Common use of SEVENTEENTH Clause in Contracts

SEVENTEENTH. Notice is hereby given that, as provided by applicable law, the obligations of or arising out of this Agreement are not binding upon any of the shareholders of the Fund or any Portfolio individually, but are binding only upon the assets and property of the Fund or such Portfolio and that the shareholders shall be entitled, to the fullest extent permitted by applicable law, to the same limitation on personal liability as stockholders of private corporations for profit.

Appears in 8 contracts

Samples: Master Distribution Agreement (Aim Equity Funds (Invesco Equity Funds)), Master Distribution Agreement (Aim International Mutual Funds (Invesco International Mutual Funds)), Master Distribution Agreement (Aim Funds Group (Invesco Funds Group))

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SEVENTEENTH. Notice is hereby given that, as provided by applicable law, the obligations of or arising out of this Agreement are not binding upon any of the shareholders of the Fund Company or any Portfolio individually, but are binding only upon the assets and property of the Fund Company or such Portfolio and that the shareholders shall be entitled, to the fullest extent permitted by applicable law, to the same limitation on personal liability as stockholders of private corporations for profit.

Appears in 1 contract

Samples: Master Distribution Agreement (Aim Special Opportunities Funds)

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