Common use of LIMITATION OF SHAREHOLDER LIABILITY Clause in Contracts

LIMITATION OF SHAREHOLDER LIABILITY. The Agent hereby agrees that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets and that the Agent shall not seek satisfaction of any such obligation from the shareholders or any shareholder of the Trust. It is further agreed that the Agent shall not seek satisfaction of any such obligations from the Board of Trustees or any individual Trustee of the Trust.

Appears in 9 contracts

Samples: Shareholder Servicing Agreement (Landmark Funds I), Shareholder Servicing Agreement (Landmark Funds I), Shareholder Servicing Agreement (Citifunds Fixed Income Trust)

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