Standard of Care and Liability. Transfer Agent shall at all times act in good faith and agrees to use its best efforts within reasonable limits to ensure the accuracy of all Services performed under this Agreement. Transfer Agent shall only be liable for any loss or damage as a result of Transfer Agent’s gross negligence or willful misconduct; provided that any liability of Transfer Agent will be limited in the aggregate to the ongoing account management fees paid hereunder by Fund to Transfer Agent during the twelve (12) months immediately preceding the event for which recovery from Transfer Agent is being sought.
Appears in 27 contracts
Samples: Agency and Service Agreement (Nuveen Variable Rate Preferred & Income Fund), Agency and Service Agreement (Nuveen Multi-Asset Income Fund), Agency and Service Agreement (Nuveen Core Plus Impact Fund)
