Common use of Limitation of Liability of Trust Clause in Contracts

Limitation of Liability of Trust. CCMA 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, CCMA agrees that the Trust's obligations hereunder shall be limited to the assets of the Portfolios, and with respect to each Portfolio shall be limited to the assets of such Portfolio, and no party shall seek satisfaction of any such obligation from any shareholder of the Trust, nor from any trustee, officer, employee or agent of the Trust.

Appears in 3 contracts

Samples: Administration Agreement (CCM Advisors Funds), Administration Agreement (CCM Advisors Funds), Administration Agreement (Ccma Select Investment Trust)

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Limitation of Liability of Trust. CCMA 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, CCMA agrees that the Trust's ’s obligations hereunder shall be limited to the assets of the Portfolios, and with respect to each Portfolio shall be limited to the assets of such Portfolio, and no party shall seek satisfaction of any such obligation from any shareholder of the Trust, nor from any trustee, officer, employee or agent of the Trust.

Appears in 1 contract

Samples: Administration Agreement (Aha Investment Funds Inc)

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Limitation of Liability of Trust. CCMA 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, CCMA agrees that the Trust's obligations hereunder shall be limited to the assets of the PortfoliosFunds, and with respect to each Portfolio Fund shall be limited to the assets of such PortfolioFund, and no party shall seek satisfaction of any such obligation from any shareholder of the Trust, nor from any trustee, officer, employee or agent of the Trust.

Appears in 1 contract

Samples: Administration Agreement (Ccma Select Investment Trust)

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