Liabilities Belonging to Series. The assets belonging to each Series shall be charged with the liabilities in respect of that Series and all expenses, costs, charges and reserves attributable to that Series. The liabilities, expenses, costs, charges and reserves so charged to a Series are herein referred to as “liabilities belonging to” that Series. Subject to Section 8.1 hereof, no Series shall be liable for or charged with the liabilities belonging to any other Series.
Appears in 6 contracts
Samples: Agreement and Declaration of Trust (GoodHaven Funds Trust), Trust Agreement (Riverpark Funds Trust), Trust Agreement (Underlying Funds Trust)
Liabilities Belonging to Series. The assets belonging to each particular Series shall be charged with the liabilities in respect of that Series and all expenses, costs, charges and reserves attributable to that Series. The liabilities, expenses, costs, charges and reserves so charged to a Series are herein referred to as “"liabilities belonging to” " that Series. Subject to Section 8.1 hereof, no Series shall be liable for or charged with the liabilities belonging to any other Series.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Quantitative Master Series LLC), Limited Liability Company Agreement (Global Financial Services Master LLC), Limited Liability Company Agreement (Blackrock Master LLC)
