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Common use of Separate Series Clause in Contracts

Separate Series. Pursuant to the provisions of the Articles of Incorporation and the General Laws of the State of Maryland, each Portfolio is a separate series of the Corporation, and all debts, liabilities, obligations and expenses of a particular Portfolio shall be enforceable only against the assets of that Portfolio and not against the assets of any other Portfolio or of the Corporation as a whole.

Appears in 71 contracts

Samples: Subadvisory Agreement (Sunamerica Focused Series Inc), Subadvisory Agreement (Sunamerica Focused Series Inc), Subadvisory Agreement (Sunamerica Focused Series Inc)

Separate Series. Pursuant Pursuan to the provisions of the Articles of Incorporation and the General Laws of the State of Maryland, each Portfolio is a separate series of the Corporation, and all debts, liabilities, obligations and expenses of a particular Portfolio shall be enforceable only against the assets of that Portfolio and not against the assets of any other Portfolio or of the Corporation as a whole.

Appears in 1 contract

Samples: Subadvisory Agreement (Style Select Series Inc)