Share Records. Upholdings LLC shall deliver to the Acquiring Fund an officer’s certificate stating that Upholdings LLC’s records contain the names and addresses of the Target Fund Investors and the number and percentage ownership (to three decimal places) of outstanding Target Fund Interests owned by each such Target Fund Investor immediately prior to the Closing. The Acquiring Fund shall issue and deliver to the Managing Member of the Target Fund prior to the Effective Time a confirmation evidencing that the appropriate number of Acquiring Fund Shares will be credited to the Target Fund at the Effective Time, or provide other evidence satisfactory to the Target Fund as of the Effective Time that such Acquiring Fund Shares have been credited to the Target Fund’s accounts on the books of the Acquiring Fund.
Appears in 2 contracts
Sources: Agreement and Plan of Reorganization (Alpha Architect ETF Trust), Agreement and Plan of Reorganization (Alpha Architect ETF Trust)