Common use of APPOINTMENT OF BHMS Clause in Contracts

APPOINTMENT OF BHMS. IMCO hereby appoints BHMS to act as an investment adviser for each Fund Account in accordance with the terms and conditions of this Agreement. BHMS will be an independent contractor and will have no authority to act for or represent the Company or IMCO in any way or otherwise be deemed an agent of the Company or IMCO except as expressly authorized in this Agreement or another writing by the Company, IMCO and BHMS. BHMS accepts such appointment and agrees to render the services herein set forth for the compensation herein provided.

Appears in 3 contracts

Samples: Management Agreement (Usaa Mutual Funds Trust), Investment Subadvisory Agreement (Usaa Investment Trust), Investment Subadvisory Agreement (Usaa Mutual Fund Inc)

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APPOINTMENT OF BHMS. IMCO hereby appoints BHMS to act as an investment adviser for each Fund Account in accordance with the terms and conditions of this Agreement. BHMS will be an independent contractor and will have no authority to act for or represent the Company or IMCO in any way or otherwise be deemed an agent of the Company or IMCO except as expressly authorized in this Agreement or another writing by the Company, IMCO and BHMS. BHMS XXXX accepts such appointment and agrees to render the services herein set forth for the compensation herein provided.

Appears in 1 contract

Samples: Investment Subadvisory Agreement (Usaa Mutual Fund Inc)

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APPOINTMENT OF BHMS. IMCO hereby appoints BHMS to act as an investment adviser for each Fund Account in accordance with the terms and conditions of this Agreement. BHMS will be an independent contractor and will have no authority to act for or represent the Company Trust or IMCO in any way or otherwise be deemed an agent of the Company Trust or IMCO except as expressly authorized in this Agreement or another writing by the CompanyTrust, IMCO and BHMS. BHMS accepts such appointment and agrees to render the services herein set forth for the compensation herein provided.

Appears in 1 contract

Samples: Management Agreement (Usaa Mutual Funds Trust)

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