Common use of Protection of Trustees Clause in Contracts

Protection of Trustees. (a) This Agreement is executed by the Trustees of the Master Trust not individually, but as Trustees under the Declaration of Trust of the Master Trust dated as of September 1, 1995, and the obligations of this Agreement are not binding upon any of such Trustees individually. (b) This Agreement is executed by the Trustees of the OMEGA Fund not individually, but as Trustees under the Declaration of Trust of the OMEGA Fund dated as of September 1, 1995, and the obligations of this Agreement are not binding upon any of such Trustees or on the shareholders of the OMEGA Fund individually, but bind only the trust estate of the OMEGA Fund.

Appears in 3 contracts

Samples: Agreement Relating to Insurance (Old Mutual Equity Growth Assets South Africa Fund), Agreement Relating to Insurance (Old Mutual South Africa Equity Trust), Agreement Relating to Insurance (Old Mutual South Africa Equity Trust)

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Protection of Trustees. (a) This Agreement is executed and made by the Trustees trustees of the OMEGA Fund not individually, but as trustees under the Declaration of Trust of the OMEGA Fund dated as of September 1, 1995, and the obligations of this Agreement are not binding upon any of the shareholders of the OMEGA Fund individually, but bind only the trust estate of the OMEGA Fund. This Agreement is executed and made by the trustees of the Master Trust not individually, but as Trustees trustees under the Declaration of Trust of the Master Trust dated as of September 1, 1995, and the obligations of this Agreement are not binding upon any of such Trustees trustees individually. (b) This Agreement is executed by the Trustees of the OMEGA Fund not individually, but as Trustees under the Declaration of Trust of the OMEGA Fund dated as of September 1, 1995, and the obligations of this Agreement are not binding upon any of such Trustees or on the shareholders of the OMEGA Fund individually, but bind only the trust estate of the OMEGA Fund.

Appears in 2 contracts

Samples: Placing Agreement (Old Mutual Equity Growth Assets South Africa Fund), Placing Agreement (Old Mutual South Africa Equity Trust)

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