Common use of Limits of Liability Clause in Contracts

Limits of Liability. The limit of the Policy insurer’s (the “Insurer”) liability under the Policy shall not be less than an amount approved by each Fund’s Board.

Appears in 52 contracts

Samples: Joint Liability Insurance Agreement (Pender Real Estate Credit Fund), Joint Liability Insurance Agreement (Relative Value Fund), Joint Liability Insurance Agreement (Vivaldi Opportunities Fund)

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Limits of Liability. The limit of the Policy insurerInsurer’s (the “Insurer”) liability under the Policy shall not be less than an amount approved by each Fund’s BoardBoard of Directors.

Appears in 8 contracts

Samples: Joint Liability Insurance Agreement (Stratton Funds, Inc.), Joint Liability Insurance Agreement (Stratton Real Estate Fund, Inc.), Joint Liability Insurance Agreement (Stratton Funds, Inc.)

Limits of Liability. The limit of the Policy insurer’s (the “Insurer”) liability under the Policy shall not be less than an amount approved by each Fund’s BoardBoard of Trustees.

Appears in 7 contracts

Samples: Joint Liability Insurance Agreement (Relative Value Fund), Joint Liability Insurance Agreement (Infinity Long/Short Equity Fund, LLC), Joint Liability Insurance Agreement (Relative Value Fund)

Limits of Liability. The limit of the Policy insurer’s (the “Insurer”) Insurers’ liability under the Policy shall not be less than an amount approved by each Registered Fund’s BoardBoard of Directors/ Trustees/ Managers.

Appears in 7 contracts

Samples: Joint Liability Insurance Agreement (Hatteras Core Alternatives TEI Institutional Fund, L.P.), Joint Liability Insurance Agreement (Hatteras Core Alternatives TEI Fund, L.P.), Joint Liability Insurance Agreement (Hatteras Core Alternatives TEI Institutional Fund, L.P.)

Limits of Liability. The limit of the Policy insurerInsurer’s (the “Insurer”) liability under the Policy shall not be less than an amount approved by each Registered Fund’s BoardBoard of Directors/ Trustees/ Managers.

Appears in 4 contracts

Samples: Joint Liability Insurance Agreement (Hatteras Multi-Strategy Institutional Fund, L.P.), Joint Liability Insurance Agreement (Hatteras Multi-Strategy TEI Fund, L.P.), Joint Liability Insurance Agreement (Hatteras Multi-Strategy TEI Institutional Fund, L.P.)

Limits of Liability. The limit of the Policy insurer’s 's (the "Insurer") liability under the Policy shall not be less than an amount approved by each Fund’s 's Board.

Appears in 2 contracts

Samples: Joint Liability Insurance Agreement (Variant Alternative Income Fund), Joint Liability Insurance Agreement (First Trust Hedged Strategies Fund)

Limits of Liability. The limit of the Policy insurerInsurer’s (the “Insurer”) liability under the Policy shall not be less than an amount approved by each Fund’s BoardBoard of Trustees.

Appears in 2 contracts

Samples: Joint Liability Insurance Agreement (Infinity Core Alternative Fund), Joint Liability Insurance Agreement (Aetna Multi-Strategy 1099 Fund)

Limits of Liability. The limit of the Policy insurer’s (the “Insurer”) Insurers’ liability under the Policy shall not be less than an amount approved by each the Fund’s BoardBoard of Trustees.

Appears in 1 contract

Samples: Joint Liability Insurance Agreement (Hamilton Lane Private Assets Fund)

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Limits of Liability. The limit of the Policy insurerInsurer’s (the “Insurer”) liability under the Policy shall not be less than an amount approved by each Fund’s BoardBoard of Managers.

Appears in 1 contract

Samples: Joint Liability Insurance Agreement (Aetna Multi-Strategy 1099 Fund)

Limits of Liability. The limit of the Policy insurer’s (the “Insurer”) Insurers’ liability under the Policy shall not be less than an amount approved by each Registered Fund’s BoardBoard of Directors or Managers.

Appears in 1 contract

Samples: Joint Liability Insurance Agreement (Hatteras Core Alternatives TEI Institutional Fund, L.P.)

Limits of Liability. The limit of the Policy insurerInsurer’s (the “Insurer”) liability under the Policy shall not be less than an amount approved by each Fund’s Board.

Appears in 1 contract

Samples: Joint Liability Insurance Agreement (Infinity Core Alternative Fund)

Limits of Liability. The limit of the Policy insurerInsurer’s (the “Insurer”) liability under the Policy shall not be less than an amount approved by each the Fund’s BoardBoard of Trustees.

Appears in 1 contract

Samples: Joint Liability Insurance Agreement (Cresset Private Markets Opportunity Fund)

Limits of Liability. The limit of the Policy insurerinsure’s (the “Insurer”) liability under the Policy shall not be less than an amount approved by each Fund’s BoardBoard of Trustees.

Appears in 1 contract

Samples: Joint Liability Insurance Agreement (Vivaldi Opportunities Fund)

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