Common use of Company Limitations Clause in Contracts

Company Limitations. This Agreement is executed by the Company with respect to each of the Funds and the obligations hereunder are not binding upon any of the Directors, officers or shareholders of the Company individually but are binding only upon the Fund to which such obligations pertain and the assets and property of such Fund. All obligations of the Company under this Agreement shall apply only on a Fund-by-Fund basis, and the assets of one Fund shall not be liable for the obligations of another Fund. The Fund’s Articles of Incorporation is on file with the State of Maryland.

Appears in 4 contracts

Samples: Transfer Agency Agreement (Fpa New Income Inc), Transfer Agency Agreement (Fpa Paramount Fund Inc), Transfer Agency Agreement (Fpa Capital Fund Inc)

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Company Limitations. This Agreement is executed by the Company with respect to each of the Funds and the obligations hereunder are not binding upon any of the Directorsdirectors, officers or shareholders of the Company individually but are binding only upon the Fund to which such obligations pertain and the assets and property of such Fund. All obligations of the Company under this Agreement shall apply only on a Fund-by-Fund basis, and the assets of one Fund shall not be liable for the obligations of another Fund. The Fund’s 's Articles of Incorporation is are on file with the State of Maryland.

Appears in 1 contract

Samples: Transfer Agency Agreement (Lifetime Achievement Fund Inc)

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