Common use of Limitation of Trust’s Liability Clause in Contracts

Limitation of Trust’s Liability. The Manager acknowledges that it has received notice of and accepts the limitations upon the Trust's liability set forth in its Agreement and Declaration of Trust. The Manager agrees that any of the Trust's obligations shall be limited to the assets of the Fund and that the Manager shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust officer, employee or agent of the Trust.

Appears in 7 contracts

Samples: Portfolio Management Agreement (Evergreen Equity Trust /De/), Portfolio Management Agreement (Evergreen Variable Annuity Trust /De/), Portfolio Management Agreement (Evergreen Variable Annuity Trust /De/)

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Limitation of Trust’s Liability. The Manager acknowledges that it has received notice of and accepts the limitations upon the Trust's liability set forth in its Agreement and Declaration of Trust. The Manager agrees that any of the Trust's obligations hereunder in any case shall be limited to the Trust and to its assets of the Fund and that the Manager shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust Trustee, officer, employee or agent of the Trust.

Appears in 6 contracts

Samples: Management Agreement (Met Investors Series Trust), Management Agreement (Met Investors Series Trust), Management Agreement (Met Investors Series Trust)

Limitation of Trust’s Liability. The Manager acknowledges that it has received notice of and accepts the limitations upon the Trust's liability set forth in its Agreement and Declaration of Trust. The Manager agrees that any of the Trust's obligations hereunder in any case shall be limited to the Trust and to its assets of the Fund and that the Manager shall not seek satisfaction of any such obligation from the shareholders holders of the Trust interests in any Fund nor from any Trust Trustee, officer, employee or agent of the Trust.

Appears in 4 contracts

Samples: Investment Sub Advisory Agreement (Lsa Variable Series Trust), Management Agreement (Lsa Variable Series Trust), Management Agreement (Lsa Variable Series Trust)

Limitation of Trust’s Liability. The Manager acknowledges that it has received notice of and accepts the limitations upon the Trust's ’s liability set forth in its Agreement and Declaration of Trust. The Manager agrees that any of the Trust's ’s obligations hereunder in any case shall be limited to the Trust and to its assets of the Fund and that the Manager shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust Trustee, officer, employee or agent of the Trust.

Appears in 4 contracts

Samples: Management Agreement (Brighthouse Funds Trust I), Management Agreement (Brighthouse Funds Trust I), Management Agreement (Brighthouse Funds Trust I)

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Limitation of Trust’s Liability. The Manager acknowledges that it has received notice of and accepts the limitations upon the Trust's liability set forth in its Agreement and Declaration of Trust. The Manager agrees that any of the Trust's obligations shall be limited to the assets of 24650 the Fund and that the Manager shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust officer, employee or agent of the Trust.

Appears in 1 contract

Samples: Portfolio Management Agreement (Evergreen Variable Trust /Oh)

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