Common use of Obligations of the Trust Clause in Contracts

Obligations of the Trust. The execution and delivery of this Agreement have been authorized by the Trustees of the Trust, and signed by an authorized officer of the Trust, acting as such, and neither such authorization by such Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them or any shareholder of the Trust individually or to impose any liability on any of them or any shareholder of the Trust personally, but shall bind only the assets and property of the Trust as provided in the Trust’s Declaration of Trust.

Appears in 5 contracts

Samples: Investor Services Agreement (Rydex Variable Trust), Investor Services Agreement (Rydex Variable Trust), Investor Services Agreement (Rydex Variable Trust)

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Obligations of the Trust. The execution and delivery of this Agreement have been authorized by the Trustees of the Trust, and signed by an authorized officer of the Trust, acting as such, and neither such authorization by such Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them or any shareholder of the Trust individually or to impose any liability on any of them or any shareholder of the Trust personally, but shall bind only the assets and property of the Trust as provided in the Trust’s 's Declaration of Trust.

Appears in 3 contracts

Samples: Distribution Agreement (Rydex Dynamic Funds), Distribution Agreement (Rydex Series Trust), Distribution Agreement (Rydex Series Funds)

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