Standard of Care/Limitations of Liability. (a) Subject to the terms of this Section 10, PFPC Trust shall be liable to the Funds (or any person or entity claiming through the Funds) for damages only to the extent caused by PFPC Trust’s own intentional misconduct, bad faith, negligence or reckless disregard of its duties under this Agreement (“Standard of Care”).
Appears in 7 contracts
Samples: Custodian Services Agreement (PNC Alternative Strategies Fund LLC), Custodian Services Agreement (PNC Absolute Return TEDI Fund LLC), Custodian Services Agreement (PNC Long-Short TEDI Fund LLC)
Standard of Care/Limitations of Liability. (a) Subject to the terms of this Section 10, PFPC Trust PNC shall be liable to the Funds Fund (or any person or entity claiming through the FundsFund) for damages only to the extent caused by PFPC TrustPNC’s own intentional misconduct, bad faith, negligence or reckless disregard of its duties under this Agreement (“Standard of Care”).
Appears in 3 contracts
Samples: Administration, Accounting and Investor Services Agreement (Wells Fargo Multi-Strategy 100 Master Fund I, LLC), Administration, Accounting and Investor Services Agreement (Wells Fargo Multi-Strategy 100 TEI Fund I, LLC), Accounting Services Agreement (Meridian Fund Inc)
Standard of Care/Limitations of Liability. (a) Subject to the terms of this Section 10, PFPC Trust shall be liable to the Funds Fund (or any person or entity claiming through the FundsFund) for damages only to the extent caused by PFPC Trust’s own intentional misconduct, bad faith, negligence or reckless disregard of its duties under this Agreement (“Standard of Care”).
Appears in 3 contracts
Samples: Custodian Services Agreement (Meridian Fund Inc), Custodian Services Agreement (Motley Fool Funds Trust), Custodian Services Agreement (Motley Fool Funds Trust)
Standard of Care/Limitations of Liability. (a) Subject to the terms of this Section 10, PFPC Trust shall be liable to the Funds a Fund (or any person or entity claiming through the FundsFund) for damages only to the extent caused by PFPC Trust’s own intentional misconduct, bad faith, negligence or reckless disregard of its duties under this Agreement (“"Standard of Care”").
Appears in 3 contracts
Samples: Custodian Services Agreement (Wells Fargo Multi-Strategy 100 TEI Fund I, LLC), Custodian Services Agreement (Wells Fargo Multi-Strategy 100 Master Fund I, LLC), Custodian Services Agreement (Wells Fargo Multi-Strategy 100 Fund I, LLC)
Standard of Care/Limitations of Liability. (a) Subject to the terms of this Section 10, PFPC Trust shall be liable to the Funds Fund (or any person or entity claiming through the FundsFund) for damages only to the extent caused by PFPC Trust’s own intentional misconduct, bad faith, faith or gross negligence or reckless disregard of with respect to its duties under this Agreement (“Standard of Care”).
Appears in 2 contracts
Samples: Custodian Services Agreement (Firsthand Technology Value Fund, Inc.), Custodian Services Agreement (Industry Leaders Fund)
Standard of Care/Limitations of Liability. (a) Subject to the terms of this Section 10, PFPC Trust PNC shall be liable to the Funds Fund (or any person or entity claiming through the FundsFund) for damages only to the extent caused by PFPC TrustPNC’s own intentional misconduct, bad faith, negligence or reckless disregard of its duties under this Agreement (“"Standard of Care”").
Appears in 2 contracts
Samples: Administration, Accounting and Investor Services Agreement (Wells Fargo Multi-Strategy 100 Fund A, LLC), Administration, Accounting and Investor Services Agreement (Wells Fargo Multi-Strategy 100 Tei Fund A, LLC)
Standard of Care/Limitations of Liability. (a) Subject to the terms of this Section 10, PFPC Trust shall be liable to the Funds Fund (or any person or entity claiming through the FundsFund) for damages only to the extent caused by PFPC Trust’s 's own intentional misconduct, bad faith, faith or negligence or reckless disregard of with respect to its duties under this Agreement (“"Standard of Care”").
Appears in 2 contracts
Samples: Custodian Services Agreement (Amana Mutual Funds Trust), Custodian Services Agreement (Saturna Investment Trust)
Standard of Care/Limitations of Liability. (a) Subject to the terms of this Section 1011, PFPC Trust shall be liable to the Funds Fund (or any person or entity claiming through the FundsFund) for damages only to the extent caused by PFPC Trust’s own intentional misconductwillful misfeasance, bad faith, gross negligence or reckless disregard of its duties under this Agreement (“Standard of Care”).
Appears in 2 contracts
Samples: Custodian Services Agreement (Pennantpark Investment Corp), Custodian Services Agreement (Pennantpark Investment Corp)
Standard of Care/Limitations of Liability. (a) Subject to the terms of this Section 1012, PFPC Trust shall be liable to the Funds Fund (or any person or entity claiming through the FundsFund) for damages only to the extent caused by PFPC Trust’s own intentional misconductwillful misfeasance, bad faith, gross negligence or reckless disregard of its duties under this Agreement (“Standard of Care”).
Appears in 2 contracts
Samples: Custodian Services Agreement (Trust for Credit Unions), Custodian Services Agreement (Trust for Credit Unions)
Standard of Care/Limitations of Liability. (a) Subject to the terms of this Section 1011, PFPC Trust shall be liable to the Funds Fund (or any person or entity claiming through the FundsFund) for damages only to the extent caused by PFPC Trust’s own intentional misconduct, bad faith, faith or negligence or reckless disregard of with respect to its duties under this Agreement (“Standard of Care”).
Appears in 2 contracts
Samples: Custodian Services Agreement (PNC Funds), Amended And (PNC Advantage Funds)
Standard of Care/Limitations of Liability. (a) Subject to the terms of this Section 1012, PFPC Trust shall be liable to the Funds Fund (or any person or entity claiming through the FundsFund) for damages only to the extent caused by PFPC Trust’s own intentional misconduct, bad faith, negligence or reckless disregard of failure to meet its duties under this Agreement (“Standard of Care”).
Appears in 1 contract
Standard of Care/Limitations of Liability. (a) PFPC Trust shall be obligated to exercise care and diligence in the performance of its duties hereunder. Subject to the terms of this Section 1012, PFPC Trust shall be liable to the Funds Fund (or any person or entity claiming through the FundsFund) for damages only to the extent caused by PFPC Trust’s 's own intentional misconductwillful misfeasance, bad faith, negligence or reckless disregard of its duties under this Agreement (“Standard of Care”)Agreement.
Appears in 1 contract
Samples: Custodian Services Agreement (Magnetar Spectrum Fund)
Standard of Care/Limitations of Liability. (a) Subject to the terms of this Section 10, PFPC Trust shall be liable to the Funds Fund (or any person or entity claiming through the FundsFund) for damages only to the extent caused by PFPC Trust’s 's own intentional misconduct, bad faith, faith or gross negligence or reckless disregard of with respect to its duties under this Agreement (“"Standard of Care”").
Appears in 1 contract
Samples: Custodian Services Agreement (Ametrine Capital Inc)
Standard of Care/Limitations of Liability. (a) Subject to the terms of this Section 1012, PFPC Trust shall be liable to the Funds Fund (or any person or entity claiming through the FundsFund) for damages only to the extent caused by PFPC Trust’s own intentional misconduct, bad faith, negligence or reckless disregard of 's failure to meet its duties under this Agreement (“Standard of Care”).
Appears in 1 contract
