Common use of Advisor’s Potential Conflicts of Interest Clause in Contracts

Advisor’s Potential Conflicts of Interest. The Advisor (and any affiliate thereof) may engage in any other business or act as advisor to or investment manager for any other person, even though it (or any affiliate thereof) or such other person has, or may have, investment policies similar to those followed by the Advisor with regard to the Subaccount. Nothing in this Agreement shall prevent the Advisor (or any affiliate thereof) from buying or selling, or from recommending or directing such other person to buy or sell, at any time, securities of the same kind or class recommended by the Advisor to be purchased or sold for the Subaccount. The Advisor shall be free from any obligation to the Subaccount to recommend any particular investment opportunity which comes to it. However, if the Advisor effects the purchase or sale of the same securities for the Subaccount and other accounts at the same time that orders are open for the Subaccount and the other accounts, the pricing of or proceeds from such securities shall be allocated among the other accounts and the Subaccount in a just and equitable manner in accordance with the FSA Rules and Applicable Law. The Trustee acknowledges that each individual aggregated transaction may operate to the advantage or disadvantage of the Trustee or the Subaccount. Subject to Applicable Law, in executing transactions on behalf of the Subaccount, the Advisor is hereby authorized to combine orders on behalf of the Subaccount with orders on behalf of other clients of the Advisor.

Appears in 2 contracts

Samples: Investment Advisor Agreement, Investment Advisor Agreement (American Bar Association Members / Northern Trust Collective Tr)

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Advisor’s Potential Conflicts of Interest. The Advisor (and any affiliate thereof) may engage in any other business or act as advisor to or investment manager for any other person, even though it (or any affiliate thereof) or such other person has, or may have, investment policies similar to those followed by the Advisor with regard to the Subaccount. Nothing in this Agreement shall prevent the Advisor (or any affiliate thereof) from buying or selling, or from recommending or directing such other person to buy or sell, at any time, securities of the same kind or class recommended by the Advisor to be purchased or sold for the Subaccount. The Advisor shall be free from any obligation to the Subaccount to recommend any particular investment opportunity which comes to it. However, if the Advisor effects the purchase or sale of the same securities for the Subaccount and other accounts at the same time that orders are open for the Subaccount and the other accounts, the pricing of or proceeds from such securities shall be allocated among the other accounts and the Subaccount in a just and equitable manner in accordance with the FSA Rules and Applicable LawRules. The Trustee acknowledges that each individual aggregated transaction may operate to the advantage or disadvantage of the Trustee or the Subaccount. Subject to Applicable Law, in executing transactions on behalf of the Subaccount, the Advisor is hereby authorized to combine orders on behalf of the Subaccount with orders on behalf of other clients of the Advisor.

Appears in 1 contract

Samples: Investment Advisor Agreement (American Bar Association Members State Street Collective Tr)

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Advisor’s Potential Conflicts of Interest. The Advisor (and any affiliate thereof) may engage in any other business or act as advisor to or investment manager for any other person, even though it (or any affiliate thereof) or such other person has, or may have, investment policies similar to those followed by the Advisor with regard to the Subaccount. Nothing in this Agreement shall prevent the Advisor (or any affiliate thereof) from buying or selling, or from recommending or directing such other person to buy or sell, at any time, securities of the same kind or class recommended by the Advisor to be purchased or sold for the Subaccount. The Advisor shall be free from any obligation to the Subaccount to recommend any particular investment opportunity which comes to it. However, if the Advisor effects the purchase or sale of the same securities for the Subaccount and other accounts at the same time that orders are open for the Subaccount and the other accounts, the pricing of or proceeds from such securities shall be allocated among the other accounts and the Subaccount in a just and equitable manner in accordance manner. The Advisor shall carry out its duties hereunder without regard to whether the SGIC Issuer is affiliated with the FSA Rules Advisor and Applicable Law. The Trustee acknowledges that each individual aggregated transaction may operate to the advantage or disadvantage of the Trustee or undertakes that the Subaccount. Subject to Applicable Law, engagement of such SGIC Issuer will not result in executing transactions on behalf of the Subaccount, the Advisor is hereby authorized to combine orders on behalf of the Subaccount with orders on behalf of other clients of the Advisora non-exempt prohibited transaction.

Appears in 1 contract

Samples: Investment Advisor Agreement (American Bar Association Members / Northern Trust Collective Tr)

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