Common use of Obligations of the Trust Clause in Contracts

Obligations of the Trust. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of the trustees, shareholders, nominees, officers, agents or employees of the Trust, personally, but bind only the trust property of the Trust. The execution and delivery of this Agreement have been authorized by the trustees of the Trust and signed by an officer of the Trust, 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, but shall bind only the trust property of the Trust.

Appears in 20 contracts

Samples: Atalanta Sosnoff Investment Trust, Atalanta Sosnoff Investment Trust, Atalanta Sosnoff Investment Trust

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Obligations of the Trust. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of the trustees, shareholders, nominees, officers, agents or employees of the Trust, personally, but bind only the trust property of the Trust. The execution and delivery of this Agreement have been authorized by the trustees Trustees of the Trust and signed by an officer of the Trust, 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, but shall bind only the trust property of the Trust.

Appears in 11 contracts

Samples: Advisory Agreement (Appleton Funds), Advisory Agreement (Broadway Trust), Advisory Agreement (Uc Investment Trust)

Obligations of the Trust. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of the trusteesTrustees, shareholders, nominees, officers, agents or employees of the Trust, Trust personally, but shall bind only the trust property of the Trust. The execution and delivery of this Agreement have been authorized by the trustees of the Trust Trustees, and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by such trustees the 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, but shall bind only the trust property of the Trust as provided in the Trust’s Agreement and Declaration of Trust.

Appears in 3 contracts

Samples: Fund Services Agreement (Proshares Trust), Fund Services Agreement (Proshares Trust), Fund Service Agreement (NETS Trust)

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Obligations of the Trust. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of the trustees, shareholders, nominees, officers, agents or employees of the Trust, personally, but bind only the trust property of the Trust. The execution and delivery of this Agreement have been authorized by the trustees of the Trust and signed by an officer of the Trust, 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, but shall bind only the trust property of the Trust. 22.

Appears in 1 contract

Samples: Wells Family of Real Estate Funds

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