Common use of Additional Limitation of Liability Clause in Contracts

Additional Limitation of Liability. The undersigned director of the Fund has executed this Agreement not individually, but as a director under the Fund’s Amended and Restated Memorandum and Articles of Association, and the obligations of this Agreement are not binding upon any of the directors, officers or shareholders of the Fund individually. Subject to the Advisor’s rights under the Registered Fund Advisory Agreement, the Advisor agrees that for services rendered to the Fund, or for any claim by it in connection with services rendered to the Fund, it shall look only to assets of the Fund for satisfaction.

Appears in 14 contracts

Samples: Investment Advisory Agreement (Investment Managers Series Trust III), Investment Advisory Agreement (Investment Managers Series Trust III), Investment Advisory Agreement (Investment Managers Series Trust II)

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Additional Limitation of Liability. The undersigned director authorized person of the Fund has executed this Agreement not individually, but as a director an authorized person under the Fund’s Amended and Restated Memorandum and Articles of AssociationLimited Liability Company Operating Agreement, and the obligations of this Agreement are not binding upon any of the directors, officers or shareholders of the Fund individually. Subject to the Advisor’s rights under the Registered Fund Trust Advisory Agreement, the Advisor agrees that for services rendered to the Fund, or for any claim by it in connection with services rendered to the Fund, it shall look only to assets of the Fund for satisfaction.

Appears in 1 contract

Samples: Investment Advisory Agreement (Palmer Square Opportunistic Income Fund)

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