Common use of TRUST DISCLAIMER Clause in Contracts

TRUST DISCLAIMER. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of its Trustees, shareholders, nominees, officers, agents or employees personally, but shall bind only the property or assets of the Trust, as the case may be. The execution and delivery of this Agreement has been authorized by the Trustees, and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by the Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the property or assets of the Trust as provided in the Trust’s organizational documents.

Appears in 7 contracts

Samples: Custody Agreement (Cushing ETF Trust), Custody Agreement (Cushing ETF Trust), Custody Agreement (Cushing Mutual Funds Trust)

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TRUST DISCLAIMER. It is expressly agreed that the obligations of the Trust Fund hereunder shall not be binding upon any of its Trustees, shareholders, nominees, officers, agents or employees personally, but shall bind only the property or assets of the Trust, as the case may be. The execution and delivery of this Agreement has been authorized by the Trustees, and this Agreement has been signed and delivered by an authorized officer of the TrustFund, acting as such, and neither such authorization by the Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the property or assets of the Trust Fund as provided in the TrustFund’s organizational documents.

Appears in 4 contracts

Samples: Custody Agreement (Octagon XAI CLO Income Fund), Custody Agreement, Custody Agreement (XAI Octagon Floating Rate & Alternative Income Term Trust)

TRUST DISCLAIMER. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of its the Trustees, shareholders, nominees, officers, agents or employees of the Trust personally, but shall bind only the trust property or assets of the Trust, as the case may be. The execution and delivery of this Agreement has been authorized by the Trustees, and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by the Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the trust property or assets of the Trust as provided in the Trust’s organizational documents's Master Trust Agreement.

Appears in 3 contracts

Samples: Transfer Agency Agreement (Usaa Mutual Funds Trust), Administration and Servicing Agreement (Usaa Mutual Funds Trust), Administration and Servicing Agreement (Usaa Mutual Funds Trust)

TRUST DISCLAIMER. It is expressly ix xxxxxxsly agreed that the obligations of the Trust hereunder shall not be binding upon any of its the Trustees, shareholders, nominees, officers, agents or employees of the Trust personally, but shall bind only the trust property or assets of the Trust, as the case may be. The execution and delivery of this Agreement has been authorized by the Trustees, and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by the Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the trust property or assets of the Trust as provided in the Trust’s organizational documents's Master Trust Agreement.

Appears in 2 contracts

Samples: Facility Agreement (Usaa Investment Trust), Facility Agreement (Usaa State Tax Free Trust)

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TRUST DISCLAIMER. It is expressly xxxxxxxly agreed that the obligations of the Trust hereunder shall not be binding upon any of its the Trustees, shareholders, nominees, officers, agents or employees of the Trust personally, but shall bind only the trust property or assets of the Trust, as the case may be. The execution and delivery of this Agreement has been authorized by the Trustees, and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by the Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the trust property or assets of the Trust as provided in the Trust’s organizational documents's Master Trust Agreement.

Appears in 1 contract

Samples: Facility Agreement (Usaa State Tax Free Trust)

TRUST DISCLAIMER. It is expressly exxxxxxxx agreed that the obligations of the Trust hereunder shall not be binding upon any of its the Trustees, shareholders, nominees, officers, agents or employees of the Trust personally, but shall bind only the trust property or assets of the Trust, as the case may be. The execution and delivery of this Agreement has been authorized by the Trustees, and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by the Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the trust property or assets of the Trust as provided in the Trust’s organizational documents's Master Trust Agreement.

Appears in 1 contract

Samples: Facility Agreement (Usaa Investment Trust)

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