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AIAM makes no advice or endorsement of any kind or nature, whether express or implied, including, but not limited to, endorsement of any products or services provided by AIAM members. To the fullest extent permitted by applicable law, the total aggregate liability of AIAM, regardless of whether such liability is based on breach of contract, tort, strict liability, breach of warranties, failure of essential purpose or otherwise shall be limited to the total membership fees for the relevant calendar year paid by the claimant member to AIAM. In no event will AIAM be liable for any consequential, incidental, indirect, punitive or special damages (including loss of profits, data, business or goodwill), regardless of whether such liability is based on breach of contract, tort, strict liability, breach of warranties, failure of essential purpose or otherwise, and even if advised of the likelihood of such damages. Member’s recourse with respect to any liability or obligation of AIAM hereunder shall be limited to the net assets of AIAM, and no member shall have any recourse against, and shall not bring any claim against any office-bearer or employee or representative of AIAM or any of the assets thereof.