Activities and Affiliates of the Manager. A. The Trust acknowledges that the Manager or one or more of its affiliates may have investment or administrative responsibilities or render investment advice to or perform other investment advisory services for other individuals or entities, and that the Manager, its affiliates or any of its or their directors, officers, agents or employees may buy, sell or trade in securities for its or their respective accounts ("Affiliated Accounts"). Subject to the provisions of paragraph 3, the Trust agrees that the Manager or its affiliates may give advice or exercise investment responsibility and take such other action with respect to Affiliated Accounts which may differ from the advice given or the timing or nature of action with respect to the Funds, provided that the Manager acts in good faith. The Trust acknowledges that one or more of the Affiliated Accounts may at any time hold, acquire, increase, decrease, dispose of or otherwise deal with positions in investments in which the Fund may have an interest. The Manager shall have no obligation to recommend for the Funds a position in any investment which an Affiliated Account may acquire, and the Trust shall have no first refusal, co-investment or other rights in respect of any such investment, either for the Funds or otherwise.
B. Subject to and in accordance with the Declaration of Trust and By-Laws of the Trust as currently in effect and the Investment Company Act and the rules thereunder, it is understood that Trustees, officers and agents of the Trust and shareholders of the Trust are or may be interested persons as defined by the Investment Company Act ("Interested Persons") of the Manager or its affiliates as directors, officers, agents and shareholders of the Manager or its affiliates; that directors, officers, agents and shareholders of the Manager or its affiliates are or may be Interested Persons of the Trust as Trustees, officers, agents, shareholders or otherwise; that the Manager or its affiliates may be Interested Persons of the Trust as shareholders or otherwise; and that the effect of any such interests shall be governed by said Declaration of Trust, By-Laws and the Investment Company Act and the rules thereunder.
Activities and Affiliates of the Manager. A. The services of the Manager to the Company hereunder are not to be deemed exclusive, and the Manager and any of its affiliates shall be free to render similar services to others. The Manager shall use the same skill and care in the management of the Company's assets as it uses in the administration of other accounts to which it provides asset management, consulting and portfolio manager selection services, but shall not be obligated to give the Company more favorable or preferential treatment vis-a-vis its other clients.
B. Subject to and in accordance with the Articles of Incorporation and By-Laws of the Company and to Section 10(a) of the Investment Company Act, it is understood that Directors, officers, agents and shareholders of the Company may be interested in the Manager or its affiliates as directors, officers, agents or stockholders of the Manager or its affiliates; that directors, officers, agents and stockholders of the Manager or its affiliates are or may be interested in the Company as Directors, officers, agents, shareholders or otherwise; that the Manager or its affiliates may be interested in the Company as shareholders or otherwise; and that the effect of any such interests shall be governed by the Investment Company Act.
Activities and Affiliates of the Manager. A. The services of the Manager hereunder are not to be deemed exclusive, and the Manager and any of its affiliates shall be free to render similar services to others. The Manager shall use the same skill and care in the management of the Fund's assets as it uses in the administration of other accounts to which it provides asset management, consulting and portfolio manager selection services, but shall not be obligated to give the Fund more favorable or preferential treatment vis-a-vis its other clients. B. Subject to and in accordance with the Declaration of Trust and Bylaws of the Trust and to Section 10(a) of the Act, it is understood that Trustees, officers and agents of the Trust and shareholders of the Fund are or may be interested in the Manager or its affiliates as directors, officers, agents or stockholders of the Manager or its affiliates; that directors, officers, agents and stockholders of the Manager or its affiliates are or may be interested in the Trust as Trustees, officers, agents, shareholders or otherwise; that the Manager or its affiliates may be interested in the Trust as shareholders or otherwise; and that the effect of any such interests shall be governed by said Declaration of Trust, Bylaws and the Act.
Activities and Affiliates of the Manager. A. The services of the Manager and its affiliated corporations to the Trust hereunder are not to be deemed exclusive, and the Manager and any of its affiliates shall be free to render similar services to others.
B. Subject to and in accordance with the Master Trust Agreement (as defined below) and By-Laws of the Trust and to Section 10(a) of the 1940 Act, it is understood that Trustees, officers, agents, and shareholders of the Trust are or may be interested in the Manager or its affiliates directors, agents, or shareholders of the Manager or its affiliates; that directors, officers, agents, and shareholders of the Manager or its affiliates are or may be interested in the Trust as Trustees, officers, agents, shareholders, or otherwise; that the Manager or its affiliates may be interested in the Trust as shareholders or otherwise; and that the effect of any such interests shall be governed by said Master Trust Agreement, By-Laws, and the 0000 Xxx.
Activities and Affiliates of the Manager. A. The services of the Manager and its affiliated corporations to the Trust hereunder are not to be deemed exclusive, and the Manager and any of its affiliates shall be free to render similar services to others.
(1) The Manager and its affiliated corporations shall use the same skill and care in the management of the Sub-Trust's portfolios as they use in the administration of other accounts to which they provide asset management consulting and manager selection services, but they shall not be obligated to give the Trust more favorable or preferential treatment vis-a-vis their other clients.
(2) The Trust expressly recognizes that Xxxxx Xxxxxxx Trust Company ("Trust Company"), a corporation affiliated with the Manager, is also a client of a corporation affiliated with the Manager and receives substantially the same portfolio structuring and money manager selection services from the affiliate as does the Trust; that Trust Company has, or may have, commingled investment funds with substantially the same investment objectives, strategies, and programs as the Trust; that the Trust was organized by and at the expense of a corporation affiliated with the Manager for the express purpose of offering the same type of investment management services to the Trust's shareholders, at least some of whom could not obtain these services through Trust Company, as Trust Company provides to its trust customers; and that over time Trust Company and the Trust may utilize some of the same money managers and have similar portfolio securities holdings.
B. Subject to and in accordance with the Master Trust Agreement (as defined below) and By-Laws of the Trust and to Section 10(a) of the 1940 Act, it is understood that Trustees, officers, agents, and shareholders of the Trust are or may be interested in the Manager or its affiliates directors, agents, or shareholders of the Manager or its affiliates; that directors, officers, agents, and shareholders of the Manager or its affiliates are or may be interested in the Trust as Trustees, officers, agents, shareholders, or otherwise; that the Manager or its affiliates may be interested in the Trust as shareholders or otherwise; and that the effect of any such interests shall be governed by said Master Trust Agreement, By-Laws, and the 0000 Xxx.
Activities and Affiliates of the Manager. A. The services of the Manager and its affiliated corporations to the Company hereunder are not to be deemed exclusive, and the Manager and any of its affiliates shall be free to render similar services to others.
(1) The Manager and its affiliated corporations shall use the same skill and care in the management of the Company’s portfolios as they use in the administration of other accounts to which they provide asset management consulting and manager selection services, but they shall not be obligated to give the Company more favorable or preferential treatment vis-a-vis their other clients.
(2) The Company expressly recognizes that RIC is a client and an affiliate of the Manager and RIC receives substantially the same portfolio structuring and money manager selection services from the affiliate as does the Company; that RIC has, or may have, commingled investment funds with substantially the same investment objectives, strategies, and programs as the Company; that RIC was organized by and at the expense of the Manager or of a corporation affiliated with the Manager for the express purpose of offering the same type of investment management services to the Company’s Shareholders; and that over time RIC may utilize some of the same money managers and have similar portfolio holdings.
B. It is understood that Directors, officers, agents, and Shareholders of the Company are or may be interested in the Manager or its affiliates as directors, agents, or stockholders of the Manager or its affiliates are or may be interested in the Company as Directors, officers, agents, Shareholders, or otherwise; that the Manager or its affiliates may be interested in the Company as Shareholders or otherwise.
Activities and Affiliates of the Manager. A. The services of the Manger and entities with which the Manager is affiliated to Accessor Funds hereunder are not to be deemed exclusive, and the Manager and any entities with which the Manager is affiliated shall be free to render similar services to others. The Manager and entities with which the Manager is affiliated shall seek to use the same skill and care in the management of the Funds as they seek to use in the administration of other accounts to which they provide asset management consulting and manager selections services, but they shall not be obligate to give Accessor Funds more favorable or preferential treatment vis-a-vis their other clients.
B. Subject to and in accordance with the Articles of Incorporation and By-Laws of Accessor Funds and to Section 10(a) of the 1940 Act, it is understood that Directors, officers, agents and shareholders of Accessor Funds are or may be interested in the Manager or entities with which the Manger is affiliated as directors, agents, or stockholders of the Manager or entities with which the Manager is affiliated; that directors, officers, agents and stockholders of the Manager or entities with which the Manager is affiliated are or may be interested in Accessor Funds as Directors, officers, agents, shareholders or otherwise; that the Manager or entities with which the Manager is affiliated may be interested in Accessor Funds as shareholders or otherwise and that the effect of any such interests shall be governed by said Articles of Incorporation, By-Laws and the 1940 Act.
Activities and Affiliates of the Manager. The services of the Manager hereunder are not to be deemed exclusive, and the Manager and any of its affiliates shall be free to render similar services to others so long as its services under this Agreement are not impaired thereby. Subject to and in accordance with the Declaration of Trust and By-Laws of the Trust as currently in effect and the 1940 Act and the rules thereunder, it is understood that the Trustees, officers, agents and shareholders of the Trust are or may be interested in the Manager or its affiliates as directors, officers, agents or stockholders of the Manager or its affiliates; directors, officers, agents and stockholders of the Manager or its affiliates are or may be interested in the Trust as Trustees, officers, agents,
Activities and Affiliates of the Manager. A. The services of the Manager and its affiliated corporations to the Funds hereunder are not to be deemed exclusive, and the Manager and any of its affiliates shall be free to render similar services to others.
(1) The Manager and its affiliated corporations shall use the same skill and care in the management of the Funds' portfolios as they use in the administration of other accounts to which they provide asset management consulting and manager selection services, but they shall not be obligated to give the Funds more favorable or preferential treatment vis-a-vis their other clients.
(2) The Company and the Funds expressly acknowledge that Xxxxx Xxxxxxx Investment Company ("FRIC") and Xxxxxxx Investment Funds ("RIF"), each a registered investment company, and Xxxxx Xxxxxxx Trust Company ("Trust Company"), a corporation affiliated with the Manager, are also clients of the Manager or of a corporation affiliated with the Manager and receive substantially the same portfolio structuring and money manager selection services from the Manager or its affiliate as do the Funds; that FRIC, RIF and Trust Company have, or may have, commingled investment funds with substantially the same investment objectives, strategies, and programs as the Funds; that the Funds were organized for the express purpose of offering the same type of investment management services to the Funds' shareholders; and that over time FRIC, RIF, Trust Company and the Funds may utilize some of the same money managers and have similar portfolio securities holdings.
Activities and Affiliates of the Manager. A. The services of the Manager to the Company hereunder are not to be deemed exclusive, and the Manager and any of its affiliates shall be free to render similar services to others. The Manager shall use the same skill and care in the management of the Company's assets as it uses in the administration of other accounts to which it provides asset management, consulting and portfolio manager selection services, but shall not be obligated to give the Company more favorable or preferential treatment vis-a-vis its other clients.
