Common use of Limited Recourse Clause in Contracts

Limited Recourse. The Distributor hereby acknowledges that the Trust's obligations hereunder with respect to the shares of the Series are binding only on the assets and property belonging to the Series.

Appears in 95 contracts

Sources: Distribution Agreement (Investment Managers Series Trust), Distribution Agreement (New England Funds Trust I), Distribution Agreement (Loomis Sayles Funds Ii)

Limited Recourse. The Distributor hereby acknowledges that the Trust's ’s obligations hereunder with respect to the shares of the Series are binding only on the assets and property belonging to the Series.

Appears in 43 contracts

Sources: Distribution Agreement (Investment Managers Series Trust), Distribution Agreement (Investment Managers Series Trust), Distribution Agreement (Investment Managers Series Trust)

Limited Recourse. The Distributor hereby acknowledges that the Trust's ---------------- obligations hereunder with respect to the shares of the Series are binding only on the assets and property belonging to the Series.

Appears in 26 contracts

Sources: Distribution Agreement (Nvest Funds Trust Ii), Distribution Agreement (Nvest Funds Trust I), Distribution Agreement (Nvest Funds Trust I)

Limited Recourse. The Distributor hereby acknowledges that the Trust's ---------------- obligations hereunder with respect to the shares of the Series are binding only on the assets and property belonging to the SeriesTrust.

Appears in 1 contract

Sources: Distribution Agreement (E Navigator Fund)

Limited Recourse. The Distributor hereby acknowledges that the Trust's obligations hereunder with respect to the shares of the any Series are binding only on the assets and property belonging to the of such Series.

Appears in 1 contract

Sources: Distribution Agreement (Nvest Companies Trust I)