TRUST AND SHAREHOLDER LIABILITY. The Administrator is hereby expressly put on notice of the limitation of shareholder liability as set forth in the Agreement and Declaration of Trust of the Trust and agrees that obligations assumed by the Trust and/or a Fund pursuant to this Agreement shall be limited in all cases to that Trust and/or the Fund and its assets, and if the liability relates to one or more Funds, the obligations hereunder shall be limited to the respective assets of such Fund or Funds. The Administrator further agrees that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of a Fund, nor from the Trustees, any individual Trustee of the Trust or any of the Trust’s officers, employees or agents, whether past, present or future shall be personally liable therefor.
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Samples: Administrative Services Agreement (U S Global Investors Inc), Administrative Services Agreement (Us Global Investors Funds), Administrative Services Agreement (U S Global Investors Inc)
TRUST AND SHAREHOLDER LIABILITY. The Administrator is hereby expressly put on notice of the limitation of shareholder liability as set forth in the Agreement and Declaration of Trust of the each Trust and agrees that obligations assumed by the a Trust and/or a Fund Series pursuant to this Agreement shall be limited in all cases to that Trust and/or the Fund Series and its assets, and if the liability relates to one or more FundsTrust and/or Series, the obligations hereunder shall be limited to the respective assets of such Fund or Fundsthat Trust and/or Series. The Administrator further agrees that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of a FundTrust and/or Series, nor from the Trustees, any individual Trustee of the a Trust or any of the Trust’s officers, employees or agents, whether past, present or future shall be personally liable therefortherefore.
Appears in 8 contracts
Samples: Administration Agreement (Eagle Capital Appreciation Fund), Administration Agreement (Eagle Growth & Income Fund), Administration Agreement (Eagle Growth & Income Fund)
TRUST AND SHAREHOLDER LIABILITY. The Administrator is hereby expressly put on notice of the limitation of shareholder liability as set forth in the Agreement and Declaration of Trust of the each Trust and agrees that obligations assumed by the a Trust and/or a Fund Series pursuant to this Agreement shall be limited in all cases to that Trust and/or the Fund Series and its assets, and if the liability relates to one or more FundsTrust and/or Series, the obligations hereunder shall be limited to the respective assets of such Fund or Fundsthat Trust and/or Series. The Administrator further agrees that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of a FundTrust and/or Series, nor from the Trustees, any individual Trustee of the a Trust or any of the Trust’s officers, employees or agents, whether past, present or future shall be personally liable therefor.
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TRUST AND SHAREHOLDER LIABILITY. The Administrator is hereby expressly put on notice of the limitation of shareholder liability as set forth in the Agreement and Declaration of Trust of the Trust and agrees that obligations assumed by the Trust and/or a Fund Series pursuant to this Agreement shall be limited in all cases to that Trust and/or the Fund Series and its assets, and if the liability relates to one or more FundsTrust and/or Series, the obligations hereunder shall be limited to the respective assets of such Fund or Fundsthat Trust and/or Series. The Administrator further agrees that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of a Fundthe Trust and/or Series, nor from the Trustees, any individual Trustee of the Trust or any of the Trust’s officers, employees or agents, whether past, present or future shall be personally liable therefortherefore.
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