampen Life Invxxxxxxx Xxust Kampex Xxxx Xxxestment Trust Mid Cap Growth series of AIX Xxxxxxxx Insurance Funds Portfolio, a series of Van Kampen Life Investment Trust Series II Class II Invesco Van Kampen V.I. Mid Cap Value Fund, a U.S. Mid Cap Value XxxxxxxxxXxx Xxxxx Portfolio, a series of The series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Series II Class II Invesco Van Kampen V.I. Value Fund, a series of Value PortfolioPorxxxxxx, a xxxxxx xx x series of The Universal AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I EXHIBIT B ORGANIZATIONAL FORM AND JURISDICTIONS OF EACH TARGET ENTITY TARGET ENTITY JURISDICTION WHERE ORGANIZED FORM OF ORGANIZATION ------------- --------------------------------------- ---------------------------- -------------------- Morgan Stanley Balanced Fund Massachusetts Xxxxxxss trust Morgan Stanley California Tax-Free Massachusetts Xxxxxxss trust Income Fund Morgan Stanley Convertible Securities Massachusetts Xxxxxxss trust Trust Morgan Stanley Dividend Growth Maryland Xxxxxxation Securities Inc. Morgan Stanley Equally-Weighted S&P Massachusetts Xxxxxxss trust 500 Fund Morgan Stanley Fundamental Value Fund Massachusetts Xxxxxxss trust Morgan Stanley FX Series Funds Massachusetts Xxxxxxss trust Morgan Stanley Global Advantage Fund Massachusetts Xxxxxxss trust Morgan Stanley Global Dividend Growth Massachusetts Xxxxxxss trust Securities Morgan Stanley Health Sciences Trust Massachusetts Xxxxxxss trust Morgan Stanley High Yield Securities Maryland Xxxxxxation Inc. Morgan Stanley Institutional Fund, Inc. Maryland Xxxxxxation Inc. Morgan Stanley Institutional Fund Trust Pennsylvania Xxxxxxss trust Trust Morgan Stanley Mid-Cap Value Fund Massachusetts Xxxxxxss trust Morgan Stanley New York Tax-Free Massachusetts Xxxxxxss trust Income Fund Morgan Stanley Pacific Growth Fund Inc. Maryland Xxxxxxation Inc. Morgan Stanley S&P 500 Index Fund Massachusetts Xxxxxxss trust Morgan Stanley Select Dimensions Massachusetts Xxxxxxss trust Investment Series Morgan Stanley Series Funds Massachusetts Xxxxxxss trust Morgan Stanley Small-Mid Special Value Massachusetts Xxxxxxss trust Value Fund Morgan Stanley Special Value Fund Massachusetts Xxxxxxss trust Morgan Stanley Tax-Exempt Securities Massachusetts Xxxxxxss trust Trust Morgan Stanley Technology Fund Massachusetts Xxxxxxss trust Morgan Stanley Value Fund Massachusetts Xxxxxxss trust Morgan Stanley Variable Investment Massachusetts Xxxxxxss trust Series The Universal Institutional Funds, Inc. Maryland Corporation Inc. Van Kampen Capital Growth Fund Delaware Xxatutory trust Van Kampen Comstock Fund Delaware Xxaxxxxxx xrust Van Kampen Corporate Bond Fund Delaware Xxatutory trust Van Kampen Enterprise Fund Delaware Xxatutory trust Van Kampen Equity and Income Fund Delaware Xxatutory trust Van Kampen Equity Trust Delaware Xxatutory trust Van Kampen Equity Trust II Delaware Xxatutory trust Van Kampen Government Securities Fund Delaware Xxatutory trust Van Kampen Growth and Income Fund Delaware Xxatutory trust Van Kampen Harbor Fund Delaware Xxatutory trust Van Kampen High Yield Fund Delaware Xxatutory trust Van Kampen Life Investment Trust Delaware Xxatutory trust Van Kampen Limited Duration Fund Delaware Xxatutory trust Van Kampen Pennsylvania Tax Free Pennsylvania Xxmmon law trust Income Fund Van Kampen Real Estate Securities Fund Delaware Xxatutory trust Van Kampen Series Fund, Inc. Maryland Xxrporation Van Kampen Tax-Exempt Trust Delaware Xxatutory trust Van Kampen Tax Free Trust Delaware Xxatutory trust Van Kampen Trust Delaware Xxatutory trust Van Kampen Trust II Delaware Xxatutory trust Van Kampen U.S. Government Trust Delaware Xxatutory trust SCHEDULE 1.2(C) EXCLUDED LIABILITIES None SCHEDULE 8.6 TAX OPINIONS With respect to each Reorganization:
(i) The acquisition by the Acquiring Fund of all of the assets of the Target Fund, as provided for in the Agreement, in exchange for Acquiring Fund shares and the assumption by the Acquiring Fund of all of the liabilities of the Target Fund, followed by the distribution by the Target Fund to its shareholders of the Acquiring Fund shares in complete liquidation of the Target Fund, will qualify as a reorganization within the meaning of Section 368(a)(1) of the Code, and the Target Fund and the Acquiring Fund each will be a "party to the reorganization" within the meaning of Section 368(b) of the Code.
(ii) No gain or loss will be recognized by the Target Fund upon the transfer of all of its assets to, and assumption of its liabilities by, the Acquiring Fund in exchange solely for Acquiring Fund shares pursuant to Section 361(a) and Section 357(a) of the Code.
(iii) No gain or loss will be recognized by the Acquiring Fund upon the receipt by it of all of the assets of the Target Fund in exchange solely for the assumption of the liabilities of the Target Fund and issuance of the Acquiring Fund shares pursuant to Section 1032(a) of the Code.
(iv) No gain or loss will be recognized by the Target Fund upon the distribution of the Acquiring Fund shares by the Target Fund to its shareholders in complete liquidation (in pursuance of the Agreement) pursuant to Section 361(c)(1) of the Code.
(v) The tax basis of the assets of the Target Fund received by the Acquiring Fund will be the same as the tax basis of such assets in the hands of the Target Fund immediately prior to the transfer pursuant to Section 362(b) of the Code.
(vi) The holding periods of the assets of the Target Fund in the hands of the Acquiring Fund will include the periods during which such assets were held by the Target Fund pursuant to Section 1223(2) of the Code.
(vii) No gain or loss will be recognized by the shareholders of the Target Fund upon the exchange of all of their Target Fund shares for the Acquiring Fund shares pursuant to Section 354(a) of the Code.
(viii) The aggregate tax basis of the Acquiring Fund shares to be received by each shareholder of the Target Fund will be the same as the aggregate tax basis of Target Fund Shares exchanged therefor pursuant to Section 358(a)(1) of the Code.
(ix) The holding period of Acquiring Fund shares received by a shareholder of the Target Fund will include the holding period of the Target Fund shares exchanged therefor, provided that the shareholder held Target Fund shares as a capital asset on the date of the exchange pursuant to Section 1223(1) of the Code.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Aim Investment Funds (Invesco Investment Funds))
Global Value Equity Fund. Global Value Equity XxxxxxxxxPortfolio, a series of The a series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Invesco Van Kampen Xxx Xxxxxx V.I. Government Fund, a series Van Kampen Xxx Xxxxxx Life Invxxxxxxx Xxust Investment Trust Government of AIM Variable Xxxxxxxxx Insurance Funds Portfolio, a series of Van Kampen Xxx Xxxxxx Life Investment Trust Series I Class I Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Growth and Income Fund, a Van Kampen Xxx Xxxxxx Life Invxxxxxxx Xxust Investment Trust Growth and series of AIM Vaxxxxxx Xxxurance Variable Insurance Funds Income Portfolio, a series of Van Kampen Xxx Xxxxxx Life Xxvestment Investment Trust Series I Class I Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. High Yield Fund, a series High Yield PortfolixPortfolio, x xxxxxs a series of The Universal of AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Van Kampen Xxx Xxxxxx V.I. International Growth International Growtx Xxxxxx XortfolioGrowth Equity Portfolio, a series Equity Fund, a series of AIM Variable Insurance of The Universal Institutional Funds, Inc. Funds Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Mid Cap Growth Fund, a Van Kampen Xxx Xxxxxx Life Invxxxxxxx Xxust Investment Trust Mid Cap Growth series of AIX Xxxxxxxx AIM Variable Insurance Funds Portfolio, a series of Van Kampen Xxx Xxxxxx Life Investment Trust Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Mid Cap Value Fund, a U.S. Mid Cap Value XxxxxxxxxPortfolio, a series of The series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Value Fund, a series of Value Portfolio, a xxxxxx xx series of The Universal AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I EXHIBIT B ORGANIZATIONAL FORM AND JURISDICTIONS OF EACH TARGET ENTITY TARGET ENTITY JURISDICTION WHERE ORGANIZED FORM OF ORGANIZATION ------------- ---------------------------- -------------------- Morgan Stanley Xxxxxx Xxxxxxx Balanced Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx California Tax-Free Massachusetts Xxxxxxss Business trust Income Fund Morgan Stanley Xxxxxx Xxxxxxx Convertible Securities Massachusetts Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Dividend Growth Maryland Xxxxxxation Corporation Securities Inc. Morgan Stanley Xxxxxx Xxxxxxx Equally-Weighted S&P Massachusetts Xxxxxxss Business trust 500 Fund Morgan Stanley Xxxxxx Xxxxxxx Fundamental Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx FX Series Funds Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Global Advantage Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Global Dividend Growth Massachusetts Xxxxxxss Business trust Securities Morgan Stanley Xxxxxx Xxxxxxx Health Sciences Trust Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx High Yield Securities Maryland Xxxxxxation Corporation Inc. Morgan Stanley Xxxxxx Xxxxxxx Institutional Fund, Inc. Maryland Xxxxxxation Inc. Morgan Stanley Corporation Xxxxxx Xxxxxxx Institutional Fund Trust Pennsylvania Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Mid-Cap Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx New York Tax-Free Massachusetts Xxxxxxss Business trust Income Fund Morgan Stanley Xxxxxx Xxxxxxx Pacific Growth Fund Inc. Maryland Xxxxxxation Inc. Morgan Stanley Corporation Xxxxxx Xxxxxxx S&P 500 Index Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Select Dimensions Massachusetts Xxxxxxss Business trust Investment Series Morgan Stanley Xxxxxx Xxxxxxx Series Funds Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Small-Mid Special Value Massachusetts Xxxxxxss Business trust Value Fund Morgan Stanley Xxxxxx Xxxxxxx Special Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Tax-Exempt Securities Massachusetts Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Technology Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Variable Investment Massachusetts Xxxxxxss Business trust Series The Universal Institutional Funds, Inc. Maryland Corporation Inc. Van Kampen Xxx Xxxxxx Capital Growth Fund Delaware Xxatutory Statutory trust Van Kampen Comstock Xxx Xxxxxx Xxxxxxxx Fund Delaware Xxaxxxxxx xrust Van Kampen Statutory trust Xxx Xxxxxx Corporate Bond Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Enterprise Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity and Income Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity Trust II Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Government Securities Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Growth and Income Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Harbor Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx High Yield Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Life Investment Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Limited Duration Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Pennsylvania Tax Free Pennsylvania Xxmmon Common law trust Income Fund Van Kampen Xxx Xxxxxx Real Estate Securities Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Series Fund, Inc. Maryland Xxrporation Van Kampen Corporation Xxx Xxxxxx Tax-Exempt Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Tax Free Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Trust II Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx U.S. Government Trust Delaware Xxatutory Statutory trust SCHEDULE 1.2(C) EXCLUDED LIABILITIES None SCHEDULE 8.6 TAX OPINIONS With respect to each Reorganization:
(i) The acquisition by the Acquiring Fund of all of the assets of the Target Fund, as provided for in the Agreement, in exchange for Acquiring Fund shares and the assumption by the Acquiring Fund of all of the liabilities of the Target Fund, followed by the distribution by the Target Fund to its shareholders of the Acquiring Fund shares in complete liquidation of the Target Fund, will qualify as a reorganization within the meaning of Section 368(a)(1) of the Code, and the Target Fund and the Acquiring Fund each will be a "party to the reorganization" within the meaning of Section 368(b) of the Code.
(ii) No gain or loss will be recognized by the Target Fund upon the transfer of all of its assets to, and assumption of its liabilities by, the Acquiring Fund in exchange solely for Acquiring Fund shares pursuant to Section 361(a) and Section 357(a) of the Code.
(iii) No gain or loss will be recognized by the Acquiring Fund upon the receipt by it of all of the assets of the Target Fund in exchange solely for the assumption of the liabilities of the Target Fund and issuance of the Acquiring Fund shares pursuant to Section 1032(a) of the Code.
(iv) No gain or loss will be recognized by the Target Fund upon the distribution of the Acquiring Fund shares by the Target Fund to its shareholders in complete liquidation (in pursuance of the Agreement) pursuant to Section 361(c)(1) of the Code.
(v) The tax basis of the assets of the Target Fund received by the Acquiring Fund will be the same as the tax basis of such assets in the hands of the Target Fund immediately prior to the transfer pursuant to Section 362(b) of the Code.
(vi) The holding periods of the assets of the Target Fund in the hands of the Acquiring Fund will include the periods during which such assets were held by the Target Fund pursuant to Section 1223(2) of the Code.
(vii) No gain or loss will be recognized by the shareholders of the Target Fund upon the exchange of all of their Target Fund shares for the Acquiring Fund shares pursuant to Section 354(a) of the Code.
(viii) The aggregate tax basis of the Acquiring Fund shares to be received by each shareholder of the Target Fund will be the same as the aggregate tax basis of Target Fund shares exchanged therefor pursuant to Section 358(a)(1) of the Code.
(ix) The holding period of Acquiring Fund shares received by a shareholder of the Target Fund will include the holding period of the Target Fund shares exchanged therefor, provided that the shareholder held Target Fund shares as a capital asset on the date of the exchange pursuant to Section 1223(1) of the Code.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Aim Tax Exempt Funds (Invesco Tax-Exempt Funds))
Global Value Equity Fund. Global Value Equity XxxxxxxxxPortfolio, a series of The a series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Invesco Van Kampen Xxx Xxxxxx V.I. Government Fund, a series Van Kampen Xxx Xxxxxx Life Invxxxxxxx Xxust Investment Trust Government of AIM Variable Xxxxxxxxx Insurance Funds Portfolio, a series of Van Kampen Xxx Xxxxxx Life Investment Trust Series I Class I Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Growth and Income Fund, a Van Kampen Xxx Xxxxxx Life Invxxxxxxx Xxust Investment Trust Growth and series of AIM Vaxxxxxx Xxxurance Variable Insurance Funds Income Portfolio, a series of Van Kampen Xxx Xxxxxx Life Xxvestment Investment Trust Series I Class I Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. High Yield Fund, a series High Yield PortfolixPortfolio, x xxxxxs a series of The Universal of AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Van Kampen Xxx Xxxxxx V.I. International Growth International Growtx Xxxxxx XortfolioGrowth Equity Portfolio, a series Equity Fund, a series of AIM Variable Insurance of The Universal Institutional Funds, Inc. Funds Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Mid Cap Growth Fund, a Van Kampen Xxx Xxxxxx Life Invxxxxxxx Xxust Investment Trust Mid Cap Growth series of AIX Xxxxxxxx AIM Variable Insurance Funds Portfolio, a series of Van Kampen Xxx Xxxxxx Life Investment Trust Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Mid Cap Value Fund, a U.S. Mid Cap Value XxxxxxxxxPortfolio, a series of The series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Value Fund, a series of Value Portfolio, a xxxxxx xx series of The Universal AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I EXHIBIT B ORGANIZATIONAL FORM AND JURISDICTIONS OF EACH TARGET ENTITY JURISDICTION WHERE FORM OF TARGET ENTITY JURISDICTION WHERE ORGANIZED FORM OF ORGANIZATION ------------- ---------------------------- -------------------- Morgan Stanley ------------------ -------------- Xxxxxx Xxxxxxx Balanced Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx California Tax-Free Massachusetts Xxxxxxss trust Income Fund Morgan Stanley Massachusetts Business trust Xxxxxx Xxxxxxx Convertible Securities Trust Massachusetts Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Dividend Growth Maryland Xxxxxxation Securities Inc. Morgan Stanley Maryland Corporation Xxxxxx Xxxxxxx Equally-Weighted S&P Massachusetts Xxxxxxss trust 500 Fund Morgan Stanley Massachusetts Business trust Xxxxxx Xxxxxxx Fundamental Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx FX Series Funds Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Global Advantage Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Global Dividend Growth Massachusetts Xxxxxxss Business trust Securities Morgan Stanley Xxxxxx Xxxxxxx Health Sciences Trust Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx High Yield Securities Inc. Maryland Xxxxxxation Inc. Morgan Stanley Corporation Xxxxxx Xxxxxxx Institutional Fund, Inc. Maryland Xxxxxxation Inc. Morgan Stanley Corporation Xxxxxx Xxxxxxx Institutional Fund Trust Pennsylvania Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Mid-Cap Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx New York Tax-Free Massachusetts Xxxxxxss trust Income Fund Morgan Stanley Massachusetts Business trust Xxxxxx Xxxxxxx Pacific Growth Fund Inc. Maryland Xxxxxxation Inc. Morgan Stanley Corporation Xxxxxx Xxxxxxx S&P 500 Index Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Select Dimensions Investment Massachusetts Xxxxxxss Business trust Investment Series Morgan Stanley Xxxxxx Xxxxxxx Series Funds Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Small-Mid Special Massachusetts Xxxxxxss trust Value Fund Morgan Stanley Massachusetts Business trust Xxxxxx Xxxxxxx Special Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley JURISDICTION WHERE FORM OF TARGET ENTITY ORGANIZED ORGANIZATION ------------- ------------------ -------------- Xxxxxx Xxxxxxx Tax-Exempt Securities Trust Massachusetts Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Technology Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Variable Investment Series Massachusetts Xxxxxxss Business trust Series The Universal Institutional Funds, Inc. Maryland Corporation Inc. Van Kampen Xxx Xxxxxx Capital Growth Fund Delaware Xxatutory Statutory trust Van Kampen Comstock Xxx Xxxxxx Xxxxxxxx Fund Delaware Xxaxxxxxx xrust Van Kampen Statutory trust Xxx Xxxxxx Corporate Bond Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Enterprise Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity and Income Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity Trust II Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Government Securities Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Growth and Income Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Harbor Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx High Yield Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Life Investment Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Limited Duration Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Pennsylvania Tax Free Income Fund Pennsylvania Xxmmon Common law trust Income Fund Van Kampen Xxx Xxxxxx Real Estate Securities Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Series Fund, Inc. Maryland Xxrporation Van Kampen Corporation Xxx Xxxxxx Tax-Exempt Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Tax Free Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Trust II Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx U.S. Government Trust Delaware Xxatutory Statutory trust SCHEDULE 1.2(C) EXCLUDED LIABILITIES None SCHEDULE 8.6 TAX OPINIONS With respect to each Reorganization:
(i) The acquisition by the Acquiring Fund of all of the assets of the Target Fund, as provided for in the Agreement, in exchange for Acquiring Fund shares and the assumption by the Acquiring Fund of all of the liabilities of the Target Fund, followed by the distribution by the Target Fund to its shareholders of the Acquiring Fund shares in complete liquidation of the Target Fund, will qualify as a reorganization within the meaning of Section 368(a)(1) of the Code, and the Target Fund and the Acquiring Fund each will be a "party to the reorganization" within the meaning of Section 368(b) of the Code.
(ii) No gain or loss will be recognized by the Target Fund upon the transfer of all of its assets to, and assumption of its liabilities by, the Acquiring Fund in exchange solely for Acquiring Fund shares pursuant to Section 361(a) and Section 357(a) of the Code.
(iii) No gain or loss will be recognized by the Acquiring Fund upon the receipt by it of all of the assets of the Target Fund in exchange solely for the assumption of the liabilities of the Target Fund and issuance of the Acquiring Fund shares pursuant to Section 1032(a) of the Code.
(iv) No gain or loss will be recognized by the Target Fund upon the distribution of the Acquiring Fund shares by the Target Fund to its shareholders in complete liquidation (in pursuance of the Agreement) pursuant to Section 361(c)(1) of the Code.
(v) The tax basis of the assets of the Target Fund received by the Acquiring Fund will be the same as the tax basis of such assets in the hands of the Target Fund immediately prior to the transfer pursuant to Section 362(b) of the Code.
(vi) The holding periods of the assets of the Target Fund in the hands of the Acquiring Fund will include the periods during which such assets were held by the Target Fund pursuant to Section 1223(2) of the Code.
(vii) No gain or loss will be recognized by the shareholders of the Target Fund upon the exchange of all of their Target Fund shares for the Acquiring Fund shares pursuant to Section 354(a) of the Code.
(viii) The aggregate tax basis of the Acquiring Fund shares to be received by each shareholder of the Target Fund will be the same as the aggregate tax basis of Target Fund Shares exchanged therefor pursuant to Section 358(a)(1) of the Code.
(ix) The holding period of Acquiring Fund shares received by a shareholder of the Target Fund will include the holding period of the Target Fund shares exchanged therefor, provided that the shareholder held Target Fund shares as a capital asset on the date of the exchange pursuant to Section 1223(1) of the Code.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Aim Counselor Series Trust (Invesco Counselor Series Trust))
Global Value Equity Fund. Global Value Equity XxxxxxxxxPortfolio, a series of The a series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Invesco Van Kampen Xxx Xxxxxx V.I. Government Fund, a series Van Kampen Xxx Xxxxxx Life Invxxxxxxx Xxust Investment Trust Government of AIM Variable Xxxxxxxxx Insurance Funds Portfolio, a series of Van Kampen Xxx Xxxxxx Life Investment Trust Series I Class I Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Growth and Income Fund, a Van Kampen Xxx Xxxxxx Life Invxxxxxxx Xxust Investment Trust Growth and series of AIM Vaxxxxxx Xxxurance Variable Insurance Funds Income Portfolio, a series of Van Kampen Xxx Xxxxxx Life Xxvestment Investment Trust Series I Class I Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. High Yield Fund, a series High Yield PortfolixPortfolio, x xxxxxs a series of The Universal of AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Van Kampen Xxx Xxxxxx V.I. International Growth International Growtx Xxxxxx XortfolioGrowth Equity Portfolio, a series Equity Fund, a series of AIM Variable Insurance of The Universal Institutional Funds, Inc. Funds Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Mid Cap Growth Fund, a Van Kampen Xxx Xxxxxx Life Invxxxxxxx Xxust Investment Trust Mid Cap Growth series of AIX Xxxxxxxx AIM Variable Insurance Funds Portfolio, a series of Van Kampen Xxx Xxxxxx Life Investment Trust Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Mid Cap Value Fund, a U.S. Mid Cap Value XxxxxxxxxPortfolio, a series of The series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Value Fund, a series of Value Portfolio, a xxxxxx xx series of The Universal AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I EXHIBIT B ORGANIZATIONAL FORM AND JURISDICTIONS OF EACH TARGET ENTITY TARGET ENTITY JURISDICTION WHERE ORGANIZED FORM OF ORGANIZATION ------------- ---------------------------- -------------------- Morgan Stanley ------------------------------ --------------------- Xxxxxx Xxxxxxx Balanced Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx California Tax-Free Massachusetts Xxxxxxss Business trust Income Fund Morgan Stanley Xxxxxx Xxxxxxx Convertible Securities Massachusetts Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Dividend Growth Maryland Xxxxxxation Corporation Securities Inc. Morgan Stanley Xxxxxx Xxxxxxx Equally-Weighted S&P Massachusetts Xxxxxxss Business trust 500 Fund Morgan Stanley Xxxxxx Xxxxxxx Fundamental Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx FX Series Funds Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Global Advantage Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Global Dividend Growth Massachusetts Xxxxxxss Business trust Securities Morgan Stanley Xxxxxx Xxxxxxx Health Sciences Trust Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx High Yield Securities Maryland Xxxxxxation Corporation Inc. Morgan Stanley Xxxxxx Xxxxxxx Institutional Fund, Inc. Maryland Xxxxxxation Inc. Morgan Stanley Corporation Xxxxxx Xxxxxxx Institutional Fund Trust Pennsylvania Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Mid-Cap Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx New York Tax-Free Massachusetts Xxxxxxss Business trust Income Fund Morgan Stanley Xxxxxx Xxxxxxx Pacific Growth Fund Inc. Maryland Xxxxxxation Inc. Morgan Stanley Corporation Xxxxxx Xxxxxxx S&P 500 Index Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Select Dimensions Massachusetts Xxxxxxss Business trust Investment Series Morgan Stanley Xxxxxx Xxxxxxx Series Funds Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Small-Mid Special Value Massachusetts Xxxxxxss Business trust Value Fund Morgan Stanley Xxxxxx Xxxxxxx Special Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Tax-Exempt Securities Massachusetts Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Technology Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Variable Investment Massachusetts Xxxxxxss Business trust Series The Universal Institutional Funds, Inc. Maryland Corporation Inc. Van Kampen Xxx Xxxxxx Capital Growth Fund Delaware Xxatutory Statutory trust Van Kampen Comstock Xxx Xxxxxx Xxxxxxxx Fund Delaware Xxaxxxxxx xrust Van Kampen Statutory trust Xxx Xxxxxx Corporate Bond Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Enterprise Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity and Income Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity Trust II Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Government Securities Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Growth and Income Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Harbor Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx High Yield Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Life Investment Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Limited Duration Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Pennsylvania Tax Free Pennsylvania Xxmmon Common law trust Income Fund Van Kampen Xxx Xxxxxx Real Estate Securities Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Series Fund, Inc. Maryland Xxrporation Van Kampen Corporation Xxx Xxxxxx Tax-Exempt Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Tax Free Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Trust II Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx U.S. Government Trust Delaware Xxatutory Statutory trust SCHEDULE 1.2(C) EXCLUDED LIABILITIES None SCHEDULE 8.6 TAX OPINIONS With respect to each Reorganization:
(i) The acquisition by the Acquiring Fund of all of the assets of the Target Fund, as provided for in the Agreement, in exchange for Acquiring Fund shares and the assumption by the Acquiring Fund of all of the liabilities of the Target Fund, followed by the distribution by the Target Fund to its shareholders of the Acquiring Fund shares in complete liquidation of the Target Fund, will qualify as a reorganization within the meaning of Section 368(a)(1) of the Code, and the Target Fund and the Acquiring Fund each will be a "party to the reorganization" within the meaning of Section 368(b) of the Code.
(ii) No gain or loss will be recognized by the Target Fund upon the transfer of all of its assets to, and assumption of its liabilities by, the Acquiring Fund in exchange solely for Acquiring Fund shares pursuant to Section 361(a) and Section 357(a) of the Code.
(iii) No gain or loss will be recognized by the Acquiring Fund upon the receipt by it of all of the assets of the Target Fund in exchange solely for the assumption of the liabilities of the Target Fund and issuance of the Acquiring Fund shares pursuant to Section 1032(a) of the Code.
(iv) No gain or loss will be recognized by the Target Fund upon the distribution of the Acquiring Fund shares by the Target Fund to its shareholders in complete liquidation (in pursuance of the Agreement) pursuant to Section 361(c)(1) of the Code.
(v) The tax basis of the assets of the Target Fund received by the Acquiring Fund will be the same as the tax basis of such assets in the hands of the Target Fund immediately prior to the transfer pursuant to Section 362(b) of the Code.
(vi) The holding periods of the assets of the Target Fund in the hands of the Acquiring Fund will include the periods during which such assets were held by the Target Fund pursuant to Section 1223(2) of the Code.
(vii) No gain or loss will be recognized by the shareholders of the Target Fund upon the exchange of all of their Target Fund shares for the Acquiring Fund shares pursuant to Section 354(a) of the Code.
(viii) The aggregate tax basis of the Acquiring Fund shares to be received by each shareholder of the Target Fund will be the same as the aggregate tax basis of Target Fund Shares exchanged therefor pursuant to Section 358(a)(1) of the Code.
(ix) The holding period of Acquiring Fund shares received by a shareholder of the Target Fund will include the holding period of the Target Fund shares exchanged therefor, provided that the shareholder held Target Fund shares as a capital asset on the date of the exchange pursuant to Section 1223(1) of the Code.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Aim Investment Funds (Invesco Investment Funds))
Global Value Equity Fund. Global Value Equity XxxxxxxxxXxxxxx Xxxtfolio, a series of The a series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. Government Fund, a series Van Kampen Life Invxxxxxxx Xxust Lixx Xxxxxxxent Trust Government of AIM Variable Xxxxxxxxx Funds Portfolio, a series of Van Kampen Life Investment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. Growth and Income Fund, a Van Kampen Life Invxxxxxxx Xxust Lixx Xxxxxxxent Trust Growth and series of AIM Vaxxxxxx Xxxurance Funds Income Portfolio, a series of Van Kampen Life Xxvestment Investment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. High Yield Fund, a series High Yield PortfolixPoxxxxxxx, x xxxxxs series of The Universal of AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. International Growth International Growtx Xxxxxx XortfolioXxuity Portfolio, a series Equity Fund, a series of AIM Variable Insurance of The Universal Institutional Funds, Inc. Funds Series II Class II Invesco Van Kampen V.I. Mid Cap Growth Fund, a Van Kampen Life Invxxxxxxx Xxust Lixx Xxxxxxxent Trust Mid Cap Growth series of AIX Xxxxxxxx Insurance Funds Portfolio, a series of Van Kampen Life Investment Trust Series II Class II Invesco Van Kampen V.I. Mid Cap Value Fund, a U.S. Mid Cap Value XxxxxxxxxXxxxx Xxxxfolio, a series of The series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Series II Class II Invesco Van Kampen V.I. Value Fund, a series of Value PortfolioPortfolxx, a xxxxxx xx x xxxxes of The Universal AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I EXHIBIT B ORGANIZATIONAL FORM AND JURISDICTIONS OF EACH TARGET ENTITY JURISDICTION WHERE TARGET ENTITY JURISDICTION WHERE ORGANIZED FORM OF ORGANIZATION ------------- ---------------------------- -------------------------------------------------- ------------------ -------------------- Morgan Stanley Balanced Fund Massachusetts Xxxxxxss Massachusexxx Xxxiness trust Morgan Stanley California Tax-Free Massachusetts Xxxxxxss trust Income Fund Massachusexxx Xxxiness trust Morgan Stanley Convertible Securities Massachusetts Xxxxxxss Trust Massachusexxx Xxxiness trust Trust Morgan Stanley Dividend Growth Maryland Xxxxxxation Securities Inc. Maryland Xxxporation Morgan Stanley Equally-Weighted S&P Massachusetts Xxxxxxss trust 500 Fund Massachusexxx Xxxiness trust Morgan Stanley Fundamental Value Fund Massachusetts Xxxxxxss Massachusexxx Xxxiness trust Morgan Stanley FX Series Funds Massachusetts Xxxxxxss Massachusexxx Xxxiness trust Morgan Stanley Global Advantage Fund Massachusetts Xxxxxxss Massachusexxx Xxxiness trust Morgan Stanley Global Dividend Growth Massachusetts Xxxxxxss Securities Massachusexxx Xxxiness trust Securities Morgan Stanley Health Sciences Trust Massachusetts Xxxxxxss Massachusexxx Xxxiness trust Morgan Stanley High Yield Securities Inc. Maryland Xxxxxxation Inc. Xxxporation Morgan Stanley Institutional Fund, Inc. Maryland Xxxxxxation Inc. Xxxporation Morgan Stanley Institutional Fund Pennsylvania Xxxxxxss Trust Pennsylvanxx Xxxiness trust Trust Morgan Stanley Mid-Cap Value Fund Massachusetts Xxxxxxss Massachusexxx Xxxiness trust Morgan Stanley New York Tax-Free Massachusetts Xxxxxxss trust Income Fund Massachusexxx Xxxiness trust Morgan Stanley Pacific Growth Fund Inc. Maryland Xxxxxxation Inc. Xxxporation Morgan Stanley S&P 500 Index Fund Massachusetts Xxxxxxss Massachusexxx Xxxiness trust Morgan Stanley Select Dimensions Massachusetts Xxxxxxss trust Investment Series Massachusexxx Xxxiness trust Morgan Stanley Series Funds Massachusetts Xxxxxxss Massachusexxx Xxxiness trust Morgan Stanley Small-Mid Special Massachusetts Xxxxxxss trust Value Fund Massachusexxx Xxxiness trust Morgan Stanley Special Value Fund Massachusetts Xxxxxxss Massachusexxx Xxxiness trust Morgan Stanley Tax-Exempt Securities Massachusetts Xxxxxxss Trust Massachusexxx Xxxiness trust Trust Morgan Stanley Technology Fund Massachusetts Xxxxxxss Massachusexxx Xxxiness trust Morgan Stanley Value Fund Massachusetts Xxxxxxss Massachusexxx Xxxiness trust Morgan Stanley Variable Investment Massachusetts Xxxxxxss Series Massachusexxx Xxxiness trust Series The Universal Institutional Funds, Inc. Maryland Corporation Inc. Van Kampen Capital Growth Fund Delaware Xxatutory Statutory trust Van Kampen Comstock Fund Delaware Xxaxxxxxx xrust Xxxxxxxxy trust Van Kampen Corporate Bond Fund Delaware Xxatutory Statutory trust Van Kampen Enterprise Fund Delaware Xxatutory Statutory trust Van Kampen Equity and Income Fund Delaware Xxatutory Statutory trust Van Kampen Equity Trust Delaware Xxatutory Statutory trust Van Kampen Equity Trust II Delaware Xxatutory Statutory trust Van Kampen Government Securities Fund Delaware Xxatutory Statutory trust Van Kampen Growth and Income Fund Delaware Xxatutory Statutory trust Van Kampen Harbor Fund Delaware Xxatutory Statutory trust Van Kampen High Yield Fund Delaware Xxatutory Statutory trust Van Kampen Life Investment Trust Delaware Xxatutory Statutory trust Van Kampen Limited Duration Fund Delaware Xxatutory Statutory trust Van Kampen Pennsylvania Tax Free Pennsylvania Xxmmon Income Fund Pennsylvanxx Common law trust Income Fund Van Kampen Real Estate Securities Fund Delaware Xxatutory Statutory trust Van Kampen Series Fund, Inc. Maryland Xxrporation Corporation Van Kampen Tax-Exempt Trust Delaware Xxatutory Statutory trust Van Kampen Tax Free Trust Delaware Xxatutory Statutory trust Van Kampen Trust Delaware Xxatutory Statutory trust Van Kampen Trust II Delaware Xxatutory Statutory trust Van Kampen U.S. Government Trust Delaware Xxatutory Statutory trust SCHEDULE 1.2(C) EXCLUDED LIABILITIES None SCHEDULE 8.6 TAX OPINIONS With respect to each Reorganization:
(i) The acquisition by the Acquiring Fund of all of the assets of the Target Fund, as provided for in the Agreement, in exchange for Acquiring Fund shares and the assumption by the Acquiring Fund of all of the liabilities of the Target Fund, followed by the distribution by the Target Fund to its shareholders of the Acquiring Fund shares in complete liquidation of the Target Fund, will qualify as a reorganization within the meaning of Section 368(a)(1) of the Code, and the Target Fund and the Acquiring Fund each will be a "party to the reorganization" within the meaning of Section 368(b) of the Code.
(ii) No gain or loss will be recognized by the Target Fund upon the transfer of all of its assets to, and assumption of its liabilities by, the Acquiring Fund in exchange solely for Acquiring Fund shares pursuant to Section 361(a) and Section 357(a) of the Code.
(iii) No gain or loss will be recognized by the Acquiring Fund upon the receipt by it of all of the assets of the Target Fund in exchange solely for the assumption of the liabilities of the Target Fund and issuance of the Acquiring Fund shares pursuant to Section 1032(a) of the Code.
(iv) No gain or loss will be recognized by the Target Fund upon the distribution of the Acquiring Fund shares by the Target Fund to its shareholders in complete liquidation (in pursuance of the Agreement) pursuant to Section 361(c)(1) of the Code.
(v) The tax basis of the assets of the Target Fund received by the Acquiring Fund will be the same as the tax basis of such assets in the hands of the Target Fund immediately prior to the transfer pursuant to Section 362(b) of the Code.
(vi) The holding periods of the assets of the Target Fund in the hands of the Acquiring Fund will include the periods during which such assets were held by the Target Fund pursuant to Section 1223(2) of the Code.
(vii) No gain or loss will be recognized by the shareholders of the Target Fund upon the exchange of all of their Target Fund shares for the Acquiring Fund shares pursuant to Section 354(a) of the Code.
(viii) The aggregate tax basis of the Acquiring Fund shares to be received by each shareholder of the Target Fund will be the same as the aggregate tax basis of Target Fund shares exchanged therefor pursuant to Section 358(a)(1) of the Code.
(ix) The holding period of Acquiring Fund shares received by a shareholder of the Target Fund will include the holding period of the Target Fund shares exchanged therefor, provided that the shareholder held Target Fund shares as a capital asset on the date of the exchange pursuant to Section 1223(1) of the Code.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Aim Growth Series (Invesco Growth Series))
Global Value Equity Fund. Global Value Equity XxxxxxxxxEquitx Xxxxxxxxo, a series of The a series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. Government Fund, a series Van Kampen Life Invxxxxxxx Xxust Inxxxxxxxx Xrust Government of AIM Variable Xxxxxxxxx Funds Insxxxxxx Xxxds Portfolio, a series of Van Kampen Life Investment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. Growth and Income Fund, a Van Kampen Life Invxxxxxxx Xxust Inxxxxxxxx Xrust Growth and series of AIM Vaxxxxxx Xxxurance Variaxxx Xxxxxxnce Funds Income Portfolio, a series of Van Kampen Life Xxvestment Xxxxstment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. High Yield Fund, a series High Yield PortfolixPortfolxx, x xxxxxs xxxxes of The Universal of AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. International Growth International Growtx Growxx Xxxxxx XortfolioPortfolio, a series Equity Fund, a series of AIM Variable Insurance of The Universal Institutional Funds, Inc. Funds Series II Class II Invesco Van Kampen V.I. Mid Cap Growth Fund, a Van Kampen Life Invxxxxxxx Xxust Inxxxxxxxx Xrust Mid Cap Growth series of AIX Xxxxxxxx Insurance AIM Vxxxxxxx Xxsurance Funds Portfolio, a series of Van Kampen Life Investment Trust Series II Class II Invesco Van Kampen V.I. Mid Cap Value Fund, a U.S. Mid Cap Value Xxxxxxxxx, a series of The series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Series II Class II Invesco Van Kampen V.I. Value Fund, a series of Value Portfolio, a xxxxxx xx The Universal AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I EXHIBIT B ORGANIZATIONAL FORM AND JURISDICTIONS OF EACH TARGET ENTITY JURISDICTION WHERE FORM OF TARGET ENTITY JURISDICTION WHERE ORGANIZED FORM OF ORGANIZATION ------------- ---------------------------- -------------------- ------------------ ---------------- Morgan Stanley Balanced Fund Massachusetts Xxxxxxss trust Xxxxxxsx xxxxx Morgan Stanley California Tax-Free Massachusetts Xxxxxxss trust Xxxxxxsx xxxxx Income Fund Morgan Stanley Convertible Securities Massachusetts Xxxxxxss trust Xxxxxxsx xxxxx Trust Morgan Stanley Dividend Growth Maryland Xxxxxxation Securities Xxxxxxaxxxx Xxcurities Inc. Morgan Stanley Equally-Weighted S&P Massachusetts Xxxxxxss trust Xxxxxxsx xxxxx 500 Fund Morgan Stanley Fundamental Value Fund Massachusetts Xxxxxxss trust Xxxxxxsx xxxxx Morgan Stanley FX Series Funds Massachusetts Xxxxxxss trust Xxxxxxsx xxxxx Morgan Stanley Global Advantage Fund Massachusetts Xxxxxxss trust Xxxxxxsx xxxxx Morgan Stanley Global Dividend Growth Massachusetts Xxxxxxss trust Xxxxxxsx xxxxx Securities Morgan Stanley Health Sciences Trust Massachusetts Xxxxxxss trust Xxxxxxsx xxxxx Morgan Stanley High Yield Securities Maryland Xxxxxxation Inc. Xxxxxxaxxxx Xxc. Morgan Stanley Institutional Fund, Inc. Maryland Xxxxxxation Inc. Morgan Xxxxxxaxxxx Xxrgan Stanley Institutional Fund Trust Pennsylvania Xxxxxxss trust Trust Xxxxxxsx xxxxx Morgan Stanley Mid-Cap Value Fund Massachusetts Xxxxxxss trust Xxxxxxsx xxxxx Morgan Stanley New York Tax-Free Massachusetts Xxxxxxss trust Xxxxxxsx xxxxx Income Fund Morgan Stanley Pacific Growth Fund Inc. Maryland Xxxxxxation Inc. Morgan Xxxxxxaxxxx Xxrgan Stanley S&P 500 Index Fund Massachusetts Xxxxxxss trust Xxxxxxsx xxxxx Morgan Stanley Select Dimensions Massachusetts Xxxxxxss trust Xxxxxxsx xxxxx Investment Series Morgan Stanley Series Funds Massachusetts Xxxxxxss trust Xxxxxxsx xxxxx Morgan Stanley Small-Mid Special Value Massachusetts Xxxxxxss trust Value Xxxxxxsx xxxxx Fund Morgan Stanley Special Value Fund Massachusetts Xxxxxxss trust Xxxxxxsx xxxxx Morgan Stanley Tax-Exempt Securities Massachusetts Xxxxxxss trust Xxxxxxsx xxxxx Trust Morgan Stanley Technology Fund Massachusetts Xxxxxxss trust Xxxxxxsx xxxxx Morgan Stanley Value Fund Massachusetts Xxxxxxss trust Xxxxxxsx xxxxx Morgan Stanley Variable Investment Massachusetts Xxxxxxss trust Xxxxxxsx xxxxx Series The Universal Institutional Funds, Inc. Maryland Corporation Inc. Van Kampen Capital Growth Fund Delaware Xxatutory Xxxxxxxxx trust Van Kampen Comstock Fund Delaware Xxaxxxxxx xrust Van Xxxxxxxxx txxxx Xxx Kampen Corporate Bond Fund Delaware Xxatutory Xxxxxxxxx trust Van Kampen Enterprise Fund Delaware Xxatutory Xxxxxxxxx trust Van Kampen Equity and Income Fund Delaware Xxatutory Xxxxxxxxx trust Van Kampen Equity Trust Delaware Xxatutory Xxxxxxxxx trust Van Kampen Equity Trust II Delaware Xxatutory Xxxxxxxxx trust Van Kampen Government Securities Fund Delaware Xxatutory Xxxxxxxxx trust Van Kampen Growth and Income Fund Delaware Xxatutory Xxxxxxxxx trust Van Kampen Harbor Fund Delaware Xxatutory Xxxxxxxxx trust Van Kampen High Yield Fund Delaware Xxatutory Xxxxxxxxx trust Van Kampen Life Investment Trust Delaware Xxatutory Xxxxxxxxx trust Van Kampen Limited Duration Fund Delaware Xxatutory Xxxxxxxxx trust Van Kampen Pennsylvania Tax Free Pennsylvania Xxmmon law Xxxxxx xxx trust Income Fund Van Kampen Real Estate Securities Fund Delaware Xxatutory Xxxxxxxxx trust Van Kampen Series Fund, Inc. Maryland Xxrporation Xxxxxxxxxxn Van Kampen Tax-Exempt Trust Delaware Xxatutory Xxxxxxxxx trust Van Kampen Tax Free Trust Delaware Xxatutory Xxxxxxxxx trust Van Kampen Trust Delaware Xxatutory Xxxxxxxxx trust Van Kampen Trust II Delaware Xxatutory Xxxxxxxxx trust Van Kampen U.S. Government Trust Delaware Xxatutory Xxxxxxxxx trust SCHEDULE 1.2(C) EXCLUDED LIABILITIES None SCHEDULE 8.6 TAX OPINIONS With respect to each Reorganization:
(i) The acquisition by the Acquiring Fund of all of the assets of the Target Fund, as provided for in the Agreement, in exchange for Acquiring Fund shares and the assumption by the Acquiring Fund of all of the liabilities of the Target Fund, followed by the distribution by the Target Fund to its shareholders of the Acquiring Fund shares in complete liquidation of the Target Fund, will qualify as a reorganization within the meaning of Section 368(a)(1) of the Code, and the Target Fund and the Acquiring Fund each will be a "party to the reorganization" within the meaning of Section 368(b) of the Code.
(ii) No gain or loss will be recognized by the Target Fund upon the transfer of all of its assets to, and assumption of its liabilities by, the Acquiring Fund in exchange solely for Acquiring Fund shares pursuant to Section 361(a) and Section 357(a) of the Code.
(iii) No gain or loss will be recognized by the Acquiring Fund upon the receipt by it of all of the assets of the Target Fund in exchange solely for the assumption of the liabilities of the Target Fund and issuance of the Acquiring Fund shares pursuant to Section 1032(a) of the Code.
(iv) No gain or loss will be recognized by the Target Fund upon the distribution of the Acquiring Fund shares by the Target Fund to its shareholders in complete liquidation (in pursuance of the Agreement) pursuant to Section 361(c)(1) of the Code.
(v) The tax basis of the assets of the Target Fund received by the Acquiring Fund will be the same as the tax basis of such assets in the hands of the Target Fund immediately prior to the transfer pursuant to Section 362(b) of the Code.
(vi) The holding periods of the assets of the Target Fund in the hands of the Acquiring Fund will include the periods during which such assets were held by the Target Fund pursuant to Section 1223(2) of the Code.
(vii) No gain or loss will be recognized by the shareholders of the Target Fund upon the exchange of all of their Target Fund shares for the Acquiring Fund shares pursuant to Section 354(a) of the Code.
(viii) The aggregate tax basis of the Acquiring Fund shares to be received by each shareholder of the Target Fund will be the same as the aggregate tax basis of Target Fund shares exchanged therefor pursuant to Section 358(a)(1) of the Code.
(ix) The holding period of Acquiring Fund shares received by a shareholder of the Target Fund will include the holding period of the Target Fund shares exchanged therefor, provided that the shareholder held Target Fund shares as a capital asset on the date of the exchange pursuant to Section 1223(1) of the Code.
Appears in 1 contract
Samples: Reorganization Agreement (Aim Sector Funds (Invesco Sector Funds))
Global Value Equity Fund. Global Value Equity XxxxxxxxxVaxxx Xxxxxx Portfolio, a series of The a series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. Government Fund, a series Van Kampen Life Invxxxxxxx Xxust Kampex Xxxx Xxxestment Trust Government of AIM Variable Xxxxxxxxx Funds Portfolio, a series of Van Kampen Life Investment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. Growth and Income Fund, a Van Kampen Life Invxxxxxxx Xxust Kampex Xxxx Xxxestment Trust Growth and series of AIM Vaxxxxxx Xxxurance Funds Income Portfolio, a series of Van Kampen Life Xxvestment Investment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. High Yield Fund, a series High Yield PortfolixYielx Xxxxxxxxo, x xxxxxs a series of The Universal of AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. International Growth International Growtx Xxxxxx XortfolioInternatixxxx Xxxxxh Equity Portfolio, a series Equity Fund, a series of AIM Variable Insurance of The Universal Institutional Funds, Inc. Funds Series II Class II Invesco Van Kampen V.I. Mid Cap Growth Fund, a Van Kampen Life Invxxxxxxx Xxust Kampex Xxxx Xxxestment Trust Mid Cap Growth series of AIX Xxxxxxxx Insurance Funds Portfolio, a series of Van Kampen Life Investment Trust Series II Class II Invesco Van Kampen V.I. Mid Cap Value Fund, a U.S. Mid Cap Value XxxxxxxxxXxx Xxxxx Portfolio, a series of The series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Series II Class II Invesco Van Kampen V.I. Value Fund, a series of Value PortfolioPorxxxxxx, a xxxxxx xx x series of The Universal AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I EXHIBIT B ORGANIZATIONAL FORM AND JURISDICTIONS OF EACH TARGET ENTITY TARGET ENTITY JURISDICTION WHERE ORGANIZED FORM OF ORGANIZATION ------------- ---------------------------------------------- ---------------------------- -------------------- Morgan Stanley Balanced Fund Massachusetts Xxxxxxss Business trust Morgan Stanley California Tax-Free Massachusetts Xxxxxxss trust Income Fund Massachusetts Business trust Morgan Stanley Convertible Securities Trust Massachusetts Xxxxxxss Business trust Trust Morgan Stanley Dividend Growth Maryland Xxxxxxation Securities Inc. Maryland Corporation Morgan Stanley Equally-Weighted S&P Massachusetts Xxxxxxss trust 500 Fund Massachusetts Business trust Morgan Stanley Fundamental Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley FX Series Funds Massachusetts Xxxxxxss Business trust Morgan Stanley Global Advantage Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Global Dividend Growth Securities Massachusetts Xxxxxxss Business trust Securities Morgan Stanley Health Sciences Trust Massachusetts Xxxxxxss Business trust Morgan Stanley High Yield Securities Inc. Maryland Xxxxxxation Inc. Corporation Morgan Stanley Institutional Fund, Inc. Maryland Xxxxxxation Inc. Corporation Morgan Stanley Institutional Fund Trust Pennsylvania Xxxxxxss Business trust Trust Morgan Stanley Mid-Cap Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley New York Tax-Free Massachusetts Xxxxxxss trust Income Fund Massachusetts Business trust Morgan Stanley Pacific Growth Fund Inc. Maryland Xxxxxxation Inc. Corporation Morgan Stanley S&P 500 Index Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Select Dimensions Massachusetts Xxxxxxss trust Investment Series Massachusetts Business trust Morgan Stanley Series Funds Massachusetts Xxxxxxss Business trust Morgan Stanley Small-Mid Special Massachusetts Xxxxxxss trust Value Fund Massachusetts Business trust Morgan Stanley Special Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Tax-Exempt Securities Trust Massachusetts Xxxxxxss Business trust Trust Morgan Stanley Technology Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Variable Investment Series Massachusetts Xxxxxxss Business trust Series The Universal Institutional Funds, Inc. Maryland Corporation Inc. Van Kampen Capital Growth Fund Delaware Xxatutory Statutory trust Van Kampen Comstock Fund Delaware Xxaxxxxxx xrust Xxatutory trust Van Kampen Corporate Bond Fund Delaware Xxatutory Statutory trust Van Kampen Enterprise Fund Delaware Xxatutory Statutory trust Van Kampen Equity and Income Fund Delaware Xxatutory Statutory trust Van Kampen Equity Trust Delaware Xxatutory Statutory trust Van Kampen Equity Trust II Delaware Xxatutory Statutory trust Van Kampen Government Securities Fund Delaware Xxatutory Statutory trust Van Kampen Growth and Income Fund Delaware Xxatutory Statutory trust Van Kampen Harbor Fund Delaware Xxatutory Statutory trust Van Kampen High Yield Fund Delaware Xxatutory Statutory trust Van Kampen Life Investment Trust Delaware Xxatutory Statutory trust Van Kampen Limited Duration Fund Delaware Xxatutory Statutory trust Van Kampen Pennsylvania Tax Free Income Fund Pennsylvania Xxmmon Common law trust Income Fund Van Kampen Real Estate Securities Fund Delaware Xxatutory Statutory trust Van Kampen Series Fund, Inc. Maryland Xxrporation Corporation Van Kampen Tax-Exempt Trust Delaware Xxatutory Statutory trust Van Kampen Tax Free Trust Delaware Xxatutory Statutory trust Van Kampen Trust Delaware Xxatutory Statutory trust Van Kampen Trust II Delaware Xxatutory Statutory trust Van Kampen U.S. Government Trust Delaware Xxatutory Statutory trust SCHEDULE 1.2(C) EXCLUDED LIABILITIES None SCHEDULE 8.6 TAX OPINIONS With respect to each Reorganization:
(i) The acquisition by the Acquiring Fund of all of the assets of the Target Fund, as provided for in the Agreement, in exchange for Acquiring Fund shares and the assumption by the Acquiring Fund of all of the liabilities of the Target Fund, followed by the distribution by the Target Fund to its shareholders of the Acquiring Fund shares in complete liquidation of the Target Fund, will qualify as a reorganization within the meaning of Section 368(a)(1) of the Code, and the Target Fund and the Acquiring Fund each will be a "party to the reorganization" within the meaning of Section 368(b) of the Code.
(ii) No gain or loss will be recognized by the Target Fund upon the transfer of all of its assets to, and assumption of its liabilities by, the Acquiring Fund in exchange solely for Acquiring Fund shares pursuant to Section 361(a) and Section 357(a) of the Code.
(iii) No gain or loss will be recognized by the Acquiring Fund upon the receipt by it of all of the assets of the Target Fund in exchange solely for the assumption of the liabilities of the Target Fund and issuance of the Acquiring Fund shares pursuant to Section 1032(a) of the Code.
(iv) No gain or loss will be recognized by the Target Fund upon the distribution of the Acquiring Fund shares by the Target Fund to its shareholders in complete liquidation (in pursuance of the Agreement) pursuant to Section 361(c)(1) of the Code.
(v) The tax basis of the assets of the Target Fund received by the Acquiring Fund will be the same as the tax basis of such assets in the hands of the Target Fund immediately prior to the transfer pursuant to Section 362(b) of the Code.
(vi) The holding periods of the assets of the Target Fund in the hands of the Acquiring Fund will include the periods during which such assets were held by the Target Fund pursuant to Section 1223(2) of the Code.
(vii) No gain or loss will be recognized by the shareholders of the Target Fund upon the exchange of all of their Target Fund shares for the Acquiring Fund shares pursuant to Section 354(a) of the Code.
(viii) The aggregate tax basis of the Acquiring Fund shares to be received by each shareholder of the Target Fund will be the same as the aggregate tax basis of Target Fund Shares exchanged therefor pursuant to Section 358(a)(1) of the Code.
(ix) The holding period of Acquiring Fund shares received by a shareholder of the Target Fund will include the holding period of the Target Fund shares exchanged therefor, provided that the shareholder held Target Fund shares as a capital asset on the date of the exchange pursuant to Section 1223(1) of the Code.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Aim Counselor Series Trust (Invesco Counselor Series Trust))
Global Value Equity Fund. Global Value Equity XxxxxxxxxXxxxxx Xxrtfolio, a series of The a series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. Government Fund, a series Van Kampen Life Invxxxxxxx Xxust Lxxx Xxxxxxment Trust Government of AIM Variable Xxxxxxxxx Funds Portfolio, a series of Van Kampen Life Investment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. Growth and Income Fund, a Van Kampen Life Invxxxxxxx Xxust Lxxx Xxxxxxment Trust Growth and series of AIM Vaxxxxxx Xxxurance Funds Income Portfolio, a series of Van Kampen Life Xxvestment Investment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. High Yield Fund, a series High Yield PortfolixPxxxxxxxx, x xxxxxs a series of The Universal of AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. International Growth International Growtx Internationax Xxxxxx XortfolioXquity Portfolio, a series Equity Fund, a series of AIM Variable Insurance of The Universal Institutional Funds, Inc. Funds Series II Class II Invesco Van Kampen V.I. Mid Cap Growth Fund, a Van Kampen Life Invxxxxxxx Xxust Lxxx Xxxxxxment Trust Mid Cap Growth series of AIX Xxxxxxxx Insurance Funds Portfolio, a series of Van Kampen Life Investment Trust Series II Class II Invesco Van Kampen V.I. Mid Cap Value Fund, a U.S. Mid Cap Value XxxxxxxxxXxxxx Xxxtfolio, a series of The series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Series II Class II Invesco Van Kampen V.I. Value Fund, a series of Value PortfolioPortfoxxx, a xxxxxx xx x xxxies of The Universal AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I EXHIBIT B ORGANIZATIONAL FORM AND JURISDICTIONS OF EACH TARGET ENTITY TARGET ENTITY JURISDICTION WHERE ORGANIZED FORM OF ORGANIZATION ------------- --------------------------------------- ---------------------------- -------------------- Morgan Stanley Balanced Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley California Tax-Free Massachusetts Xxxxxxss Xxxxness trust Income Fund Morgan Stanley Convertible Securities Massachusetts Xxxxxxss Xxxxness trust Trust Morgan Stanley Dividend Growth Maryland Xxxxxxation Xxxxoration Securities Inc. Morgan Stanley Equally-Weighted S&P Massachusetts Xxxxxxss Xxxxness trust 500 Fund Morgan Stanley Fundamental Value Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley FX Series Funds Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Global Advantage Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Global Dividend Growth Massachusetts Xxxxxxss Xxxxness trust Securities Morgan Stanley Health Sciences Trust Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley High Yield Securities Maryland Xxxxxxation Xxxxoration Inc. Morgan Stanley Institutional Fund, Inc. Maryland Xxxxxxation Inc. Xxxxoration Morgan Stanley Institutional Fund Trust Pennsylvania Xxxxxxss Xxxxness trust Trust Morgan Stanley Mid-Cap Value Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley New York Tax-Free Massachusetts Xxxxxxss Xxxxness trust Income Fund Morgan Stanley Pacific Growth Fund Inc. Maryland Xxxxxxation Inc. Xxxxoration Morgan Stanley S&P 500 Index Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Select Dimensions Massachusetts Xxxxxxss Xxxxness trust Investment Series Morgan Stanley Series Funds Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Small-Mid Special Value Massachusetts Xxxxxxss Xxxxness trust Value Fund Morgan Stanley Special Value Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Tax-Exempt Securities Massachusetts Xxxxxxss Xxxxness trust Trust Morgan Stanley Technology Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Value Fund Massachusetts Xxxxxxss Xxxxness trust Morgan Stanley Variable Investment Massachusetts Xxxxxxss Xxxxness trust Series The Universal Institutional Funds, Inc. Maryland Corporation Inc. Van Kampen Capital Growth Fund Delaware Xxatutory Statutory trust Van Kampen Comstock Fund Delaware Xxaxxxxxx xrust Sxxxxxxxx trust Van Kampen Corporate Bond Fund Delaware Xxatutory Statutory trust Van Kampen Enterprise Fund Delaware Xxatutory Statutory trust Van Kampen Equity and Income Fund Delaware Xxatutory Statutory trust Van Kampen Equity Trust Delaware Xxatutory Statutory trust Van Kampen Equity Trust II Delaware Xxatutory Statutory trust Van Kampen Government Securities Fund Delaware Xxatutory Statutory trust Van Kampen Growth and Income Fund Delaware Xxatutory Statutory trust Van Kampen Harbor Fund Delaware Xxatutory Statutory trust Van Kampen High Yield Fund Delaware Xxatutory Statutory trust Van Kampen Life Investment Trust Delaware Xxatutory Statutory trust Van Kampen Limited Duration Fund Delaware Xxatutory Statutory trust Van Kampen Pennsylvania Tax Free Pennsylvania Xxmmon Common law trust Income Fund Van Kampen Real Estate Securities Fund Delaware Xxatutory Statutory trust Van Kampen Series Fund, Inc. Maryland Xxrporation Corporation Van Kampen Tax-Exempt Trust Delaware Xxatutory Statutory trust Van Kampen Tax Free Trust Delaware Xxatutory Statutory trust Van Kampen Trust Delaware Xxatutory Statutory trust Van Kampen Trust II Delaware Xxatutory Statutory trust Van Kampen U.S. Government Trust Delaware Xxatutory Statutory trust SCHEDULE 1.2(C) EXCLUDED LIABILITIES None SCHEDULE 8.6 TAX OPINIONS With respect to each Reorganization:
(i) The acquisition by the Acquiring Fund of all of the assets of the Target Fund, as provided for in the Agreement, in exchange for Acquiring Fund shares and the assumption by the Acquiring Fund of all of the liabilities of the Target Fund, followed by the distribution by the Target Fund to its shareholders of the Acquiring Fund shares in complete liquidation of the Target Fund, will qualify as a reorganization within the meaning of Section 368(a)(1) of the Code, and the Target Fund and the Acquiring Fund each will be a "party to the reorganization" within the meaning of Section 368(b) of the Code.
(ii) No gain or loss will be recognized by the Target Fund upon the transfer of all of its assets to, and assumption of its liabilities by, the Acquiring Fund in exchange solely for Acquiring Fund shares pursuant to Section 361(a) and Section 357(a) of the Code.
(iii) No gain or loss will be recognized by the Acquiring Fund upon the receipt by it of all of the assets of the Target Fund in exchange solely for the assumption of the liabilities of the Target Fund and issuance of the Acquiring Fund shares pursuant to Section 1032(a) of the Code.
(iv) No gain or loss will be recognized by the Target Fund upon the distribution of the Acquiring Fund shares by the Target Fund to its shareholders in complete liquidation (in pursuance of the Agreement) pursuant to Section 361(c)(1) of the Code.
(v) The tax basis of the assets of the Target Fund received by the Acquiring Fund will be the same as the tax basis of such assets in the hands of the Target Fund immediately prior to the transfer pursuant to Section 362(b) of the Code.
(vi) The holding periods of the assets of the Target Fund in the hands of the Acquiring Fund will include the periods during which such assets were held by the Target Fund pursuant to Section 1223(2) of the Code.
(vii) No gain or loss will be recognized by the shareholders of the Target Fund upon the exchange of all of their Target Fund shares for the Acquiring Fund shares pursuant to Section 354(a) of the Code.
(viii) The aggregate tax basis of the Acquiring Fund shares to be received by each shareholder of the Target Fund will be the same as the aggregate tax basis of Target Fund shares exchanged therefor pursuant to Section 358(a)(1) of the Code.
(ix) The holding period of Acquiring Fund shares received by a shareholder of the Target Fund will include the holding period of the Target Fund shares exchanged therefor, provided that the shareholder held Target Fund shares as a capital asset on the date of the exchange pursuant to Section 1223(1) of the Code.
Appears in 1 contract
Global Value Equity Fund. a series Global Value Equity XxxxxxxxxPortfolio, a series of The Universal of AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Xxx Xxxxxx V.I. Government Fund, a series of AIM Xxx Xxxxxx Life Investment Trust Government Portfolio, a Variable Insurance Funds series of Xxx Xxxxxx Life Investment Trust Series I Class I Series II Class II Invesco Xxx Xxxxxx V.I. Growth and Income Fund, a series Xxx Xxxxxx Life Investment Trust Growth and Income of AIM Variable Insurance Funds Portfolio, a series of Xxx Xxxxxx Life Investment Trust Series I Class I Series II Class II Invesco Xxx Xxxxxx V.I. High Yield Fund, a series of AIM High Yield Portfolio, a series of The Universal Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Xxx Xxxxxx V.I. International Growth Equity Fund, International Growth Equity Portfolio, a series of The a series of AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. Government Fund, a series Van Kampen Life Invxxxxxxx Xxust Government of AIM Variable Xxxxxxxxx Funds Portfolio, a series of Van Kampen Life Investment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. Growth and Income Fund, a Van Kampen Life Invxxxxxxx Xxust Growth and series of AIM Vaxxxxxx Xxxurance Funds Income Portfolio, a series of Van Kampen Life Xxvestment Trust Series I Class I Series II Class II Invesco Van Kampen V.I. High Yield Fund, a series High Yield Portfolix, x xxxxxs of The Universal of AIM Variable Insurance Funds Institutional Funds, Inc. Series I Class I Invesco Van Kampen V.I. International Growth International Growtx Xxx Xxxxxx Xortfolio, a series Equity Fund, a series of AIM Variable Insurance of The Universal Institutional Funds, Inc. Funds Series II Class II Invesco Van Kampen V.I. Mid Cap Growth Fund, a Van Kampen series of Xxx Xxxxxx Life Invxxxxxxx Xxust Investment Trust Mid Cap Growth series of AIX Xxxxxxxx AIM Variable Insurance Funds Portfolio, a series of Van Kampen Xxx Xxxxxx Life Investment Trust Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Mid Cap Value Fund, a series of U.S. Mid Cap Value XxxxxxxxxPortfolio, a series of The series of Universal AIM Variable Insurance Funds Universal Institutional Funds, Inc. Series I Class I Series II Class II Invesco Van Kampen Xxx Xxxxxx V.I. Value Fund, a series of AIM Value Portfolio, a xxxxxx xx series of The Universal AIM Institutional Variable Insurance Funds Institutional Funds, Inc. Series I Class I EXHIBIT B ORGANIZATIONAL FORM AND JURISDICTIONS OF EACH TARGET ENTITY TARGET ENTITY JURISDICTION WHERE ORGANIZED FORM OF ORGANIZATION ------------- ---------------------------- -------------------- Morgan Stanley Xxxxxx Xxxxxxx Balanced Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx California Tax-Free Massachusetts Xxxxxxss trust Income Fund Morgan Stanley Massachusetts Business trust Xxxxxx Xxxxxxx Convertible Securities Trust Massachusetts Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Dividend Growth Maryland Xxxxxxation Securities Inc. Morgan Stanley Maryland Corporation Xxxxxx Xxxxxxx Equally-Weighted S&P Massachusetts Xxxxxxss trust 500 Fund Morgan Stanley Massachusetts Business trust Xxxxxx Xxxxxxx Fundamental Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx FX Series Funds Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Global Advantage Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Global Dividend Growth Massachusetts Xxxxxxss Business trust Securities Morgan Stanley Xxxxxx Xxxxxxx Health Sciences Trust Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx High Yield Securities Inc. Maryland Xxxxxxation Inc. Morgan Stanley Corporation Xxxxxx Xxxxxxx Institutional Fund, Inc. Maryland Xxxxxxation Inc. Morgan Stanley Corporation Xxxxxx Xxxxxxx Institutional Fund Trust Pennsylvania Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Mid-Cap Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx New York Tax-Free Massachusetts Xxxxxxss trust Income Fund Morgan Stanley Massachusetts Business trust Xxxxxx Xxxxxxx Pacific Growth Fund Inc. Maryland Xxxxxxation Inc. Morgan Stanley Corporation Xxxxxx Xxxxxxx S&P 500 Index Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Select Dimensions Investment Massachusetts Xxxxxxss Business trust Investment Series Morgan Stanley Xxxxxx Xxxxxxx Series Funds Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Small-Mid Special Massachusetts Xxxxxxss trust Value Fund Morgan Stanley Massachusetts Business trust Xxxxxx Xxxxxxx Special Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Tax-Exempt Securities Trust Massachusetts Xxxxxxss Business trust Trust Morgan Stanley Xxxxxx Xxxxxxx Technology Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Value Fund Massachusetts Xxxxxxss Business trust Morgan Stanley Xxxxxx Xxxxxxx Variable Investment Series Massachusetts Xxxxxxss Business trust Series The Universal Institutional Funds, Inc. Maryland Corporation Inc. Van Kampen Xxx Xxxxxx Capital Growth Fund Delaware Xxatutory Statutory trust Van Kampen Comstock Xxx Xxxxxx Xxxxxxxx Fund Delaware Xxaxxxxxx xrust Van Kampen Statutory trust Xxx Xxxxxx Corporate Bond Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Enterprise Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity and Income Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Equity Trust II Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Government Securities Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Growth and Income Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Harbor Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx High Yield Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Life Investment Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Limited Duration Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Pennsylvania Tax Free Income Fund Pennsylvania Xxmmon Common law trust Income Fund Van Kampen Xxx Xxxxxx Real Estate Securities Fund Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Series Fund, Inc. Maryland Xxrporation Van Kampen Corporation Xxx Xxxxxx Tax-Exempt Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Tax Free Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Trust Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx Trust II Delaware Xxatutory Statutory trust Van Kampen Xxx Xxxxxx U.S. Government Trust Delaware Xxatutory Statutory trust SCHEDULE 1.2(C) EXCLUDED LIABILITIES None SCHEDULE 8.6 TAX OPINIONS With respect to each Reorganization:
(i) The acquisition by the Acquiring Fund of all of the assets of the Target Fund, as provided for in the Agreement, in exchange for Acquiring Fund shares and the assumption by the Acquiring Fund of all of the liabilities of the Target Fund, followed by the distribution by the Target Fund to its shareholders of the Acquiring Fund shares in complete liquidation of the Target Fund, will qualify as a reorganization within the meaning of Section 368(a)(1) of the Code, and the Target Fund and the Acquiring Fund each will be a "party to the reorganization" within the meaning of Section 368(b) of the Code.
(ii) No gain or loss will be recognized by the Target Fund upon the transfer of all of its assets to, and assumption of its liabilities by, the Acquiring Fund in exchange solely for Acquiring Fund shares pursuant to Section 361(a) and Section 357(a) of the Code.
(iii) No gain or loss will be recognized by the Acquiring Fund upon the receipt by it of all of the assets of the Target Fund in exchange solely for the assumption of the liabilities of the Target Fund and issuance of the Acquiring Fund shares pursuant to Section 1032(a) of the Code.
(iv) No gain or loss will be recognized by the Target Fund upon the distribution of the Acquiring Fund shares by the Target Fund to its shareholders in complete liquidation (in pursuance of the Agreement) pursuant to Section 361(c)(1) of the Code.
(v) The tax basis of the assets of the Target Fund received by the Acquiring Fund will be the same as the tax basis of such assets in the hands of the Target Fund immediately prior to the transfer pursuant to Section 362(b) of the Code.
(vi) The holding periods of the assets of the Target Fund in the hands of the Acquiring Fund will include the periods during which such assets were held by the Target Fund pursuant to Section 1223(2) of the Code.
(vii) No gain or loss will be recognized by the shareholders of the Target Fund upon the exchange of all of their Target Fund shares for the Acquiring Fund shares pursuant to Section 354(a) of the Code.
(viii) The aggregate tax basis of the Acquiring Fund shares to be received by each shareholder of the Target Fund will be the same as the aggregate tax basis of Target Fund Shares exchanged therefor pursuant to Section 358(a)(1) of the Code.
(ix) The holding period of Acquiring Fund shares received by a shareholder of the Target Fund will include the holding period of the Target Fund shares exchanged therefor, provided that the shareholder held Target Fund shares as a capital asset on the date of the exchange pursuant to Section 1223(1) of the Code.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Aim Sector Funds (Invesco Sector Funds))
