Common use of ACMF Liability Clause in Contracts

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.

Appears in 2 contracts

Sources: Agreement and Plan of Reorganization (American Century Government Income Trust), Agreement and Plan of Reorganization (American Century Government Income Trust)

ACMF Liability. Both All parties specifically acknowledge and agree that any liability of ACMF under this Agreement with respect to LimitedIntermediate-Term Bond or in connection with the transactions contemplated herein with respect to LimitedIntermediate-Term Bond, shall be discharged only out of the Limited-Intermediate- Term Bond Assets and that no other portfolio of ACMF shall be liable with respect thereto.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (American Century Mutual Funds Inc)