Common use of Liabilities of the Administrator Clause in Contracts

Liabilities of the Administrator. A. In the absence of willful misfeasance, bad faith, gross negligence, or reckless disregard of obligations or duties hereunder or on the part of the Administrator or its corporate affiliates, the Administrator and its corporate affiliates shall not be subject to liability to the Trust or to any Shareholder of the Trust for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding, or sale of any security or other instrument.

Liabilities of the Administrator. A. In the absence of willful misfeasance, bad faith, gross negligence, or reckless disregard of obligations obligation or duties hereunder or on the part of the Administrator or its corporate affiliatesAdministrator, the Administrator and its corporate affiliates shall not be subject to liability to the Trust or the Fund or to any Shareholder shareholder of the Trust Fund for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding, holding or sale of any security or other instrumentby the Funds.

Liabilities of the Administrator. A. In the absence of willful misfeasance, bad faith, gross negligence, negligence or reckless disregard of obligations or duties hereunder or on the part of the Administrator or its corporate affiliatesAdministrator, the Administrator and its corporate affiliates shall not be subject liable to liability the Trust, the Funds, or to any shareholder of the Trust or to any Shareholder of the Trust Funds for any act or omission in the course of, or connected in connection with, rendering services hereunder or for any losses that may be sustained in the purchase, holding, holding or sale of any security or other instrumentsecurity.

Liabilities of the Administrator. A. In the absence of willful misfeasance, bad faith, gross negligence, or reckless disregard of obligations or duties hereunder or on the part of the Administrator or its corporate affiliates, the Administrator and its corporate affiliates shall not be subject to liability to the Trust or to any Shareholder of the Trust for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding, or sale of any security or other instrumentsecurity.