Common use of Activities of the Manager Clause in Contracts

Activities of the Manager. The services of the Manager to the Fund are not to be deemed to be exclusive, and the Manager and any person controlled by or under common control with the Manager (for purposes of Article VI referred to as "affiliates") is free to render services to others. It is understood that Directors, officers, employees and shareholders of the Fund are or may become interested in the Manager and its affiliates, as directors, officers, employees and shareholders or otherwise and that directors, officers, employees and shareholders of the Manager and its affiliates are or may become similarly interested in the Fund, and that the Manager and directors, officers, employees, partners and shareholders of its affiliates may become interested in the Fund as shareholder or otherwise.

Appears in 5 contracts

Samples: Management Agreement (Merrill Lynch Real Estate Fund Inc), Management Agreement (Merrill Lynch Global Growth Fund Inc), Management Agreement (Merrill Lynch Global Technology Fund Inc)

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Activities of the Manager. The services of the Manager to the Fund are not to be deemed to be exclusive, and the Manager and any person controlled by or under common control with the Manager (for purposes of Article VI V referred to as "affiliates") is free to render services to others. It is understood that Directors, officers, employees and shareholders of the Fund are or may become interested in the Manager and its affiliates, as directors, officers, employees and shareholders or otherwise and that directors, officers, employees and shareholders of the Manager and its affiliates are or may become similarly interested in the Fund, and that the Manager and directors, officers, employees, partners and shareholders of its affiliates may become interested in the Fund as shareholder or otherwise.

Appears in 4 contracts

Samples: Management Agreement (Merrill Lynch Fundamental Growth Fund Inc), Management Agreement (Merrill Lynch Fundamental Growth Fund Inc), Management Agreement (Merrill Lynch Fundamental Growth Fund Inc)

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Activities of the Manager. The services of the Manager to the Fund are not to be deemed to be exclusive, and the Manager and any person controlled by or under common control with the Manager (for purposes of this Article VI referred to as "affiliates") is being free to render services to others. It is understood that Directorsdirectors, officers, employees and shareholders of the Fund are or may become interested in the Manager and its affiliates, as directors, officers, employees employees, partners, and shareholders or otherwise and that directors, officers, employees employees, partners, and shareholders of the Manager and its affiliates are or may become similarly interested in the Fund, and that the Manager and directors, officers, employees, partners and shareholders of its affiliates is or may become interested in the Fund as shareholder or otherwise.

Appears in 3 contracts

Samples: Management Agreement (Japan Smaller Capitalization Fund Inc), Management Agreement (Korea Equity Fund Inc), Management Agreement (Japan Otc Equity Fund Inc)

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