Common use of Limitation of Trust’s Liability Clause in Contracts

Limitation of Trust’s Liability. MAM acknowledges that it has received notice of and accepts the limitations upon the Trust’s liability set forth in its Declaration of Trust. MAM agrees that the Trust’s obligations hereunder in any case shall be limited to the Trust and to its assets and that MAM shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any trustee, officer, employee or agent of the Trust.

Appears in 14 contracts

Samples: Amended and Restated Services Agreement (Madison Funds), Amended and Restated Services Agreement (Members Mutual Funds), Amended and Restated Services Agreement (Madison Funds)

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Limitation of Trust’s Liability. MAM acknowledges that it has received notice of and accepts the limitations upon the Trust’s liability set forth in its Declaration of Trust. MAM agrees that the Trust’s obligations hereunder in any case shall be limited to the Trust and to its assets and that MAM shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any trusteeTrustee, officer, employee or agent of the Trust.

Appears in 3 contracts

Samples: Amended and Restated Services Agreement (Members Mutual Funds), Amended and Restated Services Agreement (Members Mutual Funds), Services Agreement (Madison Covered Call & Equity Strategy Fund)

Limitation of Trust’s Liability. MAM MAM-LLC acknowledges that it has received notice of and accepts the limitations upon the Trust’s 's liability set forth in its Declaration of Trust. MAM MAM-LLC agrees that the Trust’s 's obligations hereunder in any case shall be limited to the Trust and to its assets and that MAM MAM-LLC shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any trusteeTrustee, officer, employee or agent of the Trust.

Appears in 2 contracts

Samples: Services Agreement (Mosaic Equity Trust), Services Agreement (Mosaic Equity Trust)

Limitation of Trust’s Liability. MAM acknowledges that it has received notice of and accepts the limitations upon the Trust’s 's liability set forth in its Declaration of Trust. MAM agrees that the Trust’s 's obligations hereunder in any case shall be limited to the Trust and to its assets and that MAM shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any trusteeTrustee, officer, employee or agent of the Trust.

Appears in 2 contracts

Samples: Services Agreement (Members Mutual Funds), Limited Services Agreement (Ultra Series Fund)

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Limitation of Trust’s Liability. MAM acknowledges that it has received notice of and accepts the limitations upon the Trust’s 's liability set forth in its Declaration of Trust. MAM agrees that the Trust’s 's obligations hereunder in any case shall be limited to the Trust and to its assets and that MAM shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any trusteeTrustee, officer, employee or agent of the Trust. 9.

Appears in 1 contract

Samples: Services Agreement (Members Mutual Funds)

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