Common use of Limitation on Liability, Indemnification and Additional Provisions Clause in Contracts

Limitation on Liability, Indemnification and Additional Provisions. A. Limitation on Liability To the fullest extent permitted by applicable law, the Investor hereby acknowledges that the Manager’s duties and responsibilities shall be limited to those imposed upon it by the Investment Management Agreement and any applicable law or regulation, and the Manager shall not otherwise be liable with respect to any act or omission in connection with the services rendered or not rendered under the investment management agreement, except for a loss resulting from fraud, bad faith, willful default or negligence in the performance or non-performance by the Manager or person designated by it of its obligations and functions, except as otherwise required by any applicable law (including ERISA).

Limitation on Liability, Indemnification and Additional Provisions. A. Limitation on Liability To the fullest extent permitted by applicable law, the Investor hereby acknowledges that the Manager’s duties and responsibilities shall be limited to those imposed upon it by the Investment Management Agreement and any applicable law or regulation, and the Manager shall not otherwise be liable with respect to any act or omission in connection with the services rendered or not rendered under the investment management agreement, except for a loss resulting from fraud, bad faith, willful wilful default or negligence in the performance or non-performance by the Manager or person designated by it of its obligations and functions, except as otherwise required by any applicable law (including ERISA).

Limitation on Liability, Indemnification and Additional Provisions. A. Limitation on Liability To the fullest extent permitted by applicable law, the Investor hereby acknowledges that the Manager’s Manager‟s duties and responsibilities shall be limited to those imposed upon it by the Investment Management Agreement and any applicable law or regulation, and the Manager shall not otherwise be liable with respect to any act or omission in connection with the services rendered or not rendered under the investment management agreement, except for a loss resulting from fraud, bad faith, willful default or negligence in the performance or non-performance by the Manager or person designated by it of its obligations and functions, except as otherwise required by any applicable law (including ERISA).