Fund Liabilities definition

Fund Liabilities means the liabilities of the Fund which, as determined by the Administrator (on instructions from the Investment Advisor), the Audit and Valuation Committee of the Fund or the independent valuator, have not been attributed to and deducted as liabilities of the Series I Pool and the Series II Pool or the Series III Shares, Series IV Shares, Series V Shares, Series VI Shares and Specified Series Shares;
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Fund Liabilities has the meaning set forth in Section 2.4(d).
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Fund Liabilities means all costs, charges, damages, losses, expenses and any other liability (including any liability to taxation or other Government impost) in relation to the operation of the Transferring Fund by the Trustee, and all claims, demands, causes of action or proceedings that arise or may arise in relation to the operation of the Transferring Fund by the Trustee, but not including any liabilities:
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Examples of Fund Liabilities in a sentence

  • Instead, solely for federal income tax purposes, the Fund shall be deemed to have contributed the Fund Assets in kind to a new limited liability company which shall be deemed to have assumed and taken the Fund Assets subject to all Fund Liabilities, in exchange for interest in the new limited liability company.

  • For the purposes of this subparagraph (j), a decline in net asset value per share of Target Fund Shares due to declines in market values of securities held by the Target Fund, the discharge of Target Fund Liabilities, or the redemption of Target Fund Shares by Target Fund Shareholders shall not constitute a material adverse change.

  • For the purposes of this subparagraph (h), a decline in net asset value per share of Acquiring Fund Shares due to declines in market values of securities held by the Acquiring Fund, the discharge of Acquiring Fund Liabilities, or the redemption of Acquiring Fund Shares by shareholders of the Acquiring Fund shall not constitute a material adverse change.

  • Except, in the case of a Final Closing through a “F reorganization,” for any Assumed Alliance Fund Liabilities, nothing in this Agreement or any other Transaction Document shall be construed to transfer any Retained Alliance Fund Liability or Retained Alliance Liability to any Surviving Fund, Federated or any Affiliated Person, officer, director or trustee of any of them.

  • Neither Federated, the Surviving Funds nor any Affiliated Person, officer, director or trustee of any of them, shall assume, or otherwise become liable for, any Retained Alliance Liabilities or any Retained Alliance Fund Liabilities (except, in the case of a Final Closing through a “F reorganization,” for any Assumed Alliance Fund Liabilities).

  • Instead, solely for federal income tax purposes, the Fund shall be deemed to have contributed the Fund Assets in kind to a new limited liability company which shall be deemed to have assumed and taken the Fund Assets subject to all Fund Liabilities, in exchange for interests in the new limited liability company.

  • For the purposes of this subparagraph (j), a decline in net asset value per share of Acquired Fund Shares due to declines in market values of securities held by the Acquired Fund, the discharge of Acquired Fund Liabilities, or the redemption of Acquired Fund Shares by Acquired Fund Shareholders shall not constitute a material adverse change.

  • For the purposes of this subparagraph (g), a decline in net asset value per share of Acquiring Fund Shares due to declines in market values of securities held by the Acquiring Fund, the discharge of Acquiring Fund Liabilities, or the redemption of Acquiring Fund Shares by shareholders of the Acquiring Fund shall not constitute a material adverse change.

  • At the time of any distribution of the Seller Representative Fund or any portion thereof, the Seller Representative shall provide notice to the Sellers of the nature of the Fund Liabilities satisfied from the Seller Representative Fund.

  • The CFI Fund shall assume the CVIT Fund Liabilities and discharge them when and as they are due or otherwise in accordance with their terms.