Common use of Massachusetts Business Trusts Clause in Contracts

Massachusetts Business Trusts. 10.1. For each Fund that is organized as a Massachusetts Business Trust, a copy of the Declaration of Trust, together with all amendments, is on file in the office of the Secretary of State of the Commonwealth of Massachusetts. The execution and delivery of this Agreement has been authorized by the Trustees and the Agreement has been signed by an authorized officer of the Fund. It is expressly agreed that the obligations of the Fund under this Agreement shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Fund, personally, but bind only the assets and property of the Fund, as provided in the Declaration of Trust.

Appears in 22 contracts

Samples: Plan of Distribution and Agreement of Distribution (Columbia Funds Series Trust II), Plan of Distribution and Agreement of Distribution (Columbia Funds Series Trust II), Agreement of Distribution (Seligman Capital Fund Inc)

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Massachusetts Business Trusts. 10.1. For each Fund that is organized as a Massachusetts Business Trust, a A copy of the Agreement and Declaration of TrustTrust of each Xxxxxx fund or series investment company (each, together with all amendmentsa "Fund"), that is a Massachusetts business trust is on file in the office of with the Secretary of State of the Commonwealth of Massachusetts. The execution , and delivery of notice is hereby given that this Agreement has been authorized is executed on behalf of such Fund by the Trustees and the Agreement has been signed by an authorized officer of the Fund. It is expressly agreed relevant Fund as Trustees, and not individually, and that the obligations of the Fund under this Agreement shall are not be binding upon any of the Trustees, shareholders, nominees, officers, agents officers or employees shareholders of the Fund, personally, Fund individually but bind are binding only upon the assets and property of the such Fund, as provided in the Declaration of Trust.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Capella Education Co), Exchange Agreement (Capella Education Co)

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