Liability of Advisor. In the performance of its duties hereunder, the Advisor shall be obligated to exercise care and diligence and to act in good faith and to use its best efforts within reasonable limits to ensure the accuracy of all services performed under this Agreement, but the Advisor shall not be liable for any act or omission which does not constitute willful misfeasance, bad faith or gross negligence on the part of the Advisor or its officers, directors or employees, or reckless disregard by the Advisor of its duties under this Agreement.
Appears in 20 contracts
Sources: Investment Advisory Agreement (Flag Investors Funds Inc), Investment Advisory Agreement (Flag Investors Funds Inc), Investment Advisory Agreement (Flag Investors Telephone Income Fund Inc)
Liability of Advisor. In the performance of its duties hereunder, the Advisor shall be obligated to exercise care and diligence and to act in good faith and to use its best efforts within reasonable limits to ensure the accuracy of all services performed under this Agreement, but the Advisor shall not be liable for any act or omission which does not constitute willful misfeasance, bad faith or gross negligence on the part of the Advisor or its officers, directors or employees, or reckless disregard by the Advisor of its duties under this the Agreement.
Appears in 10 contracts
Sources: Investment Advisory Agreement (Flag Investors Value Builder Fund Inc), Investment Advisory Agreement (Flag Investors Equity Partners Fund Inc), Investment Advisory Agreement (Flag Investors Real Estate Securities Fund Inc)
Liability of Advisor. In the performance of its duties hereunder, the Advisor shall be obligated to exercise care and diligence and to act in good faith and to use its best efforts within reasonable limits to ensure the accuracy of all services performed under this Agreement, but the Advisor shall not be liable for any act or omission which does not constitute willful misfeasance, bad faith or gross negligence on the part of the Advisor or its officers, directors or employees, or reckless disregard by the Advisor or its officers, directors or employees, or reckless disregard by the Advisor of its duties under this the Agreement.
Appears in 2 contracts
Sources: Investment Advisory Agreement (Isi Strategy Fund Inc), Investment Advisory Agreement (Isi Strategy Fund Inc)