Common use of Limitation of Liability of the Advisor Clause in Contracts

Limitation of Liability of the Advisor. a) 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 in any 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. As used in this Section 7, the term "

Appears in 26 contracts

Samples: Sub Advisory Agreement (Touchstone Strategic Trust), Sub Advisory Agreement (Touchstone Tax Free Trust), Investment Advisory Agreement (Touchstone Investment Trust)

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Limitation of Liability of the Advisor. a) 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 holder of an interest in any 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. As used in this Section 7, the term "

Appears in 2 contracts

Samples: Investment Advisory Agreement (Western Southern Life Assurance Co Separate Account 1), Investment Advisory Agreement (Western Southern Life Assurance Co Separate Account 1)

Limitation of Liability of the Advisor. a) 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 holder of an interest in any 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. As used in this Section 7, the term "services

Appears in 1 contract

Samples: Investment Advisory Agreement (Select Advisors Portfolios)

Limitation of Liability of the Advisor. a) a. 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 holder of an interest in any 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. As used in this Section 7, the term "

Appears in 1 contract

Samples: Investment Advisory Agreement (Select Advisors Portfolios)

Limitation of Liability of the Advisor. a) 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 holder of an interest in any 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. As used in this Section 7, the term "the

Appears in 1 contract

Samples: Investment Advisory Agreement (Select Advisors Variable Insurance Trust)

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Limitation of Liability of the Advisor. a) 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 holder of an interest in any 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. As used in this Section 7, the term "Advisor" shall include Touchstone

Appears in 1 contract

Samples: Investment Advisory Agreement (Select Advisors Trust A)

Limitation of Liability of the Advisor. a) 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 in any 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. As used in this Section 7, the term "the

Appears in 1 contract

Samples: Investment Advisory Agreement (Select Advisors Variable Insurance Trust)

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