Common use of Liability of Sub-Adviser Clause in Contracts

Liability of Sub-Adviser. Neither the Sub-adviser nor any of its directors, officers or employees shall be liable to the Adviser or any Trust or Fund for any error of judgment or mistake of law or for any loss suffered by the Adviser, Trust or Fund in connection with the matters to which this Agreement relates, except for losses resulting from willful misfeasance, bad faith or gross negligence in the performance of, or from the reckless disregard of, the duties of the Sub-adviser or any of its directors.

Appears in 18 contracts

Samples: John Hancock Funds Sub Advisory Agreement (John Hancock Premium Dividend Fund), John Hancock Funds Sub Advisory Agreement (John Hancock Financial Opportunities Fund), John Hancock Funds (John Hancock Investors Trust)

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Liability of Sub-Adviser. Neither the Sub-adviser Adviser nor any of its directors, officers or employees shall be liable to the Adviser or any the Trust or Fund for any error of judgment or mistake of law or for any loss suffered by the Adviser, Adviser or Trust or Fund in connection with the matters to which this Agreement relates, relates except for losses resulting from willful misfeasance, bad faith or gross negligence in the performance of, or from the reckless disregard of, the duties of the Sub-adviser Adviser or any of its directors.

Appears in 6 contracts

Samples: Investment Sub Advisory Agreement (John Hancock Tax-Advantaged Global Shareholder Yield Fund), Sub Advisory Agreement (John Hancock Tax-Advantaged Global Shareholder Yield Fund), Sub Advisory Agreement (John Hancock Tax-Advantaged Global Shareholder Yield Fund)

Liability of Sub-Adviser. Neither the Sub-adviser nor any of its directors, officers or employees shall be liable to the Adviser or any the Trust or Fund for any error of judgment or mistake of law or for any loss suffered by the Adviser, Trust or Fund in connection with the matters to which this Agreement relates, except for losses resulting from willful misfeasance, bad faith or gross negligence in the performance of, or from the reckless disregard of, the duties of the Sub-adviser or any of its directors.

Appears in 5 contracts

Samples: John Hancock Institutional Series Trust (Hancock John Institutional Series Trust), Hancock Capital Series (Hancock John Capital Series), Investment Management Contract (Hancock John Institutional Series Trust)

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Liability of Sub-Adviser. Neither the Sub-adviser nor any of its directors, officers or employees shall be liable to the Adviser or any Trust or Fund the Company for any error of judgment or mistake of law or for any loss suffered by the Adviser, Trust Adviser or Fund the Company in connection with the matters to which this Agreement relates, except for losses resulting from willful misfeasance, bad faith or gross negligence in the performance of, or from the reckless disregard of, the duties of the Sub-adviser or any of its directors.

Appears in 1 contract

Samples: Sub Advisory Agreement (John Hancock Financial Trends Funds Inc)

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