ACMF Liability Clause Samples
The ACMF Liability clause defines the extent to which the ACMF (presumably an organization or entity) is responsible for losses, damages, or claims arising from its actions or omissions under the agreement. Typically, this clause will specify limits on the amount or types of liability the ACMF will accept, such as excluding liability for indirect or consequential damages, or capping total liability to a certain amount. By clearly outlining these boundaries, the clause helps manage risk for the ACMF and provides certainty to both parties about potential financial exposure, thereby reducing disputes over responsibility in the event of a problem.
ACMF Liability. 13 21. Notices..............................................................14 22. Expenses.............................................................14 23.
ACMF Liability. Both parties specifically acknowledge and agree that any liability of ACMF under this Agreement with respect to Old High-Yield or in connection with the transactions contemplated herein with respect to Old High-Yield, shall be discharged only out of the Old High-Yield Assets and that no other portfolio of ACMF shall be liable with respect thereto.
ACMF Liability. 27.1 All parties specifically acknowledge and agree that any liability of ACMF under this Agreement with respect to Intermediate-Term Bond or in connection with the transactions contemplated herein with respect to Intermediate-Term Bond, shall be discharged only out of the Intermediate- Term Bond Assets and that no other portfolio of ACMF shall be liable with respect thereto.
27.2 All parties specifically acknowledge and agree that any liability of ACMF under this Agreement with respect to Bond or in connection with the transactions contemplated herein with respect to bond, shall be discharged only out of the Bond Assets and that no other portfolio of ACMF shall be liable with respect thereto.
ACMF Liability. Both parties specifically acknowledge and agree that any liability of ACMF under this Agreement with respect to Limited-Term Bond or in connection with the transactions contemplated herein with respect to Limited-Term Bond, shall be discharged only out of the Limited-Term Bond Assets and that no other portfolio of ACMF shall be liable with respect thereto.
ACMF Liability. Both parties specifically acknowledge and agree that any liability of ACMF under this Agreement with respect to Cash Reserve, or in connection with the transactions contemplated herein with respect to Cash Reserve, shall be discharged only out of the Cash Reserve Assets and that no other portfolio of ACMF shall be liable with respect thereto.