Limitation of Liability of Manager. Manager 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 in the execution of securities transactions for a Fund, 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. As used in this Section 5, the term "SSB Citi" shall include directors, officers and employees of Manager as well as Manager itself.
Appears in 5 contracts
Samples: Management Agreement (Citifunds Trust Ii), Management Agreement (Citifunds Fixed Income Trust), Management Agreement (Citifunds Trust Ii)
Limitation of Liability of Manager. The Manager 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 in the execution of securities transactions for a Fund, 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. As used in this Section 5, the term "SSB CitiCFM" shall include directors, officers and employees of the Manager as well as the Manager itself.
Appears in 4 contracts
Samples: Management Agreement (Citifunds Tax Free Income Trust), Management Agreement (Citifunds Tax Free Income Trust), Management Agreement (Citifunds Institutional Trust)
Limitation of Liability of Manager. Manager Xxxxx Xxxxxx Management 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 in the execution of securities transactions for a Fund, 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. As used in this Section 5, the term "SSB CitiXxxxx Xxxxxx Management" shall include directors, officers and employees of the Manager as well as the Manager itself.
Appears in 3 contracts
Samples: Management Agreement (Smith Barney Investment Series), Management Agreement (Smith Barney Trust Ii), Management Agreement (Smith Barney Trust Ii)
Limitation of Liability of Manager. Manager Xxxxx Xxxxxx Management 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 in the execution of securities transactions for a the Fund, 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. As used in this Section 5, the term "SSB CitiXxxxx Xxxxxx Management" shall include directors, officers and employees of the Manager as well as the Manager itself.
Appears in 3 contracts
Samples: Management Agreement (Smith Barney Trust Ii), Management Agreement (Smith Barney Trust Ii), Management Agreement (Smith Barney Trust Ii)
Limitation of Liability of Manager. The Manager 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 in the execution of securities transactions for a Fund, 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. As used in this Section 5, the term "SSB Citi" shall include directors, officers and employees of the Manager as well as the Manager itself.
Appears in 2 contracts
Samples: Management Agreement (Variable Annuity Portfolios /), Management Agreement (Citifunds International Trust)
Limitation of Liability of Manager. Manager 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 in the execution of securities transactions for a the Fund, 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. As used in this Section 5, the term "SSB Citi" shall include directors, officers and employees of Manager as well as Manager itself.
Appears in 2 contracts
Samples: Management Agreement (Citifunds Trust I), Management Agreement (Citifunds Trust I)
Limitation of Liability of Manager. Manager 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 in the execution of securities transactions for a Fund, 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. As used in this Section 5, the term "SSB CitiCiti Management" shall include directors, officers and employees of the Manager as well as the Manager itself.
Appears in 2 contracts
Samples: Management Agreement (Smith Barney Trust Ii), Management Agreement (Smith Barney Trust Ii)
Limitation of Liability of Manager. Manager Xxxxx Xxxxxx Management 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 in the execution of securities transactions for a Fund, 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. As used in this Section 5, the term "SSB CitiXxxxx Xxxxxx Management" shall include directors, officers and employees of the Manager as well as the Manager itself.
Appears in 1 contract
Samples: Management Agreement (Smith Barney Investment Series)
Limitation of Liability of Manager. Manager 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 in the execution of securities transactions for a the Fund, 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. As used in this Section 5, the term "SSB Citi" shall include directors, officers and employees of Manager as well as Manager itself.term
Appears in 1 contract
