Common use of Liability of the Portfolio Clause in Contracts

Liability of the Portfolio. Illinois Trust does not issue or insure the CDs nor does it guarantee the payment of principal of or interest on the CDs. Illinois Trust is not acting as a broker-dealer or an investment adviser with respect to the CDs. Participant's investment advisory relationship is with Advisor. Illinois Trust is not responsible for Participant’s compliance with the FDIC or NCUA insurance limits. Illinois Trust assumes no obligations pursuant to this Agreement or with respect to the CDs.

Liability of the Portfolio. Illinois Trust does not issue or insure the CDs nor does it guarantee the payment of principal of or interest on the CDs. Illinois Trust is not acting as a broker-dealer broker‐dealer or an investment adviser with respect to the CDs. Participant's investment advisory relationship is with Advisor. Illinois Trust is not responsible for Participant’s compliance with the FDIC or NCUA insurance limits. Illinois Trust assumes no obligations pursuant to this Agreement or with respect to the CDs.