Common use of Shares to be Issued Upon Reorganization Clause in Contracts

Shares to be Issued Upon Reorganization. The shares to be issued in connection with the Reorganization will be duly authorized and, at the time of the Closing, will be validly issued, fully paid and non-assessable.

Appears in 59 contracts

Samples: Agreement and Plan of Reorganization (Riversource Equity Series Inc), Agreement and Plan of Reorganization (Riversource Investment Series, Inc.), Agreement and Plan of Reorganization (Riversource Strategy Series, Inc.)

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Shares to be Issued Upon Reorganization. The shares of beneficial interest to be issued in connection with the Reorganization will be duly authorized and, at the time of the Closing, will be validly issued, fully paid paid, and non-assessable.

Appears in 8 contracts

Samples: Agreement and Plan of Reorganization (Securian Funds Trust), Agreement and Plan of Reorganization (Allianz Variable Insurance Products Trust), Agreement and Plan of Reorganization (Allianz Variable Insurance Products Trust)

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