Limitation of Liability of Adviser and its Personnel. The Adviser shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Fund in connection with the performance of this Agreement, except a loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services or a loss resulting from willful misfeasance, bad faith or gross negligence on the part of the Adviser in the performance of its duties or from reckless disregard by it of its obligations and duties under this Agreement.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Multi-Strategy Growth & Income Fund), Investment Advisory Agreement (Multi-Strategy Growth & Income Fund)
