Common use of Limitation of Liability for Claims Clause in Contracts

Limitation of Liability for Claims. The Manager is hereby expressly put on notice of the limitation of liability as set forth in the [Fund/Trust]’s Declaration of Trust (the “Declaration”) and agrees that the obligations assumed by the [Fund/Trust] pursuant to this Agreement shall be limited in all cases to the [Fund/Trust] and its assets, and the Manager shall not seek satisfaction of any such obligation from the shareholders of the Trust or from any trustee, officer, employee or agent of the [Fund/Trust].

Appears in 8 contracts

Samples: Management Agreement (Voya Infrastructure, Industrials & Materials Fund), Management Agreement (Voya Emerging Markets High Dividend Equity Fund), Management Agreement (Voya Asia Pacific High Dividend Equity Income Fund)

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Limitation of Liability for Claims. The Manager is hereby expressly put on notice of the limitation of liability as set forth in the [Fund/Trust]’s Declaration of Trust (the “Declaration”) and agrees that the obligations assumed by the [Fund/Trust] Trust pursuant to this Agreement shall be limited in all cases to the [Fund/Trust] Trust and its assets, and the Manager shall not seek satisfaction of any such obligation from the shareholders of the Trust or from any trustee, officer, employee or agent of the [Fund/Trust].

Appears in 1 contract

Samples: Investment Management Agreement (Saba Capital Income & Opportunities Fund)

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Limitation of Liability for Claims. The Manager is hereby expressly put on notice of the limitation of liability as set forth in the [Fund/Trust]’s Declaration of Trust (the “Declaration”) and agrees that the obligations assumed by the [Fund/Trust] Fund pursuant to this Agreement shall be limited in all cases to the [Fund/Trust] Fund and its assets, and the Manager shall not seek satisfaction of any such obligation from the shareholders of the Trust or from any trustee, officer, employee or agent of the [Fund/Trust].

Appears in 1 contract

Samples: Investment Management Agreement (Voya PRIME RATE TRUST)

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