Common use of Standard of Care; Limitation of Liability; Indemnification Clause in Contracts

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement and shall not be liable to the Fund Company, any Fund or any of the Funds’ shareholders for any action or inaction of Foreside or the CCO or AMLO relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence or willful misfeasance. Further, neither Foreside nor the CCO or AMLO shall be liable to the Fund Company, any Fund or any of the Funds’ shareholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or the CCO and/or the AMLO reasonably believe(s) in good faith to be genuine.

Appears in 6 contracts

Samples: Fund Cco and Amlo Agreement (Simplify Exchange Traded Funds), Fund Cco and Amlo Agreement (2nd Vote Funds), Fund Cco and Amlo Agreement (Mirae Asset Discovery Funds)

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Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement Services and shall not be liable to the Fund Company, any Fund or any of the Funds’ Fund’s shareholders for any action or inaction of Foreside or the CCO or AMLO CFO/Treasurer relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence or willful misfeasance. Further, neither Foreside nor the CCO or AMLO CFO/Treasurer shall be liable to the Fund Company, any Fund or any of the Funds’ Fund’s shareholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO CFO/Treasurer shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or the CCO and/or the AMLO CFO/Treasurer reasonably believe(s) believe in good faith to be genuine.

Appears in 3 contracts

Samples: Fund Cfo/Treasurer Agreement (Horizons ETF Trust), Fund Cfo/Treasurer Agreement (Morningstar Funds Trust), Fund Cfo/Treasurer Agreement (Horizons ETF Trust)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement and shall not be liable to the Fund Company, any Fund or any of the Funds’ shareholders stockholders for any action or inaction of Foreside or the CCO or AMLO relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence or willful misfeasance. Further, neither Foreside nor the CCO or AMLO shall be liable to the Fund Company, any Fund or any of the Funds’ shareholders stockholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or or the CCO and/or the AMLO reasonably believe(s) believe in good faith to be genuine.

Appears in 3 contracts

Samples: Fund Cco Agreement (Monachil Credit Income Fund), Fund Cco Agreement (Horizons ETF Trust), Fund Cco Agreement (Horizons ETF Trust)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement Services and shall not be liable to the Fund Company, any Fund or any of the Funds’ shareholders Fund’s stockholders for any action or inaction of Foreside or the CCO or AMLO PFO/Treasurer relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence or negligence, willful misfeasance, fraud or breach of this Agreement. Further, neither Foreside nor the CCO or AMLO PFO/Treasurer shall be liable to the Fund Company, any Fund or any of the Funds’ shareholders Fund’s stockholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO PFO/Treasurer shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or the CCO and/or the AMLO PFO/Treasurer reasonably believe(s) in good faith to be genuine.

Appears in 2 contracts

Samples: Treasurer Services Agreement (FocusShares Trust), Pfo/Treasurer Services Agreement (FocusShares Trust)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement and shall not be liable to the Fund Company, any Fund or any of the Funds’ shareholders for any action or inaction of Foreside or the CCO or AMLO relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence negligence, willful misfeasance or willful misfeasancefraud. Further, neither Foreside nor the CCO or AMLO shall be liable to the Fund Company, Company or any Fund or any of the Funds’ shareholders for any action taken, or failure to act, in good faith reliance upon: (i) the written advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO shall be under any duty or obligation to inquire into the validity or invalidity invalidity, or authority or lack thereof thereof, of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or the CCO and/or the AMLO reasonably believe(s) in good faith to be genuine.

Appears in 2 contracts

Samples: Fund Cco and Amlo Agreement (Milliman Variable Insurance Trust), Fund Cco and Amlo Agreement (Milliman Variable Insurance Trust)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement Services and shall not be liable to the Fund Company, any Fund or any of the Funds’ Fund’s shareholders for any action or inaction of Foreside or the CCO or AMLO PFO/Treasurer relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence negligence, willful misfeasance or willful misfeasancefraud. Further, neither Foreside nor the CCO or AMLO PFO/Treasurer shall be liable to the Fund Company, any Fund or any of the Funds’ shareholders Series for any action taken, or failure to act, in good faith reliance upon: (i) the written advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO PFO/Treasurer shall be under any duty or obligation to inquire into the validity or invalidity invalidity, or authority or lack thereof thereof, of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or the CCO and/or the AMLO PFO/Treasurer reasonably believe(s) believe in good faith to be genuine.

Appears in 2 contracts

Samples: Fund Pfo/Treasurer Agreement (Milliman Variable Insurance Trust), Fund Pfo/Treasurer Agreement (Milliman Variable Insurance Trust)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement and shall not be liable to the Fund Company, any Fund or any of the Funds’ shareholders stockholders for any action or inaction of Foreside or the CCO or AMLO relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence or negligence, willful misfeasance, fraud or breach of this Agreement. Further, neither Foreside nor the CCO or AMLO shall be liable to the Fund Company, any Fund or any of the Funds’ shareholders stockholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or or the CCO and/or the AMLO reasonably believe(s) believes in good faith to be genuine.

Appears in 2 contracts

Samples: Fund Compliance Services Agreement (FocusShares Trust), Fund Compliance Services Agreement (FocusShares Trust)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside M3Sixty shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside M3Sixty in writing. Foreside M3Sixty shall use its best judgment and efforts in rendering the services described in this Agreement and shall not be liable to the Fund Company, any Fund or any of the Funds’ Fund’s shareholders for any action or inaction of Foreside M3Sixty or the CCO or AMLO relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence or willful misfeasance. Further, neither Foreside M3Sixty nor the CCO or AMLO shall be liable to the Fund Company, any Fund or any of the Funds’ Fund’s shareholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside M3Sixty nor the CCO or AMLO shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or M3Sixty or the CCO and/or the AMLO reasonably believe(s) believe in good faith to be genuine.

Appears in 2 contracts

Samples: Fund Cco Agreement (FNEX Ventures), Fund Cco Service Agreement (360 Funds)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement and shall not be liable to the Fund Company, any Fund or any of the Funds’ shareholders stockholders for any action or inaction of Foreside or the CCO or AMLO relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence or willful misfeasance. Further, neither Foreside nor the CCO or AMLO shall be liable to the Fund Company, any Fund or any of the Funds’ shareholders stockholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or Foreside, the CCO and/or or the AMLO reasonably believe(s) believe in good faith to be genuine.

Appears in 2 contracts

Samples: Fund Compliance and Aml Services Agreement (Mirae Asset Discovery Funds), Fund Compliance and Aml Services Agreement (Mirae Asset Discovery Funds)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement Services and shall not be liable to the Fund Company, any Fund or any of the Funds’ Fund Company’s shareholders for any action or inaction of Foreside or the CCO or AMLO PFO/Treasurer relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence or willful misfeasance. Further, neither Foreside nor the CCO or AMLO PFO/Treasurer shall be liable to the Fund Company, any Fund or any of the Funds’ Fund Company’s shareholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO PFO/Treasurer shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or the CCO and/or the AMLO PFO/Treasurer reasonably believe(s) believes in good faith to be genuine.

Appears in 1 contract

Samples: Fund Pfo/Treasurer Agreement (DriveWealth ETF Trust)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside Alaric, the CCO and the AMLO shall be under no duty to take any action except as specifically each perform all services set forth herein or as may be specifically agreed to by Foreside in writing. Foreside a professional manner, shall use its their best judgment and efforts in rendering the services described in this Agreement and shall not be liable to the Fund Company, any Fund or any of the Funds’ shareholders stockholders for any action or inaction of Foreside Alaric or the CCO or AMLO relating to any event whatsoever in the absence of breach of this Agreement, bad faith, reckless disregard, gross negligence or willful misfeasance. Further, neither Foreside Alaric nor the CCO or AMLO shall be liable to the Fund Company, any Fund or any of the Funds’ shareholders stockholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside Alaric nor the CCO or AMLO shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or Alaric, the CCO and/or or the AMLO reasonably believe(s) believe in good faith to be genuine.

Appears in 1 contract

Samples: Fund Compliance and Aml Services Agreement (Harding Loevner Funds Inc)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement and shall not be liable to the Fund Company, any Fund or any of the Funds’ shareholders for any action or inaction of Foreside or the CCO or AMLO relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence negligence, willful misfeasance or willful misfeasancefraud. Further, neither Foreside nor the CCO or AMLO shall be liable to the Fund Company, any Fund or any of the Funds’ shareholders for any action taken, or failure to act, in good faith reliance upon: (i) the written advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or the CCO and/or the AMLO reasonably believe(s) in good faith to be genuine.

Appears in 1 contract

Samples: Fund Cco and Amlo Agreement (Engine No. 1 ETF Trust)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement and shall not be liable to the Fund Company, any Fund or any of the Funds’ shareholders ' stockholders for any action or inaction of Foreside or the CCO or AMLO AMLCO relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence or willful misfeasance. Further, neither Foreside nor the CCO or AMLO AMLCO shall be liable to the Fund Company, any Fund or any of the Funds’ shareholders ' stockholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO AMLCO shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or the CCO and/or the AMLO AMLCO reasonably believe(s) believe in good faith to be genuine.

Appears in 1 contract

Samples: Fund Cco and Amlco Agreement (Community Development Fund)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement Services and shall not be liable to the Fund Company, any Fund Company or any of the Funds’ Fund Company’s shareholders for any action or inaction of Foreside or the CCO or AMLO PFO/Treasurer relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence negligence, willful misfeasance or willful misfeasancefraud. Further, neither Foreside nor the CCO or AMLO PFO/Treasurer shall be liable to the Fund Company, any Fund Company or any of the Funds’ Fund Company’s shareholders for any action taken, or failure to act, in good faith reliance upon: (i) the written advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO PFO/Treasurer shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or the CCO and/or the AMLO PFO/Treasurer reasonably believe(s) believe in good faith to be genuine.

Appears in 1 contract

Samples: Treasurer Agreement (Engine No. 1 ETF Trust)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement and shall not be liable to the Fund Company, any Fund or any of the Funds’ shareholders for any action or inaction of Foreside or the CCO or AMLO relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence or negligence, willful misfeasance, fraud or breach of this Agreement. Further, neither Foreside nor the CCO or AMLO shall be liable to the Fund Company, any Fund or any of the Funds’ shareholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or or the CCO and/or the AMLO reasonably believe(s) believe in good faith to be genuine.

Appears in 1 contract

Samples: Precidian Etfs Trust Fund Cco Agreement (Precidian ETFs Trust)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement and shall not be liable to the Fund Company, any Fund or any of the Funds’ shareholders for any action or inaction of Foreside or the CCO or AMLO relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence negligence, or willful misfeasance. Further, neither Foreside nor the CCO or AMLO shall be liable to the Fund Company, any Fund or any of the Funds’ shareholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or or the CCO and/or the AMLO reasonably believe(s) believe in good faith to be genuine.

Appears in 1 contract

Samples: Fund Cco Agreement (Tidal ETF Trust II)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement and shall not be liable to the Fund Company, any Fund or any of the Funds' shareholders for any action or inaction of Foreside or the CCO or AMLO relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence or negligence, willful misfeasance, or fraud. Further, neither Foreside nor the CCO or AMLO shall be liable to the Fund Company, any Fund or any of the Funds' shareholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or the CCO and/or the AMLO reasonably believe(s) in good faith to be genuine.

Appears in 1 contract

Samples: Fund Cco and Amlo Agreement (OSI ETF Trust)

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Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement and shall not be liable to the Fund Company, any Fund or any of the Funds’ shareholders for any action or inaction of Foreside or the CCO or AMLO relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence negligence, willful misfeasance or willful misfeasancefraud. Further, neither Foreside nor the CCO or AMLO shall be liable to the Fund Company, any Fund or any of the Funds’ shareholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or the CCO and/or the AMLO reasonably believe(s) in good faith to be genuine.

Appears in 1 contract

Samples: Fund Cco and Amlo Agreement (Global Beta ETF Trust)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement Services and shall not be liable to the Fund Company, any Fund or any of the Funds’ Fund’s shareholders for any action or inaction of Foreside or the CCO or AMLO PFO/Treasurer relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence negligence, willful misfeasance or willful misfeasancefraud. Further, neither Foreside nor the CCO or AMLO PFO/Treasurer shall be liable to the Fund Company, any Fund or any of the Funds’ Fund’s shareholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO PFO/Treasurer shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or the CCO and/or the AMLO PFO/Treasurer reasonably believe(s) believe in good faith to be genuine.

Appears in 1 contract

Samples: Fund Pfo/Treasurer Agreement (Global Beta ETF Trust)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside Accredence shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside Accredence in writing. Foreside Accredence shall use its best judgment and efforts in rendering the services described in this Agreement and shall not be liable to the Fund Company, any Fund or any of the Funds’ shareholders stockholders for any action or inaction of Foreside Accredence or the CCO or AMLO relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence or willful misfeasance. Further, neither Foreside Accredence nor the CCO or AMLO shall be liable to the Fund Company, any Fund or any of the Funds’ shareholders stockholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside Accredence nor the CCO or AMLO shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or Accredence or the CCO and/or the AMLO reasonably believe(s) believe in good faith to be genuine.

Appears in 1 contract

Samples: Fund Cco Agreement (Monachil Credit Income Fund)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement Services and shall not be liable to the Fund Company, any Fund or any of the Funds’ Fund's shareholders for any action or inaction of Foreside or the CCO or AMLO CFO/Treasurer relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence negligence, willful misfeasance or willful misfeasancefraud. Further, neither Foreside nor the CCO or AMLO CFO/Treasurer shall be liable to the Fund Company, any Fund or any of the Funds’ Fund's shareholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO CFO/Treasurer shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or the CCO and/or the AMLO CFO/Treasurer reasonably believe(s) believe in good faith to be genuine.

Appears in 1 contract

Samples: Fund Cfo/Treasurer Agreement (OSI ETF Trust)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement Services and shall not be liable to the Fund Company, any Fund or any of the Funds’ Fund’s shareholders for any action or inaction of Foreside or the CCO or AMLO PFO/Treasurer relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence negligence, willful misfeasance or willful misfeasancefraud, or a material breach of this Agreement by Foreside or the PFO/Treasurer. Further, neither Foreside nor the CCO or AMLO PFO/Treasurer shall be liable to the Fund Company, any Fund or any of the Funds’ Fund’s shareholders for any action taken, or failure to act, in good faith reliance upon: (i) the written advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO PFO/Treasurer shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or the CCO and/or the AMLO PFO/Treasurer reasonably believe(s) believe in good faith to be genuine.

Appears in 1 contract

Samples: Fund Pfo/Treasurer Agreement (AIM ETF Products Trust)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement and shall not be liable to the Fund Company, any Fund or any of the Funds’ shareholders for any action or inaction of Foreside or the CCO or AMLO relating to any event whatsoever in the absence of bad faith, reckless disregard, fraud, gross negligence negligence, willful misfeasance or willful misfeasancematerial breach of any obligation, representation or warranty under this Agreement. Further, neither Foreside nor the CCO or AMLO shall be liable to the Fund Company, any Fund or any of the Funds’ shareholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or the CCO and/or the AMLO reasonably believe(s) in good faith to be genuine.

Appears in 1 contract

Samples: Fund Cco and Amlo Agreement (Siren ETF Trust)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement and shall not be liable to the Fund Company, any Fund or any of the Funds’ shareholders for any action or inaction of Foreside or the CCO or AMLO Officers relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence or negligence, willful misfeasance, or fraud. Further, neither Foreside nor the CCO or AMLO Officers shall be liable to the Fund Company, any Fund or any of the Funds’ shareholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO Officers shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or the CCO and/or the AMLO Officers reasonably believe(s) in good faith to be genuine.

Appears in 1 contract

Samples: Fund Officer Agreement (OSI ETF Trust)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement Services and shall not be liable to the Fund Company, any Fund or any of the Funds’ Fund’s shareholders for any action or inaction of Foreside or the CCO or AMLO PFO/Treasurer relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence or negligence, willful misfeasance, fraud or breach of this Agreement. Further, neither Foreside nor the CCO or AMLO PFO/Treasurer shall be liable to the Fund Company, any Fund or any of the Funds’ Fund’s shareholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO PFO/Treasurer shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or the CCO and/or the AMLO PFO/Treasurer reasonably believe(s) believe in good faith to be genuine.

Appears in 1 contract

Samples: Precidian Etfs Trust Fund Pfo/Treasurer Agreement (Precidian ETFs Trust)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement and shall not be liable to the Fund Company, any Fund or any of the Funds’ shareholders stockholders for any action or inaction of Foreside or the CCO or AMLO relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence or negligence, willful misfeasance, fraud or breach of Foreside’s obligations and duties under this Agreement. Further, neither Foreside nor the CCO or AMLO shall be liable to the Fund Company, any Fund or any of the Funds’ shareholders stockholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or or the CCO and/or the AMLO reasonably believe(s) believe in good faith to be genuine.

Appears in 1 contract

Samples: Fund Cco Agreement (PENN Capital Funds Trust)

Standard of Care; Limitation of Liability; Indemnification. (a) Foreside shall be under no duty to take any action except as specifically set forth herein or as may be specifically agreed to by Foreside in writing. Foreside shall use its best judgment and efforts in rendering the services described in this Agreement and shall not be liable to the Fund Company, any Fund or any of the Funds’ shareholders for any action or inaction of Foreside or the CCO or AMLO relating to any event whatsoever in the absence of bad faith, reckless disregard, gross negligence or negligence, willful misfeasance, fraud or breach of this Agreement. Further, neither Foreside nor the CCO or AMLO shall be liable to the Fund Company, any Fund or any of the Funds’ shareholders for any action taken, or failure to act, in good faith reliance upon: (i) the advice and opinion of Fund Company counsel; and/or (ii) any certified copy of any resolution of the Board. Neither Foreside nor the CCO or AMLO shall be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any statement, oral or written instruction, resolution, signature, request, letter of transmittal, certificate, opinion of counsel, instrument, report, notice, consent, order, or any other document or instrument which Foreside and/or the CCO and/or or the AMLO reasonably believe(s) believes in good faith to be genuine.

Appears in 1 contract

Samples: Precidian Etfs Trust Fund Aml Officer Agreement (Precidian ETFs Trust)

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