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 The Commonwealth of Massachusetts and notice is hereby given that this Agreement is executed on behalf of the Trustees of the Trust as trustees are not binding upon the Trustees or holders of shares of the Trust individually but are binding only upon the assets and property of the Trust.

Appears in 4 contracts

Samples: Investment Management Agreement (Markman Multifund Trust), Agreement and Plan of Reorganization (Markman Multifund Trust), Investment Management Agreement (Markman Multifund Trust)

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Limitation of Liability of Trustees and Shareholders. A copy of the Agreement and Declaration of Trust of the Trust is on file with the Secretary of State of The Commonwealth of Massachusetts Massachusetts, and notice is hereby given that this Agreement instrument is executed on behalf of the Trustees of the Trust as trustees Trustees and not individually and that the obligations of this instrument are not binding upon any of the Trustees or holders of shares of the Trust shareholders individually but are binding only upon the assets and property of each of the Trustrespective Funds.

Appears in 2 contracts

Samples: Distribution Services Agreement (Ab Trust), Distribution Services Agreement (Alliancebernstein Trust)

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