Common use of Nature of the Trust Clause in Contracts

Nature of the Trust. A. Article VII of the Declaration of Trust contains provisions limiting the liability of the Trustees, officers, employees and agents of the Trust. The obligations of the Trust created hereunder are not personally binding upon, nor shall resort be had to the property of, any of the Trustees, officers, employees or agents of the Trust or of the shareholders of the Funds, and only that portion of a Fund's property necessary to satisfy the obligations of that Fund arising hereunder shall be bound or affected by the operation of this Agreement.

Appears in 6 contracts

Samples: Transfer Agent Agreement (PFM Funds), Transfer Agent Agreement (PFM Funds), Transfer Agent Agreement (PFM Funds)

AutoNDA by SimpleDocs

Nature of the Trust. A. Article VII 5 of the Declaration of Trust contains provisions limiting the liability of the Trustees, officers, employees and agents of the Trust. The obligations of the Trust created hereunder are not personally binding upon, nor shall resort be had to the property of, any of the Trustees, officers, employees or agents of the Trust or of the shareholders of the Funds, and only that portion of a Fund's property necessary to satisfy the obligations of that Fund arising hereunder shall be bound or affected by the operation of this Agreement.

Appears in 2 contracts

Samples: Transfer Agent Agreement (Cadre Institutional Investors Trust), Transfer Agent Agreement (Cadre Institutional Investors Trust)

Nature of the Trust. A. Article VII 7 of the Declaration of Trust contains provisions limiting the liability of the Trustees, officers, employees and agents of the Trust. The obligations of the Trust created hereunder are not personally binding upon, nor shall resort be had to the property of, any of the Trustees, officers, employees or agents of the Trust or of the shareholders of the Funds, and only that portion of a Fund's property necessary to satisfy the obligations of that Fund arising hereunder shall be bound or affected by the operation of this Agreement.

Appears in 1 contract

Samples: Transfer Agent Agreement (CMG Institutional Investors Trust)

Nature of the Trust. A. Article VII 5 of the Declaration of Trust contains provisions limiting the liability of the Trustees, officers, employees and agents of the Trust. The obligations of the Trust created hereunder are not personally binding upon, nor shall resort be had to the property of, any of the Trustees, officers, employees or agents of the Trust or of the shareholders Shareholders of the FundsFund, and only that portion of a Fund's the Fund property necessary to satisfy the obligations of that Fund the trust arising hereunder shall be bound or affected by the operation of this Agreement.

Appears in 1 contract

Samples: Transfer Agent Agreement (Cadre Institutional Investors Trust)

AutoNDA by SimpleDocs

Nature of the Trust. A. Article VII 5 of the Declaration of Trust contains provisions limiting the liability of the Trustees, officers, employees and agents of the Trust. The obligations of the Trust created hereunder are not personally binding upon, nor shall resort be had to the property of, any of the Trustees, officers, employees or agents of the Trust or of the shareholders of the 6 Funds, and only that portion of a Fund's property necessary to satisfy the obligations of that Fund arising hereunder shall be bound or affected by the operation of this Agreement.

Appears in 1 contract

Samples: Transfer Agent Agreement (Cadre Institutional Investors Trust)

Nature of the Trust. A. Article VII 7 of the Declaration of Trust contains provisions limiting the liability of the Trustees, officers, employees and agents of the Trust. The obligations of the Trust created hereunder are not personally binding upon, nor shall resort be had to the property of, any of the Trustees, officers, employees or agents of the Trust or of the shareholders of the Funds, and only that portion of a Fund's property necessary to satisfy the obligations of that Fund arising hereunder shall be bound or affected by the operation of this Agreement.. B.

Appears in 1 contract

Samples: Transfer Agent Agreement (Alpine Income Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!