Common use of Source of Repayment Clause in Contracts

Source of Repayment. (a) Notwithstanding any other provision of this Agreement, the parties agree that the assets and liabilities of each Portfolio of a Fund are separate and distinct from the assets and liabilities of each other Portfolio of that Fund. No Portfolio or Fund shall be liable or shall be charged for any debt, obligation, liability, fee, or expense arising out of or in connection with a transaction entered into by or on behalf of any other Portfolio or Fund or any judgment with respect thereto.

Source of Repayment. (a) Notwithstanding any other provision of this Agreement, the parties agree that the assets and liabilities of each Portfolio of a Fund are separate and distinct from the assets and liabilities of each other Portfolio of that Fund. No Portfolio or Fund shall be liable or shall be charged for any debt, obligation, liability, fee, or expense arising out of or in connection with a transaction entered into by or on behalf of any other Portfolio or Fund, or arising out of or in connection with any other action by a Portfolio or Fund giving rise to expenses as described in Section 13.3(i), or any judgment with respect thereto.

Source of Repayment. (a) Notwithstanding any other provision of this Agreement, the parties agree that the assets and liabilities of each Portfolio of a Fund are separate and distinct from the assets and liabilities of each other Portfolio of that Fund. No Portfolio or Fund shall be liable or shall be charged for any debt, obligation, liability, fee, or expense arising out of or in connection with a transaction entered into by or on behalf of any other Portfolio or Fund, or arising out of or in connection with any other action by a Portfolio or Fund giving rise to any expense as described in [Section 13.3(i)], or any judgment with respect thereto.