Common use of LIABILITIES TO BE ASSUMED Clause in Contracts

LIABILITIES TO BE ASSUMED. The Selling Fund will endeavor to discharge all of its known liabilities and obligations prior to the Closing Date. The Acquiring Fund shall assume all of the Selling Fund’s liabilities and obligations of any kind whatsoever, whether absolute, accrued, contingent or otherwise in existence on the Closing Date.

Appears in 8 contracts

Samples: Reorganization Agreement (Huntington Funds), Reorganization Agreement (Huntington Funds), Agreement and Plan of Reorganization (Huntington Funds)

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LIABILITIES TO BE ASSUMED. The Selling Fund will endeavor to discharge all of its known liabilities and obligations prior to the Closing Date. The Acquiring Fund shall assume all of the Selling Fund’s 's liabilities and obligations of any kind whatsoever, whether absolute, accrued, contingent or otherwise in existence on the Closing Date.

Appears in 5 contracts

Samples: Reorganization Agreement (Touchstone Strategic Trust), Agreement and Plan of Reorganization (Touchstone Funds Group Trust), Agreement and Plan of Reorganization (Markman Multifund Trust)

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