Common use of Limitation of Liability of the Trust, Trustees, and Shareholders Clause in Contracts

Limitation of Liability of the Trust, Trustees, and Shareholders. It is understood and expressly stipulated that none of the Trustees, officers, agents, or shareholders of the Trust shall be personally liable hereunder. It is understood and acknowledged that all persons dealing with the Series must look solely to the property of the Series for the enforcement of any claims against the Series as neither the Trustees, officers, agents or shareholders assume any personal liability for obligations entered into on behalf of the Trust or the Series. No series of the Trust shall be liable for the obligations of any other series.

Appears in 17 contracts

Samples: Subadvisory Agreement (Scudder Variable Series Ii), Subadvisory Agreement (Scudder Variable Series Ii), Subadvisory Agreement (Kemper Variable Series /Ma/)

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Limitation of Liability of the Trust, Trustees, and Shareholders. It is understood and expressly stipulated that none of the Trusteestrustees, officers, agents, or shareholders of the Trust shall be personally liable hereunder. It is understood and acknowledged that all persons dealing with the Series must look solely to the property of the such Series for the enforcement of any claims against the such Series as neither the Trusteestrustees, officers, agents or shareholders assume any personal liability for obligations entered into on behalf of the Trust or the Series. No series of the Trust shall be liable for the obligations of any other series.

Appears in 12 contracts

Samples: Subadvisory Agreement (Scudder Investors Trust), Subadvisory Agreement (Kemper Variable Series /Ma/), Subadvisory Agreement (Investors Fund Series)

Limitation of Liability of the Trust, Trustees, and Shareholders. It is understood and expressly stipulated that none of the Trustees, officers, agents, or shareholders of the Trust shall be personally liable hereunder. It is understood and acknowledged that all persons dealing with the Series Fund must look solely to the property of the Series Fund for the enforcement of any claims against the Series Fund as neither the Trustees, officers, agents or shareholders assume any personal liability for obligations entered into on behalf of the Trust or the SeriesFund. No series of the Trust shall be liable for the obligations of any other series.

Appears in 3 contracts

Samples: Subadvisory Agreement (Scudder Focus Value Plus Growth Fund/), Subadvisory Agreement (Scudder Focus Value Plus Growth Fund/), Subadvisory Agreement (Scudder Focus Value Plus Growth Fund/)

Limitation of Liability of the Trust, Trustees, and Shareholders. It is understood and expressly stipulated that none of the Trustees, officers, agents, or shareholders of the Trust shall be personally liable hereunder. It is understood and acknowledged that all persons dealing with the Series must look solely to the property of the such Series for the enforcement of any claims against the such Series as neither the Trustees, officers, agents or shareholders assume any personal liability for obligations entered into on behalf of the Trust or the Series. No series of the Trust shall be liable for the obligations of any other series.

Appears in 2 contracts

Samples: Subadvisory Agreement (Scudder Variable Series Ii), Subadvisory Agreement (Scudder Variable Series Ii)

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Limitation of Liability of the Trust, Trustees, and Shareholders. It is understood and expressly stipulated that none of the Trustees, officers, agents, or shareholders of the Trust shall be personally liable hereunder. It is understood and acknowledged that all persons dealing with the Series must look solely to the property of the such Series for the enforcement of any claims against the such Series as neither the Trustees, officers, agents or shareholders assume any personal liability for obligations entered into on behalf of the Trust or the Series. No series of the Trust shall be liable for the obligations of any other seriesSeries.

Appears in 2 contracts

Samples: Subadvisory Agreement (Scudder Total Return Fund), Subadvisory Agreement (Scudder Variable Series Ii)

Limitation of Liability of the Trust, Trustees, and Shareholders. It is understood and expressly stipulated that none of the Trustees, officers, agents, or shareholders of the Trust shall be personally liable hereunder. It is understood and acknowledged that all persons dealing with the Series must look solely to the property of the such Series for the enforcement of any claims against the such Series as neither the Trusteestrustees, officers, agents or shareholders assume any personal liability for obligations entered into on behalf of the Trust or the Series. No series of the Trust shall be liable for the obligations of any other series.

Appears in 2 contracts

Samples: Subadvisory Agreement (Scudder Variable Series Ii), Subadvisory Agreement (Scudder Variable Series Ii)

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