Common use of LIABILITY OF ALLSTATE Clause in Contracts

LIABILITY OF ALLSTATE. In the absence of Allstate's willful or negligent misconduct (or the willful or negligent misconduct of its officers, directors, agents, employees, controlling persons, shareholders, and any other person or entity affiliated with Allstate or retained by it to perform or assist in the performance of its obligations under this Agreement), neither Allstate nor any of its officers, directors, employees or agents shall be subject to liability to AFFILIATE for any act or omission in the course of, or connected with, rendering services hereunder.

Appears in 3 contracts

Samples: Tax Sharing Agreement (Northbrook Life Insurance Co), Service and Expense Agreement (Northbrook Life Insurance Co), Service and Expense Agreement (Allstate Life Insurance Co)

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LIABILITY OF ALLSTATE. In the absence of Allstate's willful or negligent misconduct (or the willful or negligent misconduct of its officers, directors, agents, employees, controlling persons, shareholders, and any other person or entity affiliated with Allstate or retained by it to perform or assist in the performance of its obligations under this Agreement), neither Allstate nor any of its officers, directors, employees or agents shall be subject to liability to AFFILIATE ILIC for any act or omission in the course of, or connected with, rendering services hereunder.

Appears in 1 contract

Samples: Investment Advisory Agreement (Allstate Life Insurance Co)

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