OPERATION IN ORDINARY COURSE. The Transferring Funds will operate their business in the ordinary course between the date hereof and the Closing Date, it being understood that such ordinary course of business will include shareholder purchases and the distribution of customary dividends, distributions, and redemptions. The Acquiring Fund will not commence operation until the Closing Date.
Appears in 2 contracts
Sources: Agreement and Plan of Reorganization (Dunham Funds), Agreement and Plan of Reorganization (Dunham Funds)
OPERATION IN ORDINARY COURSE. The Each Transferring Funds Fund will operate their its business in the ordinary course between the date hereof and the Closing Date, it being understood that such ordinary course of business will include shareholder purchases and the distribution of customary dividends, distributions, and redemptions. The Each Acquiring Fund will not commence operation operations until the Closing Date.
Appears in 2 contracts
Sources: Agreement and Plan of Reorganization (Advisers Investment Trust), Agreement and Plan of Reorganization (Advisers Investment Trust)
OPERATION IN ORDINARY COURSE. The Transferring Funds Fund will operate their its business in the ordinary course between the date hereof and the Closing Date, it being understood that such ordinary course of business will include shareholder purchases and the distribution of customary dividends, distributions, and redemptions. The Acquiring Fund will not commence operation until the Closing Date.
Appears in 1 contract
Sources: Reorganization Agreement (Northern Lights Fund Trust Ii)
OPERATION IN ORDINARY COURSE. The Transferring Funds Fund will operate their business in the ordinary course between the date hereof and the Closing Date, it being understood that such ordinary course of business will include shareholder purchases and the distribution of customary dividends, distributions, and redemptions. The Acquiring Fund will not commence operation until the Closing Date.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (Dunham Funds)
OPERATION IN ORDINARY COURSE. The Transferring Funds Fund will operate their its business in the ordinary course between the date hereof and the Closing Date, it being understood that such ordinary course of business will include shareholder purchases and the distribution of customary dividends, distributions, and redemptions. The Acquiring Fund will not commence operation until the Closing Date.
Appears in 1 contract