Liabilities of a Fund. The liabilities of each Fund shall be limited such that the debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing and relating to this Agreement with respect to a particular Fund shall be enforceable against the assets of that particular Fund only, and not against the assets of any other Fund.
Appears in 13 contracts
Samples: Administrative Services Agreement, Administrative Services Agreement (Grosvenor Registered Multi-Strategy Fund (Ti 1), LLC), Administrative Services Agreement (Grosvenor Registered Multi-Strategy Fund (W), LLC)
Liabilities of a Fund. The liabilities of each the Fund shall be limited such that the debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing and relating to this Agreement with respect to a particular Fund shall be enforceable against the assets of that particular Fund only, and not against the assets of any other Fund.
Appears in 2 contracts
Samples: Administrative Services Agreement (BlackRock Hedge Fund Guided Portfolio Solution), Administrative Services Agreement (BlackRock Preferred Partners LLC)
Liabilities of a Fund. The liabilities of each Fund the Funds shall be limited such that the debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing and relating to this Agreement with respect to a particular Fund shall be enforceable against the assets of that particular Fund only, and not against the assets of any other Fund.
Appears in 1 contract
Samples: Administrative Services Agreement (BlackRock Alternatives Allocation Portfolio LLC)
