Common use of Fund Liability Clause in Contracts

Fund Liability. The Authorized Participant agrees and consents (the “Consent”) to look solely to the assets (the “Fund Assets”) of a Fund and to the Managing Owner and its assets for payment in respect of any claim against or obligation of that Fund. The Fund Assets include only those funds and other assets that are paid, held or distributed to the Trust on account of and for the benefit of the Fund, including, without limitation, funds delivered to the Trust for the purchase of Shares in the Fund. In furtherance of the Consent, the Authorized Participant agrees that (i) any debts, liabilities, obligations, indebtedness, expenses and claims of any nature and of all kinds and descriptions (collectively, “Claims”) of the Fund incurred, contracted for or otherwise existing and (ii) the Shares shall be subject to the following limitations:

Fund Liability. The Authorized Participant agrees and consents (the “Consent”) to look solely to the assets (the “Fund Assets”) of a Fund and to the Managing Owner Sponsor and its assets for payment in respect of any claim against or obligation of that Fund. The Fund Assets include only those funds and other assets that are paid, held or distributed to the Trust on account of and for the benefit of the Fund, including, without limitation, funds delivered to the Trust for the purchase of Shares in the Fund. In furtherance of the Consent, the Authorized Participant agrees that (i) any debts, liabilities, obligations, indebtedness, expenses and claims of any nature and of all kinds and descriptions (collectively, “Claims”) of the Fund incurred, contracted for or otherwise existing and (ii) the Shares shall be subject to the following limitations:

Fund Liability. The In accordance with Section 3.8 of the Trust Agreement, the Authorized Participant agrees and consents (the “Consent”) to look solely to the assets (the “Fund Assets”) of a the particular Fund and to the Managing Owner and its assets in controversy for payment in respect of any claim against or obligation of that such Fund. The Fund Assets include only those funds and other assets that are paid, held or distributed to the Trust on account of and for the benefit of the that particular Fund, including, without limitation, funds delivered to the Trust for the purchase of Shares in the such Fund. In furtherance of the Consent, the Authorized Participant agrees that (i) any debts, liabilities, obligations, indebtedness, expenses and claims of any nature and of all kinds and descriptions (collectively, “Claims”) of the against a Fund incurred, contracted for or otherwise existing and (ii) the Shares shall be subject to the following limitations: