Common use of Liability of Consultant Clause in Contracts

Liability of Consultant. 6.01 In furnishing the Company with investment advice and management and other services as herein provided, neither the Consultant, nor any officer, director, or agent thereof shall be held liable to the Company or its creditors or stockholders for errors of judgment or for anything except willful misfeasance, bad faith, or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the terms of this Agreement.

Appears in 5 contracts

Samples: Investment Consultant Agreement (American Fidelity Separate Account C), Investment Consultant Agreement (American Fidelity Separate Account B), Investment Consultant Agreement (American Fidelity Separate Account A)

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Liability of Consultant. 6.01 In furnishing the Company with investment advice and management and other the services as herein provideddescribed herein, neither the Consultant, nor any officer, director, or agent thereof shall be held liable to the Company or its creditors or stockholders for errors of judgment or for anything except willful misfeasance, bad faith, or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the terms of this Agreement.

Appears in 3 contracts

Samples: Investment Consultant Agreement (American Fidelity Separate Account A), Investment Consultant Agreement (American Fidelity Separate Account B), Investment Consultant Agreement (American Fidelity Separate Account C)

Liability of Consultant. 6.01 In furnishing a. Neither the Company with investment advice and management and other services as herein provided, neither the Consultant, Consultant nor any officerof its directors, director, officers or agent thereof employees shall be held liable to the Company Adviser, any subadviser or its creditors or stockholders the Fund for errors any error of judgment or mistake of law or for anything any loss suffered by the Adviser, any subadviser or the Fund in connection with the matters to which this Agreement relates except for losses resulting from willful misfeasance, bad faith, faith or gross negligence in the performance of, or from the reckless disregard of, the duties of the Consultant or any of its duties, or reckless disregard of its obligations and duties under the terms of this Agreementdirectors.

Appears in 2 contracts

Samples: Fund Consulting Agreement (John Hancock Tax-Advantaged Global Shareholder Yield Fund), Fund Consulting Agreement (John Hancock Tax-Advantaged Global Shareholder Yield Fund)

Liability of Consultant. 6.01 In furnishing the Company with investment advice and management and other services as herein provided, neither the Consultant, nor any officer, director, or agent thereof shall be held liable to the Company or its creditors or stockholders for errors of judgment or for anything except willful misfeasance, bad faith, or gross negligence in the performance of its it duties, or reckless disregard of its obligations and duties under the terms of this Agreementagreement.

Appears in 2 contracts

Samples: Investment Consultant Agreement (American Fidelity Separate Account C), Investment Consultant Agreement (American Fidelity Dual Strategy Fund Inc)

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Liability of Consultant. 6.01 In furnishing the Company with investment management advice and management and other services as herein provided, neither the Consultant, Consultant nor any officer, director, director or agent thereof shall be held liable to the Company or its creditors or stockholders for errors of judgment or for anything except willful misfeasancemalfeasance, bad faith, faith or gross negligence in the performance of its duties, duties or reckless disregard of its obligations and duties under the terms of this Agreement.agreement;

Appears in 1 contract

Samples: Consulting Agreement (American Energy Production Inc)

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