The Acquired Fund and the Acquiring. Fund each will operate its business in the ordinary course and shall comply in all material respects with all applicable laws, rules and regulations between the date hereof and the Closing Date, it being understood that such ordinary course of business will include the declaration and payment of customary dividends and other distributions, and any other distribution that may be advisable.
Appears in 22 contracts
Samples: Agreement and Plan of Reorganization (Legg Mason Partners Income Trust), Agreement and Plan of Reorganization (Legg Mason Partners Income Trust), Agreement and Plan of Reorganization (Legg Mason Partners Series Funds, Inc.)