Common use of Limitation of Liability and Indemnification Clause in Contracts

Limitation of Liability and Indemnification. The Financial Administrator shall be responsible for the performance of only such duties as are set forth in this Agreement and, except as otherwise provided under Section XII, shall have no responsibility for the actions or activities of any other party, including other service providers. The Financial Administrator shall have no liability for any error of judgment or mistake of law or for any loss or damage resulting from the performance or nonperformance of its duties hereunder unless solely caused by or resulting from the gross negligence or willful misconduct of the Financial Administrator, its officers or employees. The Financial Administrator shall not be liable for any special, indirect, incidental, or consequential damages of any kind whatsoever (including, without limitation, attorneys’ fees) under any provision of this Agreement or for any such damages arising out of any act or failure to act hereunder. In any event, the Financial Administrator’s cumulative liability for each calendar year (a “Liability Period”) with respect to Evergreen or a Trust under this Agreement regardless of the form of action or legal theory shall be limited to its total annual compensation earned with respect to Evergreen and fees payable hereunder during the relevant Compensation Period, as defined herein, for any liability or loss suffered by Evergreen or the Trust including, but not limited to, any liability relating to the Trust’s compliance with any federal or state tax or securities statute, regulation or ruling during such Liability Period. “

Appears in 23 contracts

Samples: Tax Services Administration Agreement (Evergreen Fixed Income Trust /De/), Tax Services Administration Agreement (Evergreen Municipal Trust /De/), Tax Services Administration Agreement (Evergreen Municipal Trust /De/)

AutoNDA by SimpleDocs

Limitation of Liability and Indemnification. The Financial Administrator shall be responsible for the performance of only such duties as are set forth in this Agreement and, except as otherwise provided under Section XII6, shall have no responsibility for the actions or activities of any other party, including other service providers. The Financial Administrator shall have no liability for any error of judgment or mistake of law or for any loss or damage resulting from the performance or nonperformance of its duties hereunder unless solely caused by or resulting from the gross negligence or willful misconduct of the Financial Administrator, its officers or employees. The Financial Administrator shall not be liable for any special, indirect, incidental, or consequential damages of any kind whatsoever (including, without limitation, attorneys’ fees) under any provision of this Agreement or for any such damages arising out of any act or failure to act hereunder. In any event, the Financial Administrator’s cumulative liability for each calendar year (a “Liability Period”) with respect to Evergreen or a Trust the Funds under this Agreement regardless of the form of action or legal theory shall be limited to its total annual compensation earned with respect to Evergreen the Funds and fees payable hereunder during the relevant preceding Compensation Period, as defined herein, for any liability or loss suffered by Evergreen or the Trust any Fund including, but not limited to, any liability relating to the Trustqualification of any Fund as a regulated investment company or any liability relating to a Fund’s compliance with any federal or state tax or securities statute, regulation or ruling during such Liability Period. “

Appears in 14 contracts

Samples: Administration Agreement, Administration Agreement (Cohen & Steers MLP & Energy Opportunity Fund, Inc.), Administration Agreement (Cohen & Steers Preferred Securities & Income SMA Shares, Inc.)

Limitation of Liability and Indemnification. The Financial Administrator shall be responsible for the performance of only such duties as are set forth in this Agreement and, except as otherwise provided under Section XII6, shall have no responsibility for the actions or activities of any other party, including other service providers. The Financial Administrator shall have no liability for any error of judgment or mistake of law or for any loss or damage resulting from the performance or nonperformance of its duties hereunder unless solely caused by or resulting from the gross negligence or willful misconduct of the Financial Administrator, its officers or employees. The Financial Administrator shall not be liable for any special, indirect, incidental, or consequential damages of any kind whatsoever (including, without limitation, attorneys' fees) under any provision of this Agreement or for any such damages arising out of any act or failure to act hereunder. In any event, the Financial Administrator’s 's cumulative liability for each calendar year (a "Liability Period") with respect to Evergreen or a Trust the Funds under this Agreement regardless of the form of action or legal theory shall be limited to its total annual compensation earned with respect to Evergreen the Funds and fees payable hereunder during the relevant preceding Compensation Period, as defined herein, for any liability or loss suffered by Evergreen or the Trust any Fund including, but not limited to, any liability relating to the Trust’s qualification of any Fund as a regulated investment company or any liability relating to a Fund's compliance with any federal or state tax or securities statute, regulation or ruling during such Liability Period. "

Appears in 13 contracts

Samples: Administration Agreement (Cohen & Steers VIF Realty Fund, Inc.), Administration Agreement (Cohen & Steers Special Equity Fund), Administration Agreement (Cohen & Steers Income Realty Fund Inc)

Limitation of Liability and Indemnification. The Financial Administrator shall be responsible for the performance of only such duties as are set forth in this Agreement and, except as otherwise provided under Section XII6, shall have no responsibility for the actions or activities of any other party, including other service providers. The Financial Administrator shall have no liability for any error of judgment or mistake of law or for any loss or damage resulting from the performance or nonperformance of its duties hereunder unless solely caused by or resulting from the gross negligence or willful misconduct of the Financial Administrator, its officers or employees. The Financial Administrator shall not be liable for any special, indirect, incidental, or consequential damages of any kind whatsoever (including, without limitation, attorneys' fees) under any provision of this Agreement or for any such damages arising out of any act or failure to act hereunder. In any event, the Financial Administrator’s 's cumulative liability for each calendar year (a "Liability Period") with respect to Evergreen or a Trust the Funds under this Agreement regardless of the form of action or legal theory shall be limited to its total annual compensation earned with respect to Evergreen the Funds and fees payable hereunder during the relevant preceding Compensation Period, as defined herein, for any liability or loss suffered by Evergreen or the Trust any Fund including, but not limited to, any liability relating to the Trust’s qualification of any Fund as a regulated investment company or any liability relating to a Fund's compliance with any federal or state tax or taxor securities statute, regulation or ruling during such Liability Period. “."

Appears in 3 contracts

Samples: Administration Agreement (Cohen & Steers Dividend Majors Fund, Inc.), Administration Agreement (Cohen & Steers Worldwide Realty Income Fund, Inc.), Administration Agreement (Cohen & Steers Select Utility Fund Inc)

Limitation of Liability and Indemnification. The Financial Administrator shall be responsible for the performance of only such duties as are set forth in this Agreement and, except as otherwise provided under Section XII6, shall have no responsibility for the actions or activities of any other party, including other service providers. The Financial Administrator shall have no liability for any error of judgment or mistake of law or for any loss or damage resulting from the performance or nonperformance of its duties hereunder unless solely caused by or resulting from the gross negligence or willful misconduct of the Financial Administrator, its officers or employees. The Financial Administrator shall not be liable for any special, indirect, incidental, or consequential damages of any kind whatsoever (including, without limitation, attorneys' fees) under any provision of this Agreement or for any such damages arising out of any act or failure to act hereunder. In any event, the Financial Administrator’s 's cumulative liability for each calendar year (a "Liability Period") with respect to Evergreen or a the Trust under this Agreement regardless of the form of action or legal theory shall be limited to its total annual compensation earned with respect to Evergreen the Trust and fees payable hereunder during the relevant Compensation Period, as defined herein, for any liability or loss suffered by Evergreen or the Trust including, but not limited to, any liability relating to qualification of the Trust as a regulated investment company or any liability relating to the Trust’s 's compliance with any federal or state tax or securities statute, regulation or ruling during such Liability Period. "

Appears in 1 contract

Samples: Form of Administration Agreement (Henderson Global Funds)

AutoNDA by SimpleDocs

Limitation of Liability and Indemnification. The Financial Administrator shall be responsible for the performance of only such duties as are set forth in this Agreement and, except as otherwise provided under Section XII6, shall have no responsibility for the actions or activities of any other party, including other service providers. The Financial Administrator shall have no liability for any error of judgment or mistake of law or for any loss or damage resulting from the performance or nonperformance of its duties hereunder unless solely caused by or resulting from the gross negligence or willful misconduct of the Financial Administrator, its officers or employees. The Financial Administrator shall not be liable for any special, indirect, incidental, or consequential damages of any kind whatsoever (including, without limitation, attorneys' fees) under any provision of this Agreement or for any such damages arising out of any act or failure to act hereunder. In any event, the Financial Administrator’s 's cumulative liability for each calendar year (a "Liability Period") with respect to Evergreen or a the Trust under this Agreement regardless of the form of action or legal theory shall be limited to its total annual compensation earned with respect to Evergreen the Trust and fees payable hereunder during the relevant Compensation Period, as defined herein, for any liability or loss suffered by Evergreen or the Trust including, but not limited to, any liability relating to qualification of the Trust as a regulated investment company or any liability relating to the Trust’s 's compliance with any federal or state tax or securities statute, regulation or ruling during such Liability Period. "

Appears in 1 contract

Samples: Administration Agreement (Henderson Global Funds)

Limitation of Liability and Indemnification. The Financial Administrator shall be responsible for the performance of only such duties as are set forth in this Agreement and, except as otherwise provided under Section XII, shall have no responsibility for the actions or activities of any other party, including other service providers. The Financial Administrator shall have no liability for any error of judgment or mistake of law or for any loss or damage resulting from the performance or nonperformance of its duties hereunder unless solely caused by or resulting from the gross negligence or willful misconduct of the Financial Administrator, its officers or employees. The Financial Administrator shall not be liable for any special, indirect, incidental, or consequential damages of any kind whatsoever (including, without limitation, attorneys' fees) under any provision of this Agreement or for any such damages arising out of any act or failure to act hereunder. In any event, the Financial Administrator’s 's cumulative liability for each calendar year (a "Liability Period") with respect to Evergreen or a Trust under this Agreement regardless of the form of action or legal theory shall be limited to its total annual compensation earned with respect to Evergreen and fees payable hereunder during the relevant Compensation Period, as defined herein, for any liability or loss suffered by Evergreen or the Trust including, but not limited to, any liability relating to the Trust’s 's compliance with any federal or state tax or securities statute, regulation or ruling during such Liability Period. "

Appears in 1 contract

Samples: Tax Services Administration Agreement (Evergreen International Balanced Income Fund)

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