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.
Appears in 2 contracts
Samples: Beacon Institutional Funds Trust (American Beacon Institutional Funds Trust), American Beacon Institutional Funds Trust (American Beacon Institutional Funds 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 obligations, if any, assumed by the Trust pursuant to this Agreement shall will be limited in all cases to the Trust and its assets, and if the liability relates to the Portfolioone or more series, the obligations hereunder shall will be limited to the respective assets of that Portfoliothe Fund. The Adviser further agrees that it shall will not seek satisfaction of any such obligation from the shareholders or any individual shareholder of the PortfolioFunds, nor from the Trustees or any individual Trustee of the Trust.
Appears in 2 contracts
Samples: Investment Advisory Agreement (SP Funds Trust), Investment Advisory Agreement (SP Funds 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.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Krane Shares Trust), Investment Advisory Agreement (Krane Shares 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.
Appears in 2 contracts
Samples: Investment Advisory Agreement (American Beacon Sound Point Enhanced Income Fund), Investment Advisory Agreement (American Beacon Sound Point Enhanced Income Fund)
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.
Appears in 1 contract
Samples: Investment Advisory Agreement (SteelPath MLP Funds 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.
Appears in 1 contract
Samples: Interim Investment Advisory Agreement (PineBridge Mutual Funds)
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.
Appears in 1 contract
Samples: Investment Advisory Agreement (American Beacon Funds)
