Disclaimer of Shareholder Liability. The Administrator understands that the obligations of this Agreement are not binding upon any shareholder of the Trust personally, but bind only the Trust's property; the Administrator represents that it has notice of the provisions of the Business Trust's Declaration of Trust disclaiming shareholder liability for acts or obligations of the Business Trust.
Appears in 11 contracts
Samples: Administration Agreement (Cash Assets Trust), Administration Agreement (Cash Assets Trust), Administration Agreement (Cash Assets Trust)
Disclaimer of Shareholder Liability. The Administrator understands that the obligations of this Agreement are not binding upon any shareholder of the Trust personally, but bind only the Trust's property; the Administrator represents that it has notice of the provisions of the Business Trust's Declaration of Trust disclaiming shareholder liability for acts or obligations of the Business Trust.
Appears in 5 contracts
Samples: Administration Agreement (Hawaiian Tax Free Trust), Administration Agreement (Churchill Cash Reserves Trust), Distribution Agreement (Capital Cash Management Trust)
Disclaimer of Shareholder Liability. The Administrator understands that the obligations of this Agreement are not binding upon any shareholder of the Trust Fund personally, but bind only the TrustFund's property; the Administrator represents that it has notice of the provisions of the Business TrustFund's Declaration of Trust disclaiming shareholder liability for acts or obligations of the Business TrustFund.
Appears in 3 contracts
Samples: Administration Agreement (Tax Free Fund of Colorado), Administration Agreement (Tax Free Fund for Utah), Administration Agreement (Aquila Narragansett Insured Tax Free Income Fund)
Disclaimer of Shareholder Liability. The Administrator understands that the obligations of this Agreement are not binding upon any shareholder of the Trust Fund personally, but bind only the TrustFund's property; the Administrator represents that it has notice of the provisions of the Business Trust's Declaration of Trust disclaiming shareholder liability for acts or obligations of the Business Trust.
Appears in 1 contract
Samples: Administration Agreement (Churchill Tax Free Trust)
Disclaimer of Shareholder Liability. The Administrator understands that the obligations of this Agreement are not binding upon any shareholder of the Trust personally, but bind only the Trust's property; the Administrator represents that it has notice of the provisions of the Business Trust's Declaration of Trust disclaiming shareholder liability for acts or obligations of the Business Trust.. [balance of page intentionally left blank]
Appears in 1 contract
Samples: Administration Agreement (Capital Cash Management Trust)
Disclaimer of Shareholder Liability. The Administrator Administrator/Business Manager understands that the obligations of this Agreement are not binding upon any shareholder of the Trust personally, but bind only the Trust's property; the Administrator Administrator/Business Manager represents that it has notice of the provisions of the Business Trust's Declaration of Trust disclaiming shareholder liability for acts or obligations of the Business Trust.
Appears in 1 contract
Samples: Administration and Business Management Agreement (Hawaiian Tax Free Trust)
Disclaimer of Shareholder Liability. The Administrator understands that the obligations of the Company under this Agreement are not binding upon any trustee or shareholder of the Trust Company personally, but bind only the Trust's Company and the Company’s property; the . The Administrator represents that it has notice of the provisions of the Business Trust's Declaration Company’s declaration of Trust trust (as may be amended and/or restated from time to time) disclaiming shareholder liability for acts or obligations of the Business TrustCompany.
Appears in 1 contract
Samples: Administration Agreement (Carlyle Secured Lending III)
