Common use of Liability of Sub-Adviser Clause in Contracts

Liability of Sub-Adviser. The Sub-Adviser shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Adviser or the Trust in connection with the performance of its duties under this Agreement, except a loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services, or a loss resulting from willful misfeasance, bad faith or negligence on the part of the Sub-Adviser or any of its officers, directors, employees or agents, in the performance of their duties under this Agreement, or from reckless disregard by it of obligations and duties under this Agreement.

Liability of Sub-Adviser. The Sub-Adviser shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Adviser or the Trust in connection with the performance of its duties under this Agreement, except a loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services, services or a loss resulting from willful misfeasance, bad faith or gross negligence on the part of the Sub-Adviser or any of its officers, directors, employees or agents, in the performance of their its duties under this Agreement, or from reckless disregard by it of its obligations and duties under this Agreement.

Liability of Sub-Adviser. The Sub-Adviser shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Adviser or the Trust Company in connection with the performance of its duties under this Agreement, except a loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services, services or a loss resulting from willful misfeasance, bad faith or gross negligence on the part of the Sub-Adviser or any of its officers, directors, employees or agents, in the performance of their its duties under this Agreement, or from reckless disregard by it of its obligations and duties under this Agreement.

Liability of Sub-Adviser. The Sub-Adviser shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Adviser or the Trust in connection with the performance of its duties under this Agreement, except a loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services, services or a loss resulting from willful misfeasance, bad faith or gross negligence on the part of the Sub-Adviser or any of its officers, directors, employees or agents, in the performance of their duties under this Agreementits duties, or from reckless disregard by it of its obligations and duties under this Agreement.

Liability of Sub-Adviser. (a) The Sub-Adviser shall not be liable to the Trust, the Fund, the Adviser or to any of their respective affiliates or to any shareholder for any error of judgment or judgment, mistake of law or for any loss suffered by the Adviser or the Trust Fund in connection with the performance of its duties under this Agreement, except for a loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services, services or a loss resulting from the Sub-Adviser's (i) willful misfeasance, bad faith faith, negligence or negligence on the part of the Sub-Adviser or any of its officers, directors, employees or agents, reckless disregard in the performance of their duties under this Agreement, or from reckless disregard by it of its obligations and duties under hereunder, or (ii) material breach of this Agreement.

Liability of Sub-Adviser. The Sub-Adviser shall not be liable for any ------------------------ error of judgment or mistake of law or for any loss suffered by the Adviser or the Trust in connection with the performance of its duties under this Agreement, except a loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services, or a loss resulting from willful misfeasance, bad faith or negligence on the part of the Sub-Adviser or any of its officers, directors, employees or agents, in the performance of their duties under this Agreement, or from reckless disregard by it of obligations and duties under this Agreement.

Liability of Sub-Adviser. The Sub-Adviser shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Adviser or the Trust in connection with the performance of its duties under this Agreement, except a loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services, or a loss resulting from willful misfeasance, bad faith or negligence on the part of the Sub-Adviser or any of its officers, directors, employees or agents, in the performance of their duties under this Agreement, or from reckless disregard by it of or obligations and duties under this Agreement.

Liability of Sub-Adviser. The Sub-Adviser shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Adviser or the Trust Company in connection with the performance of its duties under this Agreement, except a loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services, services or a loss resulting from willful misfeasance, bad faith or negligence on the part of the Sub-Adviser or any of its officers, directors, employees or agents, in the performance of their its duties under this Agreement, or from reckless disregard by it of its obligations and duties under this Agreement.

Liability of Sub-Adviser. (a) The Sub-Adviser shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Adviser or the Trust in connection with the performance of its duties under this Agreement, except a that the Sub-Adviser shall be liable to the Adviser or the Trust for any loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services, services or a any loss resulting from willful misfeasance, bad faith or negligence on the part of the Sub-Adviser or any of its officers, directors, employees or agents, in the performance of their its duties under this Agreement, or from reckless disregard by it of its obligations and duties under this Agreement.

Liability of Sub-Adviser. The Sub-Adviser shall not be liable for any ------------------------ error of judgment or mistake of law or for any loss suffered by the Adviser or the Trust in connection with the performance of its duties under this Agreement, except a loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services, or a loss resulting from willful misfeasance, bad faith or negligence on the part of the Sub-Adviser or any of its officers, directors, employees or agents, in the performance of their duties under this Agreement, or from reckless disregard by it of or obligations and duties under this Agreement.

Liability of Sub-Adviser. The Sub-Adviser shall not be liable for ------------------------ any error of judgment or mistake of law or for any loss suffered by the Adviser or the Trust in connection with the performance of its duties under this Agreement, except a loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services, or a loss resulting from willful misfeasance, bad faith or negligence on the part of the Sub-Adviser or any of its officers, directors, employees or agents, in the performance of their duties under this Agreement, or from reckless disregard by it of obligations and duties under this Agreement.

Liability of Sub-Adviser. The (a) Neither the Sub-Adviser Adviser, nor its officers, employees, affiliates and subsidiaries shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Adviser or Portfolio, the Trust or its shareholders or by the Advisor in connection with the performance of its duties under matters to which this AgreementAgreement relates, except a loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services, or a loss resulting from willful misfeasance, bad faith or gross negligence on the its part of the Sub-Adviser or any of its officers, directors, employees or agents, in the performance of their its duties under this Agreement, or from reckless disregard by it of its obligations and duties under this Agreement.

Liability of Sub-Adviser. The Sub-Adviser shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Adviser or the Master Trust in connection with the performance of its duties under this Agreement, except a loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services, or a loss resulting from willful misfeasance, bad faith or negligence on the part of the Sub-Adviser or any of its officers, directors, employees or agents, in the performance of their duties under this Agreement, or from reckless disregard by it of obligations and duties under this Agreement.

Liability of Sub-Adviser. The Sub-Adviser shall not be liable ------------------------ for any error of judgment or mistake of law or for any loss suffered by the Adviser or the Trust in connection with the performance of its duties under this Agreement, except a loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services, or a loss resulting from willful misfeasance, bad faith or negligence on the part of the Sub-Adviser or any of its officers, directors, employees or agents, in the performance of their duties under this Agreement, or from reckless disregard by it of obligations and duties under this Agreement.

Liability of Sub-Adviser. (a) The Sub-Adviser shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Adviser or the Trust in connection with the performance of its duties under this Agreement, except a that the Sub-Adviser shall be liable to the Adviser or the Trust for any loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services, services or a any loss resulting from willful misfeasance, bad faith or gross negligence on the part of the Sub-Adviser or any of its officers, directors, employees or agents, in the performance of their its duties under this Agreement, or from reckless disregard by it of its obligations and duties under this Agreement.

Liability of Sub-Adviser. The (a) Neither the Sub-Adviser Adviser, nor officers, employees, affiliates and subsidiaries shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Adviser or Portfolio, the Trust or its shareholders or by the Advisor in connection with the performance of its duties under this Agreementmatters to which Agreement relates, except a loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services, or a loss resulting from willful misfeasance, bad faith or gross negligence on the its part of the Sub-Adviser or any of its officers, directors, employees or agents, in the performance of their its duties under this Agreement, or from reckless disregard by it of its obligations and duties under this Agreement.

Liability of Sub-Adviser. The Sub-Adviser shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Adviser or the Trust in connection with the performance of its duties under this Agreement, except a loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services, services or a loss resulting from willful misfeasance, bad faith or negligence on the part of the Sub-Adviser or any of its officers, directors, employees or agents, in the performance of their its duties under this Agreement, or from reckless disregard by it of its obligations and duties under this Agreement.