RIGHTS AND OBLIGATIONS OF THE FUNDS SEVERAL Sample Clauses

RIGHTS AND OBLIGATIONS OF THE FUNDS SEVERAL. The parties agree that this Agreement shall constitute a separate and discrete agreement among the Bank, the Administrator and each Investment Fund, as if set out in a separate writing executed by the Bank, the Administrator and a Trust on behalf of each Investment Fund alone. Notwithstanding any other provision of this Agreement, no Investment Fund shall have any obligation or incur any liability (including without limitation by way of indemnification) in respect of any action, omission or course of dealing of or in respect of, any other Investment Fund. Any reference in this Agreement to a "Trust," the "Trusts" or an "Investment Fund" shall be construed so as to give effect to the foregoing.
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Related to RIGHTS AND OBLIGATIONS OF THE FUNDS SEVERAL

  • Rights and Obligations of Each Fund The rights and obligations set forth in this Agreement with respect to each repurchase transaction shall accrue only to the Participating Funds in accordance with their respective interests therein. No other Fund shall receive any rights or have any liabilities arising from any action or inaction of any Participating Fund under this Agreement with respect to such repurchase transaction.

  • Rights and Obligations of Members A. No Member shall be obligated to make capital contributions to the Company except as provided in Section 9A.

  • Rights and Obligations of Party B 1. Party B’s Rights

  • Rights and Obligations of the Parties 2.1 During the term of this Agreement, Party A’s rights and obligations include:

  • Rights and Obligations of Party A I. Rights of Party A

  • APPOINTMENT AND OBLIGATIONS OF THE ADVISER Subject to the terms and conditions of this Agreement and the policies and control of the Fund's Board of Directors (the "Board"), the Fund, on behalf of the Series, hereby appoints the Adviser to serve as the investment adviser to the Series, to provide the investment advisory services set forth below in Section II. The Adviser agrees that, except as required to carry out its duties under this Agreement or otherwise expressly authorized, it is acting as an independent contractor and not as an agent of the Series and has no authority to act for or represent the Series in any way.

  • Rights and Obligations of the Limited Partners 8.1 Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.

  • Rights and Obligations of Both Parties 5.1 Party A’s rights and Obligations

  • Absolute Rights and Obligations This is a guaranty of payment and not of collection. The Guarantors’ Obligations under this Guaranty Agreement shall be joint and several, absolute and unconditional irrespective of, and each Guarantor hereby expressly waives, to the extent permitted by law, any defense to its obligations under this Guaranty Agreement and all Security Instruments to which it is a party by reason of:

  • Rights and Obligations of Limited Partners 8.1 No Participation in Management. No Limited Partner (other than a General Partner if it has acquired an interest of a Limited Partner) shall take part in the management of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership.

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