LIABILITIES TO BE ASSUMED. Each Transferring Fund will, to the extent permissible and consistent with its own investment objectives and policies, endeavor in good faith to discharge all of its known liabilities and obligations prior to the Closing Date. Each Acquiring Fund shall assume all of the corresponding Transferring Fund’s liabilities and obligations of any kind whatsoever, whether absolute, accrued, contingent or otherwise in existence on the Closing Date.
Appears in 2 contracts
Sources: Agreement and Plan of Reorganization (Advisers Investment Trust), Agreement and Plan of Reorganization (Advisers Investment Trust)
LIABILITIES TO BE ASSUMED. Each The Transferring Fund will, to the extent permissible and consistent with its own investment objectives and policies, will endeavor in good faith to discharge all of its known liabilities and obligations prior to the Closing Date. Each The Acquiring Fund shall assume all of the corresponding Transferring Fund’s liabilities and obligations of any kind whatsoever, whether absolute, accrued, contingent or otherwise in existence on the Closing Date.
Appears in 2 contracts
Sources: Agreement and Plan of Reorganization (Northern Lights Fund Trust), Agreement and Plan of Reorganization (Coventry Group)
LIABILITIES TO BE ASSUMED. Each Transferring Fund will, will endeavor to discharge to the extent permissible and consistent with its own investment objectives and policiespossible, endeavor in good faith to discharge all of its known liabilities and obligations prior to the Closing Date. Each The Acquiring Fund shall assume all of the corresponding Transferring Fund’s Funds' liabilities and obligations of any kind whatsoever, whether absolute, accrued, contingent or otherwise in existence on the Closing Date.
Appears in 2 contracts
Sources: Agreement and Plan of Reorganization (Dunham Funds), Agreement and Plan of Reorganization (Dunham Funds)
LIABILITIES TO BE ASSUMED. Each The Transferring Fund will, will endeavor to discharge to the extent permissible and consistent with its own investment objectives and policiespossible, endeavor in good faith to discharge all of its known liabilities and obligations prior to the Closing Date. Each The Acquiring Fund shall assume all of the corresponding Transferring Fund’s 's liabilities and obligations of any kind whatsoever, whether absolute, accrued, contingent or otherwise in existence on the Closing Date.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (Dunham Funds)
LIABILITIES TO BE ASSUMED. Each The Transferring Fund will, to the extent permissible and consistent with its own investment objectives and policiespracticable, endeavor in good faith to discharge all of its known liabilities and obligations prior to the Closing Date. Each The Acquiring Fund shall will assume all of the corresponding remaining Transferring Fund’s liabilities and obligations of any kind whatsoeverFund liabilities, whether absolute, accrued, contingent or otherwise in existence on the Closing Date.
Appears in 1 contract
Sources: Reorganization Agreement (Northern Lights Fund Trust Ii)