Common use of Limitation of NLCS Liability Clause in Contracts

Limitation of NLCS Liability. For all claims of damages relating to NLCS’s performance under this Agreement, including penalties and interest, and regardless of the form of claim or action, whether in contract, tort, strict liability or otherwise, including, without limitation, claims for any NLCS error or other breach of its obligations hereunder, NLCS’s total liability shall not exceed an amount equal to the fees paid under this Agreement during the immediately preceding twelve (12) month period (or the actual time period NLCS has been engaged if such time period is less than twelve (12) months).

Appears in 38 contracts

Samples: Consulting Agreement (Dupree Mutual Funds), Consulting Agreement (Ultimus Managers Trust), Consulting Agreement (North Square Evanston Multi-Alpha Fund)

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Limitation of NLCS Liability. For all claims of damages relating to NLCS’s performance under this Agreement, including penalties and interest, and regardless of the form of claim or action, whether in contract, tort, strict liability or otherwise, including, without limitation, claims for any NLCS error or other breach of its obligations hereunder, NLCS’s total liability shall not exceed an amount equal to the fees paid under this Agreement during the immediately preceding twelve twenty-four (1224) month period (or the actual time period NLCS has been engaged if such time period is less than twelve twenty-four (1224) months).

Appears in 1 contract

Samples: Consulting Agreement (Exchange Place Advisors Trust)

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Limitation of NLCS Liability. For all claims of damages relating to NLCS’s 's performance under this Agreement, including penalties and interest, and regardless of the form of claim or action, whether in contract, tort, strict liability or otherwise, including, without limitation, claims for any NLCS error or other breach of its obligations hereunder, NLCS’s 's total liability shall not exceed an amount equal to the fees paid under this Agreement during the immediately preceding twelve (12) month period (or the actual time period NLCS has been engaged if such time period is less than twelve (12) months).

Appears in 1 contract

Samples: Consulting Agreement (Two Roads Shared Trust)

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