Liability of Trustees, Officers, and Shareholders. The execution and delivery of this Agreement have been authorized by the Trustees of the Fund and signed by an authorized Officer of the Fund, acting as such, and neither such authorization by such Trustees nor such execution and delivery by such Officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, and the obligations of this Agreement are not binding upon any of the Trustees or shareholders of the Fund, but bind only the property of the Fund. No class of the Fund shall be liable for the obligations of another class.
Liability of Trustees, Officers, and Shareholders. The execution and ------------------------------------------------- delivery of this Agreement have been authorized by the Trustees of the Trust and signed by an authorized officer of the Trust, acting as such, and neither such authorization by such Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, and the obligations of this Agreement are not binding upon any of the Trustees or shareholders of the Trust, but bind only the trust property of the Trust as provided in the Declaration of Trust.
Liability of Trustees, Officers, and Shareholders. The Fund’s Declaration of Trust, as amended, supplemented or restated from time to time, is on file with the Secretary of the Commonwealth of Massachusetts. This Agreement was executed or made by or on behalf of the Fund by the Fund’s Trustees and/or officers, in their capacity as such and not individually, and the obligations of this Agreement are binding only upon the assets and property of the Fund or upon the assets belonging to the series for the benefit of which the Trustees have caused this Agreement to be made.
Liability of Trustees, Officers, and Shareholders. A copy of the Declaration of Trust for the Trust and the Investment Adviser is on file with the Secretary of The Commonwealth of Massachusetts, and notice is hereby given that this Sub-Advisory Agreement is executed on behalf of the Investment Adviser by an officer of the Investment Adviser, in his or her capacity as an officer and not individually. The Local Manager expressly acknowledges the provisions in the Declarations of Trust of the Fund and of the Investment Adviser limiting the personal liability of Trustees, officers, and the shareholders of the Fund and the Investment Adviser, respectively, and the Local Manager hereby agrees that it shall have recourse to the Fund or the Investment Adviser, respectively, for payment of claims or obligations as between the Fund or the Investment Adviser, respectively, and the Local Manager arising out of this Sub-Advisory Agreement and shall not seek satisfaction from the Trustees or officers of the Fund or the Investment Adviser or the shareholders of the Fund or the Investment Adviser.
Liability of Trustees, Officers, and Shareholders. The execution and delivery of this Agreement have been authorized by the Trustees of the Investment Company and signed by an authorized Officer thereof, acting as such, and neither such authorization by such Trustees nor such execution and delivery by such Officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, and the obligations of this Agreement are not binding upon any of the Trustees or shareholders of the Investment Company, but bind only the property of the Investment Company. No series or class of an Investment Company shall be liable for the obligations of another series or class.
Liability of Trustees, Officers, and Shareholders. The execution and delivery of this Agreement have been authorized by the Directors of the Fund and signed by an authorized officer of the Fund, acting as such, and neither such authorization by such Directors nor such execution and delivery by such Officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, and the obligations of this Agreement are not binding upon any of the Directors or Shareholders of the Fund, but bind only the property of the Fund.
Liability of Trustees, Officers, and Shareholders. 30. A copy of the Licensee’s Certificate of Trust is on file with the Secretary of State of the State of Delaware and the Trust’s Agreement and Declaration of Trust is on file with the Licensee. Notice is hereby given that this Agreement is executed on behalf of the Trustees of the Licensee as Trustees and not individually and that the obligations of this Agreement are not binding upon any of the Trustees, officers, or shareholders of the Licensee individually but binding only upon the assets and property of the applicable Fund or Licensee, as relevant. This Agreement is executed by or on behalf of the Licensee with respect to the relevant Fund. It is expressly acknowledged and agreed that the obligations hereunder are binding only upon the relevant Fund to which such license pertains and the assets and property of such Fund. The Licensor understands that the rights and obligations of each series of shares of the Licensee under the Licensee’s Agreement and Declaration of Trust are separate and distinct from those of any and all other series. Benchmark Index Calculation and Maintenance Agent
Liability of Trustees, Officers, and Shareholders. The execution and delivery of this Amendment have been authorized by the Trustees of the Xxxxx Xxxxx Investment Companies and signed by an authorized Officer thereof, acting as such, and neither such authorization by such Trustees nor such execution and delivery by such Officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, and the obligations of this Amendment are not binding upon any of the Trustees or shareholders of the Xxxxx Xxxxx Investment Companies, but bind only the property of each Xxxxx Xxxxx Investment Company. No series, if any, or class of any Xxxxx Xxxxx Investment Company shall be liable for the obligations of another series or class, as applicable. A copy of the Agreement and Declaration of Trust of each Xxxxx Xxxxx Investment Company that is a Massachusetts business trust is on file with the Secretary of The Commonwealth of Massachusetts. BNYM expressly acknowledges the provisions in each such Agreement and Declaration of Trust limiting the personal liability of the Trustees, Officers and shareholders of each such Xxxxx Xxxxx Investment Company, and BNYM hereby agrees that it shall have recourse to the Xxxxx Xxxxx Investment Companies for payment of claims or obligations as between the Xxxxx Xxxxx Investment Companies and BNYM arising out of this Amendment and shall not seek satisfaction from the Trustees, Officers, or shareholders of an Xxxxx Xxxxx Investment Company.
