Series Liabilities definition

Series Liabilities means as of any particular time any and all debts, obligations or other liabilities, contingent or otherwise, of or relating to a particular Series of the Trust.
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Series Liabilities means, with respect to a series of Shares of a Class, the liabilities referable to that series of a Class, other than the Corporation Liabilities and Class Liabilities;
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Series Liabilities shall have the meaning set forth in Section 5.1(d)(i).
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Examples of Series Liabilities in a sentence

  • All Series Liabilities shall be enforceable against the Series Property of that Series only and not against the assets of the Company generally or the assets associated with any other Series.

  • All Series Liabilities shall be enforceable against the Series Property of that Series only and not against the assets associated with any other Series.


More Definitions of Series Liabilities

Series Liabilities means the liabilities of the Issuer in respect of this Series identified in the Accounting Records (by way of the prefixing of a unique numeral) as being attributable solely to this Series;
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Series Liabilities means as of any particular time any and all debts, obligations or other liabilities, contingent or otherwise, of or relating to a particular Series of the Trust. "Series Property" shall mean as of any particular time any and all property, real or personal, tangible or intangible, which at such time is owned or held by or for the account of a particular Series. "Shareholders" shall mean as of any particular time the holders of record of outstanding Shares of the Trust, any Series of the Trust or any Class of any Series, as applicable, at such time. "Shares" shall mean the transferable units of beneficial interest in the Trust or in a Series of the Trust and includes fractions of Shares as well as whole Shares, which Shares may be classified as relating to particular Series and Classes within a Series. All references to Shares shall be deemed to be Shares of any or all Series or Classes as the context may require. "Trust" shall mean the trust established pursuant to the Initial Declaration and the Certificate and continued pursuant to the terms of this Declaration. "Trustees" shall mean the trustees in office on the date hereof, so long as each such Person shall continue in office in accordance with the terms hereof, and all other Persons who at the time in question have been duly elected or appointed and have qualified as trustees in accordance with the provisions hereof and are then in office.
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Series Liabilities means, in respect of any particular series of Trust Units, the liabilities of such series of Trust Units for the Distribution Period that are referable specifically to that series.
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Series Liabilities means, in respect of any particular series of a Trust, the liabilities of a Trust at the relevant time that are referable specifically to that series;
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Related to Series Liabilities

  • Liabilities means any and all debts, liabilities and obligations, whether accrued or fixed, absolute or contingent, matured or unmatured or determined or determinable, including, without limitation, those arising under any Law, Action or Governmental Order and those arising under any contract, agreement, arrangement, commitment or undertaking.

  • Intra-Group Liabilities means the Liabilities owed by any member of the Group to any of the Intra-Group Lenders.

  • MREL Eligible Liabilities means “eligible liabilities” (or any equivalent or successor term) which are available to meet any MREL Requirement (however called or defined by then Applicable MREL Regulations) of the Issuer under Applicable MREL Regulations;

  • Excluded Liabilities has the meaning set forth in Section 2.4.

  • Other Liabilities means any and all liabilities of any type whatsoever (including, but not limited to, judgments, fines, penalties, ERISA (or other benefit plan related) excise taxes or penalties, and amounts paid in settlement and all interest, taxes, assessments and other charges paid or payable in connection with or in respect of any such judgments, fines, ERISA (or other benefit plan related) excise taxes or penalties, or amounts paid in settlement).

  • Stated Liabilities means the recorded liabilities (including contingent liabilities that would be recorded in accordance with GAAP) of the Borrower and its Subsidiaries taken as a whole, as of the date hereof after giving effect to the consummation of the Transactions, determined in accordance with GAAP consistently applied.

  • Assumed Obligations has the meaning specified in Section 2.2.

  • Assumed Liabilities has the meaning set forth in Section 2.3.