Common use of TRUST AND SHAREHOLDER LIABILITY Clause in Contracts

TRUST AND SHAREHOLDER LIABILITY. The Adviser is hereby expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust and agrees 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 the Portfolio, the obligations hereunder shall be limited to the respective assets of that Portfolio. The Adviser further agrees that it shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the Portfolio, nor from the Trustees or any individual Trustee of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser is hereby expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust and agrees 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 the Portfolioone or more Fund, the obligations hereunder shall be limited to the respective assets of that PortfolioFund. The Adviser further agrees that it shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the PortfolioFund, nor from the Trustees Board or any individual Trustee of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser is hereby expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust and agrees that obligations assumed by any claims against or liabilities of the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability or claim relates to the Portfolioone or more Fund, the obligations hereunder they shall be limited to the respective assets of that PortfolioFund. The Adviser further agrees that it shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the PortfolioFund, nor from the Trustees or any individual Trustee of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser is hereby expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust and agrees 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 the PortfolioFund, the obligations hereunder shall be limited to the respective assets of that Portfoliothe Fund. The Adviser further agrees that it shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the PortfolioFund, nor from the Trustees or any individual Trustee of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser Advisor is hereby expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust and agrees 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 the Portfolioone or more Funds, the obligations hereunder shall be limited to the respective assets of that PortfolioFund. The Adviser Advisor further agrees that it shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the PortfolioFund, nor from the Trustees or any individual Trustee of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser is hereby expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust and agrees 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 the Portfolioone or more Fund, the obligations hereunder shall be limited to the respective assets of that PortfolioFund. The Adviser further agrees that it shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the PortfolioFund, nor from the Trustees or any individual Trustee of the Trust.