No Liability of the Fund. The Fund does not issue or insure the Securities nor does it guarantee the payment of principal of or interest on the Securities. The Fund is not acting as a broker-dealer or an investment advisor with respect to the Securities. Participant’s investment advisory relationship under this Agreement is with Advisor. The Fund assumes no obligations pursuant to this Agreement or with respect to the Securities.
No Liability of the Fund. The parties hereto acknowledge that the Lender is a Subsidiary of the Fund and the obligations of the Lender hereunder shall not be personally binding upon any trustee or manager of the Fund, any of the unitholders of the Fund or any annuitant or beneficiary under a registered retirement savings plan or deferred profit sharing plan or any other plan of which a unitholder is trustee or carrier (an "Annuitant") and that any recourse against the Lender, the Fund, any trustee, manager or any unitholder or Annuitant in any manner in respect of any obligation or liability of the Lender arising hereunder or arising in connection herewith or from the matters to which this Agreement relates, if any, including without limitation claims based on negligence or otherwise tortuous behavior, shall be limited to and satisfied only out of the Lender's property.
No Liability of the Fund. The Fund does not issue or insure the CDs nor does it guarantee the payment of principal of or interest on the CDs. The Fund is not acting as a broker-dealer or an investment adviser with respect to the CDs. Participant’s investment advisory relationship under this Agreement is with Advisor. The Fund assumes no obligations pursuant to this Agreement or with respect to the CDs.
