Common use of Limitation on Amount and Time for Bringing Action Clause in Contracts

Limitation on Amount and Time for Bringing Action. Each Fund agrees any liability of State Street to the Fund or any third party arising out of State Street's provision of Data Access Services or the System under this Agreement shall be limited to the amount paid by the Fund for the preceding 24 months for such services. In no event shall State Street be liable to the Fund or any other party for any special, indirect, punitive or consequential damages even if advised of the possibility of such damages. No action, regardless of form, arising out of this Agreement may be brought by the Fund more than two years after the Fund has knowledge that the cause of action has arisen.

Appears in 8 contracts

Samples: Data Access Services Addendum to Custodian Agreement (State Street Research Financial Trust), Data Access Services Addendum (State Street Research Securities Trust), Data Access Services Addendum (State Street Research Exchange Trust)

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Limitation on Amount and Time for Bringing Action. Each Fund agrees ------------------------------------------------- any liability of State Street to the Fund or any third party arising out of State Street's provision of Data Access Services or the System under this Agreement shall be limited to the amount paid by the Fund for the preceding 24 months for such services. In no event shall State Street be liable to the Fund or any other party for any special, indirect, punitive or consequential damages even if advised of the possibility of such damages. No action, regardless of form, arising out of this Agreement may be brought by the Fund more than two years after the Fund has knowledge that the cause of action has arisen.

Appears in 4 contracts

Samples: Custodian Contract (Cigna Institutional Funds Group), Custodian Contract (Cigna Variable Products Group), Custodian Contract (Cigna Variable Products Group)

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