SHARES TO BE ISSUED. The number of each class of the Acquiring Fund Shares to be issued (including fractional shares, if any) in exchange for the Acquired Fund’s assets, shall be determined by multiplying (a) the shares outstanding of each class of 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 corresponding class of 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 each class of the Acquiring Fund Shares to be issued (including fractional shares, if any) in exchange for the Acquired Fund’s Fund?s assets, shall be determined by multiplying (a) multiplying the shares outstanding of each class of Acquired Fund Shares by (b) the ratio computed by dividing (x) dividing the net asset value per share of such class of Acquired Fund Shares determined in accordance with paragraph 2.1 by (y) the net asset value per share of the corresponding class of Acquiring Fund Shares determined in accordance with paragraph 2.2.. 2.4
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (Federated Insurance Series), Federated Investment Series Funds Inc, Federated Total Return Series Inc
SHARES TO BE ISSUED. The number of each class of the Acquiring Fund Shares shares to be issued (including fractional shares, if any) in exchange for the Acquired Fund’s 's assets, shall be determined by multiplying (a) multiplying the shares outstanding of each class of the Acquired Fund Shares by (b) the ratio computed by dividing (x) dividing the net asset value per share of such class of the Acquired Fund Shares by (y) the net asset value per share of the corresponding class of the Acquiring Fund Shares determined in accordance with paragraph 2.2.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Federated Equity Funds)
SHARES TO BE ISSUED. The number of each class of the Acquiring Fund Shares to be issued (including fractional shares, if any) in exchange for the Acquired Fund’s 's assets, shall be determined by multiplying (a) multiplying the shares outstanding of each class of Acquired Fund Shares by (b) the ratio computed by dividing (x) dividing the net asset value per share of such class of Acquired Fund Shares by (y) the net asset value per share of the corresponding class of Acquiring Fund Shares determined in accordance with paragraph 2.2.. 2.4
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Federated Income Securities Trust)
SHARES TO BE ISSUED. The number of each class of the Acquiring Fund Shares to be issued (including fractional shares, if any) in exchange for the Acquired Fund’s 's assets, shall be determined by multiplying (a) multiplying the shares outstanding of each class of the Acquired Fund Shares by (b) the ratio computed by dividing (x) dividing the net asset value per share of such class of Acquired Fund Shares by (y) the net asset value per share of the corresponding class of Acquiring Fund Shares determined in accordance with paragraph 2.2.. 2.4
Appears in 1 contract
Samples: Form of Agreement and Plan (Money Market Obligations Trust /New/)
SHARES TO BE ISSUED. The number of each class of the Acquiring Fund Fund's Class A Shares and Institutional Service Shares to be issued (including fractional shares, if any) in exchange for the Acquired Fund’s 's assets, shall be determined by multiplying (a) multiplying the shares outstanding of each class of the Acquired Fund Shares by (b) the ratio computed by dividing (x) dividing the net asset value per share of such class of the Acquired Fund Shares by (y) the net asset value per share of the corresponding class class, as provided in paragraph 1.1, of Acquiring Fund Shares Shares, determined in accordance with paragraph 2.2.
Appears in 1 contract
Samples: Agreement and Plan (Federated Short Term Municipal Trust)
SHARES TO BE ISSUED. The number of each class of the Acquiring Fund Fund's Class A Shares, Class B Shares and Class C Shares to be issued (including fractional shares, if any) in exchange for the Acquired Fund’s 's assets, shall be determined by multiplying (a) multiplying the shares outstanding of each class of the Acquired Fund Shares by (b) the ratio computed by dividing (x) dividing the net asset value per share of such class of the Acquired Fund Shares by (y) the net asset value per share of the corresponding class class, as provided in paragraph 1.1, of Acquiring Fund Shares Shares, determined in accordance with paragraph 2.2.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Federated MDT Series)
SHARES TO BE ISSUED. The number of each class of the Acquiring Fund Shares to be issued (including fractional shares, if any) in exchange for the Acquired Fund’s 's assets, shall be determined by multiplying (a) multiplying the shares outstanding of each class of Acquired Fund Shares by (b) the ratio computed by dividing (x) dividing the net asset value per share of such class of Acquired Fund Shares determined in accordance with paragraph 2.1 by (y) the net asset value per share of the corresponding class of Acquiring Fund Shares determined in accordance with paragraph 2.2.. 2.4
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Federated Equity Funds)
