Rights of Trustees and Shareholders Sample Clauses

Rights of Trustees and Shareholders. Nothing in this Agreement shall impede the Fund's Trustees or shareholders of the shares of the Fund's Portfolios from exercising any of the rights provided to such Trustees or shareholders in the Fund's Declaration of Trust, as amended, a copy of which will be provided to the Company upon request.
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Rights of Trustees and Shareholders. 23 13.3 "Parkstone" Name..................................................................... 23 13.4 Protection of Name................................................................... 23 13.5 Consultation......................................................................... 23 13.6 Captions............................................................................. 23 13.7 Execution in Counterpart............................................................. 23 13.8 Invalidity of a Provision............................................................ 24 13.9 Assignment........................................................................... 24 FUND PARTICIPATION AND VARIABLE CONTRACT MARKETING AGREEMENT THIS AGREEMENT is made as of the 10th day of September, 1993, by and among SECURITY BENEFIT LIFE INSURANCE COMPANY ("Insurer"), a Kansas mutual life insurance corporation, on its behalf and on behalf of The Parkstone Variable Annuity Account (the "Separate Account"), a segregated asset account of the Insurer; the PARKSTONE ADVANTAGE FUND (the "Fund"), a Massachusetts business trust; FIRST OF AMERICA INVESTMENT CORPORATION ("Investment Adviser"), a Michigan corporation; SECURITY MANAGEMENT COMPANY ("Administrator"), a Kansas corporation; SECURITY DISTRIBUTORS, INC. (Distributor"), a Kansas corporation and a subsidiary of Insurer; FIRST OF AMERICA BROKERAGE SERVICE, INC. ("Servicing Agent"), a Michigan corporation and an affiliate of Investment Adviser; and FIRST OF AMERICA BANK CORPORATION ("Holding Company"), a Michigan corporation and the parent of Investment Adviser and Servicing Agent.
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Rights of Trustees and Shareholders. 22 14.3 "Parkstone" Name .......................................... 22 14.4
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Related to Rights of Trustees and Shareholders

  • Liability of Trustees and Shareholders Any obligations of the Fund under this Agreement are not binding upon the Trustees or the Shareholders individually but are binding only upon the assets and property of the Fund.

  • Non-Liability of Trustees and Shareholders Any obligation of Trust hereunder shall be binding only upon the assets of Trust (or the applicable Fund thereof) and shall not be binding upon any Trustee, officer, employee, agent or Shareholder of Trust. Neither the authorization of any action by the Trustees or Shareholders of Trust nor the execution of this Agreement on behalf of Trust shall impose any liability upon any Trustee or any Shareholder.

  • Limitation of Liability of Trustees and Shareholders of the Fund The execution and delivery of this Agreement have been authorized by the Board of the Fund and signed by an authorized officer of such Fund, acting as such, and neither such authorization by the Board nor the 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, and the obligations of this Agreement are not binding upon any of the members of the Board of the Fund, but bind only the property of the Fund as provided in, as applicable, the Fund’s articles of incorporation or declaration of trust.

  • Limitation of Liability of Trustees and Shareholders The Adviser acknowledges the following limitation of liability:

  • Certain Rights of Trustee Subject to the provisions of Section 601:

  • Rights of Trustee (a) The Trustee may conclusively rely upon any document believed by it to be genuine and to have been signed or presented by the proper Person. The Trustee need not investigate any fact or matter stated in the document.

  • LIMITATION OF LIABILITY OF THE TRUSTEES AND SHAREHOLDERS A copy of the Agreement and Declaration of Trust of the Trust is on file with the Secretary of The Commonwealth of Massachusetts, and notice is hereby given that this instrument is executed on behalf of the Trustees of the Trust as Trustees and not individually and that the obligations of this instrument are not binding upon any of the Trustees or shareholders individually but are binding only upon the assets and property of the Fund.

  • Limitations of Liability of Trustees and Shareholders of the Company The execution and delivery of this Agreement have been authorized by the Trustees of FAS and signed by an authorized officer of FAS, 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, and the obligations of this Agreement are not binding upon any of the Trustees or Shareholders of FAS, but bind only the property of FAS, as provided in FAS’s Declaration of Trust.

  • Individual Rights of Trustee The Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Company or any Affiliate of the Company with the same rights it would have if it were not Trustee. However, in the event that the Trustee acquires any conflicting interest it must eliminate such conflict within 90 days, apply to the SEC for permission to continue as trustee or resign. Any Agent may do the same with like rights and duties. The Trustee is also subject to Sections 7.10 and 7.11 hereof.

  • Limitation of Liability of the Trustees and Shareholders of the Fund The trustees of the Fund and the shareholders of any Series shall not be liable for any obligations of the Fund or any Series under this Contract, and Xxxxxxxx Xxxxxxxx agrees that, in asserting any rights or claims under this Contract, it shall look only to the assets and property of the Fund or the particular Series in settlement of such right or claims, and not to such trustees or shareholders.

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