Common use of LIMITATIONS OF LIABILITY OF TRUSTEES AND SHAREHOLDERS OF THE INVESTMENT COMPANY Clause in Contracts

LIMITATIONS OF LIABILITY OF TRUSTEES AND SHAREHOLDERS OF THE INVESTMENT COMPANY. The execution and delivery of this Agreement have been authorized by the Trustees of the Investment Company and signed by an authorized officer of the Investment Company, acting as such, and neither such authorization by such Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, and the obligations of this Agreement are not binding upon any of the Trustees or Shareholders of the Investment Company, but bind only the property of the Fund, or Class, as provided in the Declaration of Trust.

Appears in 88 contracts

Samples: Agreement (Wesmark Funds), Agreement (Federated Equity Funds), Transfer Agency Services (Hibernia Funds)

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LIMITATIONS OF LIABILITY OF TRUSTEES AND SHAREHOLDERS OF THE INVESTMENT COMPANY. The execution and delivery of this Agreement have been authorized by the Trustees trustees of the Investment Company and signed by an authorized officer of the Investment Company, acting as such, and neither such authorization by such Trustees trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, and the obligations of this Agreement are not binding upon any of the Trustees trustees or Shareholders shareholders of the Investment Company, but bind only the property of the Fund, or Class, as provided in the Declaration declaration of Trusttrust of the Investment Company.

Appears in 6 contracts

Samples: Agency Services (Wachovia Municipal Funds), Shareholder Services Agreement (Wachovia Municipal Funds), Transfer Agency Services (Wachovia Variable Insurance Funds)

LIMITATIONS OF LIABILITY OF TRUSTEES AND SHAREHOLDERS OF THE INVESTMENT COMPANY. The execution and delivery of this Agreement have been authorized by the Trustees trustees of the Investment Company and signed by an authorized officer of the Investment Company, acting as such, and neither such authorization by such Trustees trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, and the obligations of this Agreement are not binding upon any of the Trustees trustees or Shareholders of the Investment Company, but bind only the property of the Fund, or Class, as provided in the Declaration of TrustInvestment Company's trust instrument.

Appears in 2 contracts

Samples: Optimum Fund Trust (Optimum Fund Trust), Mutual Fund Services Agreement (Optimum Fund Trust)

LIMITATIONS OF LIABILITY OF TRUSTEES AND SHAREHOLDERS OF THE INVESTMENT COMPANY. The execution and delivery of this Agreement have been authorized by the Trustees of the Investment Company and signed by an authorized officer of the Investment Company, acting as such, and neither such authorization by such Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, and the obligations of this Agreement are not binding upon any of the Trustees or Shareholders of the Investment Company, but bind only the appropriate property of the Fund, or Class, as provided in the Declaration of Trust.

Appears in 1 contract

Samples: Federated Investment Trust

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LIMITATIONS OF LIABILITY OF TRUSTEES AND SHAREHOLDERS OF THE INVESTMENT COMPANY. The execution and delivery of this Agreement have been authorized by the Trustees of the Investment Company Board and signed by an authorized officer of the Investment Company, acting as such, and neither such authorization by such Trustees the Board nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, and the obligations of this Agreement are not binding upon any of the Trustees or Shareholders of the Investment Company, but bind only the property of the Fund, or Class, as provided in the Declaration of Trust.

Appears in 1 contract

Samples: Transfer Agency Services (Stratevest Funds)

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