Common use of Personal Liability Clause in Contracts

Personal Liability. The Declaration of the Trust establishing the Trust (the "Declaration"), is on file in the office of the Secretary of the Commonwealth of Massachusetts, and, in accordance with that Declaration, no Trustee, shareholder, officer, employee or agent of the Trust shall be held to any personal liability, nor shall resort be had to their private property for satisfaction of any obligation or claim or otherwise in connection with the affairs of the Trust, but the "Trust Property," as defined in the Declaration, only shall be liable.

Appears in 48 contracts

Samples: Subadvisory Agreement (Sunamerica Series Trust), Subadvisory Agreement (Seasons Series Trust), Subadvisory Agreement (Sunamerica Series Trust)

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Personal Liability. The Declaration of the Trust establishing the Trust (the "Declaration"), is on file in the office of the Secretary of the Commonwealth of Massachusetts, and, in accordance with that Declaration, no Trustee, shareholder, officer, employee or agent of the Trust shall be held to any personal liability, nor shall resort be had to their private property for satisfaction of any obligation or claim or otherwise in connection with the affairs of the Trust, but the "Trust Property," as defined in the Declaration, only shall be liable.

Appears in 46 contracts

Samples: Subadvisory Agreement (Sunamerica Series Trust), Subadvisory Agreement (Seasons Series Trust), Agreement (Seasons Series Trust)

Personal Liability. The Declaration of the Trust establishing the Trust (the "Declaration"), is on file in the office of the Secretary of the Commonwealth of Massachusetts, and, in accordance with that Declaration, no Trustee, shareholder, officer, employee or agent of the Trust shall be held to any personal liability, nor shall resort be had to their private property for satisfaction of any obligation or claim or otherwise in connection with the affairs of the Trust, but the "Trust Property," as defined in the Declaration, only shall be liable.

Appears in 38 contracts

Samples: Subadvisory Agreement (Sunamerica Series Trust), Subadvisory Agreement (Sunamerica Series Trust), Form of Subadvisory Agreement (Sunamerica Series Trust)

Personal Liability. The Declaration of the Trust establishing the Trust (the "Declaration"), is on file in the office of the Secretary of the Commonwealth of Massachusetts, and, in accordance with that Declaration, no Trustee, shareholder, officer, employee or agent of the Trust shall be held to any personal liability, nor shall resort be had to their private property for satisfaction of any obligation or claim or otherwise in connection with the affairs of the Trust, but the "Trust Property," as defined in the Declaration, only shall be liable.

Appears in 9 contracts

Samples: Subadvisory Agreement (Seasons Series Trust), Subadvisory Agreement (Seasons Series Trust), Subadvisory Agreement (Sunamerica Series Trust)

Personal Liability. The Declaration of the Trust establishing the Trust (the "Declaration"), is on file in the office of the Secretary of the Commonwealth of Massachusetts, and, in accordance with that Declaration, no Trustee, shareholder, officer, employee or agent of the Trust shall be held to any personal liability, nor shall resort be had to their private property for satisfaction of any obligation or claim or otherwise in connection with the affairs of the Trust, but the "Trust Property," , as defined in the Declaration, only shall be liable.

Appears in 2 contracts

Samples: Subadvisory Agreement (Sunamerica Series Trust), Subadvisory Agreement (Seasons Series Trust)

Personal Liability. The Declaration of the Trust establishing the Trust (the "Declaration"), is on file in the office of the Secretary of the The Commonwealth of Massachusetts, and, in accordance with that Declaration, no Trustee, shareholder, officer, employee or agent of the Trust shall be held to any personal liability, nor shall resort be had to their private property for satisfaction of any obligation or claim or otherwise in connection with the affairs of the Trust, but the "Trust Property," as defined in the Declaration, only shall be liable.

Appears in 2 contracts

Samples: Subadvisory Agreement (Sunamerica Series Trust), Subadvisory Agreement (Sunamerica Series Trust)

Personal Liability. The Declaration of the Trust establishing the Trust (the "Declaration"), is on file in the office of the Secretary of the Commonwealth of Massachusetts, and, in accordance with that Declaration, no Trustee, shareholder, officer, employee or agent of the Trust shall be held to any personal liability, nor shall resort be had to their private property for satisfaction of any obligation or claim or otherwise in connection with the affairs of the Trust, but the "Trust Property," as defined in the Declaration, Property only shall be liable.

Appears in 2 contracts

Samples: Subadvisory Agreement (Sunamerica Series Trust), Subadvisory Agreement (Seasons Series Trust)

Personal Liability. The Declaration Declarations of the Trust establishing the each Trust (each, a “Declaration” and collectively, the "Declaration"“Declarations”), is are on file in the office of the Secretary of the Commonwealth of Massachusetts, and, in accordance with that each Declaration, no Trustee, shareholder, officer, employee or agent of the respective Trust shall be held to any personal liability, nor shall resort be had to their private property for satisfaction of any obligation or claim or otherwise in connection with the affairs of the respective Trust, but the "respective “Trust Property," as defined in the Declaration, only shall be liable.

Appears in 2 contracts

Samples: Subadvisory Agreement (Seasons Series Trust), Subadvisory Agreement (Sunamerica Series Trust)

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Personal Liability. The Declaration of the Trust establishing the Trust (the "Declaration"), is on file in the office of the Secretary of the Commonwealth of Massachusetts, and, in accordance with that Declaration, no Trustee, shareholder, officer, employee or agent of the Trust shall be held to any personal liability, nor shall resort be had to their private property for satisfaction of any obligation or claim or otherwise in connection with the affairs of the Trust, but the "Trust Property," as defined in the Declaration, only shall be liable.of

Appears in 1 contract

Samples: Subadvisory Agreement (Sunamerica Series Trust)

Personal Liability. The Declaration Declarations of the Trust establishing the each Trust (each, a Declaration and collectively, the "Declaration"Declarations), is are on file in the office of the Secretary of the Commonwealth of Massachusetts, and, in accordance with that each Declaration, no Trustee, shareholder, officer, employee or agent of the respective Trust shall be held to any personal liability, nor shall resort be had to their private property for satisfaction of any obligation or claim or otherwise in connection with the affairs of the respective Trust, but the "respective Trust Property," as defined in the Declaration, Property only shall be liable. 16.

Appears in 1 contract

Samples: Subadvisory Agreement (Seasons Series Trust)

Personal Liability. The Declaration of the Trust establishing the Trust (the "Declaration"), is on file in the office of the Secretary of the Commonwealth of Massachusetts, and, in accordance with that Declaration, no Trustee, shareholder, officer, employee or agent of the Trust shall be held to any personal liability, nor shall resort be had to their private property for satisfaction of any obligation or claim or otherwise in connection with the affairs of the Trust, but the "Trust Property," as defined in the Declaration, only shall be liable. 15.

Appears in 1 contract

Samples: Subadvisory Agreement (Sunamerica Series Trust)

Personal Liability. The Declaration of 16. the Trust establishing the Trust (the "Declaration"), is on file in the office of the Secretary of the Commonwealth of Massachusetts, and, in accordance with that Declaration, no Trustee, shareholder, officer, employee or agent of the Trust shall be held to any personal liability, nor shall resort be had to their private property for satisfaction of any obligation or claim or otherwise in connection with the affairs of the Trust, but the "Trust Property," as defined in the Declaration, only shall be liable.

Appears in 1 contract

Samples: Subadvisory Agreement (Sunamerica Series Trust)

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