SHARES TO BE ISSUED. The number of the Acquiring Fund’s shares to be issued (including fractional shares) shall be equal in net asset value to the net asset value of each corresponding Acquired Fund’s shares then outstanding. Upon the Acquired Fund’s liquidating distribution each holder of shares of the Acquired Fund will receive shares of the corresponding Acquiring Fund equal in net asset value to the net asset value of shares held by such holder immediately prior to such liquidating distribution.
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (Trust for Professional Managers), Reorganization Agreement (Trust for Professional Managers), Agreement and Plan of Reorganization (Trust for Professional Managers)
SHARES TO BE ISSUED. The number of the each Acquiring Fund’s shares to be issued (including fractional shares) shall be equal in net asset value to the net asset value of each corresponding Acquired Transferring Fund’s shares then outstanding. Upon the Acquired Transferring Fund’s liquidating distribution each holder of shares of the Acquired Transferring Fund will receive shares of the corresponding Acquiring Fund equal in net asset value to the net asset value of shares held by such holder immediately prior to such liquidating distribution.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Unified Series Trust), Reorganization Agreement (Unified Series Trust)
SHARES TO BE ISSUED. The number of the each Acquiring Fund’s 's shares to be issued (including fractional shares) shall be equal in net asset value to the net asset value of each corresponding Acquired Transferring Fund’s 's shares then outstanding. Upon the Acquired Transferring Fund’s 's liquidating distribution each holder of shares of the Acquired Transferring Fund will receive shares of the corresponding Acquiring Fund equal in net asset value to the net asset value of shares held by such holder immediately prior to such liquidating distribution.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Memorial Funds), Agreement and Plan of Reorganization (Memorial Funds)
SHARES TO BE ISSUED. The number of the Acquiring Fund’s shares Fund Shares to be issued (including fractional shares) shall be equal in net asset value to the net asset value of each corresponding the shares of the Acquired Fund’s shares Fund then outstanding. Upon the Acquired Fund’s liquidating distribution each holder of shares of the Acquired Fund will receive shares of the corresponding Acquiring Fund Fund, each such share which is equal in net asset value to the net asset value of shares each share of the Acquired Fund held by such holder immediately prior to such liquidating distribution.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Heartland Group Inc)
SHARES TO BE ISSUED. The number of the each Acquiring Fund’s 's shares to be issued (including fractional shares) shall be equal in net asset value to the net asset value of each corresponding Acquired Transferring Fund’s 's shares then outstanding. Upon the Acquired Transferring Fund’s 's liquidating distribution each holder of shares of the Acquired Transferring Fund will receive shares T Shares of the corresponding Acquiring Fund equal in net asset value to the net asset value of shares held by such holder immediately prior to such liquidating distribution.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Sti Classic Funds)
