Common use of Liabilities and Expenses Clause in Contracts

Liabilities and Expenses. The Acquiring Fund shall acquire all liabilities of the Acquired Funds, whether known or unknown, or contingent or determined. Municipals Trust will discharge all known liabilities of the Acquired Funds, so far as may be possible, prior to the Closing Date. The Acquired Funds shall bear the expenses of carrying out this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (Eaton Vance Municipals Trust), Agreement and Plan of Reorganization (Eaton Vance Municipals Trust), Agreement and Plan of Reorganization (Eaton Vance Municipals Trust)

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Liabilities and Expenses. The Acquiring Fund shall acquire all liabilities of the Acquired Funds, whether known or unknown, or contingent or determined. Municipals Trust and Municipals Trust II will discharge all known liabilities of the Acquired Funds, so far as may be possible, prior to the Closing Date. The Acquired Funds shall bear the expenses of carrying out this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Eaton Vance Municipals Trust)

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