Common use of Limitation of Personal Liability Clause in Contracts

Limitation of Personal Liability. All the parties hereto acknowledge and agree that all liabilities of the Trust arising, directly or indirectly, under this Agreement, of any and every nature whatsoever, shall be satisfied solely out of the assets of the Fund and that no Trustee, officer or holder of shares of beneficial interest of the Trust shall be personally liable for any of the foregoing liabilities. The Trust Instrument describes in detail the respective responsibilities and limitations on liability of the Trustees, officers and holders of shares of beneficial interest of the Trust.

Appears in 357 contracts

Samples: Investment Advisory Agreement (Janus Investment Fund), Investment Advisory Agreement (Janus Investment Fund), Investment Advisory Agreement (Janus Investment Fund)

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Limitation of Personal Liability. All ~~All the parties hereto acknowledge and agree that all liabilities of the Trust arising, directly or indirectly, under this Agreement, of any and every nature whatsoever, shall be satisfied solely out of the assets of the Fund and that no Trustee, officer or holder of shares of beneficial interest of the Trust shall be personally liable for any of the foregoing liabilities. The liabilities.~~The Trust Instrument describes in detail the respective responsibilities and limitations on liability of the Trustees, officers and holders of shares of beneficial interest of the Trust.

Appears in 12 contracts

Samples: Investment Advisory Agreement (Janus Aspen Series), Investment Advisory Agreement (Janus Aspen Series), Investment Advisory Agreement (Janus Aspen Series)

Limitation of Personal Liability. All the parties hereto acknowledge and agree that all liabilities of the Trust arising, directly or indirectly, under this Agreement, of any and every nature whatsoever, shall be satisfied solely out of the assets of the Fund and that no Trustee, officer or holder of shares of beneficial interest of the Trust shall be personally liable for any of the foregoing liabilities. The Declaration of Trust Instrument describes in detail the respective responsibilities and limitations on liability of the Trustees, officers and holders of shares of beneficial interest of the Trust.

Appears in 11 contracts

Samples: Investment Advisory Agreement (Janus Investment Fund), Investment Advisory Agreement (Janus Investment Fund), Investment Advisory Agreement (Janus Investment Fund)

Limitation of Personal Liability. All the The parties hereto to this Agreement acknowledge and agree that all liabilities of the Trust arising, directly or indirectly, under this Agreement, of any and every nature whatsoever, shall be satisfied solely out of the assets of the Fund Trust and that no Trustee, officer officer, employee or agent, or holder of shares of beneficial interest of the Trust Trust, whether past, present or future, shall be personally liable for any of the foregoing such liabilities. The Trust Instrument describes in detail the respective responsibilities and limitations on liability of the Trustees, officers and holders of shares of beneficial interest of the Trust.

Appears in 7 contracts

Samples: Distribution Agreement (Janus Adviser), Distribution Agreement (Janus Adviser Series), Distribution Agreement (Janus Adviser)

Limitation of Personal Liability. All the parties hereto acknowledge and agree that all liabilities of the Trust arising, directly or indirectly, under this Agreement, of any and every nature whatsoever, shall be satisfied solely out of the assets of the Fund Trust and that no Trustee, officer or holder of shares of beneficial interest of the Trust shall be personally liable for any of the foregoing liabilities. The Trust’s Trust Instrument describes in detail the respective responsibilities and limitations on liability of the Trustees, officers and holders of shares of beneficial interest of the Trust.

Appears in 3 contracts

Samples: Administration Agreement (Janus Detroit Street Trust), Administration Agreement (Clayton Street Trust), Administration Agreement (Janus Detroit Street Trust)

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Limitation of Personal Liability. All the parties hereto acknowledge and agree that all liabilities of the Trust arising, directly or indirectly, under this Agreement, of any and every nature whatsoever, shall be satisfied solely out of the assets of the Fund and that no Trustee, officer or holder of shares of beneficial interest of the Trust shall be personally liable for any of the foregoing liabilities. The Trust Instrument Declaration of Trust, describes in detail the respective responsibilities and limitations on liability of the Trustees, officers and holders of shares of beneficial interest of the Trust.

Appears in 3 contracts

Samples: Investment Advisory Agreement (Janus Investment Fund), Investment Advisory Agreement (Janus Investment Fund), Investment Advisory Agreement (Janus Investment Fund)

Limitation of Personal Liability. All the parties hereto acknowledge and agree that all liabilities of the Trust arising, directly or indirectly, under this Agreement, of any and every nature whatsoever, shall be satisfied solely out of the assets of the Fund Trust and that no Trustee, officer or holder of shares of beneficial interest of the Trust shall be personally liable for any of the foregoing liabilities. The Trust’s Agreement and Declaration of Trust Instrument describes in detail the respective responsibilities and limitations on liability of the Trustees, officers and holders of shares of beneficial interest of the Trust.

Appears in 2 contracts

Samples: Administration Agreement (Janus Aspen Series), Administration Agreement (Janus Investment Fund)

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