Common use of No Limited Owner Liability Clause in Contracts

No Limited Owner Liability. This Agreement has been made and executed by and on behalf of the Trust, the Trading Company and the Managing Owner for the benefit of the Units of the applicable Series of the Trust and the obligations of the Trust, the Trading Company and/or the Managing Owner set forth herein are not binding upon any of the Limited Owners individually but are binding only upon the assets and property identified above and no resort shall be had to the assets of other Series issued by the Trust or the Limited Owners’ personal property for the satisfaction of any obligation or claim hereunder.

Appears in 7 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 Limited Owner Liability. This Agreement has been made and executed by and on behalf of the Trust, the Trading Company and the Managing Owner for the benefit of the Units of the applicable Series of the Trust and the obligations of the Trust, the Trading Company and/or the Managing Owner set forth herein are not binding upon any of the Limited Owners individually but are binding only upon the assets and property identified above and no resort shall be had to the assets of other Series issued by the Trust or the Limited Owners' personal property for the satisfaction of any obligation or claim hereunder.

Appears in 4 contracts

Samples: Advisory Agreement (Frontier Fund), Advisory Agreement (Frontier Fund), Advisory Agreement (Frontier Fund)

No Limited Owner Liability. This Agreement has been made and executed by and on behalf of the Trust, the Trading Company Trust and the Managing Owner for the benefit of the Units of the applicable Series C Interests of the Trust and the obligations of the Trust, the Trading Company Trust and/or the Managing Owner set forth herein are not binding upon any of the Limited Owners individually but are binding only upon the assets and property identified above and no resort shall be had to the assets of other Series issued by the Trust or the Limited Owners' personal property for the satisfaction of any obligation or claim hereunder.

Appears in 3 contracts

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

No Limited Owner Liability. This Agreement has been made and executed by and on behalf of the Trust, the Trading Company Trust and the Managing Owner for the benefit of the Units of the applicable Series A Interests of the Trust and the obligations of the Trust, the Trading Company Trust and/or the Managing Owner set forth herein are not binding upon any of the Limited Owners individually but are binding only upon the assets and property identified above and no resort shall be had to the assets of other Series issued by the Trust or the Limited Owners' personal property for the satisfaction of any obligation or claim hereunder.

Appears in 2 contracts

Samples: Advisory Agreement (World Monitor Trust Series A), Advisory Agreement (World Monitor Trust Series A)

No Limited Owner Liability. This Agreement has been made and executed by and on behalf of the Trust, the Trading Company Trust and the Managing Owner for the benefit of the Units of the applicable Series F Interests of the Trust and the obligations of the Trust, the Trading Company Trust and/or the Managing Owner set forth herein are not binding upon any of the Limited Owners individually but are binding only upon the assets and property identified above above, and no resort shall be had to the assets of other Series issued by the Trust or the Limited Owners' personal property for the satisfaction of any obligation or claim hereunder.

Appears in 2 contracts

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

No Limited Owner Liability. This Agreement has been made and executed by and on behalf of the Trust, the Trading Company Trust and the Managing Owner for the benefit of the Units of the applicable Series I Interests of the Trust and the obligations of the Trust, the Trading Company Trust and/or the Managing Owner set forth herein are not binding upon any of the Limited Owners individually but are binding only upon the assets and property identified above and no resort shall be had to the assets of other Series issued by the Trust or the Limited Owners' personal property for the satisfaction of any obligation or claim hereunder.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust III)

No Limited Owner Liability. This Agreement has been made and executed by and on behalf of the Trust, the Trading Company Trust and the Managing Owner for the benefit of the Units of the applicable Series H Interests of the Trust and the obligations of the Trust, the Trading Company Trust and/or the Managing Owner set forth herein are not binding upon any of the Limited Owners individually but are binding only upon the assets and property identified above above, and no resort shall be had to the assets of other Series issued by the Trust or the Limited Owners' personal property for the satisfaction of any obligation or claim hereunder.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust III)

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No Limited Owner Liability. This Agreement has been made and executed by and on behalf of the Trust, the Trading Company Trust and the Managing Owner for the benefit of the Units of the applicable Series B Interests of the Trust and the obligations of the Trust, the Trading Company Trust and/or the Managing Owner set forth herein are not binding upon any of the Limited Owners individually but are binding only upon the assets and property identified above and no resort shall be had to the assets of other Series issued by the Trust or the Limited Owners' personal property for the satisfaction of any obligation or claim hereunder.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust Series B)

No Limited Owner Liability. This Agreement has been made and executed by and on behalf of the Trust, the Trading Company Trust and the Managing Owner for the benefit of the Units of the applicable Series G Interests of the Trust and the obligations of the Trust, the Trading Company Trust and/or the Managing Owner set forth herein are not binding upon any of the Limited Owners individually but are binding only upon the assets and property identified above above, and no resort shall be had to the assets of other Series issued by the Trust or the Limited Owners' personal property for the satisfaction of any obligation or claim hereunder.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust III)

No Limited Owner Liability. This Agreement has been made and executed by and on behalf of the Trust, the Trading Company Trust and the Managing Owner for the benefit of the Units of the applicable Series E Interests of the Trust and the obligations of the Trust, the Trading Company Trust and/or the Managing Owner set forth herein are not binding upon any of the Limited Owners individually but are binding only upon the assets and property identified above above, and no resort shall be had to the assets of other Series issued by the Trust or the Limited Owners' personal property for the satisfaction of any obligation or claim hereunder.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust Ii Series E)

No Limited Owner Liability. This Agreement has been made and executed by and on behalf of the Trust, the Trading Company Trust and the Managing Owner for the benefit of the Units of the applicable Series D Interests of the Trust and the obligations of the Trust, the Trading Company Trust and/or the Managing Owner set forth herein are not binding upon any of the Limited Owners individually but are binding only upon the assets and property identified above above, and no resort shall be had to the assets of other Series issued by the Trust or the Limited Owners' personal property for the satisfaction of any obligation or claim hereunder.

Appears in 1 contract

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

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