Common use of NONLIABILITY OF SUB-ADVISER Clause in Contracts

NONLIABILITY OF SUB-ADVISER. Notwithstanding any other provisions of 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, including its officers, directors, members and partners, shall not be subject to any liability to the Manager, to the Trust, or to any shareholder, officer, director, partner or Trustee thereof, for any act or omission in the course of, or connected with, rendering services hereunder.

Appears in 12 contracts

Samples: Sub Advisory Agreement (Premier Multi-Series VIT), Sub Advisory Agreement (Allianz Funds Multi-Strategy Trust), Sub Advisory Agreement (Allianz Funds Multi-Strategy Trust)

AutoNDA by SimpleDocs

NONLIABILITY OF SUB-ADVISER. Notwithstanding any other provisions provision of 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, including its officers, directors, members directors and partnersshareholders, shall not be subject to any liability to the Manager, to the Trust, to the Fund, or to any shareholder, officer, director, partner director or Trustee thereof, for any act or omission in the course of, or connected with, rendering services hereunder.

Appears in 1 contract

Samples: Sub Adviser Agreement (Pimco Advisors Funds)

NONLIABILITY OF SUB-ADVISER. Notwithstanding any other provisions of 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, including its officers, directors, members directors and partners, shall not be subject to any liability to the Manager, to the TrustFund, or to any shareholder, officer, director, partner or Trustee thereof, for any act or omission in the course of, or connected with, rendering services hereunder.

Appears in 1 contract

Samples: Sub Advisory Agreement (Allianz RCM Global EcoTrends Fund)

NONLIABILITY OF SUB-ADVISER. Notwithstanding any other provisions provision of this Agreementagreement, 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, including its officers, directors, members directors and partnersshareholders, shall not be subject to any liability to the ManagerManger, to the Trust, to the Fund, or to any shareholder, officer, director, partner director or Trustee thereof, for any act or omission in the course of, or connected with, rendering services hereunder.

Appears in 1 contract

Samples: Sub Adviser Agreement (Pimco Advisors Funds)

AutoNDA by SimpleDocs

NONLIABILITY OF SUB-ADVISER. Notwithstanding any other provisions of 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, including its officers, directors, members directors and partnersshareholders, shall not be subject to any liability to the Manager, to the Trust, to the Fund, or to any shareholder, officer, director, partner director or Trustee thereof, for any act or omission in the course of, or connected with, rendering services hereunder.

Appears in 1 contract

Samples: Sub Adviser Agreement (Pimco Advisors Funds)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!