VALUATION OF NET ASSETS. a. The value of the net assets of the Acquired Fund will be computed as of the close of regular trading on the NYSE on the day of Closing (the "Valuation Date") using the valuation procedures in the Acquiring Fund's prospectus. b. The net asset value per share of Class A shares of the Acquiring Fund will be determined as of the close of regular trading on the NYSE on the Valuation Date, using the valuation procedures in the Acquiring Fund's prospectus. c. At the Closing, the Acquired Fund will provide the Acquiring Fund with a copy of the computation showing the valuation of the Acquired Fund's net assets on the Valuation Date. The Acquiring Fund will provide the Acquired Fund with a copy of the computation showing the determination of the net asset value per share of Class A shares of the Acquiring Fund on the Valuation Date. Both computations will be certified by an officer of American Express Financial Corporation.
Appears in 17 contracts
Samples: Agreement and Plan of Reorganization (Axp Global Series Inc), Agreement and Plan of Reorganization (Axp Partners Series Inc), Agreement and Plan of Reorganization (Axp Stock Fund Inc)
VALUATION OF NET ASSETS. a. The net asset value of the net assets shares of the Acquired Selling Fund will be computed as of the close of regular trading on the NYSE on the day of Closing (the "Valuation Date") using the valuation procedures in the Acquiring Buying Fund's prospectus.
b. The net asset value per share of Class A shares of the Acquiring Buying Fund will be determined as of the close of regular trading on the NYSE on the Valuation Date, using the valuation procedures in the Acquiring Buying Fund's prospectus.
c. At the Closing, the Acquired Selling Fund will provide the Acquiring Buying Fund with a copy of the computation showing the valuation of the Acquired Fund's net assets asset value per share of shares of the Selling Fund on the Valuation Date. The Acquiring Buying Fund will provide the Acquired Selling Fund with a copy of the computation showing the determination of the net asset value per share of Class A shares of the Acquiring Buying Fund on the Valuation Date. Both computations will be certified by an officer of American Express Financial Corporation, the investment manager.
Appears in 10 contracts
Samples: Agreement and Plan of Reorganization (Axp Variable Portfolio Income Series Inc), Agreement and Plan of Reorganization (Axp Variable Portfolio Investment Series Inc), Agreement and Plan of Reorganization (Axp Growth Series Inc/Mn)
VALUATION OF NET ASSETS. a. The net asset value of the net assets shares of the Acquired Selling Fund will be computed as of the close of regular trading on the NYSE on the day of Closing (the "Valuation Date") using the valuation procedures in the Acquiring Buying Fund's prospectus.
b. The net asset value per share of Class A shares of the Acquiring Buying Fund will be determined as of the close of regular trading on the NYSE on the Valuation Date, using the valuation procedures in the Acquiring Buying Fund's prospectus.
c. At the Closing, the Acquired Selling Fund will provide the Acquiring Buying Fund with a copy of the computation showing the valuation of the Acquired Fund's net assets asset value per share of shares of the Selling Fund on the Valuation Date. The Acquiring Buying Fund will provide the Acquired Selling Fund with a copy of the computation showing the determination of the net asset value per share of Class A shares of the Acquiring Buying Fund on the Valuation Date. Both computations will be certified by an officer of American Express Financial Corporation.Ameriprise Financial, Inc.
Appears in 8 contracts
Samples: Agreement and Plan of Reorganization (Riversource Variable Portfolio Investment Series, Inc.), Reorganization Agreement (Riversource Large Cap Series, Inc.), Agreement and Plan of Reorganization (Riversource Variable Portfolio Investment Series, Inc.)
VALUATION OF NET ASSETS. a. The net asset value of the net assets shares of the Acquired Selling Fund will be computed as of the close of regular trading on the NYSE on the day of Closing (the "Valuation Date") using the valuation procedures in the Acquiring Buying Fund's prospectus.
b. The net asset value per share of Class A shares of the Acquiring Buying Fund will be determined as of the close of regular trading on the NYSE on the Valuation Date, using the valuation procedures in the Acquiring Buying Fund's prospectus.
c. At the Closing, the Acquired Selling Fund will provide the Acquiring Buying Fund with a copy of the computation showing the valuation of the Acquired Fund's net assets asset value per share of shares of the Selling Fund on the Valuation Date. The Acquiring Buying Fund will provide the Acquired Selling Fund with a copy of the computation showing the determination of the net asset value per share of Class A shares of the Acquiring Buying Fund on the Valuation Date. Both computations will be certified by an officer of American Express Financial Corporation.Ameriprise Financial, Inc.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Riversource Managers Series, Inc.)
