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

Limitation of Liability of Trustees and Shareholders. A copy of the Declaration of Trust of the Trust is on file with the Secretary of State of Delaware, and notice is hereby given that this instrument is executed on behalf of the Trustees of the Trust as Trustees and not individually and that the obligations of this instrument are not binding upon any of the Trustees or shareholders individually but are binding only upon the assets and property of the Trust.

Appears in 28 contracts

Samples: Fund of Funds Investment Agreement (Managed Portfolio Series), Funds Investment Agreement (Proshares Trust), Funds Investment Agreement (Exchange Listed Funds Trust)

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Limitation of Liability of Trustees and Shareholders. A copy of the Declaration of Trust of the Trust is on file with the Secretary of State of Delaware, and notice andnotice is hereby given that giventhat this instrument is executed on behalf of the Trustees of the Trust as Trustees and not individually and that the obligations of this instrument are not binding upon any of the Trustees or shareholders individually but are binding only upon the assets and property of the Trust.

Appears in 1 contract

Samples: Investment Agreement (Proshares Trust)

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Limitation of Liability of Trustees and Shareholders. A copy of the Declaration of Trust of the Trust is on file with the Secretary of State of Delaware, and notice is hereby given that this instrument is executed on behalf of the Trustees of the Trust as Trustees and not individually and that the obligations of this instrument are not binding upon any of the Trustees or shareholders individually but are binding only upon the assets and the property of the Trust.

Appears in 1 contract

Samples: Funds Investment Agreement (ProFunds)

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