Company: DBO
Filing Date: 2025-11-10
Form Type: 424B3
Source: 0001193125-25-273330
Chunk: 82

Company: Invesco DB Oil Fund
Filing Date: 2025-11-10
Form: 424B3
Chunk 82
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. The Fund Solely for the purposes of this sub-section, the term “Fund” or “Funds” refers to all the series of the Trust (including the DBO Fund). The term “DBO Fund” refers to the series that is offered pursuant to this Prospectus. The term “Non-DBO Funds” refers to all the remaining series of the Trust and excludes the DBO Fund. The Trust was formed and is operated in a manner such that each Fund is liable only for obligations attributable to that Fund and the Shareholders of a Fund are not subject to the losses or liabilities of any of the other Funds. For example, if any creditor or Shareholder in a Non-DBO Fund asserted against the DBO Fund a valid claim with respect to its indebtedness or Shares, the creditor or Shareholder of the Non-DBO Fund would only be able to recover money from that particular Non-DBO Fund and its assets. Accordingly, the debts, liabilities, obligations and expenses (collectively, the “Claims”) incurred, contracted for or otherwise existing solely with respect to a particular Non-DBO Fund are enforceable only against the assets of that Non-DBO Fund and not against the DBO Fund or any other Non-DBO Fund or the Trust generally or any of their respective assets. The assets of any particular Fund include only those funds and other assets that are paid to, held by or distributed to the Fund, including, without limitation, funds delivered to the Trust for the purchase of Shares in the Fund (the “Inter-Series Limitation on Liability”). The Inter-Series Limitation on Liability is expressly provided for under the Delaware Statutory Trust Act, which provides that if certain conditions (as set forth in Section 3804(a)) are met, then the debts of any particular series will be enforceable only against the assets of such series and not against the assets of any other Fund or the Trust generally. The Inter-Series Limitation on Liability applies to all series of the Trust, including those that are not being offered through this Prospectus. In furtherance of the Inter-Series Limitation on Liability, every party providing services to the Trust, any Fund or the Managing Owner on behalf of the Trust or any Fund has acknowledged and consented in writing to the Inter-Series Limitation on Liability with respect to such party’s Claims. No special custody arrangements are applicable to any Fund, and the existence of a trustee should not be taken as an indication of any additional level of management or supervision over any Fund