Common use of Limitation on Liability of Trustees, etc Clause in Contracts

Limitation on Liability of Trustees, etc. This Agreement has been executed on behalf of the Fund by the undersigned officer of the Fund in his or her capacity as an officer of the Fund and on behalf of the Advisor by an undersigned officer of the Advisor in his or her capacity as an officer of the Advisor. Any obligations imposed on the Fund by this Agreement shall be binding upon the assets and property of the Fund only and shall not be binding on any Director, officer or shareholder of the Fund individually.

Limitation on Liability of Trustees, etc. This Agreement agreement has been executed on behalf of the Fund by the undersigned officer of the Fund in his or her capacity as an officer of, the Fund. The obligations of the Fund and on behalf of the Advisor by an undersigned officer of the Advisor in his or her capacity as an officer of the Advisor. Any obligations imposed on the Fund by this Agreement agreement shall be binding upon the assets and property of the Fund only and shall not be binding on any DirectorTrustee, officer or shareholder of the Fund individually.

Limitation on Liability of Trustees, etc. This Agreement agreement has been executed on behalf of the Fund by the undersigned officer of the Fund in his or her capacity as an officer of the Fund Fund. The Company and on behalf of the Advisor by an undersigned officer of Adviser each understand and agree that the Advisor in his or her capacity as an officer of the Advisor. Any obligations imposed on the Fund by this Agreement shall be binding upon the assets and property of the Fund only and shall under this Agreement are not be binding on upon any Director, officer shareholder or shareholder Trustee of the Fund individuallypersonally, but bind only the Fund and the Fund's property; the Company and the Adviser each represent that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee liability for acts or obligations of the Fund.

Limitation on Liability of Trustees, etc. This Agreement agreement has been executed on behalf of the Fund by the undersigned officer of the Fund in his or her capacity as an officer of the Fund Fund. The Company and on behalf of the Advisor by an undersigned officer of Adviser each understand and agree that the Advisor in his or her capacity as an officer of the Advisor. Any obligations imposed on the Fund by this Agreement shall be binding upon the assets and property of the Fund only and shall under this Agreement are not be binding on upon any Director, officer or shareholder of the Fund individuallypersonally, but bind only the Fund and the Fund's property; the Company and the Adviser each represent that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee liability for acts or obligations of the Fund.

Limitation on Liability of Trustees, etc. This Agreement agreement has been executed on behalf of the Fund by the undersigned officer of the Fund in his or her capacity as an officer of the Fund and on behalf of the Advisor by an undersigned officer of the Advisor in his or her capacity as an officer of the AdvisorFund. Any The obligations imposed on the Fund by this Agreement shall be binding upon the assets and property of the Fund only and shall under this Agreement are not be binding on upon any Directorof the Trustees, officer officers or shareholder shareholders of the Fund individuallyindividually but are binding only upon the Fund and its assets. No Class or Portfolio of the Fund shall be liable for the obligations of any other Class or Portfolio hereunder.

Limitation on Liability of Trustees, etc. This Agreement agreement has been executed on behalf of the Fund Agent by the undersigned officer of the Fund Agent in his or her capacity as an officer of the Fund and on behalf Agent. The obligations of the Advisor by an undersigned officer of the Advisor in his or her capacity as an officer of the Advisor. Any obligations imposed on the Fund by this Agreement agreement shall be binding upon the assets and property of the Fund Agent only and shall not be binding on any DirectorTrustee, officer or shareholder of the Fund individually.

Limitation on Liability of Trustees, etc. This Agreement agreement has been executed on behalf of the Fund by the undersigned officer of the Fund in his or her capacity as an officer of the Fund and on behalf Fund. The obligations of the Advisor by an undersigned officer of the Advisor in his or her capacity as an officer of the Advisor. Any obligations imposed on the Fund by this Agreement agreement shall be binding upon the assets and property of the Fund only and shall not be binding on any Director[continued next page] ~7267778 Trustee, officer or shareholder of the Fund individually.