Common use of Non-Binding Agreement Clause in Contracts

Non-Binding Agreement. This Agreement is executed by each Trust’s Trustees and/or officers in their capacities as Trustees and/or officers and the obligations of this Agreement are not binding upon any of them or the shareholders individually; rather, they are binding only upon the assets and property of that Trust.

Appears in 15 contracts

Samples: Management Agreement (American Beacon Funds), Management Agreement (American Beacon Select Funds), Beacon Institutional Funds Trust Sub Administrative Services Fee Agreement (American Beacon Select Funds)

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Non-Binding Agreement. This Agreement is executed by each the Trust’s Trustees and/or officers in their capacities as Trustees and/or officers and the obligations of this Agreement are not binding upon any of them or the shareholders individually; rather, they are binding only upon the assets and property of that the Trust.

Appears in 8 contracts

Samples: Interim Management Agreement (American Beacon Funds), Management Agreement (American Beacon Select Funds), Management Agreement (American Beacon Select Funds)

Non-Binding Agreement. This Agreement is executed by each the Trust’s Trustees and/or officers in their capacities as Trustees and/or officers and the obligations of this Agreement are not binding upon any of them or the shareholders individually; rather, they are binding only upon the assets and property of that Trust.

Appears in 5 contracts

Samples: Management Agreement (American Beacon Institutional Funds Trust), Fund Management Agreement (American Beacon Sound Point Enhanced Income Fund), Management Agreement (American Beacon Apollo Total Return Fund)

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Non-Binding Agreement. This Agreement is executed by each Trust’s the Trustees and/or officers of the Trust in their capacities as Trustees and/or officers and the obligations of this Agreement are not binding upon any of them or the shareholders shareholder individually; rather, they are binding only upon on the assets and the property of that the Trust.

Appears in 4 contracts

Samples: Investment Advisory Agreement (Direxion Shares ETF Trust), Investment Advisory Agreement (Direxion Shares ETF Trust), Investment Advisory Agreement (Direxion Shares ETF Trust)

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