Common use of Sole Benefit Clause in Contracts

Sole Benefit. This Agreement is for the sole benefit of the Adviser and SIDCO and shall not be deemed to be for the direct or indirect benefit of the clients or customers of Adviser or SIDCO. The clients or customers of Adviser and SIDCO shall not be deemed to be third-party beneficiaries of this Agreement nor to have any other contractual relationship with SIDCO by reason of this Agreement and each party hereto agrees to indemnify and hold harmless the other party from any claims of said party’s clients or customers against the other party in accordance with and to the extent provided in Section 5 of this Agreement.

Appears in 5 contracts

Samples: Distribution Services Agreement (Advisors' Inner Circle Fund II), Distribution Services Agreement (Advisors' Inner Circle Fund III), Distribution Services Agreement (Advisors' Inner Circle Fund III)

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Sole Benefit. This Agreement is for the sole benefit of the Adviser Advisor and SIDCO and shall will not be deemed to be for the direct or indirect benefit of the clients or customers of Adviser Advisor or SIDCO. The clients or customers of Adviser Advisor and SIDCO shall will not be deemed to be third-third party beneficiaries of this Agreement nor to have any other contractual relationship with SIDCO by reason of this Agreement and each party hereto agrees to indemnify and hold harmless the other party from any claims of said such party’s clients or customers against the other party in accordance with and to the extent provided in Section 5 of this Agreement.

Appears in 5 contracts

Samples: Distribution Services Agreement (Quaker Investment Trust), Distribution Services Agreement (Impact Shares Trust I), Distribution Services Agreement (Impact Shares Trust I)

Sole Benefit. This Agreement is for the sole benefit of the Adviser and SIDCO and shall not be deemed to be for the direct or indirect benefit of the clients or customers of Adviser or SIDCO. The clients or customers of Adviser and SIDCO shall not be deemed to be third-party beneficiaries of this Agreement nor to have any other contractual relationship with SIDCO by reason of this Agreement and each party hereto agrees to indemnify and hold harmless the other party from any claims of said party’s clients or customers against the other party in accordance with and to the extent provided in Section 5 of this Agreement.

Appears in 3 contracts

Samples: Distribution Services Agreement (Advisors' Inner Circle Fund), Distribution Services Agreement (Advisors' Inner Circle Fund), Distribution Services Agreement (Advisors' Inner Circle Fund)

Sole Benefit. This Agreement is for the sole benefit of the Adviser Sponsor and SIDCO and shall will not be deemed to be for the direct or indirect benefit of the clients or customers of Adviser Sponsor or SIDCO. The clients or customers of Adviser Sponsor and SIDCO shall will not be deemed to be third-third party beneficiaries of this Agreement nor to have any other contractual relationship with SIDCO by reason of this Agreement and each party hereto agrees to indemnify and hold harmless the other party from any claims of said such party’s clients or customers against the other party in accordance with and to the extent provided in Section 5 of this Agreement.

Appears in 1 contract

Samples: Distribution Services Agreement (Metaurus Equity Component Trust)

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Sole Benefit. This Agreement is for the sole benefit of the Adviser Advisor and SIDCO and shall will not be deemed to be for the direct or indirect benefit of the clients or customers of Adviser Advisor or SIDCO. The clients or customers of Adviser Advisor and SIDCO shall will not be deemed to be third-third party beneficiaries of this Agreement nor to have any other contractual relationship with SIDCO by reason of this Agreement and each party hereto agrees to indemnify and hold harmless the other party from any claims of said such party’s clients or customers against the other party in accordance with and to the extent provided in Section 5 6 of this Agreement.

Appears in 1 contract

Samples: Amended and Restated Services Agreement (Exchange Traded Concepts Trust)

Sole Benefit. This Agreement is for the sole benefit of the Adviser Distributor and SIDCO and shall will not be deemed to be for the direct or indirect benefit of the clients or customers of Adviser Distributor or SIDCO. The clients or customers of Adviser Distributor and SIDCO shall will not be deemed to be third-third party beneficiaries of this Agreement nor to have any other contractual relationship with SIDCO by reason of this Agreement and each party hereto agrees to indemnify and hold harmless the other party from any claims of said such party’s 's clients or customers against the other party in accordance with and to the extent provided in Section 5 of this Agreement.

Appears in 1 contract

Samples: Services Agreement (Ziegler Exchange Traded Trust)

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