Fund Limitations Clause Samples

Fund Limitations. Large Cap Core Equity Fund (formerly, Large Cap Relative Value Fund)* 1.00 %

Fund Limitations. The Fund's Declaration of Trust, as amended, supplemented or restated from time to time, is on file with the Secretary of the Commonwealth of Massachusetts. This Agreement was executed or made by or on behalf of the Fund by the Fund's Trustees and/or officers, in their capacity as such and not individually, and the obligations of this Agreement are not binding upon any of the Fund's Trustees or officers or the holders of Fund shares individually but are binding only upon the assets and property of the Fund or upon the assets belonging to the series or attributable to the class for the benefit of which the Trustees have caused this Agreement to be made.

Fund Limitations. This Agreement is executed by the Fund with respect to itself, and the obligations hereunder are not binding on any of the trustees, officers or shareholders of the Fund individually, but are binding only on the Fund to which such obligations pertain and the assets and property of such Fund. USBGFS further agrees that it shall not seek satisfaction of any such obligation from any shareholder of the Fund, nor from any trustee of the Fund, officers, employees or agents, whether past, present or future shall be personally liable therefore.

Fund Limitations. This Agreement is executed by the Company with respect to each of the Fund(s) 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 are on file with the Secretary of State of Maryland.