Common use of Matters Relating to the Trust as a Delaware Business Trust Clause in Contracts

Matters Relating to the Trust as a Delaware Business Trust. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trust personally, but shall bind only the trust property of the Trust. The execution and delivery of this Agreement have been authorized by the Trustees, and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by the Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on them personally, but shall bind only the trust property of the Trust as provided in the Trust's Declaration of Trust. * * * * * *

Appears in 2 contracts

Samples: Distribution Agreement (Performance Funds Trust), Distribution Agreement (Allianz Variable Insurance Products Trust)

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Matters Relating to the Trust as a Delaware Business Trust. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trust personally, but shall bind only the trust property of the Trust. The execution and delivery of this Agreement have been authorized by the Trustees, and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by the Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on them personally, but shall bind only the trust property of the Trust as provided in the Trust's ’s Declaration of Trust. * * * * * *

Appears in 2 contracts

Samples: Distribution Agreement (Performance Funds Trust), Distribution Plan and Agreement (American Independence Funds Trust)

Matters Relating to the Trust as a Delaware Business Trust. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trust personally, but shall bind only the trust property of the Trust. The execution and delivery of this Agreement have been authorized by the Trustees, and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by the Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on them personally, but shall bind only the trust property of the Trust as provided in the Trust's Declaration of Trust. * * * * * *.

Appears in 1 contract

Samples: Distribution Agreement (Performance Funds Trust)

Matters Relating to the Trust as a Delaware Business Trust. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trust personally, but shall bind only the trust property of the Trust. The execution and delivery of this Agreement have been authorized by the Trustees, and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by the Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on them personally, but shall bind only the trust property of the Trust as provided in the Trust's Declaration of Trust’s Trust Instrument. * * * * * *

Appears in 1 contract

Samples: Distribution Agreement (Performance Funds Trust)

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Matters Relating to the Trust as a Delaware Business Trust. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of the Trustees, the Adviser, shareholders, nominees, officers, agents or employees of the Trust personally, but shall bind only the trust property of the Trust. The execution and delivery of this Agreement have been authorized by the Trustees, and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by the Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on them personally, but shall bind only the trust property of the Trust as provided in the Trust's Declaration of Trust’s Amended and Restated Trust Instrument. * * * * * *

Appears in 1 contract

Samples: Distribution Agreement (Bjurman Barry Funds)

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