Common use of Series of the Trust Clause in Contracts

Series of the Trust. Notwithstanding anything in this Agreement to the contrary, the assets of each Fund and class of shares of a Fund shall be separate and distinct from the assets of any other Fund or class of shares of a Fund and only the assets of a Fund or class of shares of a Fund that is the subject of a Proceeding may be used to satisfy the indemnification obligations relating to such Proceeding, as reasonably determined by the Board.

Appears in 25 contracts

Samples: Indemnification Agreement (State Street Master Funds), Indemnification Agreement (Elfun Income Fund), Indemnification Agreement (Elfun Government Money Market Fund)

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