Common use of LIABILITY OF TRUST Clause in Contracts

LIABILITY OF TRUST. The obligations of the Trust hereunder shall not be binding upon any of the trustees, shareholders, nominees, officers, agents or employees of the Trust, personally, but shall bind only the assets and property of the Trust as provided in the Agreement and Declaration of Trust of the Trust.

Appears in 37 contracts

Samples: Investment Advisory Agreement (Monetta Trust), Investment Advisory Agreement (Arbitrage Funds), Investment Advisory Agreement (Arbitrage Funds)

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LIABILITY OF TRUST. The obligations of the Trust hereunder shall not be binding upon any of the trustees, shareholders, nominees, officers, agents or employees of the Trust, personally, but shall bind only the assets and property of the Trust as provided in the Agreement and Declaration of Trust of the Trust.

Appears in 5 contracts

Samples: Investment Advisory Agreement (Allied Asset Advisors Funds), Investment Advisory Agreement (Arbitrage Funds), Investment Advisory Agreement (Arbitrage Funds)

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LIABILITY OF TRUST. The obligations of the Trust hereunder shall not be binding upon any of the trustees, shareholders, nominees, officers, agents or employees of the Trust, personally, but shall bind only the assets and property of the Trust as provided in the Agreement and Declaration of Trust of the Trust. 11.

Appears in 2 contracts

Samples: Investment Advisory Agreement (Harris Associates Investment Trust), Investment Advisory Agreement (Harris Associates Investment Trust)

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