Common use of NONLIABILITY OF SUB-ADVISER Clause in Contracts

NONLIABILITY OF SUB-ADVISER. (a) In the absence of willful misfeasance, bad faith or gross negligence on the part of the Sub-Adviser, or reckless disregard of its obligations and duties hereunder, the Sub-Adviser 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 18 contracts

Samples: Sub Advisory Agreement (Lincoln Variable Insurance Products Trust), Sub Advisory Agreement (Lincoln Variable Insurance Products Trust), Sub Advisory Agreement (Lincoln Variable Insurance Products Trust)

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NONLIABILITY OF SUB-ADVISER. (a) In the absence of willful misfeasance, bad faith or gross negligence on the part of the Sub-Adviser, or reckless disregard of its obligations and duties hereunder, the Sub-Adviser 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 16 contracts

Samples: Sub Advisory Agreement (Lincoln Variable Insurance Products Trust), Sub Advisory Agreement (Lincoln Variable Insurance Products Trust), Sub Advisory Agreement (Lincoln Variable Insurance Products Trust)

NONLIABILITY OF SUB-ADVISER. (a) In the absence of willful misfeasance, bad faith or gross negligence on the part of the Sub-Adviser, or reckless disregard of its obligations and duties hereunder, the Sub-Adviser shall not be subject to any liability to the Fund or Trust, to any shareholder of the FundTrust or to the Manager, for any act or omission in the course of, or connected with, rendering services hereunder.

Appears in 6 contracts

Samples: Sub Adviser Agreement (Allmerica Investment Trust), Sub Adviser Agreement (Allmerica Investment Trust), Sub Adviser Agreement (Allmerica Investment Trust)

NONLIABILITY OF SUB-ADVISER. (a) In the absence of willful misfeasance, bad faith or gross negligence on the part of the Sub-AdviserAdviser (and its officers, directors, agents and employees), or reckless disregard of its obligations and duties hereunder, the Sub-Adviser 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 6 contracts

Samples: Sub Advisory Agreement (Lincoln Variable Insurance Products Trust), Sub Advisory Agreement (Lincoln Variable Insurance Products Trust), Sub Advisory Agreement (Lincoln Variable Insurance Products Trust)

NONLIABILITY OF SUB-ADVISER. (a) In Except as provided in Section 9(a), in the absence of willful misfeasance, bad faith or gross negligence on the part of the Sub-Adviser, or reckless disregard of its obligations and duties hereunder, the Sub-Adviser shall not be subject to any liability to the Adviser, the Trust, 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 4 contracts

Samples: Sub Advisory Agreement (Lincoln Variable Insurance Products Trust), Form of Sub Advisory Agreement (Lincoln Variable Insurance Products Trust), Sub Advisory Agreement (Lincoln Variable Insurance Products Trust)

NONLIABILITY OF SUB-ADVISER. (a) In the absence of willful misfeasance, bad faith or gross negligence on the part of the Sub-Adviser, or reckless disregard of its obligations and duties hereunder, the Sub-Adviser 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, the rendering of services hereunder.

Appears in 3 contracts

Samples: Sub Advisory Agreement (Lincoln National International Fund Inc), Sub Advisory Agreement (Lincoln National Aggressive Growth Fund Inc), Sub Advisory Agreement (Lincoln National Aggressive Growth Fund Inc)

NONLIABILITY OF SUB-ADVISER. (a) In the absence of willful wilful misfeasance, bad faith or gross negligence on the part of the Sub-Adviseradviser, or reckless disregard of its obligations and duties hereunder, the Sub-Adviser adviser shall not be subject to any liability to the Fund Adviser, to the Trust, to any Fund, or to any shareholder of the Fundshareholder, officer, director or Trustee thereof, for any act or omission in the course of, or connected with, rendering services hereunder.

Appears in 2 contracts

Samples: Sub Adviser Agreement (International Currency Fund), Ssga International Liquidity Fund

NONLIABILITY OF SUB-ADVISER. (a) In the absence of willful misfeasance, bad faith or gross negligence on the part of the Sub-Adviser, or reckless disregard of its obligations and duties hereunder, the Sub-Adviser shall not be subject to any liability to the Fund Trust, or to any shareholder of the FundTrust, for any act or omission in the course of, or connected with, rendering services hereunder.

Appears in 2 contracts

Samples: Sub Adviser Agreement (Allmerica Investment Trust), Sub Adviser Agreement (Allmerica Investment Trust)

NONLIABILITY OF SUB-ADVISER. (a) In the absence of willful misfeasance, bad faith or gross negligence on the part of the Sub-Adviser, or reckless disregard of its obligations and duties hereunder, the Sub-Adviser shall not be subject to any liability to the Fund or Trust, to any shareholder of the FundTrust, or to the Manager, for any act or omission in the course of, or connected with, rendering services hereunder.

Appears in 2 contracts

Samples: Sub Adviser Agreement (Allmerica Investment Trust), Sub Adviser Agreement (Allmerica Investment Trust)

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NONLIABILITY OF SUB-ADVISER. (a) The Sub-Adviser shall exercise its best judgment in rendering its services under this agreement. In the absence of willful misfeasance, bad faith or gross negligence on the part of the Sub-Adviser, or reckless disregard of its obligations and duties hereunder, the Sub-Adviser shall not be subject to any liability to the Fund Trust or 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 2 contracts

Samples: Sub Adviser Agreement (Sierra Variable Trust), Sub Adviser Agreement (Sierra Variable Trust)

NONLIABILITY OF SUB-ADVISER. (a) In Except as provided in Section 8(a), in the absence of willful misfeasance, bad faith or gross negligence on the part of the Sub-Adviser, or reckless disregard of its obligations and duties hereunder, the Sub-Adviser shall not be subject to any liability to the Adviser, 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 2 contracts

Samples: Sub Advisory Agreement (Lincoln Variable Insurance Products Trust), Sub Advisory Agreement (Lincoln Variable Insurance Products Trust)

NONLIABILITY OF SUB-ADVISER. (a) In the absence of willful misfeasance, bad faith or gross negligence on the part of the Sub-Adviser, or reckless disregard of its obligations and duties hereunder, the Sub-Sub- Adviser shall not be subject to any liability to the Fund Trust, or to any shareholder of the FundTrust, for any act or omission in the course of, or connected with, rendering services hereunder.

Appears in 2 contracts

Samples: Sub Adviser Agreement (Allmerica Investment Trust), Sub Adviser Agreement (Allmerica Investment Trust)

NONLIABILITY OF SUB-ADVISER. (a) In the absence of willful misfeasance, bad faith or gross negligence on the part of the Sub-Adviser, or reckless disregard of its obligations and duties hereunder, the Sub-Adviser shall not be subject to any liability to the Fund Trust or 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 2 contracts

Samples: Sub Adviser Agreement (Allmerica Investment Trust), Sub Adviser Agreement (Allmerica Investment Trust)

NONLIABILITY OF SUB-ADVISER. (a) In the absence of willful misfeasance, bad faith or gross negligence on the part of the Sub-Adviser, or reckless disregard of its obligations and duties hereunder, the Sub-Adviser 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 coirtnected with, rendering services hereunder.

Appears in 1 contract

Samples: Sub Advisory Agreement (Lincoln Variable Insurance Products Trust)

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