Common use of Limitation of Liability of JCC Clause in Contracts

Limitation of Liability of JCC. JCC shall not be liable for any error of judgment or mistake of law or for any loss arising out of any investment or for any act or omission taken with respect to the Trust, except for willful misfeasance, bad faith or gross negligence in the performance of its duties, or by reason of reckless disregard of its obligations and duties hereunder and except to the extent otherwise provided by law. As used in this Section 15, "JCC" shall include any affiliate of JCC performing services for the Trust contemplated hereunder and directors, officers and employees of JCC and such affiliates.

Appears in 36 contracts

Samples: Investment Advisory Agreement (Janus Investment Fund), Investment Advisory Agreement (Janus Investment Fund), Investment Advisory Agreement (Janus Investment Fund)

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Limitation of Liability of JCC. JCC shall not be liable for any error of judgment or mistake of law or for any loss arising out of any investment or for any act or omission taken with respect to the Trust, except for willful misfeasance, bad faith or gross negligence in the performance of its duties, or by reason of reckless disregard of its obligations and duties hereunder and except to the extent otherwise provided by law. As used in this Section 1514, "JCC" shall include any affiliate of JCC performing services for the Trust contemplated hereunder and directors, officers and employees of JCC and such affiliates.

Appears in 25 contracts

Samples: Investment Advisory Agreement (Janus Adviser Series), Investment Advisory Agreement (Janus Adviser Series), Investment Advisory Agreement (Janus Aspen Series)

Limitation of Liability of JCC. JCC shall not be liable for any error of judgment or mistake of law or law, for any loss arising out of any investment this Agreement, or for any act or omission taken with respect to the Trust, except for willful misfeasance, bad faith or gross negligence in the performance of its duties, or by reason of reckless disregard of its obligations and duties hereunder and except to the extent otherwise provided by law. As used in this Section 1512, "JCC" shall include any affiliate of JCC or any other person retained by JCC performing services for the Trust contemplated hereunder and directors, officers and employees of JCC and such affiliatesaffiliates or any such person.

Appears in 3 contracts

Samples: Administration Agreement (Janus Investment Fund), Administration Agreement (Janus Investment Fund), Administration Agreement (Janus Investment Fund)

Limitation of Liability of JCC. JCC shall not be liable for any error of judgment or mistake of law or law, for any loss arising out of any investment investment, or for any act or omission taken with respect to the Trust, except for willful misfeasance, bad faith or gross negligence in the performance of its duties, or by reason of reckless disregard of its obligations and duties hereunder and except to the extent otherwise provided by law. As used in this Section 1512, "JCC" shall include any affiliate of JCC performing services for the Trust contemplated hereunder and directors, officers and employees of JCC and such affiliates.

Appears in 3 contracts

Samples: Investment Advisory Agreement (Janus Investment Fund), Investment Advisory Agreement (Janus Investment Fund), Investment Advisory Agreement (Janus Investment Fund)

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Limitation of Liability of JCC. JCC shall not be liable for any error of judgment or mistake of law or law, for any loss arising out of any investment this Agreement, or for any act or omission taken with respect to the Trust, except for willful misfeasance, bad faith or gross negligence in the performance of its duties, or by reason of reckless disregard of its obligations and duties hereunder and except to the extent otherwise provided by law. As used in this Section 1512, "JCC" shall include any affiliate of JCC performing services for the Trust contemplated hereunder and directors, officers and employees of JCC and such affiliates.

Appears in 1 contract

Samples: Administration Agreement (Janus Investment Fund)

Limitation of Liability of JCC. JCC shall not be liable for any error of judgment or mistake of law or for any loss arising out of any investment or for any act or omission taken with respect to the Trust, except for willful misfeasance, bad faith or gross negligence in the performance of its duties, or by reason of reckless disregard of its obligations and duties hereunder and except to the extent otherwise provided by law. As used in this Section 156, "JCC" shall include any affiliate of JCC performing services for the Trust contemplated hereunder and directors, officers and employees of JCC and such affiliates.

Appears in 1 contract

Samples: Janus Adviser Series (Janus Adviser Series)

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