Common use of SCOPE OF TRUST'S OBLIGATIONS Clause in Contracts

SCOPE OF TRUST'S OBLIGATIONS. A copy of the Trust’s Declaration of Trust is on file with the Secretary of State of The Commonwealth of Massachusetts. The Adviser acknowledges that the obligations of or arising out of this Agreement are not binding upon any of the Trust’s Trustees, officers, employees, agents or shareholders individually, but are binding solely upon the assets and property of the Trust. If this Agreement is executed by the Trust, the Adviser further acknowledges that the assets and liabilities of the Trust are separate and distinct and that the obligations of or arising out of this Agreement concerning the Trust are binding solely upon the assets or property of the Trust and not upon the assets or property of any other Trust.

Appears in 5 contracts

Samples: Investment Advisory Agreement (MFS High Yield Municipal Trust), Investment Advisory Agreement (MFS California Insured Municipal Fund), Investment Advisory Agreement (MFS Intermarket Income Trust I)

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SCOPE OF TRUST'S OBLIGATIONS. A copy of the Trust’s 's Declaration of Trust is on file with the Secretary of State of The Commonwealth of Massachusetts. The Adviser acknowledges that the obligations of or arising out of this Agreement are not binding upon any of the Trust’s 's Trustees, officers, employees, agents or shareholders individually, but are binding solely upon the assets and property of the Trust. If this Agreement is executed by the Trust, the Adviser further acknowledges that the assets and liabilities of the Trust are separate and distinct and that the obligations of or arising out of this Agreement concerning the Trust are binding solely upon the assets or property of the Trust and not upon the assets or property of any other Trust.

Appears in 3 contracts

Samples: Sub Item (MFS High Yield Municipal Trust), Sub Item (MFS Intermarket Income Trust I), Sub Item (MFS Intermediate High Income Fund)

SCOPE OF TRUST'S OBLIGATIONS. A copy of the Trust’s Trusts Declaration of Trust is on file with the Secretary of State of The Commonwealth of Massachusetts. The Adviser acknowledges that the obligations of or arising out of this Agreement are not binding upon any of the Trust’s Trusts Trustees, officers, employees, agents or shareholders individually, but are binding solely upon the assets and property of the Trust. If this Agreement is executed by the Trust, the Adviser further acknowledges that the assets and liabilities of the Trust are separate and distinct and that the obligations of or arising out of this Agreement concerning the Trust are binding solely upon the assets or property of the Trust and not upon the assets or property of any other Trust.

Appears in 2 contracts

Samples: Sub Item (MFS Investment Grade Municipal Trust), Investment Advisory Agreement (MFS California Insured Municipal Fund)

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SCOPE OF TRUST'S OBLIGATIONS. A copy of the Trust’s Trusts ------------------------------------------ Declaration of Trust is on file with the Secretary of State of The Commonwealth of Massachusetts. The Adviser acknowledges that the obligations of or arising out of this Agreement are not binding upon any of the Trust’s 's Trustees, officers, employees, agents or shareholders individually, but are binding solely upon the assets and property of the Trust. If this Agreement is executed by the Trust, the Adviser further acknowledges that the th assets and liabilities of the Trust are separate and distinct and that the obligations of or arising out of this Agreement concerning the Trust are binding solely upon the assets or property of the Trust and not upon the assets or property of any other Trust.

Appears in 1 contract

Samples: Investment Advisory Agreement (MFS High Income Municipal Trust)

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