Limitation of Liability to Trust and Shareholders. No person who is or has been a Trustee, officer or employee of the Trust shall be liable to the Trust or to any Shareholder for any action or failure to act except for his or her own bad faith, willful misfeasance, gross negligence or reckless disregard of his or her duties involved in the conduct of the individual's office, and for nothing else, and shall not be liable for errors of judgment or mistakes of fact or law.
Appears in 57 contracts
Samples: Agreement and Declaration (Pioneer ILS Interval Fund), Agreement and Declaration (Pioneer Series Trust Xii), Agreement and Declaration (Pioneer Series Trust III)
Limitation of Liability to Trust and Shareholders. No person who is or has been a Trustee, officer or employee of the Trust shall be liable to the Trust or to any Shareholder for any action or failure to act except for his or her own bad faith, willful misfeasance, gross negligence or reckless disregard of his or her duties involved in the conduct of the individual's ’s office, and for nothing else, and shall not be liable for errors of judgment or mistakes of fact or law.
Appears in 18 contracts
Samples: Agreement and Declaration of Trust (PowerShares Exchange-Traded Self-Indexed Fund Trust), And Restated Agreement and Declaration of Trust (Hartford Funds Exchange-Traded Trust), Agreement and Declaration of Trust (Hartford Funds Master Fund)
Limitation of Liability to Trust and Shareholders. No person who is or has been a Trustee, officer or employee of the Trust shall be liable to the Trust or to any Shareholder Shareholder, Trustee, officer, employee, or agent of the Trust for any action or failure to act (including without limitation the failure to compel in any way any former or acting Trustee to redress any breach of trust) except for his or her own bad faith, willful misfeasance, gross negligence or reckless disregard of his or her duties involved in the conduct of the individual's ’s office, and for nothing else, and shall not be liable for errors of judgment or mistakes of fact or law.
Appears in 11 contracts
Samples: Agreement and Declaration (City National Rochdale Strategic Credit Fund), Agreement and Declaration of Trust (Weiss Strategic Interval Fund), Agreement and Declaration (City National Rochdale Select Strategies Fund)
Limitation of Liability to Trust and Shareholders. No person who is or has been a Trustee, officer or employee of the Trust shall be liable to the Trust or to any Shareholder Shareholder, Trustee, officer, employee, or agent of the Trust for any action or failure to act (including without limitation the failure to compel in any way any former or acting Trustee to redress any breach of trust) except for his or her own bad faith, willful misfeasance, gross negligence or reckless disregard of his or her duties involved in the conduct of the individual's office, and for nothing else, and shall not be liable for errors of judgment or mistakes of fact or law.
Appears in 3 contracts
Samples: Agreement and Declaration (Pioneer Multi-Asset Income Trust), Agreement and Declaration of Trust (Pioneer Securitized Income Fund), Agreement and Declaration (Pioneer Multi-Asset Credit Trust)
