Common use of Fund Liability Clause in Contracts

Fund Liability. Any other provision to the contrary notwithstanding, any liability of the Fund under this Agreement with respect to a PPF, or in connection with the transactions contemplated herein with respect to a PPF, shall be discharged only out of the assets of that PPF, and no other portfolio of the Fund shall be liable with respect thereto.

Appears in 7 contracts

Samples: Financial Guaranty Agreement (Pilgrim Equity Trust), Financial Guaranty Agreement (Aetna Series Fund Inc), Financial Guaranty Agreement (Aetna Series Fund Inc)

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