Common use of Limitation of Liability Clause in Contracts

Limitation of Liability. Distributors is expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust or other organizational document of the Issuer and agrees that the obligations assumed by the Issuer under this contract shall be limited in all cases to the Issuer and its assets. Distributors shall not seek satisfaction of any such obligation from the shareholders or any shareholder of the Issuer. Nor shall Distributors seek satisfaction of any such obligation from the Trustees or any individual Trustee of the Issuer. Distributors understands that the rights and obligations of each series of shares of the Issuer under the Issuer's Declaration of Trust or other organizational document are separate and distinct from those of any and all other series.

Appears in 1096 contracts

Samples: General Distribution Agreement (Fidelity Advisor Series Ii), General Distribution Agreement (Fidelity Advisor Series Ii), General Distribution Agreement (Fidelity Advisor Series Ii)

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Limitation of Liability. Distributors is expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust or other organizational document of the Issuer and agrees that the obligations assumed by the Issuer under this contract shall be limited in all cases to the Issuer and its assets. Distributors shall not seek satisfaction of any such obligation from the shareholders or any shareholder of the Issuer. Nor shall Distributors seek satisfaction of any such obligation from the Trustees or any individual Trustee of the Issuer. Distributors understands that the rights and obligations of each series of shares of the Issuer under the Issuer's ’s Declaration of Trust or other organizational document are separate and distinct from those of any and all other series.

Appears in 691 contracts

Samples: General Distribution Agreement (Fidelity Covington Trust), General Distribution Agreement (Fidelity Merrimack Street Trust), General Distribution Agreement (Fidelity Salem Street Trust)

Limitation of Liability. Distributors The Distributor is expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust or other organizational document of the Issuer and agrees that the obligations assumed by the Issuer under this contract shall be limited in all cases to the Issuer and its assets. Distributors The Distributor shall not seek satisfaction of any such obligation from the shareholders or any shareholder of the Issuer. Nor shall Distributors the Distributor seek satisfaction of any such obligation from the Trustees or any individual Trustee of the Issuer. Distributors The Distributor understands that the rights and obligations of each series of shares of the Issuer under the Issuer's Declaration of Trust or other organizational document are separate and distinct from those of any and all other series.

Appears in 19 contracts

Samples: General Distribution Agreement (Fidelity School Street Trust/), General Distribution Agreement (Fidelity School Street Trust/), General Distribution Agreement (Fidelity Advisor Series Ii)

Limitation of Liability. Distributors The Distributor is expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust or other organizational document of the Issuer and agrees that the obligations assumed by the Issuer under this contract shall be limited in all cases to the Issuer and its assets. Distributors The Distributor shall not seek satisfaction of any such obligation from the shareholders or any shareholder of the Issuer. Nor shall Distributors the Distributor seek satisfaction of any such obligation from the Trustees or any individual Trustee of the Issuer. Distributors The Distributor understands that the rights and obligations of each series of shares of the Issuer under the Issuer's Declaration of Trust or other organizational document are separate and distinct from those of any and all other series.

Appears in 5 contracts

Samples: General Distribution Agreement (Fidelity Municipal Trust), General Distribution Agreement (Colchester Street Trust), General Distribution Agreement (Fidelity Union Street Trust Ii)

Limitation of Liability. Distributors is expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust or other organizational document of the Issuer and agrees that the obligations assumed by the Issuer under this contract shall be limited in all cases to the Issuer and its assets. Distributors shall not seek satisfaction of any such obligation from the shareholders or any shareholder of the Issuer. Nor shall Distributors seek satisfaction of any such obligation from the Trustees or any individual Trustee of the Issuer. Distributors understands that the rights and obligations of each series of shares of the Issuer under the Issuer's ’s Declaration of Trust Trust] or other organizational document are separate and distinct from those of any and all other series.

Appears in 4 contracts

Samples: General Distribution Agreement (Fidelity Devonshire Trust), General Distribution Agreement (Fidelity Devonshire Trust), General Distribution Agreement (Fidelity Devonshire Trust)

Limitation of Liability. Distributors is expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust or other organizational document of the Issuer and agrees that the obligations assumed by the Issuer under this contract shall be limited in all cases to the Issuer and its assets. Distributors shall not seek satisfaction of any such obligation from the shareholders or any shareholder of the Issuer. Nor shall Distributors seek satisfaction of any such obligation from the Trustees or any individual Trustee of the Issuer. Distributors understands that the rights and obligations of each series of shares of the Issuer under the Issuer's ’s Declaration of Trust Trust/ or other organizational document are separate and distinct from those of any and all other series.

Appears in 3 contracts

Samples: General Distribution Agreement (Fidelity School Street Trust), General Distribution Agreement (Fidelity Salem Street Trust), General Distribution Agreement (Fidelity Salem Street Trust)

Limitation of Liability. Distributors The Distributor is expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust or other organizational document of the Issuer and agrees that the obligations assumed by the Issuer under this contract shall be limited in all cases to the Issuer and its assets. Distributors the Distributor shall not seek satisfaction of any such obligation from the shareholders or any shareholder of the Issuer. Nor shall Distributors the Distributor seek satisfaction of any such obligation from the Trustees or any individual Trustee of the Issuer. Distributors The Distributor understands that the rights and obligations of each series of shares of the Issuer under the Issuer's Declaration of Trust or other organizational document are separate and distinct from those of any and all other series.

Appears in 2 contracts

Samples: General Distribution Agreement (Fidelity Investment Trust), Fidelity Investment Trust

Limitation of Liability. Distributors is expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust or other organizational document of the Issuer and agrees that the obligations assumed by the Issuer under this contract shall be limited in all cases to the Issuer and its assets. Distributors shall not seek satisfaction of any such obligation from the shareholders or any shareholder of the Issuer. Nor shall Distributors seek satisfaction of any such obligation from the Trustees or any individual Trustee of the Issuer. Distributors understands that the rights and obligations of each series of shares of the Issuer under the Issuer's Issuer ’s Declaration of Trust or other organizational document are separate and distinct from those of any and all other series.

Appears in 2 contracts

Samples: General Distribution Agreement (Fidelity Investment Trust), General Distribution Agreement (Fidelity Investment Trust)

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Limitation of Liability. Distributors is expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust or other organizational document of the Issuer and agrees that the obligations assumed by the Issuer under this contract shall be limited in all cases to the Issuer and its assets. Distributors shall not seek satisfaction of any such obligation from the shareholders or any shareholder of the Issuer. Nor shall Distributors seek satisfaction of any such obligation from the Trustees or any individual Trustee of the Issuer. Distributors understands that the rights and obligations of each series of shares of the Issuer under the Issuer's ’s Declaration of Trust or other organizational document are separate and distinct from those of any and all other series.

Appears in 2 contracts

Samples: General Distribution Agreement (North Carolina Capital Management Trust), General Distribution Agreement (North Carolina Capital Management Trust)

Limitation of Liability. Distributors the Distributor is expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust or other organizational document of the Issuer and agrees that the obligations assumed by the Issuer under this contract shall be limited in all cases to the Issuer and its assets. Distributors The Distributor shall not seek satisfaction of any such obligation from the shareholders or any shareholder of the Issuer. Nor shall Distributors the Distributor seek satisfaction of any such obligation from the Trustees or any individual Trustee of the Issuer. Distributors The Distributor understands that the rights and obligations of each series of shares of the Issuer under the Issuer's Declaration of Trust or other organizational document are separate and distinct from those of any and all other series.

Appears in 1 contract

Samples: General Distribution Agreement (Fidelity Municipal Trust)

Limitation of Liability. Distributors The Distributor is expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust or other organizational document of the Issuer and agrees that the obligations assumed by the Issuer under this contract shall be limited in all cases to the Issuer and its assets. Distributors the Distributor shall not seek satisfaction of any such obligation from the shareholders or any shareholder of the Issuer. Nor shall Distributors the Distributor seek satisfaction of any such obligation from the Trustees or any individual Trustee of the Issuer. Distributors The Distributor understands that the rights and obligations of each series of shares of the Issuer under the Issuer's Declaration of Trust or other organizational document are separate and distinct from those of any and all other series.

Appears in 1 contract

Samples: General Distribution Agreement (Fidelity Phillips Street Trust)

Limitation of Liability. Distributors is expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust Trus or other organizational document of the Issuer and agrees that the obligations assumed by the Issuer under this contract shall be limited in all cases to the Issuer and its assets. Distributors shall not seek satisfaction of any such obligation from the shareholders or any shareholder of the Issuer. Nor shall Distributors seek satisfaction of any such obligation from the Trustees or any individual Trustee of the Issuer. Distributors understands that the rights and obligations of each series of shares of the Issuer under the Issuer's ’s Declaration of Trust or other organizational document are separate and distinct from those of any and all other series.

Appears in 1 contract

Samples: General Distribution Agreement (Fidelity Investment Trust)

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