Common use of Limitation of Shareholder, Trustee and Officer Liability Clause in Contracts

Limitation of Shareholder, Trustee and Officer Liability. The parties acknowledge and agree that the Trustees and Officers of the Trust and the shareholders of any Fund shall not be liable for any obligations of the Trust or of any Fund under this Agreement, and each party agrees that, in asserting any rights or claims under this Agreement with respect to a Fund, it shall look only to the assets and property of such Fund to which such party’s rights or claims relate in settlement of such rights or claims, and not to the assets and property of any other Fund, the Trustees or Officers of the Trust or the shareholders of the Funds.

Limitation of Shareholder, Trustee and Officer Liability. The parties acknowledge and agree that the Trustees trustees and Officers officers of the Trust and the shareholders of any Fund shall not be liable for any obligations of the Trust or of any Fund under this Agreement, and each party agrees that, in asserting any rights or claims under this Agreement with respect to a Fund, it shall look only to the assets and property of such Fund to which such party’s 's rights or claims relate in settlement of such rights or claims, and not to the assets and property of any other Fund, the Trustees trustees or Officers officers of the Trust or the shareholders of the Funds.