Common use of Representative Capacity; Nonrecourse Obligations Clause in Contracts

Representative Capacity; Nonrecourse Obligations. A copy of the articles of incorporation, declaration of trust or other organizational document of each Fund is on file with the secretary of the state of the Fund’s formation, and notice is hereby given that this Agreement is not executed on behalf of the directors or trustees of any Fund as individuals, and the obligations of this Agreement are not binding upon any of the directors, trustees, officers, shareholders or partners of any Fund individually, but are binding only upon the Property of each Fund or Series. The Custodian agrees that no shareholder, director, trustee, officer or partner of any Fund may be held personally liable or responsible for any obligations of any Fund arising out of this Agreement.

Appears in 19 contracts

Samples: Custodian Agreement (BlackRock Multi-Sector Opportunities Trust II), Custodian Agreement (Blackrock Muniyield New Jersey Fund, Inc.), Custodian Agreement (BlackRock Fixed Income Value Opportunities II)

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Representative Capacity; Nonrecourse Obligations. A copy of the articles of incorporation, declaration of trust or other organizational document of each Fund is on file with the secretary of the state of the Fund’s 's formation, and notice is hereby given that this Agreement is not executed on behalf of the directors or trustees of any Fund as individuals, and the obligations of this Agreement are not binding upon any of the directors, trustees, officers, shareholders or partners of any Fund individually, but are binding only upon the Property of each Fund or Series. The Custodian agrees that no shareholder, director, trustee, officer or partner of any Fund may be held personally liable or responsible for any obligations of any Fund arising out of this Agreement.

Appears in 17 contracts

Samples: Agreement Between (Blackrock Municipal Income Investment Trust), Agreement Between (Blackrock Muniyield Michigan Quality Fund, Inc.), Agreement Between (Blackrock Muniholdings New Jersey Quality Fund, Inc.)

Representative Capacity; Nonrecourse Obligations. A copy of the articles of incorporation, declaration of trust or other organizational document of each Fund is on file with the secretary of the state of the Fund’s formation, and notice is hereby given that this Agreement is not executed on behalf of the directors or trustees Directors of any Fund as individuals, and the obligations of this Agreement are not binding upon any of the directors, trusteesDirectors, officers, shareholders or partners of any Fund individually, but are binding only upon the Property of each Fund or Series. The Custodian agrees that no shareholder, director, trustee, officer or partner of any Fund may be held personally liable or responsible for any obligations of any Fund arising out of this Agreement.

Appears in 4 contracts

Samples: Agreement (Hartford Funds Master Fund), Agreement Between (Hartford HLS Series Fund Ii Inc), Agreement (Hartford Mutual Funds Inc/Ct)

Representative Capacity; Nonrecourse Obligations. A copy of the articles of incorporation, declaration of trust, certificate of trust or other organizational document of each Fund is on file with the secretary of the state of the Fund’s 's formation, and notice is hereby given that this Agreement is not executed on behalf of the directors or trustees of any Fund as individuals, and the obligations of this the Agreement are not binding upon any of the directors, trustees, officers, shareholders or partners of any Fund individually, but are binding only upon the Property of each Fund or Series. The Custodian agrees that no shareholder, director, trustee, 45 officer or partner of any Fund may be held personally liable or responsible for any obligations of any Fund arising out of this Agreement.

Appears in 1 contract

Samples: Procedural Agreement (Mlig Variable Insurance Trust)

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Representative Capacity; Nonrecourse Obligations. A copy of the articles of incorporation, declaration of trust or other organizational document of each Fund is on file with the secretary of the state of the Fund’s 's formation, and notice is hereby given that this Agreement is not executed on behalf of the directors or trustees Directors of any Fund as individuals, and the obligations of this Agreement are not binding upon any of the directors, trusteesDirectors, officers, shareholders or partners of any Fund individually, but are binding only upon the Property of each Fund or Series. The Custodian agrees that no shareholder, director, trustee, officer or partner of any Fund may be held personally liable or responsible for any obligations of any Fund arising out of this Agreement.

Appears in 1 contract

Samples: Custodian Agreement (Hartford Funds Master Fund)

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