Common use of Limitation of Liability to Fund Property Clause in Contracts

Limitation of Liability to Fund Property. The term “UNIFIED SERIES TRUST" means and refers to the Trustees from time to time serving under the Debtor's Declaration of Trust as the same may subsequently thereto have been, or subsequently hereto be, amended. It is expressly agreed that the obligations of the Debtor as borrower hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Debtor personally, but bind only the property of the Fund, a series of the Debtor (it being understood and agreed that the property of no other series of the Debtor shall be bound hereby), as provided in the Declaration of Trust. The execution and delivery of this Agreement have been authorized by the Trustees of the Debtor and signed by officers of the Debtor, acting as such, and neither such authorization by such Trustees nor such execution and delivery by such officers shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the property of the Fund.

Limitation of Liability to Fund Property. The term “UNIFIED SERIES TRUST"CITY NATIONAL ROCHDALE STRATEGIC CREDIT FUND" means and refers to the Trustees from time to time serving under the Debtor's Declaration of Trust as the same may subsequently thereto have been, or subsequently hereto be, amended. It is expressly agreed that the obligations of the Debtor as borrower hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Debtor personally, but bind only the property of the Fund, a series of the Debtor (it being understood and agreed that the property of no other series of the Debtor shall be bound hereby), as provided in the Declaration of Trust. The execution and delivery of this Agreement have been authorized by the Trustees of the Debtor and signed by officers of the Debtor, acting as such, and neither such authorization by such Trustees nor such execution and delivery by such officers shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the property of the Fund. A copy of the Declaration of Trust is on file with the Secretary of the State of Delaware.

Limitation of Liability to Fund Property. The term “"UNIFIED SERIES TRUST" means and refers to the Trustees from time to time serving under the Debtor's Declaration of Trust as the same may subsequently thereto have been, or subsequently hereto be, amended. It is expressly agreed that the obligations of the Debtor as borrower hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Debtor personally, but bind only the property of the Fund, a series of the Debtor (it being understood and agreed that the property of no other series of the Debtor shall be bound hereby), as provided in the Declaration of Trust. The execution and delivery of this Agreement have been authorized by the Trustees of the Debtor and signed by officers of the Debtor, acting as such, and neither such authorization by such Trustees nor such execution and delivery by such officers shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the property of the Fund.

Limitation of Liability to Fund Property. The term “UNIFIED SERIES TRUSTCITY NATIONAL ROCHDALE STRATEGIC CREDIT FUND" means and refers to the Trustees from time to time serving under the Debtor's Declaration of Trust as the same may subsequently thereto have been, or subsequently hereto be, amended. It is expressly agreed that the obligations of the Debtor as borrower hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Debtor personally, but bind only the property of the Fund, a series of the Debtor (it being understood and agreed that the property of no other series of the Debtor shall be bound hereby), as provided in the Declaration of Trust. The execution and delivery of this Agreement have been authorized by the Trustees of the Debtor and signed by officers of the Debtor, acting as such, and neither such authorization by such Trustees nor such execution and delivery by such officers shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the property of the Fund. A copy of the Agreement and Declaration of Trust is on file with the Secretary of the State of Delaware.