Common use of No Liability of Limited Owners Clause in Contracts

No Liability of Limited Owners. This Agreement has been made and executed by and on behalf of the Trust, and the obligations of the Trust and/or the Managing Owner set forth herein are not binding upon any of the Limited Owners individually, but rather, are binding only upon the assets and property of the Trust, and, to the extent provided herein, upon the assets and property of the Managing Owner.

Appears in 42 contracts

Samples: Advisory Agreement (FRONTIER MASTERS SERIES, a Series of the Frontier Fund), Advisory Agreement (FRONTIER MASTERS SERIES, a Series of the Frontier Fund), Advisory Agreement (FRONTIER LONG/SHORT COMMODITY SERIES, a Series of the Frontier Fund)

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No Liability of Limited Owners. This Agreement has been made and executed by and on behalf of the TrustTrust and the Managing Owner, and the obligations of the Trust and/or the Managing Owner set forth herein in this Agreement are not binding upon any of the Limited Owners individually, but rather, are binding only upon the assets and property of the Trust, Trust and, to the extent provided herein, upon the assets and property of the Managing Owner.

Appears in 6 contracts

Samples: Advisory Agreement (World Monitor Trust III), Representation Agreement (World Monitor Trust Ii Series D), Representation Agreement (World Monitor Trust Ii Series E)

No Liability of Limited Owners. This Agreement has been made and executed by and on behalf of the Trust, and the obligations of the Trust and/or the Managing Owner set forth herein are not binding upon any of the Limited Owners individually, but rather, are binding only upon the assets and property of the Trust, Trust and, to the extent provided herein, upon the assets and property of the Managing Owner.

Appears in 6 contracts

Samples: Advisory Agreement (World Monitor Trust III), Advisory Agreement (World Monitor Trust Ii Series F), Advisory Agreement (World Monitor Trust Ii Series D)

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No Liability of Limited Owners. This Agreement has been made and executed by and on behalf of the TrustTrust and the Managing Owner, and the obligations of the Trust and/or the Managing Owner set forth herein are not binding upon any of the Limited Owners individually, but rather, are binding only upon the assets and property of the Trust, and, to the extent provided herein, upon the assets and property of the Managing Owner.

Appears in 4 contracts

Samples: Representation Agreement (World Monitor Trust Series C), Representation Agreement (World Monitor Trust Series B), Advisory Agreement (World Monitor Trust III)

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