Obligations of the Feeder Fund and the Master Fund. The Master Fund agrees that the financial obligations of the Feeder Fund under this Agreement shall be binding only upon the assets of the Feeder Fund, and that except to the extent liability may be imposed under relevant Securities Laws, the Master Fund shall not seek satisfaction of any such obligation from the officers, agents, employees, directors or members of the Feeder Fund. The Feeder Fund agrees that the financial obligations of the Master Fund under this Agreement shall be binding only upon the assets of the Master Fund and that, except to the extent liability may be imposed under relevant Securities Laws, the Feeder Fund shall not seek satisfaction of any such obligation from the officers, agents, employees, directors or members of the Master Fund.
Appears in 11 contracts
Samples: Purchase and Sale Agreement (HarbourVest - Origami Structured Solutions L.P.), Agreement (Grosvenor Registered Multi-Strategy Fund (W), LLC), Agreement (Excelsior Private Markets Fund III (Master), LLC)
Obligations of the Feeder Fund and the Master Fund. The Master Fund agrees that the financial obligations of the Feeder Fund under this Agreement shall be binding only upon the assets of the Feeder Fund, and that except to the extent liability may be imposed under relevant Securities Laws, the Master Fund shall not seek satisfaction of any such obligation from the directors, officers, agents, employees, directors managers or members of the Feeder Fund. The Feeder Fund agrees that the financial obligations of the Master Fund under this Agreement shall be binding only upon the assets of the Master Fund and that, except to the extent liability may be imposed under relevant Securities Laws, the Feeder Fund shall not seek satisfaction of any such obligation from the directors, officers, agents, employees, directors managers or other members of the Master Fund.
Appears in 9 contracts
Samples: Agreement (Arden Sage Triton Fund LLC), Agreement (Arden Sage Multi-Strategy TEI Institutional Fund, L.L.C.), Agreement (Robeco-Sage Multi-Strategy TEI Fund, L.L.C.)
Obligations of the Feeder Fund and the Master Fund. The Master Fund agrees that the financial obligations of the Feeder Fund under this Agreement shall be binding only upon the assets of the Feeder Fund, and that except to the extent liability may be imposed under relevant Securities Laws, the Master Fund shall not seek satisfaction of any such obligation from the officers, agents, employees, directors managers or members of the Feeder Fund. The Feeder Fund agrees that the financial obligations of the Master Fund under this Agreement shall be binding only upon the assets of the Master Fund and that, except to the extent liability may be imposed under relevant Securities Laws, the Feeder Fund shall not seek satisfaction of any such obligation from the officers, agents, employees, directors managers or members of the Master Fund.
Appears in 3 contracts
Samples: Agreement (Ramius IDF LLC), Agreement (Ramius IDF Master Fund LLC), Agreement (Excelsior Multi-Strategy Hedge Fund of Funds (Ti 2), LLC)
Obligations of the Feeder Fund and the Master Fund. The Master Fund agrees that the financial obligations of the Feeder Fund under this Agreement shall be binding only upon the assets of the Feeder Fund, and that except to the extent liability may be imposed under relevant Securities Laws, the Master Fund shall not seek satisfaction of any such obligation from the officers, agents, employees, directors or members shareholders of the Feeder Fund. The Feeder Fund agrees that the financial obligations of the Master Fund under this Agreement shall be binding only upon the assets of the Master Fund and that, except to the extent liability may be imposed under relevant Securities Laws, the Feeder Fund shall not seek satisfaction of any such obligation from the officers, agents, employees, directors or members of the Master Fund.
Appears in 2 contracts
Samples: Agreement (Excelsior Private Markets Fund III (Master), LLC), Agreement (Excelsior Private Markets Fund II (Master), LLC)
Obligations of the Feeder Fund and the Master Fund. The Master Fund agrees that the financial obligations of the Feeder Fund under this Agreement shall be binding only upon the assets of the Feeder Fund, and that except to the extent liability may be imposed under relevant Securities Laws, the Master Fund shall not seek satisfaction of any such obligation from the officers, agents, employees, directors or members shareholders of the Feeder Fund. The Feeder Fund agrees that the financial obligations of the Master Fund under this Agreement shall be binding only upon the assets of the Master Fund and that, except to the extent liability may be imposed under relevant Securities Laws, the Feeder Fund shall not seek satisfaction of any such obligation from the officers, agents, employees, directors managers or members of the Master Fund.
Appears in 2 contracts
Samples: Agreement (Gottex Multi-Alternatives Master Fund), Agreement (Gottex Multi-Asset Endowment Master Fund)
