Common use of Liability of Sub-Adviser Clause in Contracts

Liability of Sub-Adviser. In the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of the Sub-Adviser or any of its officers, directors or employees, the Sub-Adviser shall not be subject to liability to the Investment Adviser 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.

Appears in 24 contracts

Samples: Subadvisory Agreement (Ing Funds Trust), Subadvisory Agreement (Ing Funds Trust), Subadvisory Agreement (Ing Funds Trust)

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Liability of Sub-Adviser. In the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of the Sub-Adviser or any of its officers, directors or employees, the Sub-Adviser shall not be subject to liability to the Investment Adviser 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.

Appears in 8 contracts

Samples: Sub Advisory Agreement (Aim Equity Funds Inc), Sub Advisory Agreement (Aim Equity Funds Inc), Sub Advisory Agreement (Aim Equity Funds)

Liability of Sub-Adviser. In the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of the Sub-Adviser or any of its officers, directors directors, employees or employeesagents, the Sub-Adviser shall not be subject to liability to the Investment Adviser or to the Company 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.

Appears in 8 contracts

Samples: Sub Advisory Agreement (Nations Fund Inc), Sub Advisory Agreement (Nations Lifegoal Funds Inc), Sub Advisory Agreement (Nations Lifegoal Funds Inc)

Liability of Sub-Adviser. In the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of the Sub-Adviser or any of its officers, directors or employees, the Sub-Adviser shall not be subject to liability to the Investment Adviser for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that than may be sustained in the purchase, holding or sale of any security.

Appears in 6 contracts

Samples: Subadvisory Agreement (Ing Funds Trust), Subadvisory Agreement (Ing Funds Trust), Subadvisory Agreement (Ing Funds Trust)

Liability of Sub-Adviser. In In. the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of the Sub-Adviser or any of its officers, directors or employees, the Sub-Adviser shall not be subject to liability to the Investment Adviser 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.

Appears in 2 contracts

Samples: Subadvisory Agreement (Ing Funds Trust), Subadvisory Agreement (Pilgrim Funds Trust)

Liability of Sub-Adviser. In the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of the Sub-Adviser or any of its officers, directors directors, employees or employeesagents, the Sub-Adviser shall not be subject to liability to the Investment Adviser or to the Company 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.

Appears in 2 contracts

Samples: Sub Advisory Agreement (Nations Fund Portfolios Inc), Sub Advisory Agreement (Nations Fund Inc)

Liability of Sub-Adviser. In the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of the Sub-Adviser or any of its officers, directors or employees, the Sub-Adviser shall not be subject to liability to the Investment Adviser 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.rendering

Appears in 1 contract

Samples: Subadvisory Agreement (Ing Funds Trust)

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Liability of Sub-Adviser. In the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of the Sub-Adviser or any of its officers, directors directors, employees or employeesagents, the Sub-Adviser shall not be subject to liability to the Investment Adviser or to 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.

Appears in 1 contract

Samples: Sub Advisory Agreement (Nations Institutional Reserves)

Liability of Sub-Adviser. In the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of the Sub-Adviser or any of its officers, directors directors, employees or employeesagents, the Sub-Adviser shall not be subject to liability to the Investment Adviser or to the Trustees 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.

Appears in 1 contract

Samples: Sub Advisory Agreement (Nations Fund Trust)

Liability of Sub-Adviser. In the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of the Sub-Adviser or any of its officers, directors or employees, the Sub-Adviser shall not be subject to liability to the Investment Adviser 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.,

Appears in 1 contract

Samples: Subadvisory Agreement (Ing Funds Trust)

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