Separation of Assets and Liabilities. The parties agree that the assets and liabilities of each Fund are separate and distinct from the assets and liabilities of each other Fund and that no Fund shall be liable or shall be charged for any debt, obligation or liability of any other Fund, whether arising under this Agreement or otherwise.
Appears in 4 contracts
Samples: Investment Advisory and Administrative Services Agreement (BBH Trust), Investment Advisory and Administrative Services Agreement (BBH Trust), Agreement (BBH Trust)
