Common use of Liability of Sub-Adviser Clause in Contracts

Liability of Sub-Adviser. Neither the Sub-adviser nor any of its directors, officers or employees shall be liable to the Adviser or any Trust or Fund for any error of judgment or mistake of law or for any loss suffered by the Adviser, Trust or Fund in connection with the matters to which this Agreement relates, except for losses resulting from willful misfeasance, bad faith or gross negligence in the performance of, or from the reckless disregard of, the duties of the Sub-adviser or any of its directors.

Appears in 18 contracts

Samples: Sub Advisory Agreement (John Hancock Premium Dividend Fund), Sub Advisory Agreement (John Hancock Financial Opportunities Fund), Sub Advisory Agreement (John Hancock Investors Trust)

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Liability of Sub-Adviser. Neither the Sub-adviser Adviser nor any of its directors, officers or employees shall be liable to the Adviser or any the Trust or Fund for any error of judgment or mistake of law or for any loss suffered by the Adviser, Adviser or Trust or Fund in connection with the matters to which this Agreement relates, relates except for losses resulting from willful misfeasance, bad faith or gross negligence in the performance of, or from the reckless disregard of, the duties of the Sub-adviser Adviser or any of its directors.

Appears in 6 contracts

Samples: Investment Sub Advisory Agreement (John Hancock Tax-Advantaged Global Shareholder Yield Fund), Investment Sub Advisory Agreement (John Hancock Tax-Advantaged Global Shareholder Yield Fund), Interim Investment Sub Advisory Agreement (John Hancock Tax-Advantaged Global Shareholder Yield Fund)

Liability of Sub-Adviser. Neither the Sub-adviser nor any of its directors, officers or employees shall be liable to the Adviser or any the Trust or Fund for any error of judgment or mistake of law or for any loss suffered by the Adviser, Trust or Fund in connection with the matters to which this Agreement relates, except for losses resulting from willful misfeasance, bad faith or gross negligence in the performance of, or from the reckless disregard of, the duties of the Sub-adviser or any of its directors.

Appears in 5 contracts

Samples: Sub Investment Management Contract (Hancock John Capital Series), Sub Investment Management Contract (Hancock John Institutional Series Trust), Sub Investment Management Contract (Hancock John Capital Series)

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Liability of Sub-Adviser. Neither the Sub-adviser nor any of its directors, officers or employees shall be liable to the Adviser or any Trust or Fund the Company for any error of judgment or mistake of law or for any loss suffered by the Adviser, Trust Adviser or Fund the Company in connection with the matters to which this Agreement relates, except for losses resulting from willful misfeasance, bad faith or gross negligence in the performance of, or from the reckless disregard of, the duties of the Sub-adviser or any of its directors.

Appears in 1 contract

Samples: Sub Advisory Agreement (John Hancock Financial Trends Funds Inc)

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