Common use of Trustees Not Liable Clause in Contracts

Trustees Not Liable. Any obligation of The Trustees of General ------------------- Electric Pension Trust shall be enforceable solely against the assets of such Pension Trust and not against any Trustee (individually or in the aggregate) or GEPT Investment Management Incorporated.

Appears in 2 contracts

Samples: Investors' Rights Agreement (Pilot Network Services Inc), Investors' Rights Agreement (Pilot Network Services Inc)

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Trustees Not Liable. Any obligation of The the Trustees of General ------------------- Electric Pension Trust hereunder shall be enforceable solely against the assets of such Pension Trust and not against any Trustee individually (individually except with respect to the actual fraud or in the aggregate) or GEPT Investment Management Incorporatedwillful misconduct of any such Trsutee).

Appears in 1 contract

Samples: Operating Agreement (Cybershop International Inc)

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Trustees Not Liable. Any obligation of The the Trustees of General ------------------- Electric Pension Trust shall be enforceable solely against the assets of such Pension Trust and not against any Trustee Trust individually (individually except with respect to the actual fraud or in the aggregate) or GEPT Investment Management Incorporatedwillful misconduct of any such Trustee).

Appears in 1 contract

Samples: Registration Rights Agreement (Cybershop International Inc)

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