LIMITED LIABILITY OF EACH. FUND BNY acknowledges that is has received notice of and accepts the limitations of liability as set forth in each Fund's Agreement and Declaration of Trust, Articles of Incorporation, or Agreement of Limited Partnership. BNY agrees that each Fund's obligation hereunder shall be limited to the assets of the Fund, and that BNY shall not seek satisfaction of any such obligation from the shareholders of the Fund nor from any Board Member, officer, employee, or agent of the Fund.
Appears in 8 contracts
Samples: Foreign Custody Manager Agreement (Franklin Growth & Income Fund), Foreign Custody Manager Agreement (Franklin Mutual Series Fund Inc), Foreign Custody Manager Agreement (Templeton Global Investment Trust)
