Common use of LIABILITY OF INVESTMENT ADVISER Clause in Contracts

LIABILITY OF INVESTMENT ADVISER. Investment Adviser will deal in good faith and with due diligence and will use reasonable skill and care in the performance of its duties under this Agreement. Investment Adviser shall not be liable for any error of judgment, mistake of law, or for any loss suffered by the Account in connection with Investment Adviser’s discharge of its responsibilities under this Agreement, except for loss resulting from a breach of Investment Adviser’s obligations with respect to the Account. Nothing contained in this Agreement shall constitute a waiver or limitation of rights that the Division may have under federal or state securities laws.

Appears in 5 contracts

Samples: Investment Adviser Agreement, Investment Adviser Agreement, Investment Adviser Agreement

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