Common use of Uncontrollable Events; Limitation of Liability Clause in Contracts

Uncontrollable Events; Limitation of Liability. Citi shall use commercially reasonable efforts to perform the Blue Sky Exemption Services described above but Citi cannot guarantee that it will identify and avail the eligible Funds of every available exemption in every state. Citi’s aggregate liability arising out of or related to the Blue Sky Exemption Services is limited to the amount of fees that Citi receives with respect to such services during the twenty-four (24) months prior to the first claim related to such services arises.

Appears in 3 contracts

Samples: Transfer Agency Services Agreement (HSBC Funds), Transfer Agency Services Agreement (HSBC Portfolios), Transfer Agency Services Agreement (HSBC Advisor Funds Trust)

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Uncontrollable Events; Limitation of Liability. Citi shall use commercially reasonable efforts to perform the Blue Sky Exemption Services described above but Citi cannot guarantee that it will identify and avail the eligible Funds of every available exemption in every state. Citi’s aggregate liability arising out of or related to the Blue Sky Exemption Services is limited to the amount of fees that Citi receives with respect to such services during the twenty-four (24) months prior to the first claim related to such services arises.

Appears in 1 contract

Samples: Master Services Agreement (HSBC Investor Funds)

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