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 the Fund shall not be liable for any obligations of the Trust or of the Fund under this Agreement, and the Adviser 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 Adviser’ rights or claims relate in settlement of such rights or claims, and not to the Trustees of the Trust or the shareholders of the Fund.

LIMITATION OF SHAREHOLDER AND TRUSTEE LIABILITY. The Trustees of the Trust and the shareholders of the each Fund shall not be liable for any obligations of the Trust or of the Fund Funds under this Agreement, and the Adviser agrees agree 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 Fund(s) to which the Adviser’ rights or claims relate in settlement of such rights or claims, and not to the Trustees of the Trust or the shareholders of the FundFunds.

LIMITATION OF SHAREHOLDER AND TRUSTEE LIABILITY. The Trustees of the Trust Fund and the shareholders of the Fund shall not be liable for any obligations of the Trust or of the Fund under this Agreement, and the Adviser Beacon 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 Adviser’ rights or claims relate in settlement of such rights or claims, and not to the Trustees of the Trust or the shareholders of the Fund.

LIMITATION OF SHAREHOLDER AND TRUSTEE LIABILITY. The Trustees of the Trust and the shareholders of the each Fund shall not be liable for any obligations of the Trust or of the Fund Funds under this Agreement, and the Adviser agrees Advisers agree 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 Fund(s) to which the AdviserAdvisers’ rights or claims relate in settlement of such rights or claims, and not to the Trustees of the Trust or the shareholders of the FundFunds.