Common use of TRUST AND SHAREHOLDER LIABILITY Clause in Contracts

TRUST AND SHAREHOLDER LIABILITY. The Adviser and Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Declaration and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of each respective Fund. The Adviser and Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of a Fund, nor from the Board or any individual Trustee of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust of the Trust and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of each respective the Fund. The Adviser and Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of a the Fund, nor from the Board Trustees or any individual Trustee of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and Sub-Adviser are is hereby expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust and agree agrees that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more seriesSeries, the obligations hereunder shall be limited to the respective assets of each respective Fundthat Series. The Adviser and Sub-Adviser further agree agrees that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of a Fundthe Series, nor from the Board Trustees or any individual Trustee of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and Sub-Adviser are is hereby expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust and agree agrees that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more seriesthe Portfolio, the obligations hereunder shall be limited to the respective assets of each respective Fundthe Portfolio. The Adviser and Sub-Adviser further agree agrees that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of a Fundthe Portfolio, nor from the Board Trustees or any individual Trustee of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and Sub-Adviser are is hereby expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust and agree agrees that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more seriesthe Fund, the obligations hereunder shall be limited to the respective assets of each respective the Fund. The Adviser and Sub-Adviser further agree agrees that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of a the Fund, nor from the Board Trustees or any individual Trustee of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and Sub-Adviser are is hereby expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust and agree agrees that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more seriesFunds, the obligations hereunder shall be limited to the respective assets of each respective that Fund. The Adviser and Sub-Adviser further agree agrees that they it shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of a the Fund, nor from the Board Trustees or any individual Trustee of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and Sub-Adviser are is hereby expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust and agree agrees that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more seriesthe Fund, the obligations hereunder shall be limited to the respective assets of each respective the Fund. The Adviser and Sub-Adviser further agree agrees that they it shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of a the Fund, nor from the Board or any individual Trustee of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Declaration and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of each respective Fund. The Adviser and Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of a Fundthe Trust, nor from the Board or any individual Trustee of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and Sub-Adviser are is hereby expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust and agree agrees that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more seriesFund, the obligations hereunder shall be limited to the respective assets of each respective that Fund. The Adviser and Sub-Adviser further agree agrees that they it shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of a the Fund, nor from the Board or any individual Trustee of the TrustBoard member.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and Sub-Adviser are is hereby expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust and agree agrees that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more seriesFund, the obligations hereunder shall be limited to the respective assets of each respective that Fund. The Adviser and Sub-Adviser further agree agrees that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of a the Fund, nor from the Board Trustees or any individual Trustee of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust of the Trust and agree that obligations assumed by the Trust pursuant to this Agreement Contract shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of each respective the Fund. The Adviser and Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of a the Fund, nor from the Board trustees or any individual Trustee trustee of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and Sub-Adviser are is hereby expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust and agree agrees that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more seriesPortfolio, the obligations hereunder shall be limited to the respective assets of each respective Fundthat Portfolio. The Adviser and Sub-Adviser further agree agrees that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of a Fundthe Portfolio, nor from the Board Trustees or any individual Trustee of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Declaration and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more seriesFunds, the obligations hereunder shall be limited to the respective assets of each respective Fund. The Adviser and Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of a Fund, nor from the Board or any individual Trustee of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Trust’s Agreement and Declaration of Trust, as the same may be modified or amended from time to time; and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of each respective Fund. The Adviser and Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of a Fund, nor from the Board or any individual Trustee of the Trust.

TRUST AND SHAREHOLDER LIABILITY. The Adviser and Sub-Adviser are hereby expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust and agree that obligations assumed by the Trust pursuant to this Agreement shall be limited in all cases to the Trust and its assets, and if the liability relates to one or more series, the obligations hereunder shall be limited to the respective assets of each respective Fund. The Adviser and Sub-Adviser further agree that they shall not seek satisfaction of any such obligation from the shareholders or any individual shareholder of a Fund, nor from the Board or any individual Trustee of the Trust.