No Shareholder Liability. The Distributor understands that the obligations of this Agreement are not binding upon any shareholder of the Fund personally, but bind only the Fund's property; the Distributor represents that it has notice of the provisions of the Operating Agreement disclaiming shareholder liability for acts or obligations of the Fund.
Appears in 4 contracts
Samples: Distribution Agreement (Rochdale High Yield Advances Fund LLC), Distribution Agreement (Rochdale Alternative Total Return Fund LLC), Distribution Agreement (Rochdale Core Alternative Strategies Fund LLC)
No Shareholder Liability. The Distributor understands that the obligations of this Agreement are not binding upon any shareholder of the Fund personally, but bind only the Fund's property; the Distributor distributor represents that it has notice of the provisions of the Operating Agreement Fund's Declaration of Trust disclaiming shareholder liability for acts or obligations of the Fund.
Appears in 3 contracts
Samples: Distribution Agreement (Purisima Funds), Distribution Agreement (Purisima Funds), Distribution Agreement (Purisima Funds)
No Shareholder Liability. The Distributor understands that the obligations of this Agreement are not binding upon any shareholder of the Fund Company personally, but bind only the FundFund Company's property; the Distributor represents that it has notice of the provisions of the Operating Agreement Articles of Incorporation disclaiming shareholder liability for acts or obligations of the FundFund Company.
Appears in 2 contracts
Samples: Distribution Agreement (Catholic Funds Inc), Distribution Agreement (Catholic Alliance Funds Inc)
No Shareholder Liability. The Distributor understands that the obligations of this Agreement are not binding upon any shareholder of the Fund personally, but bind only the Fund's ’s property; the Distributor represents that it has notice of the provisions of the Operating Agreement disclaiming shareholder liability for acts or obligations of the Fund.
Appears in 1 contract
