Common use of Limitation of Liability of the Directors and Shareholders Clause in Contracts

Limitation of Liability of the Directors and Shareholders. This Agreement is executed by the Fund with respect to each of its Portfolios and the obligations hereunder are not binding upon any of the directors, officers or shareholders of the Fund individually. Notwithstanding any other provision in this Agreement to the contrary, each and every obligation, liability or undertaking of a particular Portfolio under this Agreement shall constitute solely an obligation, liability or undertaking of, and be binding upon, such particular Portfolio and shall be payable solely from the available assets of such particular Portfolio and shall not be binding upon or affect any assets of any other Portfolio.

Limitation of Liability of the Directors and Shareholders. This Agreement is executed by the Fund Trust with respect to each of its Portfolios and the obligations hereunder are not binding upon any of the directorstrustees, officers or shareholders of the Fund Trust individually. Notwithstanding any other provision in this Agreement to the contrary, each and every obligation, liability or undertaking of a particular Portfolio under this Agreement shall constitute solely an obligation, liability or undertaking of, and be binding upon, such particular Portfolio and shall be payable solely from the available assets of such particular Portfolio and shall not be binding upon or affect any assets of any other Portfolio.

Limitation of Liability of the Directors and Shareholders. This Agreement is executed by the Fund with respect to each Trust on behalf of its Portfolios the Funds, and the obligations hereunder are not binding upon any of the directors, officers or shareholders of any Fund or the Fund individuallyTrust. Notwithstanding any other provision in this Agreement to the contrary, each and every obligation, liability or undertaking of a particular Portfolio Fund under this Agreement shall constitute solely an obligation, liability or undertaking of, and be binding upon, such particular Portfolio Fund and shall be payable solely from the available assets of such particular Portfolio Fund and shall not be binding upon or affect any assets of any other PortfolioFund.