Common use of Non-Liability of Trustees and Shareholders Clause in Contracts

Non-Liability of Trustees and Shareholders. Any obligation of Trust hereunder shall be binding only upon the assets of Trust (or the applicable Fund thereof) and shall not be binding upon any Trustee, officer, employee, agent or Shareholder of Trust. Neither the authorization of any action by the Trustees or Shareholders of Trust nor the execution of this Agreement on behalf of Trust shall impose any liability upon any Trustee or any Shareholder.

Appears in 29 contracts

Sources: Interim Management Agreement, Management Agreement (Nuveen Investment Trust V), Management Agreement (Nuveen Investment Trust Ii)

Non-Liability of Trustees and Shareholders. Any obligation of Trust hereunder shall be binding only upon the assets of Trust (or the applicable Fund thereof) and shall not be binding upon any Trustee, officer, employee, agent or Shareholder shareholder of Trust. Neither the authorization of any action by the Trustees or Shareholders shareholders of Trust nor the execution of this Agreement on behalf of Trust shall impose any liability upon any Trustee or any Shareholdershareholder.

Appears in 18 contracts

Sources: Administrative Agreement (Columbia Funds Trust Ix), Administrative Agreement (Liberty Stein Roe Funds Income Trust), Administrative Agreement (Stein Roe Advisor Trust)

Non-Liability of Trustees and Shareholders. Any obligation of the Trust hereunder shall be binding only upon the assets of the Trust (or the applicable Fund Series thereof) and shall not be binding upon any Trusteetrustee, officer, employee, agent or Shareholder shareholder of the Trust. Neither the authorization of any action by the Trustees Trust Board or Shareholders shareholders of Trust the Trust, nor the execution of this Agreement on behalf of Trust the Trust, shall impose any liability upon any Trustee trustee, officer, or any Shareholdershareholder of the Trust.

Appears in 14 contracts

Sources: Participation Agreement (Variable Account a of Keyport Benefit Life Insurance Co), Participation Agreement (Variable Account a/Ma), Participation Agreement (Providian Life & Health Insurance Co Separate Account V)

Non-Liability of Trustees and Shareholders. Any obligation of the Trust hereunder shall be binding only upon the assets of the Trust (or the applicable Fund series thereof) and shall not be binding upon any Trusteetrustee, officer, employee, agent or Shareholder shareholder of the Trust. Neither the authorization of any action by the Trustees trustees or Shareholders shareholders of the Trust nor the execution of this Agreement agreement on behalf of the Trust shall impose any liability upon any Trustee trustee, officer or any Shareholdershareholder of the Trust.

Appears in 6 contracts

Sources: Investment Advisory Agreement (Wanger Advisors Trust), Investment Advisory Agreement (Wanger Advisors Trust), Investment Advisory Agreement (Wanger Advisors Trust)

Non-Liability of Trustees and Shareholders. Any obligation All obligations of the Trust hereunder shall be binding only upon the assets of the Trust (or the applicable Fund thereofappropriate Fund) and shall not be binding upon any Trustee, officerOfficer, employee, agent agent, or Shareholder of the Trust. Neither the authorization of any action by the Trustees or Shareholders of the Trust nor the execution of this Agreement agreement on behalf of the Trust shall impose any liability upon any Trustee Trustee, Officer, or any ShareholderShareholder of the Trust.

Appears in 5 contracts

Sources: Administrative Services Agreement (Pearl Mutual Funds), Investment Management Agreement (Pearl Mutual Funds), Investment Management Agreement (Pearl Mutual Funds)

Non-Liability of Trustees and Shareholders. Any obligation of the Trust hereunder shall be binding only upon the assets of the Trust (or the applicable Fund series thereof) , and shall not be binding upon any Trustee, officer, employee, agent agent, or Shareholder shareholder of the Trust. Neither the authorization of any action by the Trustees or Shareholders the shareholders of the Trust nor the execution of this Agreement on behalf of the Trust shall impose any liability upon any Trustee or any Shareholdershareholder.

Appears in 3 contracts

Sources: Investment Advisory Agreement (Scudder Rreef Securities Trust), Investment Advisory Agreement (Rreef Securities Trust), Investment Advisory Agreement (Scudder Rreef Securities Trust)

Non-Liability of Trustees and Shareholders. Any obligation of the Trust hereunder shall be binding only upon the assets of the Trust (or the applicable Fund thereof) and shall not be binding upon any Trustee, officer, employee, agent or Shareholder shareholder of the Trust. Neither the authorization of any action by the Trustees or Shareholders shareholders of the Trust nor the execution of this Agreement on behalf of the Trust shall impose any liability upon any Trustee or any Shareholdershareholder.

Appears in 2 contracts

Sources: Management Agreement (Islamia Group of Funds), Management Agreement (Islamia Group of Funds)

Non-Liability of Trustees and Shareholders. Any obligation of the Trust hereunder shall be binding only upon the assets of the Trust (or the applicable Fund series thereof) and shall not be binding upon any Trusteetrustee, officer, employee, agent agent, or Shareholder shareholder of the Trust. Neither the authorization of any action by the Trustees trustees or Shareholders shareholders of the Trust nor the execution of this Agreement agreement on behalf of the Trust shall impose any liability upon any Trustee trustee, officer, or any Shareholdershareholder of the Trust.

Appears in 2 contracts

Sources: Fund Administration Servicing Agreement (Burridge Funds), Fund Administration Servicing Agreement (Burridge Funds)

Non-Liability of Trustees and Shareholders. Any obligation of Trust hereunder shall be binding only upon the assets of Trust (or the applicable Fund thereof) and shall not be binding upon any Trustee, officer, employee, agent or Shareholder of Trust. Neither the authorization of any action by the Trustees Trustee or Shareholders of Trust nor the execution of this Agreement on behalf of Trust shall impose any liability upon any Trustee or any Shareholder.

Appears in 1 contract

Sources: Management Agreement (Nuveen John Company)

Non-Liability of Trustees and Shareholders. Any obligation of the Trust hereunder shall be binding only upon the assets of the Trust (or the applicable Fund Series thereof) and shall not be binding upon any Trusteetrustee, officer, employee, agent or Shareholder shareholder of the Trust. Neither the authorization of any action by the Trustees Trust Board or Shareholders shareholders of the Trust nor the execution of this Agreement on behalf of Trust the Trust, shall impose any liability upon any Trustee trustee, officer, or any Shareholdershareholder of the Trust.

Appears in 1 contract

Sources: Administration Services Agreement (Safeco Separate Account Sl)

Non-Liability of Trustees and Shareholders. Any obligation of the Trust hereunder shall be binding only upon the assets of the Trust (or the applicable Fund Series thereof) and shall not be binding upon any Trusteetrustee, officer, employee, agent or Shareholder shareholder of the Trust. Neither the authorization of any action by the Trustees Trust Board or Shareholders shareholders of Trust nor the execution of this Agreement on behalf of Trust Trust, shall impose any liability upon any Trustee trustee, officer, or any Shareholdershareholder of the Trust.

Appears in 1 contract

Sources: Participation Agreement (Phoenix Home Life Variable Universal Life Account /Ct/)

Non-Liability of Trustees and Shareholders. Any obligation of the Trust hereunder shall be binding only upon the assets of that Trust (or the applicable Fund Series thereof) ), as provided in the Agreement and Declaration of Trust of that Trust, and shall not be binding upon any Trustee, officer, employee, agent or Shareholder shareholder of the Trust or upon any other Trust. Neither the authorization of any action by the Trustees or Shareholders the shareholders of Trust the Trust, nor the execution of this Agreement on behalf of the Trust shall impose any liability upon any Trustee or any Shareholder.shareholder. Nothing in this

Appears in 1 contract

Sources: Accounting and Bookkeeping Agreement (Stein Roe Investment Trust)

Non-Liability of Trustees and Shareholders. Any obligation of Trust hereunder shall be binding only upon the assets of Trust (or the applicable Fund thereof) and shall not be binding upon any Trustee, officer, employee, agent or Shareholder of Trust. Neither the authorization of any action by the Trustees or Shareholders of Trust nor the execution of this Agreement on behalf of Trust shall impose any liability upon any Trustee or any Shareholder. 16.

Appears in 1 contract

Sources: Investment Management Agreement (Nuveen Investment Trust V)

Non-Liability of Trustees and Shareholders. Any obligation of Trust hereunder shall be binding only upon the assets of Trust (or the applicable Fund thereof) and shall not be binding upon any Trustee, officer, employee, agent or Shareholder shareholder of Trust. Neither the authorization of any action by the Trustees or Shareholders shareholders of Trust nor the execution of this Agreement on behalf of Trust shall impose any liability upon any Trustee or any Shareholdershareholder.

Appears in 1 contract

Sources: Investment Advisory Agreement (Garzarelli Funds)

Non-Liability of Trustees and Shareholders. Any obligation of Trust hereunder shall be binding only upon the assets of Trust (or the applicable Fund thereof) and shall not be binding upon any Trustee, officer, employee, employee or agent of Trust or Shareholder any shareholder of Trusta Fund. Neither the authorization of any action by the Trustees or Shareholders of Trust or shareholder of a Fund nor the execution of this Agreement on behalf of Trust shall impose any liability upon any Trustee or any Shareholdershareholder.

Appears in 1 contract

Sources: Management Agreement (NuShares ETF Trust)

Non-Liability of Trustees and Shareholders. Any obligation of the Trust hereunder shall be binding only upon the assets of the Trust (or the applicable Fund thereof) and shall not be binding upon any Trustee, officer, employee, agent or Shareholder shareholder of the Trust. Neither the authorization of any action by the Trustees or Shareholders shareholders of the Trust nor the execution of this Agreement on behalf of the Trust shall impose any liability upon any Trustee or any Shareholdershareholder. The Trust's Declaration of Trust is on file with the State of Masachusetts.

Appears in 1 contract

Sources: Management Agreement (Islamia Group of Funds)

Non-Liability of Trustees and Shareholders. Any obligation of the ------------------------------------------ Trust hereunder shall be binding only upon the assets of the Trust (or the applicable Fund series thereof) , and shall not be binding upon any Trustee, officer, employee, agent agent, or Shareholder shareholders of the Trust. Neither the authorization of any action by the Trustees or Shareholders the shareholders of the Trust nor the execution of this Agreement on behalf of the Trust shall impose any liability upon any Trustee or any Shareholdershareholder.

Appears in 1 contract

Sources: Investment Management Agreement (Rreef Securities Trust)