Examples of the Assets in a sentence
Subject to the terms and conditions contained herein, on the Exchange Date, the Acquiring Fund will deliver to the Acquired Fund a number of full and fractional Reorganization Shares having an aggregate net asset value equal to the value of the Assets of the Acquired Fund attributable to common shares of the Acquired Fund on such date less the value of the liabilities of the Acquired Fund attributable to common shares of the Acquired Fund on such date, determined as hereinafter provided in this Section 5.
To the extent applicable with respect to the Assets and to the extent Assignor may legally assign such rights and grant such subrogation, Assignee is hereby specifically assigned, and subrogated to, all warranties of title which Assignor may have from predecessors in interest (other than Assignor or any of its respective Affiliates).
The Trust, on behalf of the Acquired Fund, will pay or cause to be paid to the Acquiring Fund any interest, cash or such dividends, rights and other payments received for the account of the Acquired Fund on or after the Exchange Date with respect to the Assets of the Acquired Fund.
Assignee's obligations under this Section 3.2 shall run with the lands underlying the Assets.
This Assignment is intended to convey all of the Assets to Assignee pursuant to, and in accordance with, the PSA.