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 Trading Vehicle, and the obligations of the Trading Vehicle and/or the Managing Owner set forth herein are not binding upon any of the Members or Limited Owners individually, but rather, are binding only upon the assets and property of the Trading Vehicle and, to the extent provided herein, upon the assets and property of the Managing Owner.

Appears in 3 contracts

Samples: Advisory Agreement (Futures Strategic Trust), Advisory Agreement (World Monitor Trust III), Advisory Agreement (World Monitor Trust III)

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

Appears in 2 contracts

Samples: Advisory Agreement (Futures Strategic Trust), Advisory Agreement (World Monitor Trust III)

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

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust III)

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

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust III)

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

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust III)

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