LIMITATION ON LIABILITY OF TRUSTEES. In relation to each Fund which is a business trust, this Agreement is executed and made by the Trustees of the Fund not individually, but as trustees under the Declarations of Trust of the Fund and the obligations of this Agreement are not binding upon any of such Trustees or upon any of the shareholders of the Fund individually, but bind only the trust estate of the Fund.
Appears in 39 contracts
Samples: Administration and Fund Accounting Services Agreement (BlackRock 2037 Municipal Target Term Trust), Administration and Fund Accounting Services Agreement (BlackRock Multi-Sector Income Trust), Administration and Fund Accounting Services Agreement (Blackrock Municipal Income Fund, Inc.)
