SHARES TO BE ISSUED. The number of the Acquiring Fund Shares to be issued (including fractional shares, if any) in exchange for the Selling Fund's assets shall be determined by dividing the value of the assets of the Selling Fund determined using the same valuation procedures referred to in paragraph 2.1 by the net asset value of an Acquiring Fund Share determined in accordance with paragraph 2.2.
Appears in 4 contracts
Samples: Merger Agreement (Mosaic Tax-Free Trust), Merger Agreement (Mosaic Equity Trust), Merger Agreement (Mosaic Tax-Free Trust)
SHARES TO BE ISSUED. The number of the Acquiring Fund Shares to be issued (including fractional shares, if any) in exchange consideration for the Selling Fund's net assets as described in Article I, shall be determined by dividing the value of the assets net of liabilities of the Selling Fund determined using the same valuation procedures referred to in paragraph accordance with Section 2.1 by the net asset value of an per Acquiring Fund Share determined in accordance with paragraph Section 2.2.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Financial Investors Trust), Reorganization Agreement (Financial Investors Trust)
SHARES TO BE ISSUED. The number of the Acquiring Fund Shares to be issued (including fractional shares, if any) in exchange for the Selling Acquired Fund's net assets shall be determined by dividing the value of the Acquired Fund's net assets of the Selling Fund determined using the same valuation procedures referred to in paragraph accordance with Section 2.1 by the net asset value of an per Acquiring Fund Share determined in accordance with paragraph Section 2.2.
Appears in 2 contracts
Samples: Reorganization Agreement (First Trust Strategic High Income Fund Ii), Reorganization Agreement (First Trust Strategic High Income Fund Ii)
SHARES TO BE ISSUED. The number of the Acquiring Fund Shares to be issued (including fractional shares, if any) in exchange for the Selling Fund's assets shall be determined by dividing the value of the net assets of the Selling Fund as determined using the same valuation procedures referred to in accordance with paragraph 2.1 2.1, by the net asset value of an Acquiring Fund Share determined in accordance with paragraph 2.2.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Mosaic Equity Trust)
