Market Assets definition
Examples of Market Assets in a sentence
Notwithstanding the foregoing, the Manager, and not the Fund, shall pay any fees accruing to affiliates of the Manager for valuation services (e.g., ABL Technologies, LLC) and asset servicing (e.g., Longevity Market Assets, LLC).
The number of shares of Tax-Free Money Market so issued will have an aggregate net asset value equal to the value of the Florida Municipal Money Market Assets, less the Florida Municipal Money Market Liabilities, that are represented by shares of Florida Municipal Money Market, the holders of which shall receive shares of Tax-Free Money Market, all determined and adjusted as provided in this Agreement.
Simultaneously, ACMT shall, on behalf of Tax-Free Money Market, accept the Florida Municipal Money Market Assets and assume all liabilities, whether accrued, absolute, contingent or otherwise, of Florida Municipal Money Market reflected in the calculation of Florida Municipal Money Market's net asset value (the "Florida Municipal Money Market Liabilities").
ACCTFMF shall have at the Effective Time confirmations or other adequate evidence as to the adjusted tax basis of the California Municipal Money Market Assets then delivered to California Tax-Free Money Market in accordance with the terms of this Agreement.
ACMT shall have at the Effective Time confirmations or other adequate evidence as to the adjusted tax basis of the Florida Municipal Money Market Assets then delivered to Tax-Free Money Market in accordance with the terms of this Agreement.
The California Municipal Money Market Assets shall be accompanied by all necessary state stock transfer stamps or cash for the appropriate purchase price therefor.
The Florida Municipal Money Market Assets shall be accompanied by all necessary state stock transfer stamps or cash for the appropriate purchase price therefor.
Simultaneously, ACCTFMF shall, on behalf of California Tax-Free Money Market, accept the California Municipal Money Market Assets and assume all liabilities, whether accrued, absolute, contingent or otherwise, of California Municipal Money Market reflected in the calculation of California Municipal Money Market's net asset value (the "California Municipal Money Market Liabilities").
The net asset value of the Florida Municipal Money Market Assets to be transferred by ACMT shall be computed by ACMT.
The net asset value of the California Municipal Money Market Assets to be transferred by ACCTFMF shall be computed by ACCTFMF.