Common use of Status of Shares and Limitation of Personal Liability Clause in Contracts

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party hereto. The death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 6 contracts

Samples: Agreement and Declaration of Trust (Persimmon Growth Partners Investor Fund), PARADIGM Funds Trust, Agreement and Declaration (Westlakes Institutional Portfolios)

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Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party hereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such said deceased Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or of division of the same Trust property or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any ShareholderShareholders, nor, nor except as specifically provided herein, herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 5 contracts

Samples: Agreement and Declaration of Trust (Baillie Gifford Funds), Agreement and Declaration of Trust (Baillie Gifford Funds), Agreement and Declaration of Trust (Baillie Gifford Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided hereinherein including Section 4.5 hereof, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 5 contracts

Samples: Agreement and Declaration of Trust (Harvest Volatility Edge Trust), Agreement and Declaration of Trust (North Square Investments Trust), Agreement and Declaration (HSBC Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder Shareholder, by virtue of having become a Shareholder Shareholder, shall be held to have expressly assented and agreed to the terms hereof and to have become a party hereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust or any Sub-Trust thereof nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 4 contracts

Samples: Master Trust Agreement (Amerisen Funds), Senior Funds Master Trust Agreement (Senior Funds), Master Trust Agreement (Pauze Swanson United Services Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination termination, or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition participation or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. No Shareholder shall be personally liable for the debts, liabilities, obligations and expenses incurred by, contracted for, or otherwise existing with respect to, the Trust or any Series. Neither the Trust nor the Trustees, nor any officer, employee employee, or agent of the Trust shall have any power to bind personally any ShareholderShareholders, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 4 contracts

Samples: Agreement and Declaration (787 Trust), Amended And (Eq Advisors Trust), Agreement and Declaration (Portland Mutual Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder Shareholder, by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party hereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such said deceased Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (RS Variable Products Trust), Agreement and Declaration (Robertson Stephens Investment Trust), Agreement and Declaration (Robertson Stephens Investment Trust)

Status of Shares and Limitation of Personal Liability. Section 5. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust or the Bylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof of this Declaration of Trust and the Bylaws and to have become a party heretohereto and thereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 3 contracts

Samples: Agreement and Declaration of Trust (Putnam Municipal Opportunities Trust), Putnam Municipal Opportunities Trust, Mentor Perpetual Emerging Companies Fund

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust. Every Shareholder by virtue of having become a Shareholder acquiring Shares shall be held to have expressly assented and agreed to the terms hereof and to have become a party hereto. The death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence continuance of the Trust shall not operate to dissolve or terminate the Trust, Trust or any Sub-Trust thereof nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 3 contracts

Samples: Master Trust Agreement (Victory Portfolios Iii), Master Trust Agreement (Usaa Mutual Funds Trust), Master Trust Agreement (Usaa Mutual Funds Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust, the By-Laws of the Trust and the resolutions of the Board of Trustees. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretothereof. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles shall entitle such representative only to the rights of such said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle the a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partnerspartners or joint venturers except as specifically provided for pursuant to Article III herein or by resolution of the Board of Trustees. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 3 contracts

Samples: Agreement and Declaration of Trust (Wt Mutual Fund), Agreement and Declaration (Wt Mutual Fund), Wt Mutual Fund

Status of Shares and Limitation of Personal Liability. Section 6. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust or the Bylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof of this Declaration of Trust and the Bylaws and to have become a party heretoto this Declaration of Trust and the Bylaws. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 3 contracts

Samples: And Restated Agreement and Declaration of Trust (State Street Institutional Investment Trust), Agreement and Declaration of Trust (Westchester Capital Funds), Agreement and Declaration of Trust (DoubleLine Equity Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles shall entitle such representative only to the rights of such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle the a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partnerspartners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, or to call upon any Shareholder for the payment of any sum of money rnoney or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Agreement and Declaration (Vanguard World Fund), Agreement and Declaration (Vanguard World Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving Shareholders only the rights provided in this instrumentDeclaration of Trust. Every Shareholder Shareholder, by virtue of having become acquired a Shareholder Share, shall be held to have expressly assented and agreed to be bound by the terms hereof and to have become a party hereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such said deceased Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property, or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Shareholders shall be entitled to the same limitation of personal liability extended to stockholders of private corporations for profit organized under the General Corporation Law of the State of Delaware. Neither the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any ShareholderShareholders, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Agreement And (Series Portfolios Trust), Series Portfolios Trust (Series Portfolios Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination termination, or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles shall entitle such representative only to the rights of such Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property or any right to call for a partition participation or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. No Shareholder shall be personally liable for the debts, liabilities, obligations and expenses incurred by, contracted for, or otherwise existing with respect to, the Trust or any Series. Neither the Trust nor the Trustees, nor any officer, employee employee, or agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay. Section 6.

Appears in 2 contracts

Samples: Agreement and Declaration (Evergreen Fixed Income Trust /De/), And Restated Agreement and Declaration (Evergreen Money Market Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving to Shareholders only the rights provided in this instrumentDeclaration of Trust and under applicable law. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party hereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence of the Trust shall not operate to terminate dissolve the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay. All Shares when issued on the terms determined by the Board of Trustees shall be fully paid and nonassessable. As provided in the Delaware Act, Shareholders of the Trust shall be entitled to the same limitation of personal liability extended to stockholders of a private corporation organized for profit under the general corporation law of the State of Delaware.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Lind Capital Partners Municipal Credit Income Fund), Agreement and Declaration of Trust (CIM Real Assets & Credit Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument, the By-Laws of the Trust and the resolutions of the Board of Trustees. Every Shareholder Holder by virtue of having become a Shareholder Holder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretothereof. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder Holder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder Holder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles shall entitle such representative only to the rights of such Shareholder said deceased Holder under this Declaration of Trust. Ownership of Shares shall not entitle the Shareholder a Holder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders Holders as partnerspartners or joint venturers except as specifically provided for pursuant to Article III, Section 6 herein or by resolution of the Board of Trustees. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderHolder, nor, except as specifically provided herein, or to call upon any Shareholder Holder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder Holder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Investment Management Agreement (Kiewit Investment Trust), Dfa Investment Trust Co

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to be bound by the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to dissolve or terminate the TrustTrust or any Class thereof, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Campbell Multi-Strategy Trust, Campbell Multi-Strategy Trust

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to be bound by the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to dissolve or terminate the TrustTrust or any Series or Class thereof, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Agreement and Declaration (BlackRock Long-Horizon Equity Fund), Agreement and Declaration (Merrill Lynch Global Equity Opportunities Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party hereto. No assessments shall be made against the interest of any shareholder and no shareholder shall be personally liable for any debts or liabilities incurred by the Trustees or the Trust. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Agreement (Dupree Mutual Funds), Agreement and Declaration (Fairmont Fund Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentAgreement and the Act. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to be bound by the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust Company shall not not, in and of itself, operate to dissolve or terminate the TrustCompany or any Series or Class thereof, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust Company or the TrusteesDirectors, but entitles such representative only to the rights of such Shareholder under this TrustAgreement. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Company Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust Company nor the TrusteesDirectors, nor any officer, employee or agent of the Trust Company shall have any power to bind personally any ShareholderShareholders, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Master Bond LLC), Limited Liability Company Agreement (Master Bond LLC)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination termination, or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles shall entitle such representative only to the rights of such Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property or any right to call for a partition participation or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. No Shareholder shall be personally liable for the debts, liabilities, obligations and expenses incurred by, contracted for, or otherwise existing with respect to, the Trust or any Series. Neither the Trust nor the Trustees, nor any officer, employee employee, or agent of the Trust Trust, shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: An Agreement and Declaration of Trust (Securian Funds Trust), Agreement and Declaration of Trust (Advantus Series Fund Inc)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust. Every Shareholder by virtue of having become a Shareholder acquiring Shares shall be held to have expressly assented and agreed to the terms hereof and to have become a party hereto. The death, incapacity, dissolution, termination termination, or bankruptcy of a Shareholder during the existence continuance of the Trust shall not operate to dissolve or terminate the Trust, Trust or any Sub-Trust thereof nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, Trustees nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Uam Funds Trust), Fund Ii Agreement (Uam Funds Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles shall entitle such representative only to the rights of such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle the a Shareholder to any title in or to the whole or any part of 108648, v0.6 the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partnerspartners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Vanguard Index Funds, Vanguard Index Funds

Status of Shares and Limitation of Personal Liability. Shares ----------------------------------------------------- shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Agreement and Declaration (Managed Account Series), Merrill Lynch Inflation Protected Bond Fund

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust or the Bylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof of this Declaration of Trust and the Bylaws and to have become a party heretothereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such said deceased Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Ashmore Funds), Agreement and Declaration of Trust (Ashmore Funds)

Status of Shares and Limitation of Personal Liability. Section 7. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration or the Bylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof of this Declaration and the Bylaws (including any amendments thereto that may be adopted subsequent to their becoming a shareholder) and to have become a party heretohereto and thereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Baseline CRE Income Fund), Agreement and Declaration of Trust (Baseline CRE Income Fund)

Status of Shares and Limitation of Personal Liability. Section 6. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust or the By-Laws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof of this Declaration of Trust and the By-Laws and to have become a party hereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative shall be entitled only to the rights of such Shareholder said decedent under this Declaration of Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, in this Declaration of Trust to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Managers Trust I), Exhibit 99 (Undiscovered Managers Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party hereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such said deceased Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any ShareholderShareholders, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: CDC Nvest Companies Trust I, Nvest Companies Trust I

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination termination, or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative therepresentative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles shall entitle such representative only to the rights of such Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property or any right to call for a partition participation or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. No Shareholder shall be personally liable for the debts, liabilities, obligations and expenses incurred by, contracted for, or otherwise existing with respect to, the Trust or any Series. Neither the Trust nor the Trustees, nor any officer, employee employee, or agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Evergreen Select Equity Trust), Agreement and Declaration of Trust (Evergreen Select Equity Trust)

Status of Shares and Limitation of Personal Liability. Section 7. Shares shall be deemed to be personal property giving only the --------- rights provided in this instrumentDeclaration of Trust or the By-Laws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof of this Declaration of Trust and the By-Laws and to have become a party heretohereto and thereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Municipal Income Fund (Pimco New York Municipal Income Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentAmended Declaration of Trust. Every Shareholder by virtue of having become a Shareholder acquiring Shares shall be held to have expressly assented and agreed to the terms hereof and to have become a party hereto. The death, incapacity, dissolution, termination termination, or bankruptcy of a Shareholder during the existence continuance of the Trust shall not operate to dissolve or terminate the Trust, Trust or any Sub-Trust thereof nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title tide in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, Trustees nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Funds Amended Agreement (LKCM Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust. Every Shareholder by virtue of having become a Shareholder acquiring Shares shall be held to have expressly assented and agreed to the terms hereof and to have become a party hereto. The death, incapacity, dissolution, termination termination, or bankruptcy of a Shareholder during the existence continuance of the Trust shall not operate to dissolve or terminate the Trust, Trust or any Sub-Trust thereof nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title tide in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, Trustees nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: LKCM Fund Agreement (LKCM Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder Shareholder, by virtue of having become a Shareholder Shareholder, shall be held to have expressly assented and agreed to the terms hereof and to have become a party hereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence of the Trust Fund shall not operate to terminate the TrustTrust Fund, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust Fund, the Board of Trustees or the Trusteesany individual Trustee, but entitles such representative only to the rights of such a deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle the a Shareholder to any title in or to the whole or any part of the Trust Property or any right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust Fund nor the Board of Trustees, nor any individual Trustee, officer, employee or agent of the Trust Fund, shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Sife Trust Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder Shareholder, by virtue of having become a Shareholder Shareholder, shall be held to have expressly assented and agreed to the terms hereof and to have become a party hereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust or any Sub-Trust thereof nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Master Trust Agreement (U S Global Accolade Funds)

Status of Shares and Limitation of Personal Liability. Section 7. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust or the Bylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof of this Declaration of Trust and the Bylaws and to have become a party heretohereto and thereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.. Exclusive Selection of Forum for Certain Shareholder Actions

Appears in 1 contract

Samples: Agreement and Declaration of Trust (JOHCM Funds Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Jennison 20/20 Focus Fund

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust, the By-Laws of the Trust and the resolutions of the Board of Trustees. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretothereof. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles shall entitle such representative only to the rights of such said deceased Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle the a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partnerspartners or joint venturers except as specifically provided [for pursuant to Article III herein or] by resolution of the Board of Trustees. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration (Wt Mutual Fund)

Status of Shares and Limitation of Personal Liability. Section 7. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust or the Bylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof of this Declaration of Trust and the Bylaws (including any amendments thereto that may be adopted subsequent to their becoming a shareholder) and to have become a party heretohereto and thereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.. Exclusive Selection of Forum for Certain Shareholder Actions

Appears in 1 contract

Samples: Agreement and Declaration of Trust (JOHCM Funds Trust)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles shall entitle such representative only to the rights of such Shareholder under this Declaration of Trust. 107933 Ownership of Shares shall not entitle the a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partnerspartners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Equity Index Funds (Vanguard International Equity Index Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination termination, or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles shall entitle such representative only to the rights of such Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder shareholder to any title in or to the whole or any part of the Trust Property or any right to call for a partition participation or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. No Shareholder shall be personally liable for the debts, liabilities, obligations and expenses incurred by, contracted for, or otherwise existing with respect to, the Trust or any Series. Neither the Trust nor the Trustees, nor any officer, employee employee, or agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration (Evergreen International Trust)

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Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to be bound by the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to dissolve or terminate the TrustTrust or any Series or Class thereof, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the [Missing Graphic Reference] ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (BlackRock Long-Horizon Equity Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination terrnination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate terrninate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles shall entitle such representative only to the rights of such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle the a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same sarne or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partnerspartners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration (Vanguard Charlotte Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles shall entitle such representative only to the rights of such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle the a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partnerspartners or joint venturers. Neither the Trust Tmst nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration (Vanguard International Equity Index Funds)

Status of Shares and Limitation of Personal Liability. Section 5. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust or the By-Laws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof of this Declaration of Trust and the By-Laws and to have become a party hereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative shall be entitled only to the rights of such Shareholder said decedent under this Declaration of Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, in this Declaration of Trust to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Managers Amg Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles shall entitle such representative only to the rights of such Shareholder under this Declaration of Trust. 108670, v0.2 8 Ownership of Shares shall not entitle the a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partnerspartners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Vanguard Valley Forge Funds

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (OWLshares Trust)

Status of Shares and Limitation of Personal Liability. Shares --------- ----------------------------------------------------- shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party hereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such said deceased Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partnerspartners of each other. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, nor, nor except as specifically provided herein, herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration (Composite Bond & Stock Fund Inc)

Status of Shares and Limitation of Personal Liability. Shares ---------- ----------------------------------------------------- shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party hereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such said deceased Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any ShareholderShareholders, nor, nor except as specifically provided herein, herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration (E Navigator Fund)

Status of Shares and Limitation of Personal Liability. Section 7. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration or the Bylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof of this Declaration and the Bylaws and to have become a party heretohereto and thereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as Shareholders’ partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Allianz RCM Global EcoTrends Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof of this Declaration of Trust and the By-Laws (each as amended from time to time) and to have become a party heretothereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such said deceased Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, nor, nor except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Gmo Series Trust (GMO Series Trust)

Status of Shares and Limitation of Personal Liability. Section 7. Shares shall be deemed to be personal property giving only the ---------- rights provided in this instrumentDeclaration of Trust or the By-Laws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof of this Declaration of Trust and the By-Laws and to have become a party heretohereto and thereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration (Pimco California Municipal Income Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles shall entitle such representative only to the rights of such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle the a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares 4 constitute the Shareholders as partnerspartners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Instrument (Vanguard CMT Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles shall entitle such representative only to the rights of such Shareholder under this Declaration of Trust. 108668,v0.25 Ownership of Shares shall not entitle the a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partnerspartners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or nor agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, or to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration (Vanguard Specialized Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed deetned to be personal property giving only the rights provided in this instrumentDeclaration of Trust and the By-Laws of the Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles shall entitle such representative only to the rights of such Shareholder under this Declaration of Trust. Ownership of Shares shall not entitle the a Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partnerspartners or joint venturers. Neither the Trust nor the Trustees, nor any officer, employee or ernployee nor agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, or to call upon any Shareholder for the payment of any sum surn of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Vanguard Whitehall (Vanguard Whitehall Funds)

Status of Shares and Limitation of Personal Liability. Section 5. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust or the Bylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof of this Declaration of Trust and the Bylaws and to have become a party heretohereto and thereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, ; employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Putnam Municipal Opportunities Trust

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust or the By-Laws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof of this Declaration of Trust and the By-Laws and to have become a party hereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative shall be entitled only to the rights of such Shareholder said decedent under this Declaration of Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, in this Declaration of Trust to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (PFS Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder Shareholder, by virtue of having become a Shareholder Shareholder, shall be held to have expressly assented and agreed to the terms hereof and to have become a party hereto. The death, incapacity, dissolution, termination termination, or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such said deceased Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Montgomery Funds Iii

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party hereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, Trust or any Series of Shares thereof nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder said decent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, Trustees nor any officer, employee or agent of the Trust shall have any power to neither bind personally any Shareholder, Shareholder nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Clearwater Investment Fund

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party heretohereof. The death, incapacity, dissolution, termination termination, or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole Whole or any part of the Trust Property or right to call for a partition participation or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee employee, or agent of the Trust shall have any power to bind personally any ShareholderShareholders, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration (Jp Morgan Series Trust Ii)

Status of Shares and Limitation of Personal Liability. Section 6. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust or the Bylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof of this Declaration of Trust and the Bylaws and to have become a party heretoto this Declaration of Trust and the Bylaws. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.. Direct Claims

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Westchester Capital Funds)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust. Every Shareholder by virtue of having become a Shareholder acquiring Shares shall be held to have expressly assented and agreed to the terms hereof and to have become a party hereto. The death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence continuance of the Trust shall not operate to dissolve or terminate the Trust, Trust or any Sub-Trust thereof nor entitle the representative of any deceased such Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor 18 except as specifically provided herein, herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Master Trust Agreement (Lend Lease Funds)

Status of Shares and Limitation of Personal Liability. Section 7. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration of Trust or the Bylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof of this Declaration of Trust and the Bylaws (including any amendments thereto that may be adopted subsequent to their becoming a shareholder) and to have become a party heretohereto and thereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (JOHCM Funds Trust)

Status of Shares and Limitation of Personal Liability. SECTION 7. Shares shall be deemed to be personal property giving only the rights provided in this instrumentDeclaration or the Bylaws. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof of this Declaration and the Bylaws and to have become a party heretohereto and thereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence continuance of the Trust shall not operate to terminate the Trust, same nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such Shareholder said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, nor, nor except as specifically provided herein, herein to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Aew Real Estate Income Fund)

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving only the rights provided in this instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party hereto. The death, incapacity, dissolution, termination or bankruptcy of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the TrusteesDirectors, but entitles such representative only to the rights of such Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners. Neither the Trust nor the TrusteesDirectors, nor any officer, employee or agent of the Trust shall have any power to bind personally any ShareholderShareholders, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay.

Appears in 1 contract

Samples: Vantagepoint Funds

Status of Shares and Limitation of Personal Liability. Shares shall be deemed to be personal property giving to Shareholders only the rights provided in this instrumentDeclaration of Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof and to have become a party hereto. The death, incapacity, dissolution, termination or bankruptcy death of a Shareholder during the existence of the Trust shall not operate to terminate the Trust, nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but entitles such representative only to the rights of such said deceased Shareholder under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders Shareholder as partners. Neither the Trust nor the Trustees, nor any officer, employee or agent of the Trust Trust, shall have any power to bind personally any Shareholder, nor, except as specifically provided herein, to call upon any Shareholder for the payment of any sum of money or assessment whatsoever other than such as the Shareholder may at any time personally agree to pay. As provided in the DBTA, shareholders of the Trust shall be entitled to the same limitation of personal liability extended to stockholders of a private corporation organized for profit under the general corporation law of the State of Delaware.

Appears in 1 contract

Samples: Agreement and Declaration (Delaware Group Foundation Funds)

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