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

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

Appears in 17 contracts

Samples: Sub Advisory Agreement (New Covenant Funds), Sub Advisory Agreement (New Covenant Funds), Sub Advisory Agreement (New Covenant Funds)

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

Appears in 2 contracts

Samples: Sub Advisory Agreement (Hennessy Advisors Inc), Sub Advisory Agreement (New Covenant Funds)

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

Appears in 1 contract

Samples: Sub Advisory Agreement (New Covenant Funds)

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