Common use of MODIFICATIONS OF THIS Clause in Contracts

MODIFICATIONS OF THIS. ARTICLE. Any repeal or modification of this Article 9 by the Shareholders of the Trust, or adoption or modification of any other provision of this Declaration of Trust or By-laws inconsistent with this Article 9, shall be prospective only, to the extent that such repeal or modification would, if applied retrospectively, adversely affect any limitation on the liability of any Covered Person or indemnification available to any Covered Person with respect to any act or omission which occurred prior to such repeal, modification or adoption.

Appears in 5 contracts

Samples: Agreement and Declaration of Trust (Manager Directed Portfolios), Agreement and Declaration of Trust (Manager Directed Portfolios), Agreement and Declaration of Trust (Manager Directed Portfolios)

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