Standard of Care/Limitations of Liability. A. Distributor shall not be liable for any loss suffered by the Intermediary in connection with the performance of any obligations and duties under this Agreement except to the extent that the loss resulted from Distributor’s own willful misfeasance, bad faith or gross negligence in the performance of such obligations and duties, or by the Distributor’s reckless disregard thereof (“Standard of Care”).
Appears in 10 contracts
Samples: Services Agreement (Mercer Funds), Underwriting Agreement (Stratton Multi-Cap Fund, Inc.), Underwriting Agreement (Stratton Funds, Inc.)
Standard of Care/Limitations of Liability. A. Distributor shall not be liable for any loss suffered by the Intermediary in connection with the performance of any obligations and duties under this Agreement except to the extent that the loss resulted from Distributor’s own willful misfeasance, bad faith or gross negligence in the performance of such obligations and duties, or by the Distributor’s reckless disregard thereof (“Standard of Care”).
Appears in 1 contract
Samples: Services Agreement (Aston Funds)
