NON-LIABILITY OF MANAGER. In the absence of willful misfeasance, bad faith or gross negligence on the part of the Manager, or reckless disregard of its obligations and duties hereunder, the Manager shall not be subject to any liability to the Fund or to any shareholder of the Fund for any act or omission in the course of, or connected with, rendering services hereunder.
Appears in 257 contracts
Samples: Management Contract (Putnam Focused International Equity Fund), Putnam Variable Trust Management Contract (Putnam Variable Trust), Management Contract (Putnam High Yield Fund)
NON-LIABILITY OF MANAGER. In the absence of willful misfeasance, bad faith or gross negligence on the part of the Manager, or reckless disregard of its obligations and duties hereunder, the Manager shall not be subject to any liability to the Fund or to any shareholder of the Fund Fund, for any act or omission in the course of, or connected with, rendering services hereunder.
Appears in 111 contracts
Samples: Management Contract (Th Lee Putnam Investment Trust), Putnam Funds Trust, Putnam Global Equity Fund Management Contract (Putnam Diversified Equity Trust)
NON-LIABILITY OF MANAGER. In the absence of willful misfeasance, bad faith faith, or gross negligence on the part of the Manager, or reckless disregard of its obligations and duties hereunder, the Manager shall not be subject to any liability to the Fund Trust or to any shareholder of the Fund Trust for any act or omission in the course of, or connected with, rendering services hereunder.
Appears in 45 contracts
Samples: Management Contract (Schroder Series Trust), Management Contract (Schroder Series Trust), Schroder Series Trust Management Contract (Schroder Series Trust)
NON-LIABILITY OF MANAGER. (a) In the absence of willful misfeasance, bad faith faith, or gross negligence on the part of the Manager, or reckless disregard of its obligations and duties hereunder, the Manager shall not be subject to any liability to the Fund Trust or to any shareholder of the Fund Trust for any act or omission in the course of, or connected with, rendering services hereunder.
Appears in 14 contracts
Samples: Management Contract (Schroder Series Trust), Management Contract (Schroder Series Trust), Management Contract (Schroder Series Trust)
NON-LIABILITY OF MANAGER. In the absence of willful misfeasance, bad faith or gross negligence on the part of the Manager, or reckless disregard of its obligations and duties hereunder, the Manager shall not be subject to any liability to the Fund or to any shareholder of the Fund for any act or omission in the course of, or connected with, rendering services hereunder. 8.
Appears in 14 contracts
Samples: Putnam Municipal Opportunities Trust, Putnam Variable Trust Management Contract (Putnam Variable Trust), Resources Fund Management Contract (Putnam Global Natural Resources Fund)
NON-LIABILITY OF MANAGER. In the absence of willful misfeasance, bad faith or gross negligence on the part of the Manager, or reckless disregard of its obligations and duties hereunder, the Manager shall not be subject to any liability to the Fund or the Trust or to any shareholder of the Fund or the Trust for any act or omission in the course of, or connected with, rendering services hereunder.
Appears in 9 contracts
Samples: Management Contract (Stone Harbor Investment Funds), Management Contract (Stone Harbor Investment Funds), Management Contract (Stone Harbor Investment Funds)
NON-LIABILITY OF MANAGER. In the absence of willful misfeasance, bad faith or gross negligence on the part of the Manager, or reckless disregard of its obligations and duties hereunder, the Manager shall not be subject to any liability to the Fund Fund, or to any shareholder of the Fund Fund, for any act or omission in the course of, or connected with, rendering services hereunder.
Appears in 6 contracts
Samples: Management Contract (Putnam Tax Exempt Income Fund), Management Contract (Putnam Fund for Growth & Income), Management Contract (Putnam Fund for Growth & Income)
NON-LIABILITY OF MANAGER. In the absence of willful misfeasance, bad faith faith, or gross negligence on the part of the Manager, or reckless disregard of its obligations and duties hereunder, the Manager shall not be subject to any liability to the Fund or to any shareholder of the Fund for any act or omission in the course of, or connected with, rendering services hereunder.
Appears in 3 contracts
Samples: Management Contract (Americas Utility Fund Inc), Management Contract (Americas Utility Fund Inc), Americas Utility Fund Inc
NON-LIABILITY OF MANAGER. In the absence of willful misfeasance, bad faith faith, or gross negligence on the part of the Manager, or reckless disregard of its obligations and duties hereunder, the Manager shall not be subject to any liability to the Fund or the Trust or to any shareholder of the Fund or the Trust for any act or omission in the course of, or connected with, rendering services hereunder.
Appears in 2 contracts
Samples: Management Contract (Schroder Series Trust), Management Contract (Wsis Series Trust)
NON-LIABILITY OF MANAGER. In the absence of willful misfeasance, bad faith or gross negligence on the part of the Manager, or reckless disregard of its obligations and duties hereunder, the Manager shall not be subject to any liability to the Fund Company or to any shareholder of the Fund Company, including the Fund, for any act or omission in the course of, or connected with, rendering services hereunder.
Appears in 2 contracts
Samples: Management Contract (Putnam Investment Funds), Management Contract (Putnam Investment Funds)
NON-LIABILITY OF MANAGER. In the absence of willful misfeasance, bad faith faith, or gross negligence on the part of the Manager, or reckless disregard of its obligations and duties hereunder, the Manager shall not be subject to any liability to the Fund Trust or to any shareholder of the Fund Trust for any act or of omission in the course of, or connected with, rendering services hereunder.
Appears in 1 contract
Samples: Mentor Institutional Trust
NON-LIABILITY OF MANAGER. In the absence of willful misfeasance, bad faith or gross negligence on the part of the Manager, or reckless disregard of its obligations and duties hereunder, the Manager shall not be subject to any liability to the Fund or to any shareholder of the Fund for any act or omission in the course of, or connected with, rendering services hereunder.. 39310591_2
Appears in 1 contract
Samples: Interim Management Contract (Putnam Global Health Care Fund)
NON-LIABILITY OF MANAGER. In the absence of willful misfeasance, bad faith or gross negligence on the part of the Manager, or reckless disregard of its obligations and duties hereunder, the Manager shall not be subject to any liability to the Fund or to any shareholder of the Fund for any act or omission in the course of, or connected with, rendering services hereunder.. 39382405_4
Appears in 1 contract
NON-LIABILITY OF MANAGER. In the absence of willful misfeasance, bad faith or gross negligence on the part of the Manager, or reckless disregard of its obligations and duties hereunder, the Manager shall not be subject to any liability to the Fund or to any shareholder of the Fund Fund, for any act or omission in the course of, or connected with, rendering services hereunder. 8.
Appears in 1 contract
Samples: Management Contract (Putnam High Quality Bond Fund)
NON-LIABILITY OF MANAGER. In the absence of willful wilful misfeasance, bad faith or gross negligence on the part of the Manager, or reckless disregard of its obligations and duties hereunder, the Manager shall not be subject to any liability to the Fund or to any shareholder of the Fund Fund, for any act or omission in the course of, or connected with, rendering services hereunder.
Appears in 1 contract
NON-LIABILITY OF MANAGER. In the absence of willful misfeasance, bad faith or gross negligence on the part of the Manager, or reckless disregard of its obligations and duties hereunder, the Manager shall not be subject to any liability to the Fund or to any shareholder of the Fund for any act or omission in the course of, or connected with, rendering services hereunder.. 39312489_2
Appears in 1 contract
Samples: Interim Management Contract (Putnam U S Government Income Trust)
NON-LIABILITY OF MANAGER. In the absence of willful misfeasance, bad faith or gross negligence on the part of the Manager, or reckless disregard of its obligations and duties hereunder, the Manager shall not be subject to any liability to the Trust, any Fund or to any shareholder of the Fund Trust or any Fund, for any act or omission in the course of, or connected with, rendering services hereunder.
Appears in 1 contract
Samples: Putnam Investment Funds Management Contract (Putnam Investment Funds)
NON-LIABILITY OF MANAGER. In the absence of willful misfeasance, bad faith faith, or gross negligence on the part of the Manager, or reckless disregard of its obligations and duties hereunder, the Manager shall not be subject to any any-liability to the Fund Trust or to any shareholder of the Fund Trust for any act or omission in the course of, or connected with, with rendering services hereunder.
Appears in 1 contract
NON-LIABILITY OF MANAGER. In the absence of willful misfeasance, bad faith or gross negligence on the part of the Manager, or reckless disregard of its obligations and duties hereunder, the Manager shall not be subject to any liability to the Fund or to any shareholder of the Fund for any act or omission in the course of, or connected with, rendering services hereunder.. 39312598_3
Appears in 1 contract
NON-LIABILITY OF MANAGER. In the absence of willful misfeasance, bad faith or gross negligence on the part of the Manager, or reckless disregard of its obligations and duties hereunder, the Manager shall not be subject to any liability to the Fund or to any shareholder of the Fund for any act or omission in the course of, or connected with, rendering services hereunder.. 39396344_4
Appears in 1 contract
