Common use of Liability; Standard of Care Clause in Contracts

Liability; Standard of Care. Notwithstanding anything herein to the contrary, neither the Adviser, nor any of its directors, officers or employees, shall be liable to the Fund for any loss resulting from the Adviser's acts or omissions as the Adviser to the Portfolio, except to the extent any such losses result from bad faith, willful misfeasance, reckless disregard or gross negligence on the part of the Adviser or any of its directors, officers or employees in the performance of the Adviser's duties and obligations under this Contract.

Appears in 9 contracts

Samples: Management Contract (Fidelity Oxford Street Trust), Management Contract (Fidelity Oxford Street Trust II), Management Contract (Fidelity Oxford Street Trust)

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Liability; Standard of Care. Notwithstanding anything herein to the contrary, neither the Adviser, nor any of its directors, officers or employees, shall be liable to the Fund for any loss resulting from the Adviser's ’s acts or omissions as the Adviser to the Portfolio, except to the extent any such losses result from bad faith, willful misfeasance, reckless disregard or gross negligence on the part of the Adviser or any of its directors, officers or employees in the performance of the Adviser's ’s duties and obligations under this Contract.

Appears in 6 contracts

Samples: Management Contract (Fidelity Oxford Street Trust), Management Contract (Fidelity Oxford Street Trust), Management Contract (Fidelity Oxford Street Trust)

Liability; Standard of Care. Notwithstanding anything herein to the contrary, neither the Adviser, nor any of its directors, officers or employees, shall be liable to the Fund Trust for any loss resulting from the Adviser's ’s acts or omissions as the Adviser to the PortfolioFund, except to the extent any such losses result from bad faith, willful misfeasance, reckless disregard or gross negligence on the part of the Adviser or any of its directors, officers or employees in the performance of the Adviser's ’s duties and obligations under this Contract.

Appears in 3 contracts

Samples: Management Contract (Fidelity Oxford Street Trust), Management Contract (Fidelity Oxford Street Trust), Management Contract (Fidelity Oxford Street Trust)

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Liability; Standard of Care. Notwithstanding anything herein to the contrary, neither the Adviser, nor any of its directors, officers or employees, shall be liable to the Fund for any loss resulting from the Adviser's acts or omissions as the Adviser to the Portfolio, except to the extent any such losses result from bad faith, willful misfeasance, reckless disregard or gross negligence on the part of the Adviser or any of its directors, officers or employees in the performance of the Adviser's ’s duties and obligations under this Contract.

Appears in 1 contract

Samples: Management Contract (Fidelity Oxford Street Trust II)

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