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 rights provided in this instrument. Every Shareholder, by virtue of having become a Shareholder, shall be held to have expressly assented and agreed to the terms of the Declaration of Trust and to have become a party thereto. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the 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 only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle 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 any accounting nor shall the ownership of Shares constitute the Shareholders partners. Neither the Trust nor the Trustees, nor any office, employee or agent of the Trust shall have any power to bind personally any Shareholder, 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.

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property, property giving only the rights provided in this instrument. Every Shareholder, Shareholder by virtue of having become a Shareholder, Shareholder shall be held to have expressly assented and agreed to the terms of the Declaration of Trust hereof and to have become a party theretohereto. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the same, 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 only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle 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 any accounting an accounting, nor shall the ownership of Shares constitute the Shareholders partners. Neither the Trust nor the Trustees, nor any officeofficer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, 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.

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property, property giving only the rights provided in this instrument. Every Shareholder, Shareholder by virtue of having become a Shareholder, Shareholder shall be held to have expressly assented and agreed to the terms of the Declaration of Trust hereof and to have become a party theretohereto. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the same, 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 only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle 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 any accounting an accounting, nor shall the ownership of Shares constitute the Shareholders partners. Neither the Trust Trust, nor the Trustees, nor any officeofficer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, 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.

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property, property giving only the rights provided in this instrument. Every Shareholder, Shareholder by virtue of having become a Shareholder, Shareholder shall be held to have expressly assented and agreed to the terms of the Declaration of Trust hereof and to have become a party theretohereto. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the same, Trust or any Series 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 only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle 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 any accounting an accounting, nor shall the ownership of Shares constitute the Shareholders partners. Neither the Trust nor the Trustees, nor any officeofficer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, 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.

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property, property giving only the rights provided in this instrument. Every Shareholder, Shareholder by virtue of having become a Shareholder, Shareholder shall be held to have expressly assented and agreed to the terms of the Declaration of Trust hereof and to have become a party theretohereto. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the sameTrust, 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 only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle 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 any accounting an accounting, nor shall the ownership of Shares constitute the Shareholders partners. Neither the Trust nor the Trustees, nor any officeofficer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, 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.

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property, property giving only the rights provided in this instrument. Every Shareholder, Shareholder by virtue of having become a Shareholder, Shareholder shall be held to have expressly assented and agreed to the terms of the this Declaration of Trust and to have become a party thereto. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the same, 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 only to the rights of said decedent descendent under this Trust. Ownership of Shares shall not entitle 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 samesame or to an accounting, or for any accounting nor shall the ownership of Shares constitute the Shareholders partners. Neither the Trust nor the Trustees, nor any officeofficer, employee or agent of the Trust shall have any power to bind personally any Shareholder, 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.

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property, property giving only the rights provided in this instrument. Every Shareholder, Shareholder by virtue of having become a Shareholder, Shareholder shall be held to have expressly assented and agreed to the terms of the Declaration of Trust and to have become a party thereto. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the same, 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 only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle 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 any accounting an accounting, nor shall the ownership of Shares constitute the Shareholders partners. Neither the Trust nor the Trustees, nor any officeofficer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, 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.

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property, property giving only the --------- rights provided in this instrument. Every Shareholder, Shareholder by virtue of having become a Shareholder, Shareholder shall be held to have expressly assented and agreed to the terms of the Declaration of Trust hereof and to have become a party theretohereto. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the same, 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 only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle 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 any accounting an accounting, nor shall the ownership of Shares constitute the Shareholders partners. Neither the Trust nor the Trustees, nor any officeofficer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, 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.

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property, property giving only the rights provided in this instrument. Every Shareholder, Shareholder by virtue of having become a Shareholder, Shareholder shall be held to have expressly assented and agreed to the terms of the Declaration of Trust hereof and to have become a party theretohereto. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the same, 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 only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle 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 any accounting an accounting, nor shall the ownership of Shares constitute the Shareholders partners. Neither the Trust nor the Trustees, nor any officeofficer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, 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.

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property, property giving only the rights provided in this instrument. Every Shareholder, Shareholder by virtue of having become a Shareholder, Shareholder shall be held to have expressly assented and agreed to the terms of the Declaration of Trust hereof and to have become a party theretohereto. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the same, 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 entitles such representative only to the rights of said decedent deceased Shareholder under this Trust. Ownership of Shares shall not entitle 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 any accounting an accounting, nor shall the ownership of Shares constitute the Shareholders partners. Neither the Trust nor the Trustees, nor any officeofficer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, nor, 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.provided

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property, property giving only the rights provided in this instrument. Every Shareholder, Shareholder by virtue of having become a Shareholder, shall Shareholder hall be held to have expressly assented and agreed to the terms of the Declaration of Trust hereof and to have become a party theretohereto. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the same, 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 only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle 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 any accounting an accounting, nor shall the ownership of Shares constitute the Shareholders partners. Neither the Trust nor the Trustees, nor any officeofficer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, 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.

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property, property giving only the rights provided in this instrument. Every Shareholder, Shareholder by virtue of having become a Shareholder, Shareholder shall be held to have expressly assented and agreed to the terms of the Declaration of Trust hereof and to have become a party theretohereto. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the same, 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 only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle 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 any accounting an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officeofficer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, 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

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property, property giving only the rights provided in this instrument. Every Shareholder, Shareholder by virtue of having become a Shareholder, Shareholder shall be held to have expressly assented and agreed to the terms of the this Declaration of Trust and to have become a party thereto. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the same, 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 only to the rights of said decedent decent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or of any part of the Trust property, property or right to call for a partition or division of the same, same or for any accounting an accounting, nor shall the ownership of Shares constitute the Shareholders partners. Neither the Trust nor the Trustees, nor any officeofficer, employee or agent of the Trust shall have any power to bind personally any Shareholder, 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.

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property, property giving only the rights provided in this instrumentDeclaration of Trust. Every Shareholder, Shareholder by virtue of having become a Shareholder, Shareholder shall be held to have expressly assented and agreed to the terms of the Declaration of Trust hereof and to have become a party theretohereto. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the same, 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 only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the assets of the Trust property, or right to call for a partition or division of the same, same or for any accounting an accounting, nor shall the ownership of Shares constitute the Shareholders partners. Neither the Trust nor the Trustees, nor any officeofficer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, 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.

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property, property giving only the rights provided in this instrument. Every Shareholder, Shareholder by virtue of having become a Shareholder, Shareholder shall be held to have expressly assented and agreed to the terms of the Declaration of Trust hereof and to have become a party theretohereto. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the same, 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 only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle 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 any accounting an accounting, nor shall the ownership of Shares constitute the Shareholders partners. Neither the Trust nor the Trustees, nor any officeofficer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, 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.

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property, property giving only the rights provided in this instrument. Every Shareholder, Shareholder by virtue of having become a Shareholder, Shareholder shall be held to have expressly assented and agreed to the terms of the Declaration of Trust hereof and to have become a party theretohereto. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the same, nor Trust or any Sub-Trust thereof 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 only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle 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 any accounting an accounting, nor shall the ownership of Shares constitute the Shareholders Shareholders' partners. Neither the Trust nor the Trustees, nor any officeofficer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, 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.

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property, property giving only the rights provided in this instrument. Every Shareholder, Shareholder by virtue of having become a Shareholder, Shareholder shall be held to have expressly assented and agreed to the terms of the Declaration of Trust hereof and to have become a party theretohereto. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the same, 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 only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle 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 any accounting an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officeofficer, employee or agent of the Trust shall have any power to bind personally any Shareholder, 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.

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property, property giving only the rights provided in this instrument. Every Shareholder, by virtue of having become a Shareholder, shall be held to have expressly assented and agreed to the terms of the Declaration of Trust hereof and to have become a party theretohereto. The death of a Shareholder during the continuance existence of the Trust shall not operate to terminate the sameTrust, 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 only to the rights of said decedent under Truunder this Trust. Ownership of Shares shall not entitle 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 any accounting an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officeofficer, employee or agent of the Trust shall have any power to bind personally any Shareholder, 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.

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property, property giving only the rights provided in this instrument. Every Shareholder, Shareholder by virtue of having become a Shareholder, Shareholder shall be held to have expressly assented and agreed to the terms of the Declaration of Trust and to have become a party thereto. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the same, 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 only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle 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 any accounting an accounting, nor shall the ownership of Shares constitute the Shareholders partners. Neither the Trust nor the Trustees, nor any officeofficer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, 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.