Common use of LIABILITY OF INVESTORS Clause in Contracts

LIABILITY OF INVESTORS. (a) Nothing herein shall require the Sponsor to maintain any minimum net worth or shall make any person associated with the Sponsor individually liable for any debt, liability or obligation of this FuturesAccess Fund or of the Sponsor. (b) No Investor shall have any obligation to restore any negative balance in the capital account established for each Unit pursuant to Section 2.02 (“Capital Account”) of such Investor. (c) The Sponsor shall have no obligation to restore any negative balance in any Investor’s or in the Sponsor’s Capital Account. (d) Except as provided in Section 2.08 (providing for chargebacks to current or former Investors), the Sponsor and the Investors shall be liable for the repayment, satisfaction and discharge of debts, liabilities and obligations of this FuturesAccess Fund only to the extent of the Sponsor’s or such Investor’s investment in this FuturesAccess Fund and not in excess thereof.

LIABILITY OF INVESTORS. (a) Nothing herein shall require the Sponsor to maintain any minimum net worth or shall make any person associated with the Sponsor individually liable for any debt, liability or obligation of this FuturesAccess Fund or of the Sponsor. (b) No Investor shall have any obligation to restore any negative balance in the capital account established for each Unit pursuant to Section 2.02 (“"Capital Account”") of such Investor. (c) The Sponsor shall have no obligation to restore any negative balance in any Investor’s 's or in the Sponsor’s 's Capital Account. (d) Except as provided in Section 2.08 (providing for chargebacks to current or former Investors), the Sponsor and the Investors shall be liable for the repayment, satisfaction and discharge of debts, liabilities and obligations of this FuturesAccess Fund only to the extent of the Sponsor’s 's or such Investor’s 's investment in this FuturesAccess Fund and not in excess thereof.

LIABILITY OF INVESTORS. (a) Nothing herein shall require the Sponsor to maintain any minimum net worth or shall make any person associated with the Sponsor individually liable for any debt, liability or obligation of this Systematic Momentum FuturesAccess Fund or of the Sponsor. (b) No Investor shall have any obligation to restore any negative balance in the capital account established for each Unit pursuant to Section 2.02 (“Capital Account”) of such Investor. (c) The Sponsor shall have no obligation to restore any negative balance in any Investor’s or in the Sponsor’s Capital Account. (d) Except as provided in Section 2.08 (providing for chargebacks to current or former Investors), the Sponsor and the Investors shall be liable for the repayment, satisfaction and discharge of debts, liabilities and obligations of this Systematic Momentum FuturesAccess Fund only to the extent of the Sponsor’s or such Investor’s investment in this Systematic Momentum FuturesAccess Fund and not in excess thereof.

LIABILITY OF INVESTORS. The Mxxxxxx Lxxxx FuturesAccessSM Funds (a) Nothing herein shall require the Sponsor to maintain any minimum net worth or shall make any person associated with the Sponsor individually liable for any debt, liability or obligation of this FuturesAccess Fund or of the Sponsor. (b) No Investor shall have any obligation to restore any negative balance in the capital account established for each Unit pursuant to Section 2.02 (“such Investor’s Capital Account”) of such Investor. (c) The Sponsor shall have no obligation to restore any negative balance in any Investor’s or in the Sponsor’s Capital Account. (d) Except as provided in Section 2.08 (providing for chargebacks to current or former Investors), the Sponsor and the Investors shall be liable for the repayment, satisfaction and discharge of debts, liabilities and obligations of this FuturesAccess Fund only to the extent of the Sponsor’s or such Investor’s investment in this FuturesAccess Fund and not in excess thereof.

LIABILITY OF INVESTORS. (a) Nothing herein shall require the Sponsor to maintain any minimum net worth or shall make any person associated with the Sponsor individually liable for any debt, liability or obligation of this Systematic Momentum FuturesAccess Fund or of the Sponsor. (b) No Investor shall have any obligation to restore any negative balance in the capital account established for each Unit pursuant to Section 2.02 (“Capital Account”) of such Investor. (c) The Sponsor shall have no obligation to restore any negative balance in any Investor’s 's or in the Sponsor’s 's Capital Account. (d) Except as provided in Section 2.08 (providing for chargebacks to current or former Investors), the Sponsor and the Investors shall be liable for the repayment, satisfaction and discharge of debts, liabilities and obligations of this Systematic Momentum FuturesAccess Fund only to the extent of the Sponsor’s 's or such Investor’s 's investment in this Systematic Momentum FuturesAccess Fund and not in excess thereof.

LIABILITY OF INVESTORS. (a) Nothing herein shall require the Sponsor to maintain any minimum net worth or shall make any person associated with the Sponsor individually liable for any debt, liability or obligation of this Systematic Momentum FuturesAccess Fund or of the Sponsor. (b) No Investor shall have any obligation to restore any negative balance in the capital account established for each Unit pursuant to Section 2.02 (“such Investor’s Capital Account”) of such Investor. (c) The Sponsor shall have no obligation to restore any negative balance in any Investor’s or in the Sponsor’s Capital Account. (d) Except as provided in Section 2.08 (providing for chargebacks to current or former Investors), the Sponsor and the Investors shall be liable for the repayment, satisfaction and discharge of debts, liabilities ML Systematic Momentum FuturesAccess LLC and obligations of this Systematic Momentum FuturesAccess Fund only to the extent of the Sponsor’s or such Investor’s investment in this Systematic Momentum FuturesAccess Fund and not in excess thereof.

LIABILITY OF INVESTORS. The Xxxxxxx Xxxxx FuturesAccessSM Funds (a) Nothing herein shall require the Sponsor to maintain any minimum net worth or shall make any person associated with the Sponsor individually liable for any debt, liability or obligation of this FuturesAccess Fund or of the Sponsor. (b) No Investor shall have any obligation to restore any negative balance in the capital account established for each Unit pursuant to Section 2.02 (“such Investor’s Capital Account”) of such Investor. (c) The Sponsor shall have no obligation to restore any negative balance in any Investor’s or in the Sponsor’s Capital Account. (d) Except as provided in Section 2.08 (providing for chargebacks to current or former Investors), the Sponsor and the Investors shall be liable for the repayment, satisfaction and discharge of debts, liabilities and obligations of this FuturesAccess Fund only to the extent of the Sponsor’s or such Investor’s investment in this FuturesAccess Fund and not in excess thereof.

LIABILITY OF INVESTORS. (a) Nothing herein shall require the Sponsor to maintain any minimum net worth or shall make any person associated with the Sponsor individually liable for any debt, liability or obligation of this Systematic Momentum FuturesAccess Fund or of the Sponsor. (b) No Investor shall have any obligation to restore any negative balance in the capital account established for each Unit pursuant to Section 2.02 (“"Capital Account”") of such Investor. (c) The Sponsor shall have no obligation to restore any negative balance in any Investor’s 's or in the Sponsor’s 's Capital Account. (d) Except as provided in Section 2.08 (providing for chargebacks to current or former Investors), the Sponsor and the Investors shall be liable for the repayment, satisfaction and discharge of debts, liabilities and obligations of this Systematic Momentum FuturesAccess Fund only to the extent of the Sponsor’s 's or such Investor’s 's investment in this Systematic Momentum FuturesAccess Fund and not in excess thereof.