Common use of Limitation of Liability of Trust Clause in Contracts

Limitation of Liability of Trust. The Sub-Adviser acknowledges that it has received notice of and accepts the limitations on the Trust’s liability as set forth in the Trust’s Declaration of Trust, as amended from time to time. In accordance therewith, the Sub-Adviser agrees that the Trust’s obligations hereunder shall be limited to the assets of the Sub-Advised Fund and, with respect to the Sub-Advised Fund, shall be limited to the assets of such Sub-Advised Fund, and no party shall seek satisfaction of any such obligation from any shareholder of the Trust, nor from any trustee, officer, or employee of the Trust.

Appears in 15 contracts

Samples: Investment Sub Advisory Agreement (State Farm Mutual Fund Trust), Investment Sub Advisory Agreement (State Farm Mutual Fund Trust), Investment Sub Advisory Agreement (State Farm Variable Product Trust)

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Limitation of Liability of Trust. The Sub-Adviser acknowledges that it has received notice of and accepts the limitations on the Trust’s liability as set forth in the Trust’s Declaration of Trust, as amended from time to time. In accordance therewith, the Sub-Adviser agrees that the Trust’s obligations hereunder shall be limited to the assets of the Sub-Advised Fund and, with respect to the Sub-Advised Fund, shall be limited to the assets of such Sub-Advised Fund, and no party shall seek satisfaction of any such obligation from any shareholder of the Trust, nor from any trustee, officer, or employee of the Trust.

Appears in 8 contracts

Samples: Investment Sub Advisory Agreement (State Farm Mutual Fund Trust), Investment Sub Advisory Agreement (State Farm Variable Product Trust), Investment Sub Advisory Agreement (State Farm Mutual Fund Trust)

Limitation of Liability of Trust. The Sub-Adviser acknowledges that it has received notice of and accepts the limitations on the Trust’s 's liability as set forth in the Trust’s 's Declaration of Trust, as amended from time to time. In accordance therewith, the Sub-Adviser agrees that the Trust’s 's obligations hereunder shall be limited to the assets of the Sub-Advised Fund Funds and, with respect to the each Sub-Advised Fund, shall be limited to the assets of such Sub-Advised Fund, and no party shall seek satisfaction of any such obligation from any shareholder of the Trust, nor from any trustee, officer, or employee of the Trust.

Appears in 7 contracts

Samples: Investment Sub Advisory Agreement (State Farm Mutual Fund Trust), Investment Sub Advisory Agreement (State Farm Mutual Fund Trust), Investment Sub Advisory Agreement (State Farm Mutual Fund Trust)

Limitation of Liability of Trust. The Sub-Sub- Adviser acknowledges that it has received notice of and accepts the limitations on the Trust’s 's liability as set forth in the Trust’s 's Declaration of Trust, as amended from time to time. In accordance therewith, the Sub-Adviser agrees that the Trust’s 's obligations hereunder shall be limited to the assets of the Sub-Advised Fund and, with respect to the Sub-Advised Fund, shall be limited to the assets of such Sub-Advised Fund, and no party shall seek satisfaction of any such obligation from any shareholder of the Trust, nor from any trustee, officer, or employee of the Trust.

Appears in 4 contracts

Samples: Investment Sub Advisory Agreement (State Farm Variable Product Trust), Investment Sub Advisory Agreement (State Farm Mutual Fund Trust), Investment Sub Advisory Agreement (State Farm Mutual Fund Trust)

Limitation of Liability of Trust. The Sub-Sub- Adviser acknowledges that it has received notice of and accepts the limitations on the Trust’s 's liability as set forth in the Trust’s 's Declaration of Trust, as amended from time to time. In accordance therewith, the Sub-Adviser agrees that the Trust’s 's obligations hereunder shall be limited to the assets of the Sub-Advised Fund and, with respect to the Sub-Advised Fund, shall be limited to the assets of such Sub-Advised Fund, and no party shall seek satisfaction of any such obligation from any shareholder of the Trust, nor from any trustee, officer, or employee of the Trust.

Appears in 4 contracts

Samples: Investment Sub Advisory Agreement (State Farm Mutual Fund Trust), Investment Sub Advisory Agreement (State Farm Variable Product Trust), Investment Sub Advisory Agreement (State Farm Mutual Fund Trust)

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Limitation of Liability of Trust. The Sub-Adviser acknowledges that it has received notice of and accepts the limitations on the Trust’s liability as set forth in the Trust’s Declaration of Trust, as amended from time to time. In accordance therewith, the Sub-Adviser agrees that the Trust’s obligations hereunder shall be limited to the assets of the Sub-Advised Fund Funds and, with respect to the each Sub-Advised Fund, shall be limited to the assets of such Sub-Advised Fund, and no party shall seek satisfaction of any such obligation from any shareholder of the Trust, nor from any trustee, officer, or employee of the Trust.

Appears in 3 contracts

Samples: Investment Sub Advisory Agreement (State Farm Variable Product Trust), Investment Sub Advisory Agreement (State Farm Mutual Fund Trust), Investment Sub Advisory Agreement (State Farm Mutual Fund Trust)

Limitation of Liability of Trust. The Sub-Adviser acknowledges that it has received notice of and accepts the limitations on the Trust’s 's liability as set forth in the Trust’s 's Declaration of Trust, as amended from time to time. In accordance therewith, the Sub-Adviser agrees that the Trust’s 's obligations hereunder shall be limited to the assets of the Sub-Advised Fund and, with respect to the Sub-Advised Fund, shall be limited to the assets of such Sub-Advised Fund, and no party shall seek satisfaction of any such obligation from any shareholder of the Trust, nor from any trustee, officer, or employee of the Trust.

Appears in 2 contracts

Samples: Investment Sub Advisory Agreement (State Farm Mutual Fund Trust), Investment Sub Advisory Agreement (State Farm Variable Product Trust)

Limitation of Liability of Trust. The Sub-Adviser acknowledges that it has received notice of and accepts the limitations on the Trust’s liability as set forth in the Trust’s Declaration of Trust, as amended from time to time. In accordance therewith, the Sub-Adviser agrees that the Trust’s obligations hereunder shall be limited to the assets of the Sub-Advised Fund Funds and, with respect to the each Sub-Advised Fund, shall be limited to the assets of such Sub-Advised Fund, and no party shall seek satisfaction of any such obligation from any shareholder of the Trust, nor from any trustee, officer, employee or employee agent of the Trust.

Appears in 2 contracts

Samples: Investment Sub Advisory Agreement (State Farm Variable Product Trust), Investment Sub Advisory Agreement (State Farm Variable Product Trust)

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