Responsibility for Losses. Notwithstanding any other provision of this Agreement to the contrary, (i) UAS will not be liable to the Trust for any damages or losses save for those resulting from the willful default, fraud or negligence of UAS as a result of the performance or non-performance by UAS of its obligations and duties hereunder, and (ii) UAS’s liability will be subject to the limitations set forth in this Agreement.
Appears in 3 contracts
Sources: Mutual Fund Services Agreement (American Pension Investors Trust), Mutual Fund Services Agreement (American Pension Investors Trust), Mutual Fund Services Agreement (Capitol Series Trust)