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.

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.

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.

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.

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.