STATEMENT OF EARNINGS AND PROFITS. As promptly as practicable, but in any case within 60 days after the Exchange Date, JHVIT on behalf of the Acquired Fund shall prepare a statement of the earnings and profits of the Acquired Fund for federal income tax purposes, and of any capital loss carryovers and other items that the Acquiring Fund will succeed to and take into account as a result of Section 381 of the Code (if any).
Appears in 11 contracts
Samples: Agreement and Plan of Reorganization (John Hancock Variable Insurance Trust), Agreement and Plan of Reorganization (John Hancock Variable Insurance Trust), Agreement and Plan of Reorganization (John Hancock Variable Insurance Trust)
STATEMENT OF EARNINGS AND PROFITS. As promptly as practicable, but in any case within 60 days after the Exchange Date, JHVIT on behalf of the Acquired Fund shall prepare a statement of the earnings and profits of the Acquired Fund for federal income tax purposes, and of any capital loss carryovers and other items that the Acquiring Fund will succeed to and take into account as a result of Section 381 of the Code (if any)Code.
Appears in 6 contracts
Samples: Agreement and Plan of Reorganization (John Hancock Variable Insurance Trust), Agreement and Plan of Reorganization (John Hancock Variable Insurance Trust), Agreement and Plan of Reorganization (John Hancock Variable Insurance Trust)
