Common use of Avoidance of Inconsistent Position Clause in Contracts

Avoidance of Inconsistent Position. In connection with purchases or sales of portfolio securities for the account of the Fund, neither the Manager nor any of the Manager's directors, officers or employees will act as a principal or agent or receive any commission.

Appears in 124 contracts

Samples: Management Agreement (Principal Variable Contracts Funds Inc), Management Agreement (Principal Variable Contracts Funds Inc), Management Agreement (Principal Variable Contracts Funds Inc)

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Avoidance of Inconsistent Position. In connection with purchases or sales of portfolio securities for the account of the Fund, neither the Manager nor any of the Manager's ’s directors, officers or employees will act as a principal or agent or receive any commission.

Appears in 38 contracts

Samples: Management Agreement (Principal Private Credit Fund I), Select Real Asset Fund (Principal Diversified Select Real Asset Fund), Management Agreement (Principal Diversified Select Real Asset Fund)

Avoidance of Inconsistent Position. In connection with purchases or sales of portfolio securities for the account of the Fund, neither the Manager nor any of the Manager's directors’s trustees, officers or employees will act as a principal or agent or receive any commission.

Appears in 31 contracts

Samples: Management Agreement (Principal Exchange-Traded Funds), Management Agreement (Principal Exchange-Traded Funds), Management Agreement (Principal Exchange-Traded Funds)

Avoidance of Inconsistent Position. In connection with purchases or sales of portfolio securities for the account of the Fundeach Series, neither the Manager nor any of the Manager's ’s directors, officers or employees will act as a principal or agent or receive any commission.

Appears in 28 contracts

Samples: Management Agreement (Principal Funds, Inc.), Management Agreement (Principal Funds, Inc.), Management Agreement (Principal Funds, Inc.)

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Avoidance of Inconsistent Position. In connection with purchases or sales of portfolio securities for the account of the Fundeach Series, neither the Manager nor any of the Manager's directors, officers or employees will act as a principal or agent or receive any commission.

Appears in 19 contracts

Samples: Management Agreement (Principal Variable Contracts Funds Inc), Management Agreement (Principal Variable Contracts Funds Inc), Management Agreement (Principal Funds, Inc.)

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