Common use of OPERATION IN ORDINARY COURSE Clause in Contracts

OPERATION IN ORDINARY COURSE. Subject to Sections 1.2 and 7.3, each of the Acquiring Fund and the Target Fund will operate its respective business in the ordinary course between the date of this Agreement and the Closing, it being understood that such ordinary course of business will include customary dividends and distributions, any other distribution necessary or desirable to avoid federal income or excise taxes, and shareholder purchases and redemptions.

OPERATION IN ORDINARY COURSE. Subject to Sections 1.2 and 7.38.5, each of the Acquiring Fund and the Target Fund will operate its respective business in the ordinary course between the date of this Agreement and the ClosingClosing Date, it being understood that such ordinary course of business will include customary dividends and distributions, any other distribution necessary or desirable to avoid federal income or excise taxes, and shareholder purchases and redemptions.

OPERATION IN ORDINARY COURSE. Subject to Sections 1.2 and 7.3, each of the The Acquiring Fund and the Target Fund each will operate its respective business in the ordinary course between the date of this Agreement and the ClosingClosing Date, it being understood that such ordinary course of business will include purchases and redemptions of shares, customary dividends and distributions, distributions and any other distribution distributions necessary or desirable to avoid federal income or excise taxes, and shareholder purchases and redemptions.

OPERATION IN ORDINARY COURSE. Subject to Sections 1.2 and 7.38.5, each of the Acquiring Fund and the Target Fund will operate its their respective business businesses in the ordinary course between from the date of this Agreement and through the Closing, it being understood with respect to each Fund that such ordinary course of business will include customary dividends and distributions, distributions and any other distribution distributions necessary or desirable to avoid federal income or excise taxes, and shareholder purchases and redemptions.

OPERATION IN ORDINARY COURSE. Subject to Sections 1.2 and 7.3, each of the Acquiring Fund and the Target Fund will operate its respective business in the ordinary course between the date of this Agreement and the Closing, it being understood that such ordinary course of business will include customary dividends and distributions, any other distribution necessary or desirable to avoid federal income or excise taxes, and shareholder purchases and redemptions.