Common use of Independent Transactions Clause in Contracts

Independent Transactions. Transactions entered into by one or more Portfolios of the Funds are considered independent transactions and shall in no way affect transactions entered into by any other Portfolio(s). Any amount owed by the Funds with respect to any obligation arising out of the Agreement, as amended, shall be paid only out of the assets and property of the particular Portfolio(s) that entered into such transaction.

Appears in 7 contracts

Samples: Services Agreement (Schwab Charles Family of Funds), Services Agreement (Schwab Capital Trust), Services Agreement (Schwab Charles Family of Funds)

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