Common use of Citi Clause in Contracts

Citi. Citi shall furnish at its own expense the executive, supervisory and clerical personnel necessary to perform its obligations under this Agreement. Citi shall also provide the items which it is obligated to provide under this Agreement, and shall pay all compensation, if any, of officers of the Company and Trustees of the Company who are affiliated persons of Citi or any affiliated corporation of Citi; provided, however, that unless otherwise specifically provided, Citi shall not be obligated to pay the compensation of any employee of the Company retained by the Board to perform services on behalf of the Company.

Appears in 5 contracts

Samples: Transfer Agency Services Agreement (HSBC Advisor Funds Trust), Transfer Agency Services Agreement (HSBC Portfolios), Transfer Agency Services Agreement (HSBC Funds)

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Citi. Citi shall furnish at its own expense the executive, supervisory and clerical personnel necessary to perform its obligations under this Agreement. Citi shall also provide the items which it is obligated to provide under this Agreement, and shall pay all compensation, if any, of officers of the Company and Trustees of the Company Funds who are affiliated persons of Citi or any affiliated corporation of Citi; provided, however, that unless otherwise specifically provided, Citi shall not be obligated to pay the compensation of any employee of the Company Funds retained by the Board to perform services on behalf of the CompanyFunds.

Appears in 2 contracts

Samples: Sub Administration Services Agreement (HSBC Investor Portfolios), Sub Administration Services Agreement (HSBC Investor Funds)

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Citi. Citi shall furnish at its own expense the executive, supervisory and clerical personnel necessary to perform its obligations under this Agreement. Citi shall also provide the items which it is obligated to provide under this Agreement, and shall pay all compensation, if any, of officers of the Company and Trustees Directors of the Company who are affiliated persons of Citi or any affiliated corporation of Citi; provided, however, that unless otherwise specifically provided, Citi shall not be obligated to pay the compensation of any employee of the Company retained by the Board to perform services on behalf of the Company.

Appears in 1 contract

Samples: Co Administration Agreement (First Focus Funds Inc)

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