Common use of Directors and Trustees Clause in Contracts

Directors and Trustees. It is understood and is expressly stipulated that neither the holders of Shares nor any member of the Board be personally liable hereunder. Whenever reference is made herein to an action required to be taken by the Board, such action may also be taken by the Board’s executive committee.

Appears in 117 contracts

Samples: Custodian Agreement (T. Rowe Price Institutional Income Funds, Inc.), Custodian Agreement (T. Rowe Price Retirement Funds, Inc.), Custodian Agreement (T. Rowe Price Spectrum Funds II, Inc.)

AutoNDA by SimpleDocs

Directors and Trustees. It is understood and is expressly stipulated that neither the holders of Shares nor any member of the Board be personally liable hereunder. Whenever reference is made herein to an action required to be taken by the Board, such action may also be taken by the Board’s Board`s executive committee.

Appears in 30 contracts

Samples: Custodian Agreement (T. Rowe Price Institutional International Funds, Inc.), Custodian Agreement (T. Rowe Price Inflation Focused Bond Fund, Inc.), Custodian Agreement (T. Rowe Price Institutional International Funds, Inc.)

AutoNDA by SimpleDocs

Directors and Trustees. It is understood and is expressly stipulated that neither the holders of Shares nor any member of the Board be personally liable hereunder. Whenever reference is made herein to an action required to be taken by the Board, such action may also be taken by the Board’s 's executive committee.

Appears in 29 contracts

Samples: Custodian Agreement (Institutional Domestic Equity Funds Inc), Custodian Agreement (Price T Rowe Tax Exempt Money Fund Inc), Custodian Agreement (Price T Rowe Gnma Fund)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!