Common use of Liability of Sub-Adviser Clause in Contracts

Liability of Sub-Adviser. No provision of this Agreement shall be deemed to protect the Sub-Adviser against any liability to the Trust or its shareholders to which it might otherwise be subject by reason of any willful misfeasance, bad faith, or gross negligence in the performance of its duties or the reckless disregard of its obligations under this Agreement.

Appears in 15 contracts

Samples: Investment Sub Advisory Agreement (American Independence Funds Trust), Interim Investment Sub Advisory Agreement (American Independence Funds Trust), Investment Sub Advisory Agreement (American Independence Funds Trust)

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Liability of Sub-Adviser. No provision of this Agreement shall will be deemed to protect the Sub-Adviser against any liability to the Trust Adviser or to the Fund or its shareholders to which it might otherwise be subject by reason of any willful misfeasance, bad faith, faith or gross negligence in the performance of its duties or the reckless disregard of its obligations under this Agreement.

Appears in 10 contracts

Samples: Sub Advisory Agreement (Vanguard Whitehall Funds), Sub Advisory Agreement (Vanguard Whitehall Funds), Sub Advisory Agreement (Vanguard Whitehall Funds)

Liability of Sub-Adviser. No provision of this Agreement shall will be deemed to protect the Sub-Adviser against any liability to the Trust Adviser or to the Fund or its shareholders to which it might otherwise be subject by reason of any willful misfeasance, bad faith, or gross negligence in the performance of its duties or the reckless disregard of its obligations under this Agreement.

Appears in 3 contracts

Samples: Sub Advisory Agreement (Vanguard Variable Insurance Funds), Sub Advisory Agreement (Vanguard Variable Insurance Funds), Investment Advisory Agreement (Vanguard Variable Insurance Funds)

Liability of Sub-Adviser. No provision of this Agreement shall will be deemed to protect the Sub-Adviser against any liability to the Trust Adviser or to the Portfolio or its shareholders to which it might otherwise be subject by reason of any willful misfeasance, bad faith, faith or gross negligence in the performance of its duties or the reckless disregard of its obligations under this Agreement.

Appears in 2 contracts

Samples: Sub Advisory Agreement (Vanguard Variable Insurance Fund), Sub Advisory Agreement (Vanguard Variable Insurance Fund)

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Liability of Sub-Adviser. No provision of this Interim Agreement shall be deemed to protect the Sub-Adviser against any liability to the Trust or its shareholders to which it might otherwise be subject by reason of any willful misfeasance, bad faith, or gross negligence in the performance of its duties or the reckless disregard of its obligations under this Interim Agreement.

Appears in 1 contract

Samples: Interim Agreement (American Independence Funds Trust)

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