Common use of Limitation of Liability of Manager Clause in Contracts

Limitation of Liability of Manager. As an inducement to your undertaking to render services pursuant to this Agreement, the Trust agrees that you shall not be liable under this Agreement for any error of judgment or mistake of law or for any loss suffered by the Fund in connection with the matters to which this Agreement relates, provided that nothing in this Agreement shall be deemed to protect or purport to protect you against any liability to the Trust, the Fund or its shareholders to which you would otherwise be subject by reason of willful misfeasance, bad faith or gross negligence in the performance of your duties, or by reason of your reckless disregard of your obligations and duties hereunder.

Appears in 420 contracts

Samples: Investment Management Agreement (Deutsche DWS Investment Trust), Investment Management Agreement (Deutsche DWS Investment Trust), Investment Management Agreement (DWS Variable Series Ii)

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Limitation of Liability of Manager. As an inducement to your undertaking to render services pursuant to this Agreement, the Trust Corporation agrees that you shall not be liable under this Agreement for any error of judgment or mistake of law or for any loss suffered by the Fund in connection with the matters to which this Agreement relates, provided that nothing in this Agreement shall be deemed to protect or purport to protect you against any liability to the TrustCorporation, the Fund or its shareholders to which you would otherwise be subject by reason of willful misfeasance, bad faith or gross negligence in the performance of your duties, or by reason of your reckless disregard of your obligations and duties hereunder.

Appears in 53 contracts

Samples: Investment Management Agreement (DWS Value Series, Inc), Investment Management Agreement (Kemper Value Series Inc), Investment Management Agreement (Scudder Value Series Inc)

Limitation of Liability of Manager. As an inducement to your undertaking to render services pursuant to this Agreement, the Trust agrees that you shall not be liable under this Agreement for any error of judgment or mistake of law or for any loss suffered by the a Fund in connection with the matters to which this Agreement relates, provided that nothing in this Agreement shall be deemed to protect or purport to protect you against any liability to the Trust, the Fund Funds or its their shareholders to which you would otherwise be subject by reason of willful misfeasance, bad faith or gross negligence in the performance of your duties, or by reason of your reckless disregard of your obligations and duties hereunder.

Appears in 22 contracts

Samples: Investment Management Agreement (Cash Equivalent Fund), Investment Management Agreement (Investors Cash Trust), Investment Management Agreement (Zurich Money Funds)

Limitation of Liability of Manager. As an inducement to your undertaking to render services pursuant to this Agreement, the Trust agrees that you shall not be liable under this Agreement for any error of judgment or mistake of law or for any loss suffered by the Fund Funds in connection with the matters to which this Agreement relates, provided that nothing in this Agreement shall be deemed to protect or purport to protect you against any liability to the Trust, the Fund Funds or its their shareholders to which you would otherwise be subject by reason of willful misfeasance, bad faith or gross negligence in the performance of your duties, or by reason of your reckless disregard of your obligations and duties hereunder.

Appears in 12 contracts

Samples: Investment Management Agreement (Cash Account Trust), Investment Management Agreement (Cash Account Trust), Investment Management Agreement (Cash Account Trust)

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Limitation of Liability of Manager. As an inducement to your undertaking to render services pursuant to this Agreement, the Trust agrees that you shall not be liable under this Agreement for any error of judgment or mistake of law or for any loss suffered by the Fund in connection with the matters to which this Agreement relates, provided that nothing in this Agreement shall be deemed to protect or purport to protect you against any liability to the Trust, the Fund or its shareholders to which you would otherwise be subject by reason of willful misfeasance, bad faith or gross negligence in the performance of your duties, or 106 by reason of your reckless disregard of your obligations and duties hereunder.

Appears in 1 contract

Samples: Investment Management Agreement (Investors Fund Series)

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