Liability for Investments Sample Clauses
The 'Liability for Investments' clause defines the extent to which parties are responsible for losses or obligations arising from investment activities under the agreement. Typically, this clause clarifies whether one or both parties bear the risk of investment losses, and may specify exclusions or limitations on liability, such as not being responsible for market fluctuations or third-party actions. Its core function is to allocate financial risk between the parties, ensuring that each understands their exposure and helping to prevent disputes over responsibility for investment outcomes.
Liability for Investments. The Custodian shall not be liable or held responsible for any loss or depreciation in the value of the account resulting from any investments or changes in investments made as aforesaid. The Custodian is not at any time under any duty to supervise the investment of, or to advise or make any recommendation for the purchase, sale, retention or disposition of securities. The Custodian shall not be responsible for delays or failures in performance resulting from acts beyond its control. Such acts shall include, but not be limited to acts of God, strikes, riots, acts of war, epidemics, governmental regulations superimposed after the fact, fire, communication line failures, power failures, earthquakes or other disasters.
Liability for Investments. Neither the Corporation nor the Trustee shall have any liability arising out of or in connection with the making of any investment authorized by the provisions of this Article VI, in the manner provided in this Article VI, for any depreciation in value of any such investment, or for any loss, fee, tax or other charge, direct or indirect, resulting from any such investment, reinvestment or liquidation of an investment.
Liability for Investments. Subject to any contrary mandatory requirements of applicable law, GEIC shall not be liable for any losses on investments made in good faith, provided that GEIC shall not have been grossly negligent.
Liability for Investments. Neither the CorporatioTh Thor the Trustee shall have aThy liability arisiThg out of or iTh coThThectioTh with the makiThg of aThy iThvestmeTht authorized by the provisioThs of this Article VI, iTh the manTher provided iTh this Article VI, for aThy depreciatioTh iTh value of aThy such iThvestmeTht, or for aThy loss, fee, tax or other charge, direct or indirect, resultiThg from aThy such iThvestmeTht, reiThvestmeTht or liquidatioTh of aTh iThvestmeTht.
Liability for Investments. Subject to any contrary mandatory requirements of applicable law, GEI shall not be liable for any losses on investments made in good faith, provided that GEI shall not have been grossly negligent.
Liability for Investments. Neither the Qualified Issuer nor the Master Servicer/Trustee shall be liable for any losses incurred for making any investment authorized by the provisions of this Agreement to Guarantee, in the manner provided in this Agreement to Guarantee, for any depreciation in value of any obligation, or for any loss, direct or indirect, resulting from any such investment.