Common use of Limitation of Liability for Claim Clause in Contracts

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 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.. 164

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 152 Massachusetts, provides that the name "Commonwealth ACommonwealth 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 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.. 158

Limitation of Liability for Claim. The Declaration of Trust of the Trust, a copy of which, together with all amendments thereto thereto, is on file in the Office of the Secretary of the Commonwealth of Massachusetts, provides that the name "Commonwealth Capstone 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 the Trust, a copy of which, together with all amendments thereto thereto, is on file in the Office of the Secretary of the Commonwealth of Massachusetts, provides that the name "Commonwealth International Series TrustCapstone Social Ethics and Religious Values 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 FundFunds, or Trustee, officer, employee or agent of the Trust, shall be subject to claims against or obligations of the Trust or of the Fund Funds 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 Funds pursuant to this Agreement shall be limited in all cases to the Fund Funds and its their assets, and the Adviser shall not seek satisfaction of any such obligation from shareholders or any shareholder of the Fund Funds 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 the Trust, a copy of which, together with all amendments thereto thereto, is on file in the Office of the Secretary of the Commonwealth of Massachusetts, provides that the name "Commonwealth International Capstone Indexed 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 FundFunds, or Trustee, officer, employee or agent of the Trust, shall be subject to claims against or obligations of the Trust or of the Fund Funds 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 Funds pursuant to this Agreement shall be limited in all cases to the Fund Funds and its their assets, and the Adviser shall not seek satisfaction of any such obligation from shareholders or any shareholder of the Fund Funds 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 the Trust, a copy of which, together with all amendments thereto thereto, is on file in the Office of the Secretary of the Commonwealth of Massachusetts, provides that the name "Commonwealth International Capstone Indexed 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 FundFunds, or Trustee, officer, employee or agent of the Trust, shall be subject to claims against or obligations of the Trust or of the Fund Funds to any extent whatsoever, but that the Trust estate only shall be liable. The Adviser 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 Trust on behalf of the Fund Funds pursuant to this Agreement shall be limited in all cases to the Fund Funds and its their assets, and the Adviser Administrator shall not seek satisfaction of any such obligation from shareholders or any shareholder of the Fund Funds or any other series of the Trust or their shareholders, or from any Trustee, officer, employee or agent of the Trust. The Adviser Administrator 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 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.