Common use of OPERATION IN ORDINARY COURSE Clause in Contracts

OPERATION IN ORDINARY COURSE. The Acquiring Fund and the Selling Fund each will operate 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 customary dividends and distributions.

Appears in 24 contracts

Sources: Reorganization Agreement (Huntington Funds), Agreement and Plan of Reorganization (Huntington Funds), Reorganization Agreement (Huntington Funds)

OPERATION IN ORDINARY COURSE. The Acquiring Fund and the Selling Fund Funds each will operate its business in the ordinary course between the date hereof and the Closing Merger Date, it being understood that such ordinary course of business will include customary dividends and distributions.

Appears in 4 contracts

Sources: Merger Agreement (Mosaic Tax-Free Trust), Merger Agreement (Mosaic Tax-Free Trust), Merger Agreement (Mosaic Equity Trust)

OPERATION IN ORDINARY COURSE. The Acquiring Fund and the Selling Fund each will operate its business in the ordinary course between the date hereof and the Closing Reorganization Date, it being understood that such ordinary course of business will include the declaration and payment of customary dividends and distributionsdistributions and other distributions necessary or desirable to avoid federal income or excise taxes, including the dividend and distribution of the Selling Fund set forth in paragraph 8.5.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Mosaic Equity Trust)