Common use of CAPACITY OF PERSONNEL AND STATUS OF FACILITIES Clause in Contracts

CAPACITY OF PERSONNEL AND STATUS OF FACILITIES. When-ever Xxxxxxx utilizes its personnel to perform services for the Funds pursuant to this Agreement, such personnel shall at all times remain employees of Xxxxxxx subject solely to its direction and control, and Xxxxxxx shall alone retain full liability for their compensation, employee benefits, payroll deductions and legally required employer contributions and withholding tax obligations. No facility of Xxxxxxx used in performing services for or subject to use by the Funds pursuant to this Agreement shall be deemed to be transferred, assigned, conveyed, or leased to the Funds by performance, use, or otherwise.

CAPACITY OF PERSONNEL AND STATUS OF FACILITIES. When-ever Whenever Xxxxxxx utilizes its personnel to perform services for the Funds pursuant to this Agreement, such personnel shall at all times remain employees of Xxxxxxx subject solely to its direction and control, and Xxxxxxx shall alone retain full liability for their compensation, employee benefits, payroll deductions and legally required employer contributions and withholding tax obligations. No facility of Xxxxxxx used in performing services for or subject to use by the Funds pursuant to this Agreement shall be deemed to be transferred, assigned, conveyed, or leased to the Funds by performance, use, or otherwise.