Limitation of Liability for Claim. The Declaration of Trust of the Trust, a copy of which, together with all amendments thereto is on file in the Office of the Secretary of the Commonwealth of Massachusetts, provides that the name "Commonwealth International Series Trust" refers to the Trustees under the Declaration of Trust collectively as trustees and not as individuals or personally, and that no shareholder of the Fund, or Trustee, officer, employee or agent of the Trust, shall be subject to claims against or obligations of the Trust or of the Fund to any extent whatsoever, but that the Trust estate only shall be liable. The Adviser is hereby expressly put on notice of the limitation of liability as set forth in the Declaration of Trust and hereby agrees that the obligations assumed by the Trust on behalf of the Fund pursuant to this Agreement shall be limited in all cases to the Fund and its assets, and the Adviser shall not seek satisfaction of any such obligation from shareholders or any shareholder of the Fund or any other series of the Trust or their shareholders, or from any Trustee, officer, employee or agent of the Trust. The Adviser understands that the rights and obligations of each Fund, or series, under the Declaration are separate and distinct from those of any and all other series.
Limitation of Liability for Claim. The Declaration of Trust of CCCF, a copy of which, together with all amendments thereto, is maintained at the offices of CCCF, provides that “A Trustee, when acting in such capacity, shall not be personally liable to any person other than the Trust or a beneficial owner for any act, omission or obligation of the Trust or any Trustee. A Trustee shall not be liable for any act or omission or any conduct whatsoever in his capacity as Trustee, provided that nothing contained herein or in the Delaware Act shall protect any Trustee against any liability to the Trust or to Shareholders to which he would otherwise be subject by reason of willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of the office of Trustee hereunder. No Trustee shall be responsible or liable for any neglect or wrong-doing of any officer, agent, employee, Investment Adviser, Administrator, Principal Underwriter, or service provider or consultant of the Trust, nor shall any Trustee be responsible for the act or omission of another Trustee. No Trustee who has been determined to be an “audit committee financial expert” (for purposes of Section 407 of the Xxxxxxxx-Xxxxx Act of 2002 or any successor provision thereto) by the Board of Trustees shall be subject to any greater liability or duty of care in discharging such Trustee’s duties and responsibilities by virtue of such determination than is any Trustee who has not been so designated.” CCS is hereby expressly put on notice of the foregoing limitations of liability of CCCF’s trustees and hereby agrees that the obligations assumed by CCCF pursuant to this Agreement shall be limited in all cases to CCCF and its assets, and CCS shall not seek satisfaction of any such obligation from shareholders or any shareholder of CCCF or any other series of CCCF or its shareholders, or from any trustee, officer, employee or agent of CCCF. With respect to SFI and CSFI, CCS understands that the rights and obligations of each Fund, or series, under the respective Articles of Incorporation are separate and distinct from those of any and all other series.
Limitation of Liability for Claim. The Distributor understands that certain rights and obligations of each Series under the Articles of Incorporation are separate and distinct from those of any and all other Series.
Limitation of Liability for Claim. The Distributor understands that certain rights and obligations of each Fund under the Articles of Incorporation are separate and distinct from those of any and all other Funds.
Limitation of Liability for Claim. The Articles of the Fund, a copy of which, together with all amendments thereto, is on file with the State of Maryland provides that the name of the Fund, as amended from time to time, refers to the Directors under the Articles collectively as Directors and not as individuals or personally, and that no shareholder of a Series, or Director, officer, employee or agent of the Fund, shall be subject to claims against or obligations of the Fund or of a Series to any extent whatsoever, but that the Fund estate only shall be liable. The Adviser is hereby expressly put on notice of the limitation of liability as set forth in the Articles and hereby agrees that the obligations assumed by the Fund on behalf of each Series pursuant to this Agreement shall be limited in all cases to the Series and its assets, and the Adviser shall not seek satisfaction of any such obligation from shareholders or any shareholder of a Series or any other series of the Fund or their shareholders, or from any Director, officer, employee or agent of the Fund. The Adviser understands that the rights and obligations of each Series, under the Declaration are separate and distinct from those of any and all other series.
Limitation of Liability for Claim. The Declaration of Trust of the Fund, a copy of which, together with all amendments thereto, is on file in the Office of the Secretary of State of Delaware, provides that the name Capstone Church Bond Fund refers to the Trustees under the Declaration of Trust collectively as Trustees and not as individuals or personally, and that no shareholder of the Fund, Trustee, officer, employee or agent of the Fund, shall be subject to claims against or obligations of the Fund to any extent whatsoever, but that the Fund estate only shall be liable. The Administrator is hereby expressly put on notice of the limitation of liability as set forth in the Declaration of Trust and hereby agrees that the obligations assumed by the Fund on behalf of the Funds pursuant to this Agreement shall be limited in all cases to the Fund and its assets, and the Administrator shall not seek satisfaction of any such obligation from shareholders or any shareholder of the Fund, or from any Trustee, officer, employee or agent of the Fund. The Administrator understands that the rights and obligations of the Fund under the Declaration of Trust are separate and distinct from those of any and all other series.
Limitation of Liability for Claim. The Articles of the Fund, a copy of which, together with all amendments thereto, is on file with the State of Maryland provides that the name of the Fund, as amended from time to time, refers to the Directors under the Articles collectively as Directors and not as individuals or personally, and that no shareholder of a Series, or Director, officer, employee or agent of the Fund, shall be subject to claims against or obligations of the Fund or of a Series to any extent whatsoever, but that the Fund estate only shall be liable. Investment Advisory Agreement – Xxxxxxx Funds, Inc. Effective: February 14, 2017 The Adviser is hereby expressly put on notice of the limitation of liability as set forth in the Articles and hereby agrees that the obligations assumed by the Fund on behalf of each Series pursuant to this Agreement shall be limited in all cases to the Series and its assets, and the Adviser shall not seek satisfaction of any such obligation from shareholders or any shareholder of a Series or any other series of the Fund or their shareholders, or from any Director, officer, employee or agent of the Fund. The Adviser understands that the rights and obligations of each Series, under the Declaration are separate and distinct from those of any and all other series.
Limitation of Liability for Claim. The Articles of Incorporation of the Fund, a copy of which, together with all amendments thereto, is on file in the Office of the Attorney General of the State of Maryland, provides that the name "Capstone Christian Values Trust" refers to the Directors under the Articles of Incorporation collectively as directors and not as individuals or personally, and that no shareholder of the Funds, Director, officer, employee or agent of the Fund, shall be subject to claims against or obligations of the Fund or of the Funds to any extent whatsoever, but that the Fund estate only shall be liable. The Administrator is hereby expressly put on notice of the limitation of liability as set forth in the Articles of Incorporation and hereby agrees that the obligations assumed by the Fund on behalf of the Funds pursuant to this Agreement shall be limited in all cases to the Funds and their assets, and the Administrator shall not seek satisfaction of any such obligation from shareholders or any shareholder of the Funds or any other series of the Fund or their shareholders, or from any Director, officer, employee or agent of the Fund. The Administrator understands that the rights and obligations of each Fund, or series, under the Articles of Incorporation are separate and distinct from those of any and all other series.
Limitation of Liability for Claim. CCS understands that the rights and obligations of each Fund under the Company’s Articles of Incorporation are separate and distinct from those of any and all other Funds.
Limitation of Liability for Claim. The Articles of Incorporation of the Company, a copy of which, together with all amendments thereto, is on file in the State Department of Assessments and Taxation of the State of Maryland, provides that the name of the Company, as amended from time to time, refers to the directors under the Articles of Incorporation collectively as directors and not as individuals or personally, and that no shareholder of a Fund or any director, officer, employee or agent of the Company, shall be subject to claims against or obligations of the Company or of the Funds to any extent whatsoever, but that the Company estate only shall be liable. The Administrator is hereby expressly put on notice of the limitation of liability as set forth in the Articles of Incorporation and hereby agrees that the obligations assumed by the Company on behalf of the Funds pursuant to this Agreement shall be limited in all cases to the Funds and their assets, and the Administrator shall not seek satisfaction of any such obligation from shareholders or any shareholder of a Fund or any other series of the Company or their shareholders, or from any director, officer, employee or agent of the Company. The Administrator understands that the rights and obligations of each Fund, or series, under the Articles of Incorporation are separate and distinct from those of any and all other series.
