Common use of LIABILITY OF SUBADVISER Clause in Contracts

LIABILITY OF SUBADVISER. Notwithstanding anything herein to the contrary, neither Subadviser, nor any of its officers or employees, shall be liable to Adviser, the Trust or the Fund for any loss resulting from Subadviser’s acts or omissions as Subadviser to the Fund under this Agreement, except to the extent any such losses result from bad faith, willful misfeasance, reckless disregard or gross negligence on the part of Subadviser or any of its members or employees in the performance of Subadviser’s duties and obligations under this Agreement. The Subadviser shall not be liable for any third parties.

Appears in 37 contracts

Samples: Subadvisory Agreement (Federated Hermes Adviser Series), Subadvisory Agreement (Federated Hermes Adviser Series), Subadvisory Agreement (Federated Hermes Adviser Series)

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LIABILITY OF SUBADVISER. Notwithstanding anything herein to the contrary, neither Subadviser, nor any of its officers or employees, shall be liable to Adviser, the Trust or the Fund for any loss resulting from Subadviser’s acts or omissions as Subadviser to the Fund under this Agreement, except to the extent any such losses result from bad faith, willful misfeasance, reckless disregard or gross negligence on the part of Subadviser or any of its members or employees in the performance of Subadviser’s duties and obligations under this Agreement. The Subadviser shall not be liable for any third parties.

Appears in 16 contracts

Samples: Subadvisory Agreement (Federated Hermes Adviser Series), Subadvisory Agreement (Federated Hermes Adviser Series), Subadvisory Agreement (Federated Hermes Adviser Series)

LIABILITY OF SUBADVISER. Notwithstanding anything herein to the contrary, neither Subadviser, nor any of its officers partners, members or employees, shall be liable to Adviser, the Trust or the Fund for any loss resulting from Subadviser’s acts or omissions as Subadviser to the Fund under this Agreement, except to the extent any such losses result from bad faith, willful misfeasance, reckless disregard or gross negligence on the part of Subadviser or any of its members or employees in the performance of Subadviser’s duties and obligations under this Agreement. The Subadviser shall not be liable for any third parties.

Appears in 14 contracts

Samples: Subadvisory Agreement (Federated Hermes Core Trust III), Subadvisory Agreement (Federated Hermes Core Trust), Subadvisory Agreement (Federated Hermes Core Trust)

LIABILITY OF SUBADVISER. Notwithstanding anything herein to the contrary, neither Subadviser, nor any of its officers or employees, shall be liable to Adviser, the Trust Corporation or the Fund for any loss resulting from Subadviser’s acts or omissions as Subadviser to the Fund under this Agreement, except to the extent any such losses result from bad faith, willful misfeasance, reckless disregard or gross negligence on the part of Subadviser or any of its members or employees in the performance of Subadviser’s duties and obligations under this Agreement. The Subadviser shall not be liable for any third parties.

Appears in 3 contracts

Samples: Subadvisory Agreement (Federated Hermes World Investment Series, Inc.), Subadvisory Agreement (Federated Hermes World Investment Series, Inc.), Subadvisory Agreement (Federated World Investment Series Inc)

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LIABILITY OF SUBADVISER. Notwithstanding anything herein to the contrary, neither Subadviser, nor any of its officers or employees, shall be liable to Adviser, the Trust Company or the Fund for any loss resulting from Subadviser’s acts or omissions as Subadviser to the Fund under this Agreement, except to the extent any such losses result from bad faith, willful misfeasance, reckless disregard or gross negligence on the part of Subadviser or any of its members or employees in the performance of Subadviser’s duties and obligations under this Agreement. The Subadviser shall not be liable for any third parties.

Appears in 2 contracts

Samples: Form of Subadvisory Agreement (Federated Hermes Sustainable High Yield Bond Fund, Inc.), Form of Subadvisory Agreement (Federated Hermes Sustainable High Yield Bond Fund, Inc.)

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