Common use of Limitation of Fund Liability Clause in Contracts

Limitation of Fund Liability. MAM acknowledges that it has received notice of and accepts the limitations upon the Funds’ liability set forth in its Declaration of Trust. MAM agrees that the Funds’ obligations hereunder in any case shall be limited to the Funds and to their respective assets and that MAM shall not seek satisfaction of any such obligation from the shareholders of the Funds nor from any Trustee, officer, employee or agent of the Trust.

Appears in 4 contracts

Samples: Services Agreement (Ultra Series Fund), Services Agreement (Ultra Series Fund), Services Agreement (Ultra Series Fund)

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