Unitholder Liability. This Agreement is executed by or on behalf of the Trust with respect to each of its Portfolios and the obligations hereunder are not binding upon any of the Trustees, officers or Unitholders of the Trust individually but are binding only upon the Portfolio to which such obligations pertain and the assets and property of such Portfolio.
Appears in 3 contracts
Samples: Administration Agreement (Benchmark Funds), Administration Agreement (Benchmark Funds), Administration Agreement (Benchmark Funds)
Unitholder Liability. This Agreement is executed by or on behalf of the Trust with respect to each of its Portfolios Fund and the obligations hereunder are not binding upon any of the Trustees, officers or Unitholders of the Trust Fund individually but are binding only upon the particular Portfolio to which such obligations pertain and the assets and property of such Portfolio.
Appears in 3 contracts
Samples: Advisory Agreement (Trust for Credit Unions), Advisory Agreement (Trust for Credit Unions), Advisory Agreement (Trust for Credit Unions)
Unitholder Liability. This Agreement is executed by or on behalf of the Trust with respect to each of its the Portfolios and the obligations hereunder are not binding upon any of the Trustees, officers or Unitholders of the Trust individually but are binding only upon the Trust and its assets and property. All obligations of the Trust under this Agreement shall apply only on a Portfolio-by-Portfolio to which such obligations pertain basis, and the assets and property of such one Portfolio shall not be liable for the obligations of another Portfolio.
Appears in 1 contract
Unitholder Liability. This Agreement is executed by or on behalf of the Trust with respect to each of its Portfolios and the obligations hereunder are not binding upon any of the Trustees, officers Officers or Unitholders holders of Units of the Trust individually but are binding only upon the Portfolio to which such Trust and its assets and property. All obligations pertain of the Trust under this Agreement shall apply only on a Class by Class basis, and the assets and property of such Portfolioone Class shall not be liable for the obligations of another Class.
Appears in 1 contract
Unitholder Liability. This Agreement is executed by or on behalf of the Trust with respect to each of its Portfolios Portfolio and the obligations hereunder are not binding upon any of the Trustees, officers or Unitholders of the Trust individually but are binding only upon the Trust and its assets and property. All obligations of the Trust under this Agreement shall apply only on a Portfolio-by-Portfolio to which such obligations pertain basis, and the assets and property of such one Portfolio shall not be liable for the obligations of another Portfolio.
Appears in 1 contract
Unitholder Liability. This Agreement is executed by or on behalf of the Trust with respect to each of its Portfolios and the obligations hereunder are not binding upon any of the Trustees, officers Officers or Unitholders of the Trust individually but are binding only upon the Trust and its assets and property. All obligations of the Trust under this Agreement shall apply only on a Portfolio to which such obligations pertain by Portfolio basis, and the assets and property of such one Portfolio shall not be liable for the obligations of another Portfolio.
Appears in 1 contract
Unitholder Liability. This Agreement is executed by or on behalf of the Trust with respect to each of its the Portfolios and the obligations hereunder are not binding upon any of the Trustees, officers or Unitholders of the Trust individually but are binding only upon the Portfolio to which such obligations pertain and the assets and property of such Portfolio.
Appears in 1 contract
Unitholder Liability. This Agreement is executed by or on behalf -------------------- of the Trust with respect to each of its Portfolios and the obligations hereunder are not binding upon any of the Trustees, officers or Unitholders of the Trust individually but are binding only upon the Portfolio to which such obligations pertain and the assets and property of such Portfolio.
Appears in 1 contract