Common use of Additional Limitations and Exclusions Clause in Contracts

Additional Limitations and Exclusions. Notwithstanding any other ----------------------------------------- provision of this Agreement, Sunstone shall have no duty or obligation under this Agreement to inquire into, and shall not be liable for: (a) The legality of the issue or sale of any Shares, the sufficiency of the amount to be received therefor, or the authority of a Fund or the Company, as the case may be, to request such sale or issuance; (b) The legality of a transfer of Shares or of a purchase or redemption of any Shares, the propriety of the amount to be paid therefor, or the authority of a Fund or the Company, as the case may be, to request such transfer or redemption; (c) The legality of the declaration of any dividend by a Fund, or the legality of the issue of any Shares in payment of any stock dividend; or (d) The legality of any recapitalization or readjustment of Shares.

Additional Limitations and Exclusions. Notwithstanding any other ----------------------------------------- provision of this Agreement, Sunstone shall have no duty or obligation under this Agreement to inquire into, and shall not be liable for: (a) The legality of the issue or sale of any Shares, the sufficiency of the amount to be received therefor, or the authority of a Fund or the Company, as the case may be, to request such sale or issuance; (b) The legality of a transfer of Shares or of a purchase or redemption of any Shares, the propriety of the amount to be paid therefor, or the authority of a Fund or the Company, as the case may be, to request such transfer or redemption; (c) The legality of the declaration of any dividend by a Fund, or the legality of the issue of any Shares in payment of any stock dividend; or (d) The legality of any recapitalization or readjustment of Shares.