Common use of LIMITATION OF LIABILITY OF THE TRUSTEES AND SHAREHOLDERS Clause in Contracts

LIMITATION OF LIABILITY OF THE TRUSTEES AND SHAREHOLDERS. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trust personally, but shall bind only the trust property of the Trust. The execution and delivery of this Agreement have been authorized by the Trustees, and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by the Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the trust property of the Trust as provided in the Trust's Agreement and Declaration of Trust.

Appears in 41 contracts

Samples: Distribution Agreement (Variable Insurance Funds), Distribution Agreement (Coventry Group), Distribution Agreement (Pilot Funds)

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LIMITATION OF LIABILITY OF THE TRUSTEES AND SHAREHOLDERS. It is expressly acknowledged and agreed that the obligations of the Trust hereunder shall not be binding upon any of the Trustees, shareholders, nomineesTrustees, officers, employees or agents or employees of the Trust Trust, personally, but shall bind only the trust property of the Trust, as provided in its Declaration of Trust. The execution and delivery of this Agreement have been authorized by the Trustees, Trustees of the Trust and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by the such Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the trust property of the Trust as provided in the Trust's Agreement and its Declaration of Trust.

Appears in 14 contracts

Samples: Fund Administration and Accounting Agreement (Powershares Exchange Traded Fund Trust), Fund Administration and Accounting Agreement (PowerShares India Exchange-Traded Fund Trust), Fund Administration and Accounting Agreement (Powershares Exchange Traded Fund Trust)

LIMITATION OF LIABILITY OF THE TRUSTEES AND SHAREHOLDERS. It is expressly agreed that the obligations of the Trust Company hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trust Company personally, but shall bind only the trust property of the TrustCompany. The execution and delivery of this Agreement have been authorized by the Trustees, and this Agreement has been signed and delivered by an authorized officer of the TrustCompany, acting as such, and neither such authorization by the Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the trust property of the Trust Company as provided in the TrustCompany's Agreement and Declaration of Trust.

Appears in 12 contracts

Samples: Administration Agreement (Ssga International Liquidity Fund), Administration Agreement (International Currency Fund), Administration Agreement (Coventry Group)

LIMITATION OF LIABILITY OF THE TRUSTEES AND SHAREHOLDERS. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trust personally, but shall bind only the trust property of the Trust. The execution and delivery of this Agreement have has been authorized by the Trustees, and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by the Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the trust property of the Trust as provided in the Trust's Agreement and Declaration of Trust.

Appears in 11 contracts

Samples: Sub Transfer Agency Agreement (One Group Mutual Funds), Sub Transfer Agency Agreement (One Group), Sub Transfer Agency Agreement (One Group)

LIMITATION OF LIABILITY OF THE TRUSTEES AND SHAREHOLDERS. It is expressly agreed that the The obligations of the Trust hereunder shall entered into in the name or on behalf thereof by any of the Trustees, representatives or agents are made not be individually, but in such capacities, and are not binding upon any of the Trustees, shareholders, nominees, officers, agents Shareholders or employees representatives of the Trust personally, but shall bind only the trust property assets of the Trust, and all persons dealing with any series and/or class of Shares of the Trust must look solely to the assets of the Trust belonging to such series and/or class for the enforcement of any claims against the Trust. The execution and delivery of this Agreement have been authorized by the Trustees, and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by the Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the trust property of the Trust as provided in the Trust's Agreement and Declaration of Trust’s charter.

Appears in 6 contracts

Samples: Distribution Agreement (Jp Morgan Institutional Funds), Distribution Agreement (Jp Morgan Mutual Fund Select Group), Distribution Agreement (Jp Morgan Institutional Funds)

LIMITATION OF LIABILITY OF THE TRUSTEES AND SHAREHOLDERS. It is expressly acknowledged and agreed that the obligations of the Trust hereunder shall not be binding upon any of the Trustees, shareholders, nomineesTrustees, officers, employees or agents or employees of the Trust Trust; personally, but shall bind only the trust property of the Trust, as provided in its Declaration of Trust. The execution and delivery of this Agreement have been authorized by the Trustees, Trustees of the Trust and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by the such Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the trust property of the Trust as provided in the Trust's Agreement and its Declaration of Trust.

Appears in 6 contracts

Samples: Fund Administration and Accounting Agreement (PowerShares Exchange-Traded Self-Indexed Fund Trust), Fund Administration and Accounting Agreement (Powershares Actively Managed Exchange-Traded Fund Trust), Fund Administration and Accounting Agreement (Powershares Actively Managed Exchange-Traded Fund Trust)

LIMITATION OF LIABILITY OF THE TRUSTEES AND SHAREHOLDERS. It is expressly acknowledged and agreed that the obligations of the Trust hereunder shall not be binding upon any of the Trustees, shareholders, nomineestrustees, officers, employees or agents or employees of the Trust Trust, personally, but shall bind only the trust property of the Trust, as provided in its Declaration of Trust. The execution and delivery of this Agreement have been authorized by the Trustees, Sponsor of Trust and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by the Trustees Sponsor nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the trust property of the a Trust as provided in the Trust's Agreement and its Declaration of Trust.

Appears in 3 contracts

Samples: Fund Administration and Accounting Agreement (Invesco Galaxy Ethereum ETF), Fund Administration and Accounting Agreement (Invesco Galaxy Ethereum ETF), Fund Administration and Accounting Agreement (Invesco Galaxy Bitcoin ETF)

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LIMITATION OF LIABILITY OF THE TRUSTEES AND SHAREHOLDERS. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trust personally, but shall bind only the trust property of the Trust. The execution and delivery of this Agreement have been authorized by the Trustees, and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by the Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the trust property of the Trust as provided in the Trust's Agreement Amended and Restated Declaration of Trust.

Appears in 3 contracts

Samples: Fund Accounting Agreement (Variable Insurance Funds), Fund Accounting Agreement (Variable Insurance Funds), Fund Accounting Agreement (Variable Insurance Funds)

LIMITATION OF LIABILITY OF THE TRUSTEES AND SHAREHOLDERS. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trust personally, but shall bind only the trust property of the Trust. The execution and delivery of this Agreement have been authorized by the Trustees, and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by the Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the trust property of the Trust as provided in the Trust's Agreement and Declaration of Trust.

Appears in 1 contract

Samples: Fund Accounting Agreement (One Group)

LIMITATION OF LIABILITY OF THE TRUSTEES AND SHAREHOLDERS. It is expressly acknowledged and agreed that the obligations of the Trust hereunder shall not be binding upon any of the Trustees, shareholders, nomineestrustees, officers, employees or agents or employees of the Trust Trust, personally, but shall bind only the trust property of the Trust, as provided in its Declaration of Trust. The execution and delivery of this Agreement have been authorized by the Trustees, trustees of a Trust and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by the Trustees such trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the trust property of the Trust as provided in the Trust's Agreement and its Declaration of Trust.

Appears in 1 contract

Samples: Fund Administration and Accounting Agreement (Bitwise Funds Trust)

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