Common use of Status of Shares and Limitation of Personal Liability Clause in Contracts

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time agree to pay.

Appears in 147 contracts

Samples: Agreement and Declaration of Trust (Ubs Funds), Agreement and Declaration of Trust (Russell Exchange Traded Funds Trust), Agreement and Declaration of Trust (Congressional Effect Family of Funds)

AutoNDA by SimpleDocs

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument Declaration of Trust and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time agree to pay.

Appears in 117 contracts

Samples: Agreement and Declaration (Vanguard Charlotte Funds), Agreement and Declaration (Vanguard California Tax-Free Funds), Agreement and Declaration (Vanguard California Tax-Free Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws Declaration of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 111 contracts

Samples: Agreement and Declaration, Agreement (Oppenheimer Intermediate Term Municipal Fund), Calamos Antetokounmpo Sustainable Equities Trust

Status of Shares and Limitation of Personal Liability. Section 7. Shares shall be deemed to be personal property giving only the rights provided in this instrument and Declaration or the By-Laws of the TrustBylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofof this Declaration and the Bylaws and to have become a party hereto and thereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 82 contracts

Samples: Agreement and Declaration of Trust (PIMCO Municipal Credit Income Fund), Agreement and Declaration of Trust (PIMCO California Flexible Municipal Income Fund), Agreement and Declaration of Trust (DoubleLine Shiller CAPE Enhanced Income Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws Declaration of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 70 contracts

Samples: Stone Ridge Trust (Stone Ridge Trust), Agreement and Declaration of Trust of Fairway Private Markets Fund (Fairway Private Markets Fund), Agreement and Declaration (Meketa Infrastructure Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 65 contracts

Samples: Capitol Series Trust (Capitol Series Trust), Agreement and Declaration of Trust (Diamond Hill Funds), Advisers Investment Trust (Advisers Investment Trust)

Status of Shares and Limitation of Personal Liability. Section 5. Shares shall be deemed to be personal property giving only the rights provided in this instrument and Declaration of Trust or the By-Laws of the TrustBylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofof this Declaration of Trust and the Bylaws and to have become a party thereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 46 contracts

Samples: Agreement and Declaration of Trust (Putnam Mortgage Securities Fund), Agreement and Declaration of Trust (Putnam High Yield Fund), Agreement and Declaration of Trust (Putnam Multi-Cap Growth Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 26 contracts

Samples: Gmo Trust (Gmo Trust), Agreement and Declaration of Trust (Gmo Trust), Agreement and Declaration (Gmo Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 23 contracts

Samples: Agreement and Declaration (Managed Account Series II), Agreement and Declaration of Trust (Prudential Institutional Fund), Agreement and Declaration (E Harmon Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 20 contracts

Samples: Agreement and Declaration of Trust (Brandes Investment Trust), Agreement and Declaration (Advisors Series Trust), Agreement and Declaration (Trust for Investment Managers)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind any Shareholder or Trustee personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally may agree to paypay by way of subscription for any Shares or otherwise. Every note, bond, contract or other undertaking issued by or on behalf of the Trust shall include a recitation limiting the obligation represented thereby to the Trust and its assets or the assets of a particular series (but the omission of such a recitation shall not operate to bind any Shareholder or Trustee personally).

Appears in 20 contracts

Samples: Dreyfus Institutional Liquidity Funds (Dreyfus Institutional Liquidity Funds), Agreement and Declaration (Dreyfus Institutional Cash Advantage Funds), Agreement and Declaration (Dreyfus Fixed Income Securities)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust or any Sub-Trust thereof nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 19 contracts

Samples: Master Trust Agreement (Russell Investment Co), Master Trust Agreement (Russell Investment Funds), Master Trust Agreement (Russell Investment Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturersof each other. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 18 contracts

Samples: Agreement and Declaration (MassMutual Advantage Funds), Agreement and Declaration (MML Series Investment Fund II), Agreement and Declaration (MML Series Investment Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument Declaration and the By-Laws of the TrustBylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofof this Declaration and the Bylaws and to have become a party hereto and thereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute afford Shareholders the Shareholders as status of partners or joint venturersof the Trust. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 17 contracts

Samples: Agreement and Declaration of Trust (RMR Dividend Capture Fund), Agreement and Declaration of Trust (RMR Real Estate Income Fund), Agreement and Declaration of Trust (RMR Asia Real Estate Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws Declaration of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 16 contracts

Samples: Agreement and Declaration of Trust (Loomis Sayles Alternative Asset Based Solutions Income Fund), Agreement and Declaration of Trust (IVA Fiduciary Trust), Agreement and Declaration of Trust (Stone Harbor Investment Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor and shall not entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property or to any right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 14 contracts

Samples: 1WS Credit Income Fund, Archstone Alternative Solutions Fund, Agreement and Declaration (Preservation Trust Advisors)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 12 contracts

Samples: Agreement and Declaration of Trust (Pax World Funds Series Trust Iii), Agreement and Declaration of Trust (Pax World Balanced Fund), Agreement and Declaration of Trust (Pax World Balanced Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such authorized representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any in part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Shareholders shall be entitled to the same limitation of personal liability extended to stockholders of private corporations for profit organized under the General Corporation Law of the State of Delaware. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 12 contracts

Samples: Agreement and Declaration (Wilshire Private Assets Tender Fund), Wilshire Private (Wilshire Private Assets Fund), Agreement and Declaration of Trust (Delaware Wilshire Private Markets Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accountingaccounting , nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any ShareholderShareholders, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 12 contracts

Samples: Agreement and Declaration (American Century Investment Trust), Funds Agreement (American Century International Bond Funds), Municipal Trust Agreement (American Century Municipal Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder Shareholder, by virtue of having become a Shareholder Shareholder, shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 11 contracts

Samples: Agreement and Declaration (Sa Funds Investment Trust), Agreement and Declaration (Rochdale Investment Insurance Trust), Agreement and Declaration of Trust (RWB Funds Investment Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal Personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally Personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time Personally agree to pay.

Appears in 9 contracts

Samples: Agreement and Declaration of Trust (Advisers Investment Trust), Agreement and Declaration of Trust (Advisers Investment Trust), Investment Trust (Advisers Investment Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any in part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Shareholders shall be entitled to the same limitation of personal liability extended to stockholders of private corporations for profit organized under the General Corporation Law of the State of Delaware. Neither the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any ShareholderShareholders, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 8 contracts

Samples: Agreement and Declaration (Broadview Funds Trust), Agreement and Declaration (Bridge Builder Trust), Managed Portfolio Series

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and Declaration of Trust or the By-Laws of the TrustBylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofof this Declaration of Trust and the Bylaws and to have become a party thereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 8 contracts

Samples: Agreement and Declaration of Trust (Highland Income Fund\ma), Agreement and Declaration of Trust (Highland Global Allocation Fund), Agreement and Declaration of Trust (Highland Global Allocation Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take taking any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind any Shareholder or Trustee personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally may agree to paypay by way of subscription for any Shares or otherwise. Every note, bond, contract or other undertaking issued by or on behalf of the Trust shall include a recitation limiting the obligation represented thereby to the Trust and its assets or the assets of a particular series (but the omission of such a recitation shall not operate to bind any Shareholder or Trustee personally).

Appears in 6 contracts

Samples: Agreement and Declaration (Dreyfus Treasury Prime Cash Management), Agreement and Declaration (Dreyfus Treasury & Agency Cash Management), Agreement and Declaration (Dreyfus Tax Exempt Cash Management Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws Declaration of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor, except as specifically provided herein including Section 4.5 hereof, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 6 contracts

Samples: Exchange Place Advisors Trust (Exchange Place Advisors Trust), Agreement and Declaration of Trust (North Square Investments Trust), Agreement and Declaration (HSBC Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any in part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Shareholders shall be entitled to the same limitation of personal liability extended to stockholders of private corporations for profit organized under the General Corporation Law of the State of Delaware. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 6 contracts

Samples: Agreement and Declaration of Trust (Bluestone Community Development Fund), Agreement and Declaration of Trust (Bluestone Community Development Fund), Agreement and Declaration of Trust (Bluestone Community Development Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws Declaration of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay. Ownership of Shares shall not make the Shareholders third-party beneficiaries of any contract entered into by the Trust.

Appears in 6 contracts

Samples: Agreement and Declaration of Trust (American Century Etf Trust), Agreement and Declaration of Trust (American Century Etf Trust), Agreement and Declaration (American Century ETF Trust)

Status of Shares and Limitation of Personal Liability. Section 7. Shares shall be deemed to be personal property giving only the ---------- rights provided in this instrument and Declaration or the By-Laws of the TrustBylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofof this Declaration and the Bylaws and to have become a party hereto and thereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 6 contracts

Samples: Agreement and Declaration (Pimco New York Municipal Income Fund), Agreement and Declaration (Western Asset Premier Bond Fund), Agreement and Declaration (Pimco Corporate Income Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 6 contracts

Samples: Agreement and Declaration of Trust (Lepercq Istel Trust), Agreement and Declaration of Trust (Tocqueville Trust), Sierra Prime Income Fund

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented to and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 6 contracts

Samples: Agreement and Declaration of Trust (Liberty Stein Roe Funds Municipal Trust), Agreement and Declaration of Trust (Liberty Stein Roe Funds Income Trust), And Restated Agreement and Declaration of Trust (Liberty Stein Roe Funds Municipal Trust)

Status of Shares and Limitation of Personal Liability. Section 7. Shares shall be deemed to be personal property giving only the rights provided in this instrument and Declaration or the By-Laws of the TrustBylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofof this Declaration and the Bylaws and to have become a party hereto and thereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither None of the Trust nor Trust, the Trustees, nor and any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or or, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 5 contracts

Samples: Agreement and Declaration of Trust (Babson Capital Funds Trust), Agreement and Declaration of Trust (Babson Capital Global High Yield Credit Opportunity Fund), Agreement and Declaration of Trust (Babson Capital Global Short Duration High Yield Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws Bylaws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time agree to pay.

Appears in 5 contracts

Samples: Agreement and Declaration of Trust (Olden Lane Funds Trust), Agreement and Declaration of Trust (Horizon Funds), Agreement and Declaration (Hays Series Trust)

Status of Shares and Limitation of Personal Liability. Section 6. Shares shall be deemed to be personal property giving only the rights provided in this instrument and Declaration of Trust or the By-Laws of the TrustLaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofof this Declaration of Trust and the By-Laws. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative shall be entitled only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, or nor except as specifically provided in this Declaration of Trust to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 5 contracts

Samples: Agreement and Declaration of Trust (Cube Thematic Alternatives Fund), Agreement and Declaration of Trust (Blackstone Alternative Alpha Fund II), Agreement and Declaration of Trust (Blackstone Alternative Investment Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument Declaration of Trust and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall 108656, v0.9 5 not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time agree to pay.

Appears in 5 contracts

Samples: Global Custody Agreement (Vanguard Malvern Funds), Vanguard Malvern Funds, Vanguard Malvern Funds

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor and shall not entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property or to any right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, or nor to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time agree to paywhatsoever.

Appears in 5 contracts

Samples: Declaration of Trust (Fiera Capital Series Trust), Fiera Capital Series Trust, Declaration of Trust (Arden Investment Series Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and Declaration or the By-Laws of the TrustBylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofof this Declaration and the Bylaws and to have become a party hereto and thereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 5 contracts

Samples: Agreement and Declaration of Trust (Versus Capital Infrastructure Income Fund), Agreement and Declaration of Trust (Versus Capital Infrastructure Income Fund), Agreement and Declaration of Trust (Versus Capital Infrastructure Income Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument Declaration and the By-Laws of the TrustBylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofof this Declaration and the Bylaws and to have become a party hereto and thereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute afford Shareholders the Shareholders as status of partners or joint venturersof the Trust. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, nor except as specifically provided herein or in the Bylaws to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 4 contracts

Samples: RMR Preferred Income Fund (RMR Preferred Income Fund), Agreement and Declaration of Trust (Peerless Value Opportunity Fund), Agreement and Declaration of Trust (Peerless Value Opportunity Fund)

Status of Shares and Limitation of Personal Liability. Section 6. Shares shall be deemed to be personal property giving Shareholders only the rights provided in this instrument and Declaration of Trust or the By-Laws of the TrustLaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofof this Declaration of Trust and the By-Laws. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative shall be entitled only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, or nor except as specifically provided in this Declaration of Trust to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (Blackstone Alternative Alpha Master Fund), Agreement and Declaration of Trust (Blackstone Alternative Alpha Fund), Agreement and Declaration of Trust (Blackstone Alternative Investment Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (Franklin Gold Fund), Agreement and Declaration (Franklin Managed Trust), Agreement and Declaration (Franklin New York Tax Free Income Fund Inc)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder Shareholder, by virtue of having become a Shareholder Shareholder, shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust or any Sub-Trust thereof nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 4 contracts

Samples: Master Trust Agreement (Amerisen Funds), Funds Master Trust Agreement (Lindbergh Funds), Senior Funds Master Trust Agreement (Senior Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Shareholders shall be entitled to the same limitation of personal liability extended to stockholders of private corporations for profit organized under the General Corporation Law of the State of Delaware. Neither the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any ShareholderShareholders, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (Texas Capital Funds Trust), Agreement and Declaration (Themes ETF Trust), Agreement and Declaration of Trust (Themes ETF Trust)

Status of Shares and Limitation of Personal Liability. Section 5. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, Trustees but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (Pear Tree Funds), Pear Tree Funds (Pear Tree Funds), Pear Tree Funds (Pear Tree Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder Shareholder, by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (RS Variable Products Trust), Agreement and Declaration (Robertson Stephens Investment Trust), Agreement and Declaration (Robertson Stephens Investment Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument Amended and the By-Laws Restated Declaration of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the TrusteesTrustee, but shall entitle entitles such representative only to the rights of said deceased such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the TrusteesTrustee, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay. Ownership of Shares shall not make any Shareholder a third-party beneficiary of any contract entered into by the Trust.

Appears in 3 contracts

Samples: And Trust Agreement (Invesco Galaxy Ethereum ETF), Trust and Trust Agreement (Invesco Galaxy Bitcoin ETF), Invesco Galaxy Bitcoin (Invesco Galaxy Bitcoin ETF)

Status of Shares and Limitation of Personal Liability. Section 7. Shares shall be deemed to be personal property giving ---------- only the rights provided in this instrument and Declaration or the By-Laws of the TrustBylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofof this Declaration and the Bylaws and to have become a party hereto and thereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 3 contracts

Samples: Agreement and Declaration of Trust (Pimco California Municipal Income Fund Ii), Agreement and Declaration of Trust (Pimco Municipal Income Fund Ii), Agreement and Declaration of Trust (Pimco New York Municipal Income Fund Ii)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.. ARTICLE V

Appears in 3 contracts

Samples: Encompass Funds Agreement and Declaration of Trust (Encompass Funds), Mundoval Funds Agreement and Declaration of Trust (Mundoval Funds), Redwood Funds Agreement and Declaration of Trust (Redwood Fund)

Status of Shares and Limitation of Personal Liability. Section 5. Shares shall be deemed to be personal property giving only the rights provided in this instrument and Declaration of Trust or the By-Laws of the TrustBylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofof this Declaration of Trust and the Bylaws and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 3 contracts

Samples: Agreement and Declaration (Allianz Funds), Agreement and Declaration (Allianz Funds), Agreement and Declaration (Allianz Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 3 contracts

Samples: Hudson River Trust (Hudson River Trust), Hudson River Trust (Hudson River Trust), Hudson River Trust

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving given only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust Trust, nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 3 contracts

Samples: Agreement and Declaration of Trust (Tea Leaf Management Investment Trust), Agreement and Declaration of Trust (CCA Investments Trust), Agreement and Declaration of Trust (Eudora Funds)

Status of Shares and Limitation of Personal Liability. Section 6. Shares shall be deemed to be personal property giving only the --------- rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofof this Declaration of Trust and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 3 contracts

Samples: Hansberger Institutional Series (Hansberger Institutional Series), Agreement and Declaration of Trust (Marquis Funds), Agreement and Declaration of Trust (Sti Classic Variable Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind any Shareholder or Trustee personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally may agree to paypay by way of subscription for any Shares or otherwise. Every note, bond, contract or other undertaking issued by or on behalf of the Trust shall include a recitation limiting the obligation represented thereby to the Trust and its assets or the assets of a particular series (but the omission of such a recitation shall not operate to bind any Share- holder or Trustee personally).

Appears in 3 contracts

Samples: Agreement and Declaration (Dreyfus Strategic Investing), Premier Strategic (Dreyfus Strategic Growth L P), Dreyfus Global Growth L P a Strategic Fund

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor and shall not entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property or to any right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, or nor, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time agree to paywhatsoever.

Appears in 2 contracts

Samples: Declaration of Trust (GLG Investment Series Trust), Declaration of Trust (GLG Investment Series Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws Bylaws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time agree to pay.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Connors Funds), Agreement and Declaration of Trust (Axonic Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws Declaration of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust Trust, shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Natixis ETF Trust II), Natixis Etf Trust (Natixis ETF Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust Trust, nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Versaille Investment Trust (Versaille Investment Trust), New Frontiers Trust (New Frontiers Trust)

Status of Shares and Limitation of Personal Liability. Section 5. Shares shall be deemed to be personal property giving only the rights provided in this instrument and Declaration of Trust or the By-Laws of the TrustLaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofof this Declaration of Trust and the By-Laws and to have become a party thereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Mentor Variable Investment Portfolios), Mentor Variable Investment Portfolios

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. No assessments shall be made against the interest of any shareholder and no shareholder shall be personally liable for any debts or liabilities incurred by the Trustees or the Trust. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time agree to pay.

Appears in 2 contracts

Samples: Agreement (Dupree Mutual Funds), Agreement and Declaration (Fairmont Fund Trust)

Status of Shares and Limitation of Personal Liability. Shares ----------------------------------------------------- shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust or any Sub-Trust or class thereof nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, Trustees nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholder nor, or except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Agreement and Declaration (North American Funds), Agreement and Declaration of Trust (North American Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, nor or entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Agreement and Declaration (Freedom Mutual Fund), Agreement and Declaration of Trust (Freedom Group of Tax Exempt Funds)

Status of Shares and Limitation of Personal Liability. Section 9. Shares shall be deemed to be personal property property, giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder Shareholder, by virtue of having become a Shareholder Shareholder, shall be held to have expressly assented and agreed to the terms hereofof the Declaration of Trust and to have become a party thereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trustsame, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property, or right to call for a partition or division of the same same, or for an accounting, any accounting nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officeroffice, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Oberweis Funds), Agreement and Declaration of Trust (Oberweis Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership owners of Shares constitute the Shareholders as partners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time agree to pay.

Appears in 2 contracts

Samples: Amended Agreement (Kalmar Pooled Investment Trust), Agreement and Declaration (Kalmar Pooled Investment Trust)

AutoNDA by SimpleDocs

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, officer or Trustee personally or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally may agree to paypay by way of subscription for any Shares or otherwise.

Appears in 2 contracts

Samples: Sparx Funds Trust (Sparx Funds Trust), Dreyfus Premier (Dreyfus Premier Tp Balanced Fund)

Status of Shares and Limitation of Personal Liability. Section 7. Shares shall be deemed to be personal property giving only the --------- rights provided in this instrument and Declaration or the By-Laws of the TrustBylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofof this Declaration and the Bylaws and to have become a party hereto and thereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Pimco Corporate Income Fund (Pimco Corporate Income Fund), Agreement and Declaration (Western Asset Premier Bond Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence of the Trust Fund shall not operate to terminate the TrustFund, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust Fund or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of TrustFund. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Fund Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust Fund nor the Trustees, nor any officer, employee or agent of the Trust Fund, shall have any power to bind personally any ShareholderShareholders, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Agreement and Declaration (Voya Enhanced Securitized Income Fund), Agreement and Declaration (Ing Pilgrim Senior Income Fund)

Status of Shares and Limitation of Personal Liability. Shares ------------------------------------------------------------------- shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time agree to pay.

Appears in 2 contracts

Samples: Agreement and Declaration (Vanguard Asset Allocation Fund Inc), Vanguard Fixed Income Securities Fund Inc

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and Declaration of Trust or the By-Laws of the TrustBylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofof this Declaration of Trust and the Bylaws and to have become a party thereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Datum One Series Trust), Agreement and Declaration of Trust (Datum One Series Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws Declaration of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held deemed to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration (Amivest NFB Funds Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any in part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any ShareholderShareholders, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.. Table of Contents - Agreement and Declaration of Trust

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Managed Portfolio Series)

Status of Shares and Limitation of Personal Liability. Shares ------------------------------------------------------------------- shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (TRade Union Equity Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, . The Trust shall not be deemed or otherwise construed to be a partnership nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, Trustees nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholder nor, or except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: An Agreement (Phoenix Series Fund)

Status of Shares and Limitation of Personal Liability. Shares --------- ----------------------------------------------------- shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder descendent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind any Shareholder or Trustee personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally may agree to paypay by way of subscription for any Shares or otherwise. Every note, bond, contract or other undertaking issued by or on behalf of the Trust shall include a recitation limiting the obligation represented thereby to the Trust and its assets or the assets of a particular series (but the omission of such a recitation shall not operate to bind any Shareholder or Trustee personally).

Appears in 1 contract

Samples: Stagecoach Trust

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration (Endurance Series Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder Shareholder, by virtue of having become a Shareholder Shareholder, shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust or any Sub-Trust thereof nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an any accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturersShareholder’s partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.. Table of Contents

Appears in 1 contract

Samples: Master Trust Agreement (Icon Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.. PAGE

Appears in 1 contract

Samples: Pragma Investment Trust

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument Declaration of Trust and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an 48679, v0.7 4 accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration (Vanguard Scottsdale Funds)

Status of Shares and Limitation of Personal Liability. Section 7. Shares shall be deemed to be personal property giving only the rights provided in this instrument and Declaration or the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofBylaws. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration (Homestead Funds Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument Declaration of Trust and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall 108671, v0.4 5 not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration (Vanguard Tax-Managed Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall hall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Henderson Global Asset Trust Agreement and Declaration of Trust (American Skandia Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer', employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum subsum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Exhibit Index (Professionally Managed Portfolios)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to t o have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder Shareho lder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any a ny part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind any Shareholder or Trustee personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally may agree to paypay by way of subscription for any Shares or otherwise. Every note, bond, contract or other undertaking issued by or on behalf of the Trust shall include a recitation limiting the obligation represented thereby to the Trust and its assets or the assets of a particular series (but the omission of such a recitation shall not operate to bind any Shareholder or Trustee personally).

Appears in 1 contract

Samples: Agreement and Declaration (Dreyfus Institutional Preferred Money Market Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time agree to pay.

Appears in 1 contract

Samples: Brinson Funds Inc

Status of Shares and Limitation of Personal Liability. Section 6. Shares shall be deemed to be personal property giving only the rights provided in this instrument and Declaration or the By-Laws of the TrustBylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofof this Declaration and the Bylaws and to have become a party hereto and thereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (AllianzGI Artificial Intelligence & Technology Opportunities Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws Declaration of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration (FS Series Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument Declaration of Trust and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an 108648, v0.4 accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration (Vanguard Index Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.. Section 4.7

Appears in 1 contract

Samples: Kobrick (Kobrick HFS Investment Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust or any Sub-Trust thereof nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Master Trust Agreement (State Street Research Capital Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights right of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accountingaccounting , nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Amended and Restated Agreement (American Century Target Maturities Trust)

Status of Shares and Limitation of Personal Liability. Section 8. Shares shall be deemed to be personal property giving only the rights provided in this instrument and Declaration or the By-Laws of the TrustBylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofof this Declaration and the Bylaws and to have become a party hereto and thereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (DoubleLine Yield Opportunities Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument Declaration of Trust and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturers. Neither 107933, v0.5 the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time agree to pay.

Appears in 1 contract

Samples: Instrument (Vanguard International Equity Index Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument Declaration of Trust and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a Shareholder to any title in or to the whole or any part of 107934, v0.3 the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time agree to pay.

Appears in 1 contract

Samples: Vanguard Whitehall (Vanguard Whitehall Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, Trustees but shall entitle entitles such authorized representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any in part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Shareholders shall be entitled to the same limitation of personal liability extended to stockholders of private corporations for profit organized under the General Corporation Law of the State of Delaware. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to personally bind personally any Shareholder, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Emerging Growth & Dividend Reinvestment Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any nay power to bind any Shareholder or Trustee personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally may agree to paypay by way of subscription for any Shares or otherwise. Every note, bond, contract or other undertaking issued by or on behalf of the Trust shall include a recitation limiting the obligation represented thereby to the Trust and its assets (but the omission of such a recitation shall not operate to bind any Shareholder or Trustee personally).

Appears in 1 contract

Samples: Dreyfus Massachusetts Tax Exempt Bond Fund

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument Second Amended and the By-Laws Restated Declaration of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the TrusteesTrustee, but shall entitle entitles such representative only to the rights of said deceased such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the TrusteesTrustee, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay. Ownership of Shares shall not make any Shareholder a third-party beneficiary of any contract entered into by the Trust.

Appears in 1 contract

Samples: Trust and Trust Agreement (Invesco Galaxy Ethereum ETF)

Status of Shares and Limitation of Personal Liability. Shares ---------- ----------------------------------------------------- shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time agree to pay.

Appears in 1 contract

Samples: Brazos Mutual Funds

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust Company shall not operate to terminate the TrustCompany, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust Company or the TrusteesDirectors, but shall entitle entitles such representative only to the rights of said deceased such Shareholder under this Declaration of TrustCompany. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Company Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust Company nor the TrusteesDirectors, nor any officer, employee or agent of the Trust Company shall have any power to bind personally any ShareholderShareholders, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Master Commodity Strategies LLC)

Status of Shares and Limitation of Personal Liability. Section 5. Shares shall be deemed to be personal property giving only the rights provided in this instrument and Declaration of Trust or the By-Laws of the TrustBylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofof this Declaration of Trust and the Bylaws and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, or not except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement And (Sterling Capital Variable Insurance Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument Declaration of Trust and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall 48152, v0.3 4 not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle such representative only to the rights of said deceased such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any Shareholder, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration (Vanguard Fixed Income Securities Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust or any Series nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust Trust, any Series thereof or the Trustees, but shall entitle such representative only to the rights of said deceased Shareholder decedent under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor except as specifically provided herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Goldman Sachs Trust

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder Shareholder, by virtue of having become a Shareholder Shareholder, shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. San Francisco\16900 Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration (U S Global Leaders Variable Insurance Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument and the By-Laws of the Trustinstrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereofhereof and to have become a party hereto. The death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but shall entitle entitles such representative only to the rights of said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle a the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners or joint venturerspartners. Neither the Trust Trust, nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, or nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration (Advisors Series Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!