Acquiring Fund definition

Acquiring Fund means each series of an Acquiring Company listed in the column entitled “Acquiring Fund” on Exhibit A.

Acquiring Fund s acquisition of the Assets in exchange solely for Acquiring Fund Shares and Acquiring Fund's assumption of the Liabilities, followed by Target's distribution of those shares PRO RATA to the Shareholders constructively in exchange for their Target Shares, will qualify as a reorganization within the meaning of section 368(a)(1) of the Code, and each Fund will be "a party to a reorganization" within the meaning of section 368(b) of the Code;

Acquiring Fund has the meaning specified in the preamble.

Examples of Acquiring Fund in a sentence

• Upon termination of this Agreement, the Acquiring Fund may not purchase additional shares of the Acquired Fund beyond the Section 12(d)(1)(A) limits in reliance on the Rule.

• Upon a reasonable request by an Acquired Fund, the Acquiring Fund will provide summary information regarding the anticipated timeline of its investment in the Acquired Fund and the scale of its contemplated investments in the Acquired Fund.

• The execution of this Agreement shall be deemed to constitute the termination as of the Effective Date of any and all prior agreements between an Acquiring Fund and an Acquired Fund that relates to the investment by any Acquiring Fund in any Acquired Fund in reliance on a participation agreement, exemptive order or other arrangement among the parties intended to achieve compliance with Section 12(d)(1) of the 1940 Act (the “Prior Section 12 Agreements”).

• Neither BlackRock nor the BlackRock Funds make any representations regarding the advisability of investing in [Name of Acquiring Fund].

• Additionally, no Acquiring Fund shall use any logo of the Acquired Fund or of BlackRock without entering into a separate trademark license agreement with BlackRock.

More Definitions of Acquiring Fund

Acquiring Fund shall have the meaning assigned to such term in the preamble. (e) "Acquiring Fund Closing Financial Statements" shall have the meaning assigned to such term in Section 2(d). (f) "Acquiring Fund Common Shares" shall have the meaning assigned to such term in Section 2(k). (g) "Agreement" shall have the meaning assigned to such term in the preamble. (h) "Closing Date" shall have the meaning assigned to such term in Section 8(a). (i) "Code" means the Internal Revenue Code of 1986, as amended. (j) "Commission" means the Securities and Exchange Commission. (k) "Fund" or "Funds" shall have the meaning assigned to such terms in the preamble. (l) "GAAP" means United States generally accepted accounting principles and practices as in effect from time to time and applied consistently throughout the periods involved. (m) "Indemnified Party" shall have the meaning assigned to such term in Section 13(a). (n) "Indemnitor" shall have the meaning assigned to such term in Section 13(a). (o) "Loss" or "Losses" shall have the meanings assigned to such terms in Section 13(a). (p) "NYSE Amex" means NYSE Amex LLC. (q) "Proxy Statement/Prospectus" shall have the meaning assigned to such term in Section 2(j). (r) "Registration Statement" shall have the meaning assigned to such term in Section 2(j). (s) "Reorganization" shall have the meaning assigned to such term in Section 4(a). (t) "RIC" means a regulated investment company under Section 851 of the Code. (u) "Shareholder Meeting" shall have the meaning assigned to such term in Section 2(j). (v) "Sister Fund" shall have the meaning assigned to such term in the recitals. (w) "Skadden" means Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP. (x) "Target Fund" shall have the meaning assigned to such term in the preamble. (y) "Target Fund Closing Financial Statements" shall have the meaning assigned to such term in Section 3(e). (z) "Target Fund Common Shares" shall have the meaning assigned to such term in Section 3(m). (aa) "Target Fund Investments" means (i) the investments of the Target Fund shown on the schedule of its investments as of the Valuation Date furnished to the Acquiring Fund and (ii) all other assets owned by the Target Fund or liabilities incurred as of the Valuation Date. (bb) "Valuation Date" shall be 4:00 p.m., Eastern Time, on June 16, 2009, or such earlier or later day and time as may be mutually agreed upon in writing by the parties hereto.

Acquiring Fund is a "fund" as defined in section 851(g)(2) of the Code; it qualified for treatment as a RIC for each past taxable year since it commenced operations and will continue to meet all the requirements for such qualification for its current taxable year; Acquiring Fund intends to continue to meet all such requirements for the next taxable year; and it has no earnings and profits accumulated in any taxable year in which the provisions of Subchapter M of the Code did not apply to it;

Acquiring Fund refers to each Acquiring Fund named above.

Acquiring Fund means AIM Basic Value Fund, a separate series of AGS.

Acquiring Fund means the Corporation's Stock Fund, which is represented by the Corporation's Class D shares.

Acquiring Fund s shares are divided into three classes, designated "Class A," "Class B" and "Class C" shares. Under the terms of this Reorganization the Acquired Fund Shares will be exchanged for Class A shares of the Acquiring Fund ("Acquiring Fund Shares"). In consideration of the mutual promises contained herein, the parties agree as follows:

Acquiring Fund s acquisition of the Assets in exchange solely for Acquiring Fund Shares, followed by Acquired Fund's distribution of those shares pro rata to the Shareholders constructively in exchange for their Acquired Fund Shares, will qualify as a "reorganization" (as defined in Section 368(a)(1)(C) of the Code), and each Fund will be "a party to a reorganization" within the meaning of Section 368(b) of the Code;