Massachusetts Law to Apply. This Agreement shall be construed and the provisions thereof interpreted under and in accordance with the laws of The Commonwealth of Massachusetts. The Custodian expressly acknowledges the provision in the Declaration of Trust of the Trust (Section 5.2 and 5.6) limiting the personal liability of the Trustees and officers of the Trust, and the Custodian hereby agrees that it shall have recourse to the Trust for payment of claims or obligations as between the Trust and the Custodian arising out of this Agreement, and the Custodian shall not seek satisfaction from any Trustee or officer of the Trust.
Appears in 29 contracts
Samples: Master Custodian Agreement (Dividend Income Portfolio), Master Custodian Agreement (International Income Portfolio), Master Custodian Agreement (Multi-Sector Portfolio)
Massachusetts Law to Apply. This Agreement shall be construed and the provisions thereof interpreted under and in accordance with the laws of The Commonwealth of Massachusetts. The Custodian expressly acknowledges the provision in the Declaration of Trust of the Trust (Section 5.2 and 5.6) limiting the personal liability of the Trustees and officers of the Trust, and the Custodian hereby agrees that it shall have recourse to the Trust for payment of claims or obligations as between the Trust and the Custodian arising out of this Agreement, Agreement and the Custodian shall not seek satisfaction from any Trustee or officer of the Trust.
Appears in 6 contracts
Samples: Custodian Agreement (Senior Debt Portfolio), Custodian Agreement (South Asia Portfolio), Custodian Agreement (Asian Small Companies Portfolio)