Common use of TRUST AND SHAREHOLDER LIABILITY Clause in Contracts

TRUST AND SHAREHOLDER LIABILITY. The Adviser and the Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Trust Declaration and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of the Portfolio. The Adviser and the Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio(s), nor from the Trustees or officers, or from any individual Trustee or officer of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and the Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Trust Declaration and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of the PortfolioFund. The Adviser and the Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio(sFund(s), nor from the Trustees or officers, or from any individual Trustee or officer of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser Manager and the Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Agreement and Declaration of Trust Declaration of the Trust and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of the Portfolio. The Adviser Manager and the Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio(s)Portfolio, nor from the Trustees or officers, or from any individual Trustee or officer of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and the Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Agreement and Declaration of Trust Declaration of the Trust and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of the PortfolioFund. The Adviser and the Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio(s)Fund, nor from the Trustees or officers, or from any individual Trustee or officer of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser Manager and the Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Agreement and Declaration of Trust Declaration of the Trust and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of the PortfolioPortfolios. The Adviser Manager and the Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio(s)Portfolios, nor from the Trustees or officers, or from any individual Trustee or officer of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser Manager and the Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Agreement and Declaration of Trust Declaration of the Trust and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of the PortfolioFund. The Adviser Manager and the Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio(s)Fund, nor from the Trustees or officers, or from any individual Trustee or officer of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser Manager and the Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Agreement and Declaration of Trust Declaration of the Trust and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of the Portfolio. The Adviser Manager and the Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio(s), nor from the Trustees or officers, or from any individual Trustee or officer of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and the Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Trust Declaration and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of the Portfolio. The Adviser and the Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio(s), nor from the Trustees or officers, or from any individual Trustee or officer of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Investment Adviser and the Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Trust Declaration and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of the PortfolioFund. The Investment Adviser and the Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio(sFund(s), nor from the Trustees or officers, or from any individual Trustee or officer of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and the Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Trust Declaration and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of the PortfolioFund. The Adviser and the Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio(s)Fund, nor from the Trustees or officers, or from any individual Trustee or officer of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and the Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Agreement and Declaration of Trust Declaration of the Trust and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of the Portfolioportfolios. The Adviser and the Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio(s)Fund, nor from the Trustees or officers, or from any individual Trustee or officer of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and the Sub-Adviser Advisers are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Agreement and Declaration of Trust Declaration of the Trust and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of the PortfolioFund. The Adviser and the Sub-Adviser Advisers further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio(s)Fund, nor from the Trustees or officers, or from any individual Trustee or officer of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and the Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Trust Declaration Company’s Articles and agree that obligations assumed by the Trust Company pursuant to this Agreement shall be limited in all cases to the Trust Company and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of the PortfolioFund. The Adviser and the Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio(sFund(s), nor from the Trustees Directors or officers, or from any individual Trustee Directors or officer of the TrustCompany.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and the Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Trust Declaration Trust’s Articles and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of the Portfolioeach Fund. The Adviser and the Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio(s)any Fund, nor from the Trustees or officers, or from any individual Trustee Trustees or officer of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and the Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Trust Declaration Company’s Articles and agree that obligations assumed by the Trust Company pursuant to this Agreement shall be limited in all cases to the Trust Company and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of the PortfolioFund. The Adviser and the Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio(s)Fund, nor from the Trustees Directors or officers, or from any individual Trustee Directors or officer of the TrustCompany.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and the Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Trust Declaration and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of the each Portfolio. The Adviser and the Sub-Sub- Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio(s), nor from the Trustees or officers, or from any individual Trustee or officer of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and the Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Trust Declaration and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of the each Portfolio. The Adviser and the Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio(s), nor from the Trustees or officers, or from any individual Trustee or officer of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser Manager and the Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Agreement and Declaration of Trust Declaration of the Trust and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of the Portfolio. The Adviser Manager and the Sub-Sub- Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio(s)Portfolio, nor from the Trustees or officers, or from any individual Trustee or officer of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser Manager and the Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Trust Declaration and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of the PortfolioPortfolios. The Adviser Manager and the Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio(s)Portfolios, nor from the Trustees or officers, or from any individual Trustee or officer of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser Manager and the Sub-Adviser Advisers are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Agreement and Declaration of Trust Declaration of the Trust and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of the Portfolio. The Adviser Manager and the Sub-Adviser Advisers further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio(s)Portfolio, nor from the Trustees or officers, or from any individual Trustee or officer of the Trust.