Common use of Value of Shares Clause in Contracts

Value of Shares. The fair market value of the shares of each class of Buying Fund received by Selling Fund Shareholders in the Reorganization will be approximately equal to the fair market value of the shares of each corresponding class of Selling Fund constructively surrendered in exchange therefor.

Appears in 6 contracts

Samples: Agreement and Plan of Reorganization (Invesco Variable Investment Funds Inc), Agreement and Plan of Reorganization (Invesco Variable Investment Funds Inc), Merger Agreement (Invesco Variable Investment Funds Inc)

AutoNDA by SimpleDocs

Value of Shares. The fair market value of the shares of each class of Buying Fund received by Selling Fund Shareholders in the Reorganization will be approximately equal equal, as of the Effective Time, to the fair market value of the shares of each corresponding class of Selling Fund to be constructively surrendered in exchange therefor. The fair market value of the assets of Buying Fund will exceed the amount of its liabilities immediately after the exchange.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (Aim Growth Series), Agreement and Plan of Reorganization (Aim Funds Group), Plan of Reorganization (Aim Counselor Series Trust)

Value of Shares. The fair market value of the shares of each class of Buying Fund received by Selling Fund Shareholders in the Reorganization will be approximately equal equal, as of the Effective Time, to the fair market value of the shares of each corresponding class of Selling Fund to be constructively surrendered in exchange therefor.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (Aim Funds Group), Plan of Reorganization (Aim Counselor Series Trust), Agreement and Plan of Reorganization (Aim Growth Series)

Value of Shares. The fair market value of the shares of each class of Buying Acquiring Fund Shares received by Selling each Acquired Fund Shareholders Shareholder in the Reorganization will be approximately equal to the fair market value of the shares of each corresponding class of Selling its Acquired Fund Shares constructively surrendered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Aim Advisor Funds Inc), Plan of Reorganization (Aim Advisor Funds Inc)

Value of Shares. The fair market value of the shares of each class of Buying Acquiring Fund Shares received by Selling Acquired Fund Shareholders in the each Reorganization will be approximately equal to the fair market value of the shares of each corresponding class of Selling Acquired Fund Shares constructively surrendered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Hancock John Variable Series Trust I), Agreement and Plan of Reorganization (Hancock John Variable Series Trust I)

Value of Shares. The fair market value of the shares of each class of Buying Fund received by Selling Fund Shareholders in the Reorganization will be approximately equal equal, as of the Effective Time, to the fair market value of the shares of each corresponding class of Selling Fund to be constructively surrendered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Gardner Lewis Investment Trust), Agreement and Plan of Reorganization (Gardner Lewis Investment Trust)

Value of Shares. The fair market value of the shares of each class of Buying Fund Shares received by Selling Fund Shareholders in the Reorganization will be approximately equal equal, as of the Effective Time, to the fair market value of the shares of each corresponding class of Selling Fund Shares to be constructively surrendered in exchange therefor. The fair market value of the assets of Buying Fund will exceed the amount of its liabilities immediately after the exchange.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Gardner Lewis Investment Trust), Agreement and Plan of Reorganization (Gardner Lewis Investment Trust)

AutoNDA by SimpleDocs

Value of Shares. The fair market value of the shares of each class of Buying Acquiring Fund Shares received by Selling Acquired Fund Shareholders in the Reorganization will be approximately equal to the fair market value of the shares of each corresponding class of Selling Acquired Fund Shares constructively surrendered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Hancock John Variable Series Trust I), Agreement and Plan of Reorganization (Lsa Variable Series Trust)

Value of Shares. The fair market value of the shares of each class of Buying Acquiring Fund Shares received by Selling Acquired Fund Shareholders in the Reorganization will be approximately equal to the fair market value of the shares of each corresponding class of Selling Acquired Fund Shares constructively surrendered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Hancock John Variable Series Trust I)

Value of Shares. The fair market value of the shares of each class of Buying Acquiring Fund Shares received by Selling Acquired Fund Shareholders in the Reorganization will be approximately equal to the fair market value of the shares of each corresponding class of Selling Acquired Fund Shares constructively surrendered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Hancock John Variable Series Trust I)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!