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 Trading Vehicle for the benefit of the Trading Vehicle and the obligations of the Trading Vehicle set forth herein are not binding upon the Members nor any of the owners of any Series ("Limited Owners") individually, but are binding only upon the assets and property identified above and no resort shall be had to the assets of Series I, Series J or any 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 Trading Vehicle for the benefit of the Trading Vehicle and the obligations of the Trading Vehicle set forth herein are not binding upon the Members nor any of the owners of any Series ("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 Series IG, Series J or any 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 Trading Vehicle for the benefit of the Trading Vehicle and the obligations of the Trading Vehicle set forth herein are not binding upon the Members nor any of the owners of any Series ("Limited Owners") individually, individually but are binding only upon the assets and property identified above above, and no resort shall be had to the assets of Series I, Series J or any 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 (Futures Strategic Trust)

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No Limited Owner Liability. This Agreement has been made and executed by and on behalf of the Trading Vehicle for the benefit of the Trading Vehicle and the obligations of the Trading Vehicle set forth herein are not binding upon the Members nor any of the owners of any Series ("Limited Owners") individually, individually but are binding only upon the assets and property identified above above, and no resort shall be had to the assets of Series I, Series J or any 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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