Liability of the Advisor. Absent willful misfeasance, bad faith, gross negligence, or reckless disregard of obligations or duties hereunder on the part of the Advisor, the Advisor shall not be subject to liability to the Trust or to any shareholder of the Trust 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.
Appears in 15 contracts
Samples: Investment Advisory Agreement (Calvert Tax Free Reserves), Investment Advisory Agreement (First Variable Rate Fund for Government Income /Md/), Investment Advisory Agreement (Calvert SAGE Fund)
Liability of the Advisor. Absent willful misfeasance, bad faith, gross negligence, or reckless disregard of obligations or duties hereunder on the part of the Advisor, the Advisor shall not be subject to liability to the Trust Corporation or to any shareholder of the Trust Corporation 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.
Appears in 9 contracts
Samples: Investment Advisory Agreement (Calvert Variable Series Inc), Investment Advisory Agreement (Calvert Municipal Fund Inc), Investment Advisory Agreement (Calvert Impact Fund Inc)
Liability of the Advisor. Absent willful misfeasance, bad faith, gross ---------------------------- negligence, or reckless disregard of obligations or duties hereunder on the part of the Advisor, the Advisor shall not be subject to liability to the Trust Corporation or to any shareholder of the Trust Corporation 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.
Appears in 1 contract
Samples: Investment Advisory Agreement (Calvert New World Fund Inc)
