Common use of Limitation of Liabilities; Indemnification Clause in Contracts

Limitation of Liabilities; Indemnification. (a) The Placement Agent and its directors, officers, members and employees (each, an “Indemnitee”) shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Companies in connection with the Placement Agent’s obligations and duties under this Agreement, except a loss resulting from fraud, willful misconduct or gross negligence in the performance of such obligations and duties.

Appears in 6 contracts

Samples: Placement Agent Agreement (Wells Fargo Multi-Strategy 100 Fund A, LLC), Placement Agent Agreement (Wells Fargo Multi-Strategy 100 Tei Fund A, LLC), Placement Agent Agreement (Wells Fargo Multi-Strategy 100 Tei Fund A, LLC)

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Limitation of Liabilities; Indemnification. (a) The Placement Agent and its directors, officers, members and employees (each, an “Indemnitee”) shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Companies Trust in connection with the Placement Agent’s obligations and duties under this Agreement, except a loss resulting from fraud, willful misconduct or gross negligence in the performance of such obligations and duties.

Appears in 3 contracts

Samples: Form of Placement Agent Agreement (ASGI Agility Income Fund), Placement Agent Agreement (ASGI Agility Income Fund), Form of Placement Agent Agreement (ASGI Agility Income Fund)

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