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 shall not be liable for any obligations of the Trust or of the Funds under this Agreement, and Atlantic 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 Atlantic's rights or claims relate in settlement of such rights or claims, and not to the trustees of the Trust or the Shareholders.

Appears in 8 contracts

Samples: Services Agreement (Outlook Funds Trust), Forum Funds Services Agreement (Forum Funds), Services Agreement (Cornercap Group of Funds /Va/)

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LIMITATION OF SHAREHOLDER AND TRUSTEE LIABILITY. The trustees of the Trust and the Shareholders shall not be liable for any obligations of the Trust or of the Funds under this Agreement, and Atlantic 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 Atlantic's ’s rights or claims relate in settlement of such rights or claims, and not to the trustees of the Trust or the Shareholders.

Appears in 6 contracts

Samples: Services Agreement (Forum Funds Ii), Services Agreement (Us Global Investors Funds), Services Agreement (Us Global Investors Funds)

LIMITATION OF SHAREHOLDER AND TRUSTEE LIABILITY. The trustees and officers of the Trust Trusts, the officers of the Funds and the Shareholders shall not be liable for any obligations of the Trust Trusts or of the Funds under this Agreement, and Atlantic 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 Atlantic's ’s rights or claims relate in settlement of such rights or claims, and not to the trustees or officers of the Trust Trust, the officers of the Funds or the Shareholders.

Appears in 1 contract

Samples: Services Agreement (Wright Managed Income Trust)

LIMITATION OF SHAREHOLDER AND TRUSTEE LIABILITY. The trustees of the each Trust and the Shareholders shareholders of each Trust shall not be liable for any obligations of the such Trust or of the Funds under this Agreement, and Atlantic 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 Atlantic's rights or claims relate in settlement of such rights or claims, and not to the trustees of the Trust or the Shareholdersrelevant Trust.

Appears in 1 contract

Samples: Compliance Officers and Services Agreement (Wright Managed Equity Trust)

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LIMITATION OF SHAREHOLDER AND TRUSTEE LIABILITY. The trustees of the Trust and the Shareholders shall not be liable for any obligations of the Trust or of the Funds Fund under this Agreement, and Atlantic 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 Atlantic's ’s rights or claims relate in settlement of such rights or claims, and not to the trustees of the Trust or the Shareholders.

Appears in 1 contract

Samples: Transfer Agency Services Agreement (Professionally Managed Portfolios)

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