Common use of LIMITATION OF LIABILITY TO TRUST PROPERTY Clause in Contracts

LIMITATION OF LIABILITY TO TRUST PROPERTY. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of the trustees, shareholders, nominees, officers, agents or employees of the Trust personally, but bind only the trust property of the Trust, as provided in the Declaration of Trust of the Trust. The execution and delivery of this Agreement have been authorized by the trustees and shareholders of the Trust and signed by officers of the Trust, acting as such, and neither such authorization by such trustees and shareholders 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 trust property of the Trust as provided in its Declaration of Trust. A copy of the Agreement and Declaration of Trust of the Trust is on file with the Secretary of the State of Ohio.

Appears in 4 contracts

Samples: Management Agreement (Ips Funds), Management Agreement (Ips Funds), Management Agreement (Ips Funds)

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LIMITATION OF LIABILITY TO TRUST PROPERTY. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of the trustees, shareholders, nominees, officers, agents or employees of the Trust personally, but bind only the trust property of the Trust, as provided in the Trust's Declaration of Trust of the Trust. The execution and delivery of this Agreement have been authorized by the trustees Trustees and shareholders of the Trust Fund and signed by officers of the Trust, acting as such, and neither such authorization by such trustees Trustees and shareholders 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 trust property of the Trust as provided in its Declaration of Trust. A copy of the Agreement and Declaration of Trust of the Trust is on file with the Secretary of the State of Ohio.

Appears in 4 contracts

Samples: Management Agreement (Unified Series Trust), Management Agreement (Unified Series Trust), Management Agreement (Unified Series Trust)

LIMITATION OF LIABILITY TO TRUST PROPERTY. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of the trusteesTrustees, shareholders, nominees, officers, agents or employees of the Trust personally, but bind only the trust property of the Trust, as provided in the Trust's Declaration of Trust of the Trust. The execution and delivery of this Agreement have been authorized by the trustees Trustees and shareholders of the Trust Fund and signed by officers of the Trust, acting as such, and neither such authorization by such trustees Trustees and shareholders 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 trust property of the Trust as provided in its Declaration of Trust. A copy of the Agreement and Declaration of Trust of the Trust is on file with the Secretary of the State of Ohio.

Appears in 2 contracts

Samples: Management Agreement (Unified Series Trust), Management Agreement (Unified Series Trust)

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LIMITATION OF LIABILITY TO TRUST PROPERTY. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of the trusteesTrustees, shareholders, nominees, officers, agents or employees of the Trust personally, but bind only the trust property of the Trust, as provided in the Trust's Declaration of Trust of the Trust. The execution and delivery of this Agreement have been authorized by the trustees Trustees and shareholders of the Trust Funds and signed by officers of the Trust, acting as such, and neither such authorization by such trustees Trustees and shareholders 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 trust property of the Trust as provided in its Declaration of Trust. A copy of the Agreement and Declaration of Trust of the Trust is on file with the Secretary of the State of Ohio.

Appears in 2 contracts

Samples: Management Agreement (Unified Series Trust), Management Agreement (Unified Series Trust)

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