Limitation of Liability of the Sub-Adviser. The Sub-Adviser shall not be liable for any error of judgment or for any loss suffered by the Adviser in connection with the performance of its obligations under this Agreement, except a loss resulting from: (i) willful misfeasance, bad faith or negligence on the Sub-Adviser's part in the performance of its duties, or (ii) reckless disregard of its obligations and duties under this Agreement, or (iii) a violation of law or any duty imposed by federal or state law.
Appears in 7 contracts
Samples: Sub Advisory Agreement (Sei Institutional Investments Trust), Investment Sub Advisory Agreement (Sei Institutional International Trust), Investment Sub Advisory Agreement Sei Insurance Products Trust (Sei Insurance Products Trust)
Limitation of Liability of the Sub-Adviser. The Sub-Adviser shall not be liable for any error of judgment or for any loss suffered by the Adviser in connection with the performance of its obligations under this Agreement, except a loss resulting from: (i) willful misfeasance, bad faith or negligence on the Sub-Adviser's ’s part in the performance of its duties, or (ii) reckless disregard of its obligations and duties under this Agreement, or (iii) a violation of law or any duty imposed by federal or state law.
Appears in 6 contracts
Samples: Investment Sub Advisory Agreement (Sei Institutional Investments Trust), Sub Advisory Agreement (Sei Institutional International Trust), Sub Advisory Agreement (Sei Institutional Managed Trust)
Limitation of Liability of the Sub-Adviser. The Sub-Adviser adviser shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Adviser in connection with Fund or the performance of its obligations under this AgreementAdviser, except a loss resulting from: (i) 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 part of the Sub-Adviser's part adviser in the performance of its duties, duties or (ii) from reckless disregard of its obligations and duties under this Agreement, or (iii) a violation of law or any duty imposed by federal or state law.
Appears in 2 contracts
Samples: Sub Advisory Agreement (Pillar Funds), Pillar Funds Investment Sub Advisory Agreement (Pillar Funds)
Limitation of Liability of the Sub-Adviser. The Sub-Adviser shall not be liable for any error of judgment or for any loss suffered by the Adviser in connection with the performance of its obligations under this Agreement, except a loss resulting from: (i) willful misfeasance, bad faith or negligence on the Sub-Adviser's part in the performance of its duties, or (ii) reckless disregard of its obligations and duties under this Agreement, or (iii) a violation of law or any duty imposed by federal or state law.
Appears in 1 contract
Limitation of Liability of the Sub-Adviser. The Sub-Adviser shall not be liable for any error of judgment or for any loss suffered by the Adviser in connection with the performance of its obligations under this Agreement, except a loss resulting from: from (i) willful misfeasance, bad faith or negligence on the Sub-Adviser's part in the performance of its duties, or (ii) reckless disregard of its obligations and duties under this Agreement, or (iii) a violation of law or any duty imposed by federal or state law.
Appears in 1 contract
Samples: Investment Sub Advisory Agreement (Sei Institutional Investments Trust)
