VALUATION AND VALUATION DATE. 2.1. On the Closing Date, the Acquiring Fund will deliver to each Acquired Fund a number of Class A, Class B, Class C, and Class Z Acquiring Fund Shares (including fractional shares, if any) determined as provided in Section 1.
VALUATION AND VALUATION DATE. 2.1. On the Closing Date, the New Fund will deliver to the Interval Fund the number of New Fund Shares (including fractional shares, if any) determined as provided in Section 1.
VALUATION AND VALUATION DATE. 2.1. On the Closing Date, the Acquiring Fund will deliver to the Acquired Fund a number of Acquiring Fund Shares (including fractional shares, if any) determined as provided in Section 1.
VALUATION AND VALUATION DATE. 2.1. On the Closing Date, the Acquiring Fund will deliver to each Acquired Fund a number of Class A, Class B, Class C, and Class Z Acquiring Fund Shares (including fractional shares, if any) determined as provided in Section 1. 2.2. The value of each Acquired Fund's net assets will be computed as of the Valuation Date (as defined in Section 2.4 of this Agreement) using the valuation procedures for the Acquiring Fund set forth in the Acquiring Trust Declaration of Trust and the Registration Statement. 2.3. The net asset value of a Class A, Class B, Class C, or Class Z Acquiring Fund Share shall be the net asset value per Class A, Class B, Class C, or Class Z share, as the case may be, of the Acquiring Fund computed as of the Valuation Date using the valuation procedures for the Acquiring Fund set forth in the Acquiring Trust Declaration of Trust and the Registration Statement. 2.4. The Valuation Date shall be 4:00 p.m. Eastern time, and after the declaration of any dividends by each Acquired Fund, on the business day immediately preceding the Closing Date, or such earlier date as may be mutually agreed upon in writing by the parties hereto (the "Valuation Date"). 2.5. The Acquiring Fund shall issue the Acquiring Fund Shares to each Acquired Fund on one or more share deposit receipts registered in the name of the Acquired Fund. Each Acquired Fund shall distribute in liquidation the Acquiring Fund Shares received by it hereunder to its shareholders as contemplated by Section 1.1, by redelivering such share deposit receipts to the Acquiring Trust's transfer agent which will as soon as practicable set up open accounts for Acquired Fund shareholders in accordance with written instructions furnished by each Acquired Fund. Immediately after the close of business on the Valuation Date, the share transfer books of each Acquired Fund will be closed and no further transfers of Acquired Fund shares will be made. 2.6. Each Acquired Fund will pay or cause to be paid to the Acquiring Fund any interest, cash or such dividends, rights and other payments received by it on or after the Closing Date with respect to the Investments (as defined in Section 4.1 of this Agreement) and other properties and assets of such Acquired Fund, whether accrued or contingent, received by it on or after the Closing Date. Any such distribution shall be deemed included in the assets transferred to the Acquiring Fund at the Closing Date and shall not be separately valued unless the securities in ...
VALUATION AND VALUATION DATE
