Common use of Limited Recourse Clause in Contracts

Limited Recourse. CFS hereby acknowledges that a Fund’s obligations hereunder with respect to the Fund are binding only on the assets and property belonging to the Fund. The obligations of the parties hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Fund personally, but shall bind only the property of the Fund. The execution and delivery of this Agreement by such officers shall not be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the Fund’s property. Notwithstanding any other provision of this Agreement, the parties agree that the assets and liabilities of each Fund of the Trust are separate and distinct from the assets and liabilities of each other series portfolios of the Trust and that no series shall be liable or shall be charged for any debt, obligation or liability of any other Fund, whether arising under this Agreement or otherwise.

Limited Recourse. CFS hereby acknowledges that a Fund’s the Funds' obligations hereunder with respect to the Fund Shares are binding only on the assets and property belonging to the FundFunds. The obligations of the parties hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Fund Funds personally, but shall bind only the property of the FundFunds. The execution and delivery of this Agreement agreement by such officers shall not be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the Fund’s Funds' property. Notwithstanding any other provision of this Agreement, the parties agree that the assets and liabilities of each Fund of the Trust are separate and distinct from the assets and liabilities of each other series portfolios of the Trust Fund and that no series Fund shall be liable or shall be charged for any debt, obligation or liability of any other Fund, whether arising under this Agreement or otherwise.

Limited Recourse. CFS hereby acknowledges that a Fund’s the Funds’ obligations hereunder with respect to the Fund Shares are binding only on the assets and property belonging to the FundFunds. The obligations of the parties hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Fund Funds personally, but shall bind only the property of the FundFunds. The execution and delivery of this Agreement agreement by such officers shall not be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the Fund’s Funds’ property. Notwithstanding any other provision of this Agreement, the parties agree that the assets and liabilities of each Fund of the Trust are separate and distinct from the assets and liabilities of each other series portfolios of the Trust Fund and that no series Fund shall be liable or shall be charged for any debt, obligation or liability of any other Fund, whether arising under this Agreement or otherwise.

Limited Recourse. CFS hereby acknowledges that a Fund’s the Funds' obligations hereunder with respect to the Fund Shares are binding only on the assets and property belonging to the FundFunds. The obligations of the parties hereunder shall not be binding upon any of the TrusteesDirectors, shareholders, nominees, officers, agents or employees of the Fund Funds personally, but shall bind only the property of the FundFunds. The execution and delivery of this Agreement agreement by such officers shall not be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the Fund’s Funds' property. Notwithstanding any other provision of this Agreement, the parties agree that the assets and liabilities of each Fund of the Trust Company are separate and distinct from the assets and liabilities of each other series portfolios of the Trust Fund and that no series Fund shall be liable or shall be charged for any debt, obligation or liability of any other Fund, whether arising under this Agreement or otherwise.