Examples of Bond Liabilities in a sentence
Simultaneously, ACIT shall, on behalf of Diversified Bond, accept the Premium Bond Assets and assume all liabilities, whether accrued, absolute, contingent or otherwise, of Premium Bond reflected in the calculation of Premium Bond's net asset value (the "Premium Bond Liabilities").
Recourse by any person for the Bond Liabilities assumed by Diversified Bond shall, at and after the Effective Time, be limited to Diversified Bond.
Simultaneously, ACIT shall, on behalf of Diversified Bond, accept the Intermediate-Term Bond Assets and assume all liabilities, whether accrued, absolute, contingent or otherwise, of Intermediate-Term Bond reflected in the calculation of Intermediate-Term Bond's net asset value (the "Intermediate-Term Bond Liabilities").
Recourse by any person for the Intermediate-Term Bond Liabilities assumed by Diversified Bond shall, at and after the Effective Time, be limited to Diversified Bond.
Simultaneously, ACIT shall, on behalf of Diversified Bond, accept the Bond Assets and assume all liabilities, whether accrued, absolute, contingent or otherwise, of Bond reflected in the calculation of Bond's net asset value (the "Bond Liabilities").
Recourse by any person for the Premium Bond Liabilities assumed by Diversified Bond shall, at and after the Effective Time, be limited to Diversified Bond.
Simultaneously, ACGIT shall, on behalf of Short-Term Government, accept the Limited-Term Bond Assets and assume all liabilities, whether accrued, absolute, contingent or otherwise, of Limited-Term Bond reflected in the calculation of Limited-Term Bond's net asset value (the "Limited-Term Bond Liabilities").
Recourse by any person for the Limited-Term Bond Liabilities assumed by Short-Term Government shall, at and after the Effective Time, be limited to Short-Term Government.
The number of shares of Diversified Bond so issued will have an aggregate net asset value equal to the value of the Intermediate-Term Bond Assets, less the Intermediate-Term Bond Liabilities, that are represented by shares of Intermediate-Term Bond, the holders of which shall receive shares of Diversified Bond, all determined and adjusted as provided in this Agreement.
The number of shares of Diversified Bond so issued will have an aggregate net asset value equal to the value of the Premium Bond Assets, less the Premium Bond Liabilities, that are represented by shares of Premium Bond, the holders of which shall receive shares of Diversified Bond, all determined and adjusted as provided in this Agreement.