Common use of Fund Obligations Clause in Contracts

Fund Obligations. This Agreement is executed by the Trust with respect to each of the Funds and the obligations hereunder are not binding upon any of the trustees, officers or shareholders of the Trust individually but are binding only upon the Fund to which such obligations pertain and the assets and property of such Fund. All obligations of the Trust under this Agreement shall apply only on a Fund-by-Fund basis, and the assets of one Fund shall not be liable for the obligations of another Fund.

Appears in 9 contracts

Samples: Fund Administration Agreement (Aberdeen Standard Investments ETFs), Fund Administration Agreement (Aberdeen Funds), Underwriting Agreement (Aberdeen Investment Funds)

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Fund Obligations. This Agreement is executed by the Trust Fund with respect to each of the Funds and the obligations hereunder are not binding upon any of the trusteesdirectors, officers or shareholders of the Trust Fund individually but are binding only upon the Fund to which such obligations pertain and the assets and property of such Fund. All obligations of the Trust Fund under this Agreement shall apply only on a Fund-by-Fund basis, and the assets of one Fund shall not be liable for the obligations of another Fund.

Appears in 1 contract

Samples: Underwriting Agreement (Aberdeen Global SELECT OPPORTUNITIES FUND INC.)

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