No Shareholder Liability. The Distributor understands that the obligations of this Agreement are not binding upon any shareholder of the Trust personally, but bind only the Trust's property; the Distributor represents that it has notice of the provisions of the Declaration of Trust disclaiming shareholder liability for acts or obligations of the Trust.
Appears in 11 contracts
Samples: Distribution Agreement (Professionally Managed Portfolios), Investment Insurance Trust Distribution Agreement (Rochdale Investment Insurance Trust), Distribution Agreement (Professionally Managed Portfolios)
No Shareholder Liability. The Distributor understands that the obligations of this Agreement are not binding upon any shareholder of the Trust personally, but bind only the Trust's ’s property; the . The Distributor represents that it has notice of the provisions of the Trust’s Declaration of Trust disclaiming shareholder liability for acts or obligations of the Trust.
Appears in 4 contracts
Samples: Distribution Agreement (Parnassus Funds), Distribution Agreement (Parnassus Income Funds), Distribution Agreement (Parnassus Income Funds)
No Shareholder Liability. The Distributor understands that the obligations of this Agreement are not binding biding upon any shareholder of the Trust personally, but bind only the Trust's property; the Distributor represents that it has notice of the provisions of the Declaration of Trust disclaiming shareholder liability for acts or obligations of the Trust.
Appears in 2 contracts
Samples: Distribution Agreement (Aal Mutual Funds), Distribution Agreement (Aal Mutual Funds)
No Shareholder Liability. The Distributor understands that the obligations of this Agreement are not binding upon any shareholder of the Trust personally, but bind only the Trust's property; the Distributor represents that it has notice of the provisions of the Agreement and Declaration of Trust and By-Laws disclaiming shareholder liability for acts or obligations of the Trust.
Appears in 1 contract
