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

Shares to be Issued Upon Reorganization. The Acquiring Fund Shares to be issued in connection with the Reorganization will be duly authorized and upon consummation of the Reorganization will be validly issued, fully paid and non-assessable (except as disclosed in the Acquiring Fund’s prospectus and recognizing that under Massachusetts law, shareholders of a series of JHVIT could, under certain circumstances, be held personally liable for the obligations of such series).

Appears in 15 contracts

Samples: Agreement and Plan of Reorganization (John Hancock Variable Insurance Trust), Agreement and Plan of Reorganization (John Hancock Variable Insurance Trust), Agreement and Plan of Reorganization (John Hancock Variable Insurance Trust)

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Shares to be Issued Upon Reorganization. The Acquiring Fund Shares to be issued in connection with the Reorganization will be duly authorized and upon consummation of the Reorganization will be validly issued, fully paid and non-assessable (except as disclosed in the Acquiring Fund’s prospectus and recognizing that under Massachusetts law, shareholders of a series Fund of JHVIT JHT could, under certain circumstances, be held personally liable for the obligations of such seriesFund).

Appears in 6 contracts

Samples: Agreement and Plan of Reorganization (John Hancock Trust), Agreement and Plan of Reorganization (John Hancock Trust), Agreement and Plan of Reorganization (John Hancock Trust)

Shares to be Issued Upon Reorganization. The Acquiring Fund Shares to be issued in connection with the Reorganization will be duly authorized and upon consummation of the Reorganization will be validly issued, fully paid and non-assessable (except as disclosed in the Acquiring Fund’s 's prospectus and recognizing that under Massachusetts law, shareholders of a series Fund of JHVIT could, under certain circumstances, be held personally liable for the obligations of such seriesFund).

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (John Hancock Variable Insurance Trust), Agreement and Plan of Reorganization (John Hancock Variable Insurance Trust)

Shares to be Issued Upon Reorganization. The Acquiring Fund Shares to be issued in connection with the Reorganization will be duly authorized and upon consummation of the Reorganization will be validly issued, fully paid and non-assessable (except as disclosed in the Acquiring Fund’s prospectus and recognizing that under Massachusetts law, shareholders of a series of JHVIT JHT could, under certain circumstances, be held personally liable for the obligations of such series).

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (John Hancock Variable Insurance Trust)

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Shares to be Issued Upon Reorganization. The Acquiring Fund Shares to be issued in connection with the Reorganization will be duly authorized and upon consummation of the Reorganization will be validly issued, fully paid and non-non- assessable (except as disclosed in the Acquiring Fund’s 's prospectus and recognizing that under Massachusetts law, law shareholders of a series Fund of JHVIT JHT could, under certain circumstances, be held personally liable for the obligations of such seriesFund).

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (John Hancock Trust)

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