Common use of Liability of Shareholders Clause in Contracts

Liability of Shareholders. Notice is hereby given that, as provided by applicable law, the obligations of or arising out of this Agreement are not binding upon any of the shareholders of the Trust individually but are binding only upon the assets and property of the Trust and that the shareholders shall be entitled, to the fullest extent permitted by applicable law, to the same limitation on personal liability as shareholders of private corporations for profit.

Appears in 217 contracts

Samples: Master Investment Advisory Agreement (Invesco Senior Income Trust), Master Investment Advisory Agreement (Invesco Municipal Income Opportunities Trust), Investment Advisory Agreement (Starboard Investment Trust)

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Liability of Shareholders. Notice is hereby given that, as provided by applicable law, the obligations of or arising out of this Agreement are not binding upon any of the shareholders of the Trust a Fund individually but are binding only upon the assets and property of the Trust Fund and that the shareholders shall be entitled, to the fullest extent permitted by applicable law, to the same limitation on personal liability as shareholders of private corporations for profit.

Appears in 15 contracts

Samples: Investment Advisory Agreement (Invesco Insured Municipal Trust), Investment Advisory Agreement (Invesco Insured Municipal Securities), Investment Advisory Agreement (Invesco California Insured Municipal Income Trust)

Liability of Shareholders. Notice is hereby given that, as provided by applicable law, the obligations of or arising out of this Agreement are not binding upon any of the shareholders of the Trust Fund individually but are binding only upon the assets and property of the Trust Fund and that the shareholders shall be entitled, to the fullest extent permitted by applicable law, to the same limitation on personal liability as shareholders of private corporations for profit.

Appears in 14 contracts

Samples: Investment Advisory Agreement (Spinnaker ETF Series), Investment Advisory Agreement (Spinnaker ETF Series), Investment Advisory Agreement (Spinnaker ETF Series)

Liability of Shareholders. Notice is hereby given that, as provided by applicable law, the obligations of or arising out of this Agreement are not binding upon any of the shareholders of the Trust Company individually but are binding only upon the assets and property of the Trust Company and that the shareholders shall be entitled, to the fullest extent permitted by applicable law, to the same limitation on personal liability as shareholders of private corporations for profit.

Appears in 12 contracts

Samples: Master Investment Advisory Agreement (Invesco Variable Investment Funds Inc), Master Investment Advisory Agreement (Aim Equity Funds), Master Investment Advisory Agreement (Aim International Funds Inc /Md/)

Liability of Shareholders. Notice is hereby given that, as provided by applicable law, the obligations of or arising out of this Agreement are not binding upon any of the shareholders of the Trust Company individually but are binding only upon the assets and property of the Trust Company and that the shareholders shall be entitled, to the fullest extent permitted by applicable law, to the same limitation on personal liability as shareholders stockholders of private corporations for profit.

Appears in 8 contracts

Samples: Master Investment Advisory Agreement (Short Term Investments Trust), Master Investment Advisory Agreement (Aim Funds Group/De), Master Investment Advisory Agreement (Aim Series Trust)

Liability of Shareholders. Notice is hereby given that, as provided by applicable law, the obligations of or arising out of this Interim Agreement are not binding upon any of the shareholders of the Trust individually but are binding only upon the assets and property of the Trust and that the shareholders shall be entitled, to the fullest extent permitted by applicable law, to the same limitation on personal liability as shareholders of private corporations for profit.

Appears in 5 contracts

Samples: Interim Investment Advisory Agreement (Starboard Investment Trust), Interim Investment Advisory Agreement (Starboard Investment Trust), Interim Investment Advisory Agreement (Starboard Investment Trust)

Liability of Shareholders. Notice is hereby given that, as provided by applicable law, the obligations of of, or arising out of of, this Agreement are not binding upon any of the shareholders of the Trust individually but are binding only upon the assets and property of the Trust and that the shareholders shall be entitled, to the fullest extent permitted by applicable law, to the same limitation on personal liability as shareholders of private corporations for profit.

Appears in 3 contracts

Samples: Master Investment Advisory Agreement (Aim Select Real Estate Income Fund), Master Investment Advisory Agreement (Aim Select Real Estate Income Fund), Master Investment Advisory Agreement (Aim Select Real Estate Income Fund)

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Liability of Shareholders. Notice This Agreement is hereby given that, as provided executed by applicable law, the obligations of or arising out of this Agreement are not binding upon any on behalf of the shareholders Trustees of the Trust individually but are binding only upon solely in their capacity as such Trustees, and shall not constitute their personal obligation either jointly or severally in their individual capacities. The shareholders, Trustees, officers or agents of the assets Trust shall not be personally liable for any obligations of the Trust under this Agreement and all parties hereto shall look solely to the property of the Trust and that for the shareholders shall be entitled, to the fullest extent permitted by applicable law, to the same limitation on personal liability as shareholders payment of private corporations for profitany claim hereunder.

Appears in 2 contracts

Samples: Change of Control Agreement (Hre Properties), Change of Control Agreement (Hre Properties)

Liability of Shareholders. Notice is hereby given that, as provided by applicable lawJaw, the obligations of or arising out of this Agreement are not binding upon any of the shareholders of the Trust individually but are binding only upon the assets and property of the Trust and that the shareholders shall be entitled, to the fullest extent permitted by applicable law, to the same limitation on personal liability as shareholders of private corporations for profit.

Appears in 1 contract

Samples: Investment Advisory Agreement (Starboard Investment Trust)

Liability of Shareholders. Notice is hereby given that, as provided by applicable law, the obligations of or arising out of this Agreement are not binding upon any of the shareholders of the Trust individually but are binding only upon the assets and property of the Trust and that the shareholders shall be entitled, to the fullest extent permitted by applicable law, to the same limitation on personal liability as shareholders of private corporations for profit.. SUB-ITEM 77Q1(E)

Appears in 1 contract

Samples: Master Investment Advisory Agreement (Aim Treasurers Series Funds)

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