Common use of Limitation of Liability and Indemnification Clause in Contracts

Limitation of Liability and Indemnification. (a) FASC shall not be responsible for any error of judgment or mistake of law or for any loss suffered by the Advisor or any Account in connection with the matters to which this Agreement relates, except a loss resulting from willful malfeasance, bad faith or gross negligence on its part in the performance of its duties or from reckless disregard by it of its obligations and duties under this Agreement.

Appears in 300 contracts

Samples: Services Agreement (Federated Hermes Municipal Bond Fund, Inc.), Services Agreement (Federated Hermes Income Securities Trust), Services Agreement (Federated Hermes Core Trust III)

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