Manager’s Liability. 1. Manager's recommendations are based upon its professional judgment. Manager does not represent or guarantee the results of any investment recommendation made on behalf of the Account. Manager, if acting in good faith, shall not be liable for any action, omission, investment recommendation/decision, or loss in connection with this Agreement including, but not limited to, the investment of the assets, or the acts and/or omissions of other professionals or third-party service providers selected on behalf of or recommended to Client by Manager, including a broker-dealer and/or custodian. If the Account contains only a portion of Client's total assets, Manager shall only be responsible for those assets that Client has designated to be the subject of Manager's investment management services under this Agreement without consideration to those additional assets not a part of the Account. Nothing herein shall constitute a waiver or limitation of any rights which Client may have under any federal securities laws. This Section shall survive termination of this Agreement.
Appears in 2 contracts
Sources: Investment Advisory Agreement, Investment Advisory Agreement