Common use of ADVISER IS INDEPENDENT CONTRACTOR Clause in Contracts

ADVISER IS INDEPENDENT CONTRACTOR. The Adviser shall, for all purposes herein, be deemed to be an independent contractor, and shall, unless otherwise expressly provided and authorized, have no authority to act for or represent the Trust or Fund in any way, or in any way be deemed an agent for the Trust or Fund. It is expressly understood and agreed that the services to be rendered by the Adviser to the Trust and Fund under the provisions of this Agreement are not to be deemed exclusive, and the Adviser shall be free to render similar or different services to others so long as its ability to render the services provided for in this Agreement shall not be impaired thereby.

Appears in 23 contracts

Samples: Investment Advisory Agreement (Robertson Stephens Investment Trust), Investment Advisory Agreement (Robertson Stephens Investment Trust), Investment Advisory Agreement (Robertson Stephens Investment Trust)

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ADVISER IS INDEPENDENT CONTRACTOR. The Adviser shall, for all purposes herein, be deemed to be an independent contractor, and shall, unless otherwise expressly provided and authorized, have no authority to act for or represent the Trust or any Fund in any way, or in any way be deemed an agent for the Trust or any Fund. It is expressly understood and agreed that the services to be rendered by the Adviser to the Trust and each Fund under the provisions of this Agreement are not to be deemed exclusive, and the Adviser shall be free to render similar or different services to others so long as its ability to render the services provided for in this Agreement shall not be impaired thereby.

Appears in 8 contracts

Samples: Variable Products Trust Investment Advisory Agreement (RS Variable Products Trust), Investment Advisory Agreement (Rs Investment Trust), Investment Advisory Agreement (Rs Investment Trust)

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ADVISER IS INDEPENDENT CONTRACTOR. The Adviser shallAdviser, for all purposes herein, shall be deemed to be an independent contractor, and shall, unless otherwise expressly provided and authorized, shall have no authority to act for or represent the Trust Company or Fund in any way, or in any way be deemed an agent for the Trust Company or Fund. It is expressly understood and agreed that the services to be rendered by the Adviser to the Trust Company and Fund under the provisions of this Agreement are not to be deemed exclusive, and the Adviser shall be free to render similar or different services to others so long as its ability to render the services provided for in this Agreement shall not be impaired thereby.

Appears in 1 contract

Samples: Investment Advisory Agreement (Light Index Fund Inc)

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