Common use of Exculpation; Indemnification Clause in Contracts

Exculpation; Indemnification. 5.1 The Trust shall not be liable to Authorized Firm and Authorized Firm shall not be liable to the Trust except for acts or failures to act which constitute lack of good faith or gross negligence and for obligations expressly assumed by either party hereunder. Nothing contained in this Agreement is intended to operate as a waiver by the Trust or by Authorized Firm of compliance with any applicable law, rule, or regulation.

Exculpation; Indemnification. 5.1 The Trust Trusts shall not be liable to the Authorized Firm and the Authorized Firm shall not be liable to the Trust Trusts except for acts or failures to act which constitute lack of good faith or gross negligence and for obligations expressly assumed by either party hereunder. Nothing contained in this Agreement is intended to operate as a waiver by the Trust Trusts or by the Authorized Firm of compliance with any applicable law, rule, or regulation.

Exculpation; Indemnification. 5.1 The Trust shall not be liable to the Authorized Firm and the Authorized Firm shall not be liable to the Trust except for acts or failures to act which constitute lack of good faith or gross negligence and for obligations expressly assumed by either party hereunder. Nothing contained in this Agreement is intended to operate as a waiver by the Trust or by the Authorized Firm of compliance with any applicable law, rule, or regulation.

Exculpation; Indemnification. 5.1 5.1. The Trust shall not be liable to the Authorized Firm and the Authorized Firm shall not be liable to the Trust except for acts or failures to act which constitute lack of good faith or gross negligence and for obligations expressly assumed by either party hereunder. Nothing contained in this Agreement is intended to operate as a waiver by the Trust or by the Authorized Firm of compliance with any applicable law, rule, or regulation.