Common use of LIMITATION OF SHAREHOLDER AND TRUSTEE LIABILITY Clause in Contracts

LIMITATION OF SHAREHOLDER AND TRUSTEE LIABILITY. The trustees of the Trust and the shareholders of each Fund shall not be liable for any obligations of the Trust or of the Funds under this Agreement, and Forum agrees that, in asserting any rights or claims under this Agreement, it shall look only to the assets and property of the Trust or the Fund to which Forum's rights or claims relate in settlement of such rights or claims, and not to the trustees of the Trust or the shareholders of the Funds.

Appears in 44 contracts

Samples: Agreement (Forum Funds), Accounting Agreement (Forum Funds), Forum Funds Fund Accounting Agreement (Forum Funds)

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LIMITATION OF SHAREHOLDER AND TRUSTEE LIABILITY. The trustees Trustees of the Trust and the shareholders of each Fund shall not be liable for any obligations of the Trust or of the Funds under this Agreement, and Forum agrees that, in asserting any rights or claims under this Agreement, it shall look only to the assets and property of the Trust or the Fund to which Forum's rights or claims relate in settlement of such rights or claims, and not to the trustees Trustees of the Trust or the shareholders of the Funds.

Appears in 29 contracts

Samples: Funds Distribution Services Agreement (Norwest Advantage Funds), Advantage Funds Distribution Services Agreement (Norwest Advantage Funds /Me/), Norwest Advantage Funds Distribution Services Agreement (Norwest Advantage Funds /Me/)

LIMITATION OF SHAREHOLDER AND TRUSTEE LIABILITY. The trustees of the Trust and the shareholders of each Fund Portfolio shall not be liable for any obligations of the Trust or of the Funds Portfolios under this Agreement, and Forum agrees that, in asserting any rights or claims under this Agreement, it shall look only to the assets and property of the Trust or the Fund Portfolio to which Forum's rights or claims relate in settlement of such rights or claims, and not to the trustees of the Trust or the shareholders of the FundsPortfolios.

Appears in 4 contracts

Samples: Funds Custodian Agreement (Truecrossing Funds), Accounting Agreement (Core Trust /De), Accounting Agreement (Core Trust /De)

LIMITATION OF SHAREHOLDER AND TRUSTEE LIABILITY. The trustees Trustees of the Trust and the shareholders of each Fund shall not be liable for any obligations of the Trust or of the Funds under this Agreement, and Forum agrees that, in asserting any rights or claims under this Agreement, it shall look only to the assets and property of the Trust or the Fund to which the Forum's rights or claims relate in settlement of such rights or claims, and not to the trustees Trustees of the Trust or the shareholders of the Funds.

Appears in 3 contracts

Samples: Funds Shareholder Service Agreement (Monarch Funds), Service Agreement (Monarch Funds), Service Agreement (Monarch Funds)

LIMITATION OF SHAREHOLDER AND TRUSTEE LIABILITY. The trustees Trustees of the Trust and the shareholders of each Fund shall not be liable for any obligations of the Trust or of the Funds under this Agreementthe Plan, and Forum agrees that, in asserting any rights or claims under this AgreementPlan, it shall look only to the assets and property of the Trust or the Fund to which Forum's rights or claims relate in settlement of such rights or claims, and not to the trustees Trustees of the Trust or the shareholders of the Funds.

Appears in 3 contracts

Samples: Administration Agreement (Forum Funds), Agreement (Forum Funds), Administration Agreement (Forum Funds)

LIMITATION OF SHAREHOLDER AND TRUSTEE LIABILITY. The trustees of the Trust Trustees and the shareholders of each Fund Shareholders shall not be liable for any obligations of the Trust or of the Funds under this Agreement, and Forum agrees that, in asserting any rights or claims under this Agreement, it shall look only to the assets and property of the Trust or the Fund to which Forum's rights or claims relate in settlement of such rights or claims, and not to the trustees of the Trust Trustees or the shareholders of the FundsShareholders.

Appears in 2 contracts

Samples: Agency and Services Agreement (Century Capital Managment Trust), Agency and Services Agreement (Century Capital Managment Trust)

LIMITATION OF SHAREHOLDER AND TRUSTEE LIABILITY. The trustees Trustees of the Trust and the shareholders of each Fund shall not be liable for any obligations of the Trust or of the Funds under this Agreement, and Forum agrees that, in asserting any rights or claims under this Agreement, it shall look only to the assets and property of the Trust or the Fund to which Forum's rights or claims relate in settlement of such rights or claims, and not to the trustees of the Trust or the shareholders of the Funds.

Appears in 1 contract

Samples: Truecrossing Funds Distribution Agreement (Truecrossing Funds)

LIMITATION OF SHAREHOLDER AND TRUSTEE LIABILITY. The trustees trustees, officers, employees and agents of the Trust and the shareholders of each Fund shall not be liable for any obligations of the Trust or of the Funds under this Agreement, and Forum agrees that, in asserting any rights or claims under this Agreement, it shall look only to the assets and property of the Trust or the Fund to which Forum's its rights or claims relate in settlement of such rights or claims, and not to the trustees trustees, officers, employees and agents of the Trust or the shareholders of the Funds.

Appears in 1 contract

Samples: Funds Fund Accounting Agreement (Ark Funds/Ma)

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LIMITATION OF SHAREHOLDER AND TRUSTEE LIABILITY. The trustees trustees, officers, employees and agents of the Trust and the shareholders of each Fund shall not be liable for any obligations of the Trust or of the Funds under this Agreement, and each of Allfirst and Forum agrees that, in asserting any rights or claims under this Agreement, it shall look only to the assets and property of the Trust or the Fund to which Forum's its rights or claims relate in settlement of such rights or claims, and not to the trustees trustees, officers, employees and agents of the Trust or the shareholders of the Funds.

Appears in 1 contract

Samples: Sub Administration Agreement (Ark Funds/Ma)

LIMITATION OF SHAREHOLDER AND TRUSTEE LIABILITY. The trustees Trustees of the Trust and the shareholders of each Fund shall not be liable for any obligations of the Trust or of the Funds under this Agreement, and Forum agrees that, in asserting any rights or claims under this Agreement, it shall look only to the assets and property of the Trust or the Fund to which Forum's rights or claims relate in settlement of such rights or claims, and not to the trustees Trustees of the Trust or the shareholders of the Funds.

Appears in 1 contract

Samples: Accounting Agreement (Norwest Advantage Funds)

LIMITATION OF SHAREHOLDER AND TRUSTEE LIABILITY. The trustees Trustees of the Trust and the shareholders of each Fund shall not be liable for any obligations of the Trust or of the Funds under this Agreement, and Forum Foreside agrees that, in asserting any rights or claims under this Agreement, it shall look only to the assets and property of the Trust or the Fund to which Forum's rights or claims relate in settlement of such rights or claims, and not to the trustees Trustees of the Trust or the shareholders of the Funds.

Appears in 1 contract

Samples: Series Trust Distribution Agreement (Ironwood Series Trust)

LIMITATION OF SHAREHOLDER AND TRUSTEE LIABILITY. The trustees Trustees of the Trust Fund and the shareholders of each Fund shall not be liable for any obligations of the Trust or of the Funds Fund under this Agreement, and Forum agrees that, in asserting any rights or claims under this Agreement, it shall look only to the assets and property of the Trust Fund or the Fund to which Forum's rights or claims relate in settlement of such rights or claims, and not to the trustees Trustees of the Trust Fund or the shareholders of the FundsFund.

Appears in 1 contract

Samples: Agency and Services Agreement (Islamic Global Equity Fund)

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