Common use of Liability of Investment Manager and Indemnification Clause in Contracts

Liability of Investment Manager and Indemnification. In the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of the Investment Manager or any of its officers, directors or employees, it shall not be subject to liability to the Company or to any shareholder of the Fund for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security.

Liability of Investment Manager and Indemnification. In the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of the Investment Manager or any of its officers, directors or employees, it shall not be subject to liability to the Company Trust or to any shareholder of the Fund Portfolio for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security.

Liability of Investment Manager and Indemnification. In the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of the Investment Manager or any of its officers, directors trustees or employees, it shall not be subject to liability to the Company Fund or to any shareholder of the Fund Portfolio for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security.

Liability of Investment Manager and Indemnification. In the absence of willful misfeasance, bad ------------------------------------------------------ faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of the Investment Manager or any of its officers, directors trustees or employees, it shall not be subject to liability to the Company Fund or to any shareholder of the Fund Portfolio for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security.

Liability of Investment Manager and Indemnification. In the absence of willful misfeasance, bad faith, gross negligence or ---------------------------------------------------- reckless disregard of obligations or duties hereunder on the part of the Investment Manager or any of its officers, directors or employees, it shall not be subject to liability to the Company or to any shareholder of the Fund for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security.

Liability of Investment Manager and Indemnification. In the absence of willful misfeasance, bad faith, ---------------------------------------------------- gross negligence or reckless disregard of obligations or duties hereunder on the part of the Investment Manager or any of its officers, directors or employees, it shall not be subject to liability to the Company or to any shareholder of the Fund for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security.

Liability of Investment Manager and Indemnification. In the absence of willful misfeasance, bad faith, gross ----------------------------------------------------- negligence or reckless disregard of obligations or duties hereunder on the part of the Investment Manager or any of its officers, directors or employees, it shall not be subject to liability to the Company or to any shareholder of the Fund for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security.

Liability of Investment Manager and Indemnification. In the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of the Investment Manager or any of its officers, directors trustees or employees, it shall not be subject to liability to the Company Fund or to any shareholder of the Fund Portfolio for any act or omission in the course of, of or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security.

Liability of Investment Manager and Indemnification. In the absence of willful misfeasance, bad faith, gross negligence or ---------------------------------------------------- reckless disregard of obligations or duties hereunder on the part of the Investment Manager or any of its officers, directors or employees, it shall not be subject to liability to the Company Trust or to any shareholder of the Fund Portfolio for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security.

Liability of Investment Manager and Indemnification. In the absence of willful misfeasance, bad faith, gross ----------------------------------------------------- negligence or reckless disregard of obligations or duties hereunder on the part of the Investment Manager or any of its officers, directors or employees, it shall not be subject to liability to the Company Trust or to any shareholder of the Fund Portfolio for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security.

Liability of Investment Manager and Indemnification. In the absence of willful misfeasance, ---------------------------------------------------- bad faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of the Investment Manager or any of its officers, directors trustees or employees, it shall not be subject to liability to the Company Fund or to any shareholder of the Fund Portfolio for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security.

Liability of Investment Manager and Indemnification. In the absence of willful misfeasance, bad faith, ---------------------------------------------------- gross negligence or reckless disregard of obligations or duties hereunder on the part of the Investment Manager or any of its officers, directors trustees or employees, it shall not be subject to liability to the Company Fund or to any shareholder of the Fund Portfolio for any act or omission in the course of, of or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security.

Liability of Investment Manager and Indemnification. In the absence of willful misfeasance, bad faith, gross ----------------------------------------------------- negligence or reckless disregard of obligations or duties hereunder on the part of the Investment Manager or any of its officers, directors trustees or employees, it shall not be subject to liability to the Company Fund or to any shareholder of the Fund Portfolio for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security.

Liability of Investment Manager and Indemnification. In the absence of willful misfeasance, bad faith, gross ------------------------------------------------------- negligence or reckless disregard of obligations or duties hereunder on the part of the Investment Manager or any of its officers, directors trustees or employees, it shall not be subject to liability to the Company Fund or to any shareholder of the Fund Portfolio for any act or omission in the course of, of or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any any-security.

Liability of Investment Manager and Indemnification. In the absence of willful misfeasance, bad faith, faith gross negligence or reckless xx xxxxxxxx disregard of obligations or duties hereunder on the part of the Investment Manager or any of its officers, directors trustees or employees, it shall not be subject to liability to the Company Fund or to any shareholder of the Fund Portfolio for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security.

Liability of Investment Manager and Indemnification. In the absence of willful misfeasance, bad faith, gross negligence or ---------------------------------------------------- reckless disregard of obligations or duties hereunder on the part of the Investment Manager or any of its officers, directors trustees or employees, it shall not be subject to liability to the Company Fund or to any shareholder of the Fund Portfolio for any act or omission in the course of, of or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security.

Liability of Investment Manager and Indemnification. In the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of the Investment Manager or any of its officers, directors trustees or employees, it shall not be subject to liability to the Company Fund or to any shareholder A holder of the Fund Portfolio for any act or omission in the course ofor, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security.

Liability of Investment Manager and Indemnification. In the absence of willful misfeasance, bad faith, ---------------------------------------------------- gross negligence or reckless disregard of obligations or duties hereunder on the part of the Investment Manager or any of its officers, directors or employees, it shall not be subject to liability to the Company Trust or to any shareholder of the Fund Portfolio for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security.

Liability of Investment Manager and Indemnification. In the absence of Of willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of the Investment Manager or any of its officers, directors trustees or employees, it shall not be subject to liability to the Company Fund or to any shareholder of the Fund Portfolio for any say act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security.

Liability of Investment Manager and Indemnification. In the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of the Investment Manager or any of its officers, directors trustees or employees, it shall not be subject to liability to the Company Fund or to any shareholder of the Fund Portfolio for any act or omission in the course of, of or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any any-security.