Common use of Limit of Duties Clause in Contracts

Limit of Duties. Without limiting the generality of the foregoing, the Custodian shall be under no duty or obligation to inquire into, and shall not be liable for: 1. The validity of the issue of any Securities purchased by the Funds, the legality of the purchase thereof, or the propriety of the amount paid therefor; 2. The legality of the sale of any Securities by the Funds or the propriety of the amount for which the same are sold; 3. The legality of the issue or sale of any Shares, or the sufficiency of the amount to be received therefor; 4. The legality of the redemption of any Shares, or the propriety of the amount to be paid therefor; 5. The legality of the declaration or payment of any distribution of the Funds; 6. The legality of any borrowing for temporary administrative or emergency purposes.

Limit of Duties. Without limiting the generality of the foregoing, the Custodian shall be under no duty or obligation to inquire into, and shall not be liable for: 1. The validity of the issue of any Securities purchased by the FundsFund, the legality of the purchase thereof, or the propriety of the amount paid therefor; 2. The legality of the sale of any Securities by the Funds Fund or the propriety of the amount for which the same are sold; 3. The legality of the issue or sale of any Shares, or the sufficiency of the amount to be received therefor; 4. The legality of the redemption of any Shares, or the propriety of the amount to be paid therefor; 5. The legality of the declaration or payment of any distribution of the Funds;Fund; or 6. The legality of any borrowing for temporary administrative or emergency administrative purposes.

Limit of Duties. Without limiting the generality of the foregoing, the Custodian shall be under no duty or obligation to inquire into, and shall not be liable for: 1. The validity of the issue of any Securities purchased by the FundsFund, the legality of the purchase thereof, or the propriety of the amount paid therefor; 2. The legality of the sale of any Securities by the Funds Fund or the propriety of the amount for which the same are sold; 3. The legality of the issue or sale of any Shares, or the sufficiency of the amount to be received therefortherefore; 4. The legality of the redemption of any Shares, or the propriety of the amount to be paid therefor; 5. The legality of the declaration or payment of any distribution of the Funds;Fund; or 6. The legality of any borrowing for temporary administrative or emergency administrative purposes.

Limit of Duties. Without limiting the generality of the foregoing, . the Custodian shall be under no duty or obligation to inquire into, and shall not be liable for: 1. The validity of the issue of any Securities purchased by the FundsTrust, the legality of the purchase thereof, or the propriety of the amount paid therefor; 2. The legality of the sale of any Securities by the Funds Trust, or the propriety of the amount for which the same are sold; 3. The legality of the issue or sale of any Shares, or the sufficiency of the amount to be received therefor; 4. The legality of the redemption of any Shares, or the propriety of the amount to be paid therefor; 5. The legality of the declaration or payment of any dividend or other distribution of the FundsTrust; 6. The legality of any borrowing for temporary administrative or emergency administrative purposes.

Limit of Duties. Without limiting the generality of the foregoing, the Custodian shall be under no duty or obligation to inquire into, and shall not be liable for: 1. The validity of the issue of any Securities purchased by the FundsTrust, the legality of the purchase thereof, or the propriety of the amount paid therefor; 2. The legality of the sale of any Securities by the Funds Trust, or the propriety of the amount for which the same are sold; 3. The legality of the issue or sale of any Shares, or the sufficiency of the amount to be received therefor; 4. The legality of the redemption of any Shares, or the propriety of the amount to be paid therefor; 5. The legality of the declaration or payment of any dividend or other distribution of the FundsTrust; 6. The legality of any borrowing for temporary administrative or emergency administrative purposes.

Limit of Duties. Without limiting the generality of the foregoing, the Custodian shall be under no duty or obligation to inquire into, and shall not be liable for: 1. The validity of the issue of any Securities purchased by the FundsTrust, the legality of the purchase thereof, or the propriety of the amount paid therefor; 2. The legality of the sale of any Securities by the Funds Trust, or the propriety of the amount for which the same are sold; 3. The legality of the issue or sale of any Shares, or the sufficiency of the amount to be received therefor; 4. The legality of the redemption of any Shares, or the propriety of the amount to be paid therefor; 5. The legality of the declaration or payment of any dividend or other distribution of the Funds;Trust; and 6. The legality of any borrowing for temporary administrative or emergency administrative purposes.

Limit of Duties. Without limiting the generality of the foregoing, the Custodian shall be under no duty or obligation to inquire into, and shall not be liable for: 1. The validity of the issue of any Securities purchased by the FundsFund, the legality of the purchase thereof, or the propriety of the amount paid therefor; 2. The legality of the sale of any Securities by the Funds Fund or the propriety of the amount for which the same are sold; 3. The legality of the issue or sale of any Shares, or the sufficiency of the amount to be received therefor; 4. The legality of the redemption repurchase of any Shares, or the propriety of the amount to be paid therefor; 5. The legality of the declaration or payment of any dividend or other distribution of the Funds;Fund; or 6. The legality of any borrowing for temporary administrative or emergency administrative purposes.

Limit of Duties. Without limiting the generality of the foregoing, the Custodian shall be under no duty or obligation to inquire into, and shall not be liable for: (1. ) The validity of the issue of any Securities purchased by the Fundsany Series, the legality of the purchase thereof, or the propriety of the amount paid therefor; (2. ) The legality of the sale of any Securities by the Funds any Series, or the propriety of the amount for which the same are sold; (3. ) The legality of the issue or sale of any Shares, or the sufficiency of the amount to be received therefor; (4. ) The legality of the redemption of any Shares, or the propriety of the amount to be paid therefor; (5. ) The legality of the declaration or payment of any dividend or other distribution of the Fundsany Series; (6. ) The legality of any borrowing for temporary administrative or emergency or other purposes.