Common use of Limits of Liability; Indemnification Clause in Contracts

Limits of Liability; Indemnification. The Adviser assumes no responsibility under this Agreement other than to render the services called for hereunder. The Adviser shall not be liable for any error of judgment or for any loss suffered by the Trust or a Fund in connection with the matters to which this Agreement relates, except a loss resulting from a breach of fiduciary duty with respect to receipt of compensation for services (in which case any award of damages shall be limited to the period and the amount set forth in Section 36(b)(3) of the Investment Company Act of 1940) or a loss resulting from willful misfeasance, bad faith or gross negligence on its part in the performance of, or from reckless disregard by it of its obligations and duties under, this Agreement.

Appears in 12 contracts

Samples: Investment Advisory Agreement (WP Trust), Investment Advisory Agreement (WP Trust), Investment Advisory Agreement (WP Trust)

AutoNDA by SimpleDocs

Limits of Liability; Indemnification. The Adviser assumes no responsibility under this Agreement other than to render the services called for hereunder. The Adviser shall not be liable for any error of judgment or for any loss suffered by the Trust or a the Fund in connection with the matters to which this Agreement relates, except a loss resulting from a breach of fiduciary duty with respect to receipt of compensation for services (in which case any award of damages shall be limited to the period and the amount set forth in Section 36(b)(3) of the Investment Company Act of 19401000 Xxx) or a loss resulting from willful misfeasance, bad faith or gross negligence on its part in the performance of, or from reckless disregard by it of its obligations and duties under, this Agreement.

Appears in 2 contracts

Samples: Interim Investment Advisory Agreement (360 Funds), Interim Investment Advisory Agreement (360 Funds)

Limits of Liability; Indemnification. The Adviser assumes no responsibility under this Agreement other than to render the services called for hereunder. The Adviser shall not be liable for any error of judgment or for any loss suffered by the Trust or a the Fund in connection with the matters to which this Agreement relates, except a loss resulting from a breach of fiduciary duty with respect to receipt of compensation for services (in which case any award of damages shall be limited to the period and the amount set forth in Section 36(b)(3) of the Investment Company Act of 1940) or a loss resulting from willful misfeasance, bad faith or gross negligence on its part in the performance of, or from reckless disregard by it of its obligations and duties under, this Agreement.

Appears in 1 contract

Samples: Investment Advisory Agreement (Endurance Series Trust)

AutoNDA by SimpleDocs

Limits of Liability; Indemnification. (a) The Adviser assumes no responsibility under this Agreement other than to render the services called for hereunderServices. The Adviser shall not be liable for any error of judgment or for any loss suffered by the Trust Fund or a the Fund in connection with the matters to which this Agreement relates, except a loss resulting from a breach of fiduciary duty with respect to receipt of compensation for services the Services (in which case any award of damages shall be limited to the period and the amount set forth in Section 36(b)(3) of the Investment Company Act of 19400000 Xxx) or a loss resulting from willful misfeasance, bad faith faith, gross negligence, or gross negligence reckless disregard on its part in the performance of, or from reckless disregard by it of its obligations and duties under, under this Agreement.

Appears in 1 contract

Samples: Investment Advisory Agreement (Lind Capital Partners Municipal Credit Income Fund)

Time is Money Join Law Insider Premium to draft better contracts faster.