SHARES TO BE ISSUED. The number of the Acquiring Fund Shares of each class to be issued (including fractional shares, if any) in exchange for the Selling Fund's assets shall be determined by multiplying the shares outstanding of each class of the Selling Fund by the ratio computed by dividing the net asset value per share of the Selling Fund attributable to each of its classes by the net asset value per share of the respective classes of the Acquiring Fund determined in accordance with paragraph 2.2.
Appears in 8 contracts
Samples: Reorganization Agreement (Evergreen Money Market Trust), Agreement and Plan of Reorganization (Evergreen Investment Trust), Agreement and Plan of Reorganization (Evergreen Municipal Trust)
SHARES TO BE ISSUED. The number of the each class of Acquiring Fund Shares of each class to be issued (including fractional shares, if any) in exchange for the Selling Fund's assets Acquired Fund?s assets, shall be determined by (a) multiplying the shares outstanding of each class of the Selling Acquired Fund Shares by (b) the ratio computed by (x) dividing the net asset value per share of the Selling such class of Acquired Fund attributable to each of its classes Shares determined in accordance with paragraph 2.1 by (y) the net asset value per share of the respective classes corresponding class of the Acquiring Fund Shares determined in accordance with paragraph 2.22.
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (Federated Insurance Series), Agreement and Plan of Reorganization (Federated Investment Series Funds Inc), Agreement and Plan of Reorganization (Federated Total Return Series Inc)
SHARES TO BE ISSUED. The number of each class of the Acquiring Fund Shares of each class to be issued (including fractional shares, if any) in exchange for the Selling Acquired Fund's assets ’s assets, shall be determined by multiplying (a) the shares outstanding of each class of the Selling Acquired Fund Shares by (b) the ratio computed by dividing (x) the net asset value per share of such class of Acquired Fund Shares by (y) the net asset value per share of the Selling Fund attributable to each corresponding class of its classes by the net asset value per share of the respective classes of the Acquiring Fund Shares determined in accordance with paragraph 2.2.
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (Federated Equity Funds), Agreement and Plan of Reorganization (Federated Equity Funds), Agreement and Plan of Reorganization (Federated Equity Funds)
SHARES TO BE ISSUED. The number of the each class of Acquiring Fund Shares of each class to be issued (including fractional shares, if any) in exchange for the Selling Acquired Fund's assets assets, shall be determined by (a) multiplying the shares outstanding of each class of the Selling Acquired Fund by (b) the ratio computed by (x) dividing the net asset value per share of the Selling such class of Acquired Fund attributable to each of its classes Shares by (y) the net asset value per share of the respective classes corresponding class of the Acquiring Fund Shares determined in accordance with paragraph 2.22.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Money Market Obligations Trust /New/)
SHARES TO BE ISSUED. The number of the Acquiring Fund Shares of each class to be issued (including fractional shares, if any) in exchange for the Selling Fund's assets shall be determined by multiplying the shares outstanding of each class of the Selling Fund by the ratio computed by dividing the net asset value per share of the Selling Fund attributable to each of its classes by the net asset value per share of the respective classes of the Acquiring Fund determined in accordance with paragraph 2.2.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Evergreen Growth & Income Fund /Ny/)
