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

Limitation of Liability of Trustees and Shareholders of the Fund. The execution and delivery of this Agreement have been authorized by the Board of the Fund and signed by an authorized officer of such Fund, acting as such, and neither such authorization by the Board nor the 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, and the obligations of this Agreement are not binding upon any of the members of the Board of the Fund, but bind only the property of the Fund as provided in, as applicable, the Fund’s articles of incorporation or declaration of trust.

Appears in 121 contracts

Samples: Transfer Agency and Service Agreement (Federated Hermes Core Trust III), Transfer Agency and Service Agreement (Federated Hermes High Income Bond Fund, Inc.), Transfer Agency and Service Agreement (Federated Hermes Municipal Bond Fund, Inc.)

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Limitation of Liability of Trustees and Shareholders of the Fund. The execution and delivery of this Agreement have been authorized by the Board of Trustees of the Fund and signed by an authorized officer of such Fund, acting as such, and neither such authorization by the Board of Trustees nor the 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, and the obligations of this Agreement are not binding upon any of the members of the Board of Trustees of the Fund, but bind only the property of the Fund as provided in, as applicable, the Fund’s articles of incorporation or declaration of trust.

Appears in 6 contracts

Samples: Fund Administration and Accounting Agreement (Alger Portfolios), Fund Administration and Accounting Agreement (Alger ETF Trust), Fund Administration and Accounting Agreement (Alger Funds)

Limitation of Liability of Trustees and Shareholders of the Fund. The execution and delivery of this Agreement have been authorized by the Board of the Fund and signed by an authorized officer of such Fund, acting as such, and neither such authorization by the Board nor the 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, and the obligations of this Agreement are not binding upon any of the members of the Board of the Fund, but bind only the property of the Fund as provided in, as applicable, the Fund’s 's articles of incorporation or declaration of trust.

Appears in 4 contracts

Samples: Transfer Agency and Service Agreement (Federated Total Return Government Bond Fund), Transfer Agency and Service Agreement (Federated MDT Series), Transfer Agency and Service Agreement (Federated Total Return Government Bond Fund)

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Limitation of Liability of Trustees and Shareholders of the Fund. The execution and delivery of this Agreement have been authorized by the Board of Trustees of the Fund and signed by an authorized officer of such Fund, acting as such, and neither such authorization by the Board of Trustees nor the 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, and the obligations of this Agreement are not binding upon any of the members of the Board of Trustees of the Fund, but bind only the property of the Fund as provided in, as applicable, the Fund’s articles of incorporation or declaration of trust.

Appears in 4 contracts

Samples: Administration and Accounting Agreement (Federated Hermes ETF Trust), Administration and Accounting Agreement (Federated Hermes ETF Trust), Administration and Accounting Agreement (Federated Hermes ETF Trust)

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