Directors and Trustees Sample Clauses
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Directors and Trustees. It is understood and is expressly stipulated that neither the holders of Shares nor any member of the Board be personally liable hereunder. Whenever reference is made herein to an action required to be taken by the Board, such action may also be taken by the Board’s executive committee.
Directors and Trustees. Where appearing in this Agreement, "Director" shall also refer to "Trustee" and "Board of Directors" shall also refer to "Board of Trustees."
Directors and Trustees. It is understood and is expressly stipulated that neither the holders of shares in the Fund nor any Directors or Trustees of the Fund shall be personally liable hereunder.
Directors and Trustees. NEITHER THE HOLDERS OF SHARES IN THE PORTFOLIO NOR ANY DIRECTORS OR TRUSTEES OF THE FUND WILL BE PERSONALLY LIABLE HEREUNDER.
Directors and Trustees. Neither the holders of shares in the Portfolio nor any Directors or Trustees of the Fund will be personally liable hereunder.