Common use of Limits of Liability Clause in Contracts

Limits of Liability. The limit of the Policy insurer’s (the “Insurer”) liability under the Policy shall not be less than an amount approved by each Fund’s Board.

Appears in 105 contracts

Sources: Joint Liability Insurance Agreement (Destiny Alternative Fund (TEI) LLC), Joint Liability Insurance Agreement (Destiny Alternative Fund), Joint Liability Insurance Agreement (Felicitas Private Markets Fund)

Limits of Liability. The limit of the Policy insurerInsurer’s (the “Insurer”) liability under the Policy shall not be less than an amount approved by each Fund’s BoardBoard of Directors.

Appears in 8 contracts

Sources: Joint Liability Insurance Agreement (Stratton Real Estate Fund, Inc.), Joint Liability Insurance Agreement (Stratton Funds, Inc.), Joint Liability Insurance Agreement (Stratton Real Estate Fund, Inc.)

Limits of Liability. The limit of the Policy insurer’s (the “Insurer”) Insurers’ liability under the Policy shall not be less than an amount approved by each Registered Fund’s BoardBoard of Directors/ Trustees/ Managers.

Appears in 7 contracts

Sources: Joint Liability Insurance Agreement (Hatteras Core Alternatives TEI Institutional Fund, L.P.), Joint Liability Insurance Agreement (Hatteras Core Alternatives Fund, L.P.), Joint Liability Insurance Agreement (Hatteras Core Alternatives TEI Institutional Fund, L.P.)

Limits of Liability. The limit of the Policy insurer’s (the “Insurer”) liability under the Policy shall not be less than an amount approved by each Fund’s BoardBoard of Trustees.

Appears in 7 contracts

Sources: Joint Liability Insurance Agreement (Relative Value Fund), Joint Liability Insurance Agreement (Cliffwater Corporate Lending Fund), Joint Liability Insurance Agreement (Vivaldi Opportunities Fund)

Limits of Liability. The limit of the Policy insurerInsurer’s (the “Insurer”) liability under the Policy shall not be less than an amount approved by each Fund’s BoardBoard of Trustees.

Appears in 5 contracts

Sources: Joint Liability Insurance Agreement (Privacore PCAAM Alternative Growth Fund), Joint Liability Insurance Agreement (Privacore PCAAM Alternative Income Fund), Joint Liability Insurance Agreement (Privacore PCAAM Alternative Growth Fund)

Limits of Liability. The limit of the Policy insurerInsurer’s (the “Insurer”) liability under the Policy shall not be less than an amount approved by each Registered Fund’s BoardBoard of Directors/ Trustees/ Managers.

Appears in 4 contracts

Sources: Joint Liability Insurance Agreement (Hatteras Multi-Strategy Fund, L.P.), Joint Liability Insurance Agreement (Hatteras Multi-Strategy TEI Fund, L.P.), Joint Liability Insurance Agreement (Hatteras Multi-Strategy TEI Institutional Fund, L.P.)

Limits of Liability. The limit of the Policy insurer’s 's (the "Insurer") liability under the Policy shall not be less than an amount approved by each Fund’s 's Board.

Appears in 2 contracts

Sources: Joint Liability Insurance Agreement (First Trust Hedged Strategies Fund), Joint Liability Insurance Agreement (Variant Alternative Income Fund)

Limits of Liability. The limit of the Policy insurer’s (the “Insurer”) Insurers’ liability under the Policy shall not be less than an amount approved by each the Fund’s BoardBoard of Trustees.

Appears in 1 contract

Sources: Joint Liability Insurance Agreement (Hamilton Lane Private Assets Fund)

Limits of Liability. The limit of the Policy insurerInsurer’s (the “Insurer”) liability under the Policy shall not be less than an amount approved by each Fund’s Board.

Appears in 1 contract

Sources: Joint Liability Insurance Agreement (Infinity Core Alternative Fund)

Limits of Liability. The limit of the Policy insurerInsurer’s (the “Insurer”) liability under the Policy shall not be less than an amount approved by each the Fund’s BoardBoard of Trustees.

Appears in 1 contract

Sources: Joint Liability Insurance Agreement (Cresset Private Markets Opportunity Fund)

Limits of Liability. The limit of the Policy insurerInsurer’s (the “Insurer”) liability under the Policy shall not be less than an amount approved by each Fund’s BoardBoard of Managers.

Appears in 1 contract

Sources: Joint Liability Insurance Agreement (Aetna Multi-Strategy 1099 Fund)

Limits of Liability. The limit of the Policy insurer’s (the “Insurer”) Insurers’ liability under the Policy shall not be less than an amount approved by each Registered Fund’s BoardBoard of Directors or Managers.

Appears in 1 contract

Sources: Joint Liability Insurance Agreement (Hatteras Core Alternatives TEI Institutional Fund, L.P.)

Limits of Liability. The limit of the Policy insurerinsure’s (the “Insurer”) liability under the Policy shall not be less than an amount approved by each Fund’s BoardBoard of Trustees.

Appears in 1 contract

Sources: Joint Liability Insurance Agreement (Vivaldi Opportunities Fund)