Separate Liability. Each Fund that is a party to this Agreement, as set forth above, shall be regarded for all purposes as a separate party apart from any other Fund which is a party. Each Fund shall be responsible for only its own transactions and no property of a Fund shall be commingled with the property of any other Fund. The use of this single document to memorialize the separate agreement of each Fund is understood to be for clerical convenience only and shall not constitute any basis for joining the Funds for any respect.
Appears in 3 contracts
Sources: Global Custodial Services Agreement (Janus Investment Fund), Custodian Agreement (Janus Adviser Series), Global Custodial Services Agreement (Janus Aspen Series)