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 as provided in the Trust’s Agreement and Declaration of 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 14 contracts

Samples: Investment Company Services Agreement (360 Funds), Investment Company Services Agreement (360 Funds), Investment Company Services Agreement (360 Funds)

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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 as provided in the Trust’s Agreement and Declaration of Trust. The execution and delivery of this Agreement have been authorized by the Trustees 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 9 contracts

Samples: Distribution Agreement (RidgeWorth Funds), Distribution Agreement (Sti Classic Funds), Distribution Agreement (RidgeWorth 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 as provided in the Trust’s 's Agreement and Declaration of Trust. The execution and delivery of this Agreement have been authorized by the Trustees 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 's Agreement and Declaration of Trust.

Appears in 9 contracts

Samples: Distribution Agreement (Variable Insurance Funds), Distribution Agreement (Sti Classic Funds), Distribution Agreement (Sti Classic Funds)

LIMITATION OF LIABILITY OF THE TRUSTEES AND SHAREHOLDERS. It is expressly agreed that the obligations of the Trust Fund hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trust fund personally, but shall bind only the trust property of the Trust Fund as provided in the TrustFund’s Agreement and Declaration of 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 TrustFund, 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 bust shall bind only the trust property of the Trust Fund as provided in the TrustFund’s Agreement and Declaration of Trust.

Appears in 8 contracts

Samples: Investment Company Services Agreement (360 Funds), Investment Company Services Agreement (360 Funds), Investment Company Services Agreement (M3Sixty Manager of Managers Trust)

LIMITATION OF LIABILITY OF THE TRUSTEES AND SHAREHOLDERS. It is expressly agreed that the obligations of the Trust Fund hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trust Fund personally, but shall bind only the trust property of the Trust Fund as provided in the TrustFund’s Agreement and Declaration of 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 TrustFund, 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 bust shall bind only the trust property of the Trust Fund as provided in the TrustFund’s Agreement and Declaration of Trust.

Appears in 7 contracts

Samples: Investment Company Services Agreement (Capital Management Investment Trust), Investment Company Services Agreement (Congressional Effect Family of Funds), Investment Company Services Agreement (Capital Management Investment Trust)

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 as provided in the Trust’s Agreement and Declaration of Trust. The execution and delivery of this Agreement have been authorized by the Trustees 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 's Declaration of Trust.

Appears in 6 contracts

Samples: Distribution Agreement (Republic Advisor Funds Trust), Transfer Agency Agreement (Variable Insurance Funds), Distribution Agreement (Republic Funds)

LIMITATION OF LIABILITY OF THE TRUSTEES AND SHAREHOLDERS. It is expressly agreed that the obligations of the Trust Funds hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trust fund personally, but shall bind only the trust property of the Trust Funds as provided in the Trust’s Funds’ Agreement and Declaration of 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 TrustFunds, 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 bust shall bind only the trust property of the Trust Funds as provided in the Trust’s Funds’ Agreement and Declaration of Trust.

Appears in 3 contracts

Samples: Investment Company Services Agreement (WP Trust), Investment Company Services Agreement (WP Trust), Investment Company Services Agreement (WP Trust)

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 fund personally, but shall bind only the trust property of the Trust as provided in the Trust’s Agreement and Declaration of 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 2 contracts

Samples: Investment Company Services Agreement (360 Funds), Investment Company Services Agreement (360 Funds)

LIMITATION OF LIABILITY OF THE TRUSTEES AND SHAREHOLDERS. It is expressly agreed that the obligations of the Trust Fund hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trust fund personally, but shall bind only the trust property of the Trust Fund as provided in the Trust’s Fund's Agreement and Declaration of 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 TrustFund, 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 bust shall bind only the trust property of the Trust Fund as provided in the Trust’s Fund's Agreement and Declaration of Trust.

Appears in 2 contracts

Samples: Investment Company Administration Agreement (Commonwealth International Series Trust), Investment Company Services Agreement (Pope Family of 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 fund personally, but shall bind only the trust property of the Trust as provided in the Trust’s Agreement and Declaration of 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 bust shall bind only the trust property of the Trust as provided in the Trust’s Agreement and Declaration of Trust.

Appears in 2 contracts

Samples: Investment Company Services Agreement (360 Funds), Investment Company Services Agreement (360 Funds)

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LIMITATION OF LIABILITY OF THE TRUSTEES AND SHAREHOLDERS. It is expressly agreed that the obligations of the Trust Fund hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trust Fund personally, but shall bind only the trust property of the Trust Fund as provided in the Trust’s Fund's Agreement and Declaration of 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 TrustFund, 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 bust shall bind only the trust property of the Trust Fund as provided in the Trust’s Fund's Agreement and Declaration of Trust.

Appears in 2 contracts

Samples: Investment Company Services Agreement (Epiphany Funds), Investment Company Services Agreement (Catalyst 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 as provided in the Trust’s Agreement and Declaration of 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 bust 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: Investment Company Services Agreement (Monteagle 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 as provided in the Trust’s 's Agreement and Declaration of 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 bust shall bind only the trust property of the Trust as provided in the Trust’s 's Agreement and Declaration of Trust.

Appears in 1 contract

Samples: Investment Company Services Agreement (Monteagle Funds)

LIMITATION OF LIABILITY OF THE TRUSTEES AND SHAREHOLDERS. It is expressly acknowledged and agreed that the obligations of the a Trust hereunder shall not be binding upon any of the Trustees, shareholders, nomineestrustees, officers, employees or agents or employees of the Trust a Trust, personally, but shall bind only the trust property of the Trust particular Trust, as provided in the Trust’s Agreement and 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 a 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 a Trust as provided in the Trust’s Agreement and its Declaration of Trust.

Appears in 1 contract

Samples: Fund Administration and Accounting Agreement (Invesco Exchange-Traded Fund Trust)

LIMITATION OF LIABILITY OF THE TRUSTEES AND SHAREHOLDERS. 14.1 It is expressly agreed to that the obligations of the Trust hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents agents, or employees of the Trust Trust, personally, but shall bind only the trust property of the Trust Trust, as provided in the Trust’s Agreement and Declaration of Trust of the Trust. The execution and delivery of this Agreement have been authorized by the 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 1 contract

Samples: Custodian Agreement (Johnson Mutual Funds Trust)

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 as provided in the Trust’s Agreement and Declaration of 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.. 16 | P a g e

Appears in 1 contract

Samples: Investment Company Services Agreement (FNEX Ventures)

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