Acquired Fund Shares definition

Acquired Fund Shares means the issued and outstanding shares of beneficial interest in an Acquired Fund.
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Acquired Fund Shares means the Acquired Fund's Class A shares, Class B shares, and Class C shares.
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Acquired Fund Shares means the Corporation's Series C Shares.
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Examples of Acquired Fund Shares in a sentence

  • All of the issued and outstanding Acquired Fund Shares will, at the time of Closing, be held by the persons and in the amounts set forth in the records of the Transfer Agent, on behalf of the Acquired Fund, as provided in paragraph 3.3. The Acquired Fund does not have outstanding any options, warrants or other rights to subscribe for or purchase any of the Acquired Fund Shares, nor is there outstanding any security convertible into any of the Acquired Fund Shares.

  • The Acquired Fund will assist the Acquiring Fund in obtaining such information as the Acquiring Fund reasonably requests concerning the beneficial ownership of the Acquired Fund Shares.

  • Acquiring Fund Shares will be issued simultaneously to the Acquired Fund, in an amount equal in value to the aggregate net asset value of the Acquired Fund Shares, to be distributed to Acquired Fund Shareholders.

  • For the purposes of this subparagraph (j), a decline in net asset value per share of Acquired Fund Shares due to declines in market values of securities held by the Acquired Fund, the discharge of Acquired Fund liabilities, or the redemption of Acquired Fund Shares by shareholders of the Acquired Fund shall not constitute a material adverse change.

  • All issued and outstanding Acquired Fund Shares will simultaneously be canceled on the books of the Acquired Fund.

  • Any transfer taxes payable upon the issuance of Acquiring Fund Shares in a name other than the registered holder of the Acquired Fund Shares on the books of the Acquired Fund as of that time shall, as a condition of such issuance and transfer, be paid by the person to whom such Acquiring Fund Shares are to be issued and transferred.

  • Pursuant to this Agreement, as soon as practicable after the Closing Date, the Acquired Fund will distribute all Merger Shares received by it to its shareholders in exchange for their Acquired Fund Shares.

  • For the purposes of this subparagraph (j), a decline in net asset value per share of Acquired Fund Shares due to declines in market values of securities held by the Acquired Fund, the discharge of the Acquired Fund’s liabilities, or the redemption of the Acquired Fund’s shares by shareholders of the Acquired Fund shall not constitute a material adverse change.

  • All issued and outstanding shares of the Acquired Fund (the "Acquired Fund Shares") will simultaneously be canceled on the books of the Acquired Fund.

  • The Acquired Fund hereby represents that as of the date of the execution of this Agreement, there have been no changes in its financial position as reflected in such financial statements other than those occurring in the ordinary course of business in connection with the purchase and sale of securities, the issuance and redemption of Acquired Fund Shares and the payment of normal operating expenses, dividends and capital gains distributions.


More Definitions of Acquired Fund Shares

Acquired Fund Shares means all of the outstanding shares of common stock of an Acquired Fund.
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Acquired Fund Shares means the Corporation's Series G, Class One Common Shares.
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Acquired Fund Shares means the issued and outstanding shares of beneficial interest in the Acquired Fund. "Acquiring Fund" means the Acquiring Fund named above. "Acquiring Fund Shares" means voting shares of the capital stock of LSAVST issued pursuant to Section 2.5 of this Agreement. "Agreement" means this Agreement and Plan of Reorganization, together with any schedules and exhibits attached hereto and all amendments hereto and thereof. "Closing" means the transfer of all the assets of the Acquired Fund to the Acquiring Fund, the assumption of all of the Acquired Fund's liabilities by the Acquiring Fund and the issuance of the Acquiring Fund Shares to the Acquired Fund as described in Section 2.1 of this Agreement. "Closing Date" means May 1, 2003, or such other date as LSAVST's Chairman or Vice President shall determine. "Code" means the Internal Revenue Code of 1986, as amended, and all rules and regulations adopted pursuant thereto. "Custodian" means Investors Bank & Trust Company, acting in its capacity as custodian for the assets of the Acquiring Fund and the Acquired Fund. "Effective Time" means 4:00 p.m. Eastern Time on the Closing Date or such other time on the Closing Date as LSAVST's Chairman or Vice President shall determine. "Funds" means the Acquired Fund and the Acquiring Fund. "Fund Financial Statements" shall have the meaning set forth in Section 3.3 of this Agreement. "Governmental Authority" means any foreign, United States, federal, state or local government, government agency, department, board, commission (including the SEC)or instrumentality, and any court, tribunal or arbitrator of competent jurisdiction, and any governmental or non-governmental self-regulatory organization, agency or authority (including the National Association of Securities Dealers, Inc., the Commodity Futures Trading Commission, and the National Futures Association). "Investment Company Act" means the Investment Company Act of 1940, as amended, and all rules and regulations adopted pursuant thereto. "Lien" means any pledge, lien, security interest, charge, claim or encumbrance of any kind. "LSAVST" means LSA Variable Series Trust, a Delaware business trust. "LSAVST Registration Statement" means the registration statement on Form N-1A, as amended, of LSAVST (SEC File Nos. 333-80845 and 811-09379). "Material Adverse Effect" means an effect that would cause a change in the condition (financial or otherwise), properties, assets or prospects of an entity having an adverse monetary effec...
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Related to Acquired Fund Shares

  • Acquired Fund means any investment company in which the Fund invests or has invested during the previous fiscal year. The “Total Annual Fund Operating Expenses” and “Net Annual Fund Operating Expenses” will not match the Fund’s gross and net expense ratios reported in the Financial Highlights from the Fund’s financial statements, which reflect the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses.

  • Acquired Shares has the meaning set forth in the Recitals.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Subco Shares means the common shares in the capital of Subco;

  • Newco Shares means the common shares in the capital of Newco;

  • Cleared Funds means the proceeds of cheque deposits to your account, once the cheque is cleared, cash deposits and direct credits.

  • Controlled Shares in reference to any person means all shares of the Company directly, indirectly or constructively owned by such person as determined pursuant to Section 958 of the Code.

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • Acquisition Shares means each class of shares of beneficial interest of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Previously Acquired Shares means shares of Common Stock that are already owned by the Participant or, with respect to any Incentive Award, that are to be issued upon the grant, exercise or vesting of such Incentive Award.

  • Company Securities has the meaning set forth in Section 3.02(b)(ii).

  • Regulation S Investor With respect to a transferee of a Regulation S Global Certificate, a transferee that acquires such Certificate pursuant to Regulation S.

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Fund Shares means any Securities issued by an investment company registered under the Investment Company Act of 1940.

  • Exchange Shares has the meaning set forth in Section 2.01(b).

  • Interested Shares means the shares of an issuing public corporation in respect of which any of the following persons may exercise or direct the exercise of the voting power of the corporation in the election of directors:

  • Future Regulated Fund means a closed-end management investment company (a) that is registered under the Act or has elected to be regulated as a BDC, (b) whose investment adviser (and sub-adviser(s), if any) are an Adviser, and (c) that intends to participate in the Co-Investment Program.

  • ASA Shares has the meaning set forth in 2.4(a).

  • Company Subsidiary Securities has the meaning set forth in Section 3.02(d).

  • Parent Stock means the common stock, par value $0.01 per share, of Parent.

  • Released Securities means securities that were Restricted Securities with respect to which all applicable restrictions have expired, lapsed, or been waived.

  • Acquired Interests has the meaning set forth in the Recitals.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Holdco Shares means the ordinary shares of HoldCo with a par value of US$0.0001 per share.

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.