Common use of Authorization By Board Clause in Contracts

Authorization By Board. The obligations set forth in this Agreement as having been made by the Trust have been made by the Board of Trustees, acting as such Trustees for and on behalf of the Trust, pursuant to the authority vested in them under the laws of the State of Ohio, the Declaration of Trust and the By-Laws of the Trust. This Agreement has been executed by Officers of the Trust as officers, and not individually, and the obligations contained herein are not binding upon any of the Trustees, Officers, agents or holders of shares, personally, but bind only the Trust and then only to the extent of the assets of the Trust.

Appears in 34 contracts

Samples: Custody Agreement (SGM Funds), Custody Agreement (Bruce Fund Inc), Custody Agreement (Northern Lights Fund Trust)

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Authorization By Board. The obligations set forth in this Agreement as having been made by the Trust have been made by the Board of Trustees, acting as such Trustees for and on behalf of the Trust, pursuant to the authority vested in them under the laws of the State of Ohio, the Declaration of Trust and the By-Laws of the Trust. This Agreement has been executed by Officers of the Trust as officers, and not individually, and the obligations contained herein are not binding upon any of the Trustees, Officers, agents or holders of shares, personally, but bind only the Trust and then only to the extent of the assets of the Trust. XI.

Appears in 5 contracts

Samples: Custody Agreement (Encompass Funds), Custody Agreement (Unified Series Trust), Custody Agreement (Ameriprime Insurance Trust)

Authorization By Board. The obligations set forth in this ---------------------- Agreement as having been made by the Trust have been made by the Board of Trustees, acting as such Trustees for and on behalf of the Trust, pursuant to the authority vested in them under the laws of the State of Ohio, the Declaration of Trust and the By-Laws of the Trust. This Agreement has been executed by Officers of the Trust as officers, and not individually, and the obligations contained herein are not binding upon any of the Trustees, Officers, agents or holders of shares, personally, but bind only the Trust and then only to the extent of the assets of the Trust. XI.

Appears in 2 contracts

Samples: Custody Agreement (Wallace Funds), Custody Agreement (Runkel Funds)

Authorization By Board. The obligations set forth in this Agreement as having been made by the Trust have been made by the Board of Trustees, acting as such Trustees Directors for and on behalf of the Trust, pursuant to the authority vested in them under the laws of the State of Ohio, the Declaration of Trust and the By-Laws of the Trust. This Agreement has been executed by Officers of the Trust as officers, and not individually, and the obligations contained herein are not binding upon any of the TrusteesDirectors, Officers, agents or holders of shares, personally, but bind only the Trust and then only to the extent of the assets of the Trust.

Appears in 2 contracts

Samples: Custody Agreement (Simple Capital Trust), Custody Agreement (Simple Capital Trust)

Authorization By Board. The obligations set forth in this Agreement as having been made by the Trust have been made by the Board of TrusteesDirectors, acting as such Trustees Directors for and on behalf of the Trust, pursuant to the authority vested in them under the laws of the State of Ohio, the Declaration Articles of Trust InTrust and the By-Laws of the Trust. This Agreement has been executed by Officers of the Trust as officers, and not individually, and the obligations contained herein are not binding upon any of the TrusteesDirectors, Officers, agents or holders of shares, personally, but bind only the Trust and then only to the extent of the assets of the Trust.

Appears in 1 contract

Samples: Custody Agreement (Skyhawk Funds Trust)

Authorization By Board. The obligations set forth in this Agreement ------------------------ as having been made by the Trust have been made by the Board of Trustees, acting as such Trustees for and on behalf of the Trust, pursuant to the authority vested in them under the laws of the State of Ohio, the Declaration of Trust and the By-Laws of the Trust. This Agreement has been executed by Officers of the Trust as officers, and not individually, and the obligations contained herein are not binding upon any of the Trustees, Officers, agents or holders of shares, personally, but bind only the Trust and then only to the extent of the assets of the Trust. XI.

Appears in 1 contract

Samples: Custody Agreement (Securities Management & Timing Funds)

Authorization By Board. The obligations set forth in this ----------------------- Agreement as having been made by the Trust have been made by the Board of TrusteesDirectors, acting as such Trustees Directors for and on behalf of the Trust, pursuant to the authority vested in them under the laws of the State of Ohio, the Declaration Articles of Trust Incorporation and the By-Laws of the Trust. This Agreement has been executed by Officers of the Trust as officers, and not individually, and the obligations contained herein are not binding upon any of the TrusteesDirectors, Officers, agents or holders of shares, personally, but bind only the Trust and then only to the extent of the assets of the Trust. XI.

Appears in 1 contract

Samples: Custody Agreement (Tanaka Funds Inc)

Authorization By Board. The obligations set forth in this Agreement as having been made by the Trust have been made by the Board of Trustees, acting as such Trustees for and on behalf of the Trust, pursuant to the authority vested in them under the laws of the State of Ohio, the Declaration of Trust and the By-Laws By‑Laws of the Trust. This Agreement has been executed by Officers of the Trust as officers, and not individually, and the obligations contained herein are not binding upon any of the Trustees, Officers, agents or holders of shares, personally, but bind only the Trust and then only to the extent of the assets of the Trust.

Appears in 1 contract

Samples: Custody Agreement (Pennsylvania Avenue Funds)

Authorization By Board. The obligations set forth in this ----------------------- Agreement as having been made by the Trust have been made by the Board of Trustees, acting as such Trustees for and on behalf of the Trust, pursuant to the authority vested in them under the laws of the State of Ohio, the Declaration of Trust and the By-Laws of the Trust. This Agreement has been executed by Officers of the Trust as officers, and not individually, and the obligations contained herein are not binding upon any of the Trustees, Officers, agents or holders of shares, personally, but bind only the Trust and then only to the extent of the assets of the Trust. XI.

Appears in 1 contract

Samples: Custody Agreement (Access Variable Insurance Trust)

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Authorization By Board. The obligations set forth in this Agreement as having been made by the Trust have been made by the Board of Trustees, acting as such Trustees for and on behalf of the Trust, pursuant to the authority vested in them under the laws of the State of Ohio, the Declaration Articles of Trust Incorporation and the By-Laws of the Trust. This Agreement has been executed by Officers of the Trust as officers, and not individually, and the obligations contained herein are not binding upon any of the Trustees, Officers, agents or holders of shares, personally, but bind only the Trust and then only to the extent of the assets of the Trust.

Appears in 1 contract

Samples: Custody Agreement (Roulston Funds)

Authorization By Board. The obligations set forth in this Agreement as having been made by the Trust have been made by the Board of TrusteesDirectors, acting as such Trustees Directors for and on behalf of the Trust, pursuant to the authority vested in them under the laws of the State of Ohio, the Declaration Articles of Trust Incorporation and the By-Laws of the Trust. This Agreement has been executed by Officers of the Trust as officers, and not individually, and the obligations contained herein are not binding upon any of the TrusteesDirectors, Officers, agents or holders of shares, personally, but bind only the Trust and then only to the extent of the assets of the Trust. XI.

Appears in 1 contract

Samples: Custody Agreement (Forester Funds Inc)

Authorization By Board. The obligations set forth in this ------------------------- Agreement as having been made by the Trust have been made by the Board of Trustees, acting as such Trustees for and on behalf of the Trust, pursuant to the authority vested in them under the laws of the State of Ohio, the Declaration of Trust and the By-Laws of the Trust. This Agreement has been executed by Officers of the Trust as officers, and not individually, and the obligations contained herein are not binding upon any of the Trustees, Officers, agents or holders of shares, personally, but bind only the Trust and then only to the extent of the assets of the Trust.

Appears in 1 contract

Samples: Custody Agreement (Sparrow Funds)

Authorization By Board. The obligations set forth in this ---------------------- Agreement as having been made by the Trust have been made by the Board of Trustees, acting as such Trustees for and on behalf of the Trust, pursuant to the authority vested in them under the laws of the State of Ohio, the Declaration of Trust and the By-Laws of the Trust. This Agreement has been executed by Officers of the Trust as officers, and not individually, and the obligations contained herein are not binding upon any of the Trustees, Officers, agents or holders of shares, personally, but bind only the Trust and then only to the extent of the assets of the Trust.

Appears in 1 contract

Samples: Custody Agreement (Alpha Analytics Investment Trust)

Authorization By Board. The obligations set forth in this Agreement as having been made by the Trust have been made by the Board of TrusteesDirectors, acting as such Trustees Directors for and on behalf of the Trust, pursuant to the authority vested in them under the laws of the State of Ohio, the Declaration Articles of Trust Incorporation and the By-Laws of the Trust. This Agreement has been executed by Officers of the Trust as officers, and not individually, and the obligations contained herein are not binding upon any of the TrusteesDirectors, Officers, agents or holders of shares, personally, but bind only the Trust and then only to the extent of the assets of the Trust.

Appears in 1 contract

Samples: Custody Agreement (Forester Funds Inc)

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