General Liabilities definition

General Liabilities shall have the meaning given it in Article III, Section 6(b) of this Declaration of Trust;

General Liabilities shall have the meaning given it in Article III, Section 6(b) of this Declaration of Trust; (l) "Interested Person" shall have the meaning given that term in the 1940 Act; (m) "Investment Adviser" or "Adviser" shall mean a Person, as defined below, furnishing services to the Trust pursuant to any investment advisory or investment management contract described in Article IV, Section 7(a) hereof; (n) "National Financial Emergency" shall mean the whole or any part of any period during (i) which an emergency exists as a result of which disposal by the Trust of securities or other assets owned by the Trust is not reasonably practicable; (ii) which it is not reasonably practicable for the Trust fairly to determine the net asset value of its assets; or (iii) such other period as the Commission may by order permit for the protection of investors; (o) "Person" shall mean a natural person, partnership, limited partnership, limited liability company, trust, estate, association, corporation, organization, custodian, nominee or any other individual or entity in its own or any representative capacity, in each case, whether domestic or foreign, and a statutory trust or a foreign statutory or business trust; (p) "Principal Underwriter" shall have the meaning given that term in the 1940 Act; (q) "Series" shall mean each Series of Shares established and designated under and in accordance with the provisions of Article III hereof; (r) "Shares" shall mean the transferable shares of beneficial interest into which the beneficial interest in the Trust shall be divided from time to time, and shall include fractional and whole Shares; (s) "Shareholder" shall mean a record owner of Shares pursuant to the By-Laws; (t) "Trust" shall mean Franklin Managed Trust, the Delaware statutory trust formed under the Original Declaration of Trust, as amended, and by filing of the Certificate of Trust with the office of the Secretary of State of the State of Delaware, and governed by this Declaration of Trust; (u) "Trust Property" shall mean any and all property, real or personal, tangible or intangible, which is owned or held by or for the account of the Trust, or one or more of any Series thereof, including, without limitation, the rights referenced in Article X, Section 5 hereof; and (v) "Trustee" or "Trustees" shall mean each Person who signs this Declaration of Trust as a trustee and all other Persons who may, from time to time, be duly elected or appointed, qualified and serving on the Boar...

General Liabilities. 3 (k) "Interested Person" 3 (l) "Investment Adviser" or "Adviser" 3 (m) "National Financial Emergency" 3 (n) "Person" 3 (o) "Principal Underwriter" 3 (p) "Series" 3 (q) "Shares" 3 (r) "Shareholder" 3 (s) "Trust" 4 (t) "Trust Property" 4 (u) "Trustee" or "Trustees" 4

Examples of General Liabilities in a sentence

• Any liabilities, debts, obligations, costs, charges, reserves and expenses of the Trust which are not readily identifiable as being liabilities held with respect to any particular Series (collectively "General Liabilities") shall be allocated by the Board of Trustees, or an appropriate officer as determined by the Board of Trustees, to and among any one or more of the Series in such manner and on such basis as the Board of Trustees in its sole discretion deems fair and equitable.

• Such Liabilities together with any General Liabilities (as hereinafter defined) allocated to that Series as provided in the following sentence, are herein referred to as "Liabilities belonging to" that Series.

• Such Liabilities together with any General Liabilities (as hereinafter defined) allocated to that Series as provided in the following sentence, are herein referred to as “Liabilities belonging to” that Series.

• The Automobile & General Liabilities policies shall be endorsed to include the County as an additional insured and provide for 30 days advance written notice of any material change.

• Any amounts due the Custodian which may not be allocated in accordance with the preceding sentence shall constitute General Liabilities as defined in the Trust's Declaration of Trust and allocated by the Trust and paid in accordance with the provisions thereof.

More Definitions of General Liabilities

General Liabilities means any liabilities, expenses, costs, charges, or reserves of the Trust that are not readily identifiable as belonging to any particular Series of the Trust or any corresponding investment portfolio of the Trust.

General Liabilities means total liabilities deducted by qualified

General Liabilities have the meanings assigned to them in Articles 7(b), 7(c) and 7(d) of the Corporation's amended and restated articles of incorporation.

General Liabilities shall have the meaning given it in Article III, Section 6(b) of this Partnership Agreement.

General Liabilities is defined in Section 5.4(b).

General Liabilities. (k) "Interested Person" (l) "Investment Adviser" or "Adviser" (m) "Person" (n) "Principal Underwriter" (o) "Series" (p) "Shares" (q) "Shareholder" (r) "Trust" (s) "Trust Property" (t) "Trustee" or "Trustees"

General Liabilities means all obligations, duties, losses, liabilities, claims, fines, expenses, damages, costs or penalties created by, related to, or arising out of ownership or operation of the Assets, any contractual relationship, or any Legal Requirements, excluding Environmental Liabilities, together with any reasonable attorneys’ or arbitrators’ fees and all other related legal fees and costs in connection with any of the foregoing.