Standard of Care and Indemnification. (a) The Administrator shall be obligated to exercise reasonable care and diligence in the performance of its duties hereunder, to act in good faith and to use its best efforts in performing the services provided for under this Agreement.
Appears in 11 contracts
Samples: Administration and Accounting Services Agreement (Excelsior Private Markets Fund III (TE), LLC), Administration and Accounting Services Agreement (Excelsior Private Markets Fund III (Master), LLC), Administration and Accounting Services Agreement (NB Crossroads Private Markets Fund v (TI) Advisory LP)