Acquisition Shares definition
Examples of Acquisition Shares in a sentence
On the Liquidation Date, each Acquiring Fund will provide to the corresponding Target Fund evidence satisfactory to the Target Fund that such Acquisition Shares have been credited pro rata to open accounts in the names of the Target Fund’s shareholders as provided in paragraph 2.3.
On the Closing Date, the Acquiring Fund will provide to the Target Fund evidence satisfactory to the Target Fund that the Acquisition Shares issuable pursuant to paragraph 2.1 have been credited to the Target Fund’s account on the books of the Acquiring Fund.
The anticipated reduction in expenses for each Fund in the first year following the Reorganization shall be determined as of August 31, 2025 or the date of the pro forma information contained in the Registration Statement with respect to the Acquisition Shares, if later.