Common use of Limitation on Liabilities Clause in Contracts

Limitation on Liabilities. The obligations of the Acquired Fund and Acquiring Fund shall not bind any of the directors, Stockholders, nominees, officers, agents, employees or agents of the Acquired Fund or Acquiring Fund personally, but shall bind only the Acquired Fund or Acquiring Fund, as appropriate. The execution and delivery of this Acquisition Plan by an officer of either party shall not be deemed to have been made by the officer individually or to impose any liability on the officer personally, but shall bind only the Acquired Fund or Acquiring Fund, as appropriate.

Appears in 5 contracts

Samples: Acquisition Agreement (Alliancebernstein International Growth Fund Inc), Agreement and Plan of Acquisition and Liquidation (Alliancebernstein High Income Fund Inc), Agreement and Plan of Acquisition and Liquidation (Alliancebernstein Global Thematic Growth Fund, Inc.)

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Limitation on Liabilities. The obligations of the Acquired Fund and the Acquiring Fund shall not bind any of the directors, Stockholdersstockholders, nominees, officers, agents, employees or agents of the Acquired Fund or the Acquiring Fund personally, but shall bind only the Acquired Fund or Acquiring Fund, as appropriate. The execution and delivery of this Acquisition Plan by an officer of either party shall not be deemed to have been made by the officer individually or to impose any liability on the officer personally, but shall bind only the Acquired Fund or the Acquiring Fund, as appropriate.

Appears in 1 contract

Samples: Agreement and Plan of Acquisition and Liquidation (Alliancebernstein Global High Income Fund Inc)

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