Common use of Obligation of the Trust Clause in Contracts

Obligation of the Trust. The Trust's Declaration of Trust is on file with the Secretary of the State of Delaware and notice is hereby given that this Agreement is made and executed on behalf of the Trust, and not by the Trustees or officers of the Trust individually, and the obligations of or arising out of this Agreement are not binding upon the Trustees, officers or shareholders of the Trust individually but are binding only upon the assets and property of one or more classes or series of the Trust.

Appears in 5 contracts

Samples: Investment Management Agreement (Industry Leaders Fund), Investment Management Agreement (Industry Leaders Fund), Investment Management Agreement (Industry Leaders Fund)

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Obligation of the Trust. The Trust's Agreement and Declaration of Trust is on file with the Secretary of the State of Delaware and notice is hereby given that this Agreement is made and executed on behalf of the Trust, and not by the Trustees or officers of the Trust individually, and the obligations of or arising out of this Agreement are not binding upon the Trustees, officers or shareholders of the Trust individually but are binding only upon the assets and property of one or more classes or series of the Trust.

Appears in 2 contracts

Samples: Euclid Mutual Funds Management Agreement (Euclid Mutual Funds), Management Agreement (Phoenix Portfolios)

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