Liability of Trustees, etc. This Agreement is executed by or on behalf of the Trust with respect to each of the Funds and the obligations hereunder are not binding upon any of the Trustees, officers or shareholders of the Trust individually but are binding only upon the Fund to which such obligations pertain and the assets and property of such Fund. All obligations of the Trust under this Agreement shall apply only on a Fund-by-Fund basis, and the assets of one Fund shall not be liable for the obligations of another Fund. The Trust’s Declaration of Trust is on file with the Trust.
Appears in 3 contracts
Sources: Management Agreement (Northern Funds), Management Agreement (Northern Funds), Management Agreement (Northern Funds)
Liability of Trustees, etc. This Agreement is executed by or on behalf of the Trust with respect to each of the Funds Portfolios and the obligations hereunder are not binding upon any of the Trustees, officers or shareholders of the Trust individually but are binding only upon the Fund Portfolio to which such obligations pertain and the assets and property of such FundPortfolio. All obligations of the Trust under this Agreement shall apply only on a FundPortfolio-by-Fund Portfolio basis, and the assets of one Fund Portfolio shall not be liable for the obligations of another FundPortfolio. The Trust’s Declaration of Trust is on file with the Trust.
Appears in 2 contracts
Sources: Management Agreement (Northern Institutional Funds), Management Agreement (Northern Institutional Funds)
Liability of Trustees, etc. This Agreement is executed by or on behalf of the Trust with respect to each of the Funds Portfolio and the obligations hereunder are not binding upon any of the Trustees, officers or shareholders Shareholders of the Trust individually but are binding only upon the Fund to which such obligations pertain Portfolio and the assets and property of such Fundthe Portfolio. All obligations of the Trust under this Agreement shall apply only on a FundPortfolio-by-Fund Portfolio basis, and the assets of one Fund the Portfolio shall not be liable for the obligations of another Fundportfolio of the Trust. The Trust’s Declaration of Trust is on file with the Trust.
Appears in 1 contract
Sources: Management Agreement (Northern Institutional Funds)