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 have been duly authorized and upon consummation of the Reorganization will be validly issued, fully paid and nonassessable.

Appears in 5 contracts

Samples: Form of Agreement and Plan of Reorganization (Sti Classic Funds), Agreement and Plan of Reorganization and Liquidation (Mas Funds /Ma/), Form of Agreement and Plan of Reorganization (Sti Classic Funds)

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Shares to be Issued Upon Reorganization. The Acquiring Fund Shares to be issued in connection with the Reorganization have been duly authorized and upon consummation of the Reorganization will be validly issued, fully paid and nonassessable. Prior to the Effective Time, there shall be no issued and outstanding Acquiring Fund Shares or any other securities issued by the Acquiring Fund.

Appears in 2 contracts

Samples: Form of Agreement and Plan of Reorganization and Liquidation (Alpha Select Funds), Agreement and Plan of Reorganization and Liquidation (Tip Funds)

Shares to be Issued Upon Reorganization. The Acquiring Fund Funds Shares to --------------------------------------- be issued in connection with the Reorganization have been duly authorized and upon consummation of the Reorganization will be validly issued, fully paid and nonassessablenon-assessable. Prior to the Effective Time, there shall be no issued and outstanding Acquiring Funds Shares or any other securities issued by the Acquiring Funds.

Appears in 2 contracts

Samples: Form of Agreement (Uam Funds Inc), Form of Agreement (Uam Funds Inc)

Shares to be Issued Upon Reorganization. The Acquiring Fund --------------------------------------- Shares to be issued by the Acquiring Fund in connection with the Reorganization have been duly authorized and upon consummation of the Reorganization will be validly issued, fully paid and nonassessablenon- assessable. Prior to the Effective Time, there shall be no issued and outstanding Acquiring Fund Shares or any other securities issued by the Acquiring Fund.

Appears in 1 contract

Samples: Form of Agreement (Uam Funds Inc)

Shares to be Issued Upon Reorganization. The Acquiring Fund Shares to be issued in connection with the Reorganization have been duly authorized and upon consummation of the Reorganization will be validly issued, fully paid and nonassessablenon-assessable.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Ultra Series Fund)

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Shares to be Issued Upon Reorganization. The Acquiring Fund Funds Shares to be issued in connection with the Reorganization have been duly authorized and upon consummation of the Reorganization will be validly issued, fully paid and nonassessable.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization and Liquidation (Mas Funds /Ma/)

Shares to be Issued Upon Reorganization. The Acquiring Fund Shares to be issued in connection with the Reorganization have been duly authorized and upon consummation of the Reorganization will be validly issued, fully paid and nonassessablenon-assessable. Prior to the Effective Time, there shall be no issued and outstanding Acquiring Fund Shares or any other securities issued by the Acquiring Fund.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization and Liquidation (Invesco Counselor Series Funds Inc)

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