The Acquiring Fund. Shares to be issued and distributed to the Shareholders under this Agreement, assuming their due delivery as contemplated by this Agreement, will be duly authorized, validly issued and outstanding, and fully paid and non-assessable;
Appears in 7 contracts
Samples: Form of Agreement (Pimco Variable Insurance Trust), Agreement and Plan of Reorganization (Hartford Advisors HLS Fund Inc), Agreement and Plan of Reorganization (Hartford Bond HLS Fund Inc)
The Acquiring Fund. Shares to be issued and distributed to the Shareholders under this Agreement, assuming their due delivery as contemplated by this AgreementAgreement and the receipt of consideration in exchange therefor in excess of the par value thereof, will be duly authorized, validly issued and outstanding, and fully paid and non-assessable;
Appears in 7 contracts
Samples: Agreement and Plan of Reorganization and Termination (Painewebber Pace Select Advisors Trust), Agreement and Plan of Reorganization and Termination (Painewebber Pace Select Advisors Trust), Agreement and Plan of Reorganization and Termination (Painewebber Pace Select Advisors Trust)
The Acquiring Fund. Shares to be issued and distributed to the Shareholders under this Agreement, assuming their due delivery as contemplated by this Agreement, will be duly authorized, authorized and validly issued and outstanding, outstanding and fully paid and non-assessable, and no shareholder of Acquiring Fund has any preemptive right to subscribe for or purchase such shares;
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization and Dissolution (Painewebber Rma Money Fund Inc), Agreement and Plan of Reorganization and Termination (Bull & Bear Funds I Inc), Agreement and Plan of Reorganization and Termination (Painewebber Rma Money Fund Inc)
The Acquiring Fund. Shares to be issued and distributed to the Shareholders under this Agreement, assuming their due delivery as contemplated by this AgreementAgreement and the receipt of consideration in exchange therefor exceeding their par value, will be duly authorized, authorized and validly issued and outstanding, outstanding and fully paid and non-assessableassessable by Federated;
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Federated Government Income Securities Inc), Agreement and Plan of Reorganization (Federated Municipal Securities Fund Inc)
The Acquiring Fund. Shares to be issued and distributed to the Shareholders under this Agreement, assuming their due delivery as contemplated by this AgreementAgreement and the receipt of consideration in exchange therefor exceeding their par value, will be duly authorized, authorized and validly issued and outstanding, outstanding and fully paid and non-assessable;
Appears in 2 contracts
Samples: Form of Agreement and Plan of Reorganization and Termination (Usaa Mutual Fund Inc), Agreement and Plan of Reorganization and Termination (Usaa Mutual Fund Inc)
The Acquiring Fund. Shares to be issued and distributed to the Shareholders under this Agreement, assuming their due delivery as contemplated by this Agreement, will be duly authorized, authorized and validly issued and outstanding, outstanding and fully paid and non-assessableassessable (except as disclosed in New Trust's then-current prospectus and statement of additional information);
Appears in 1 contract
Samples: Form of Agreement and Plan of Reorganization and Termination (Victory Portfolios)
The Acquiring Fund. Shares to be issued and distributed to the Shareholders under this Agreement, assuming their due delivery as contemplated by this AgreementAgreement and the receipt of consideration in exchange therefor exceeding their par value, will be duly authorized, authorized and validly issued and outstanding, outstanding and fully paid and non-assessableassessable by Trust;
Appears in 1 contract
Samples: Agreement and Plan of Reorganization and Termination (Regions Morgan Keegan Select Funds)
The Acquiring Fund. Shares to be issued and distributed to the Shareholders under this Agreement, assuming their due delivery as contemplated by this Agreement, will be duly authorized, validly issued I ssued and outstanding, and fully paid and non-assessable;
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Hartford Money Market HLS Fund Inc)
