Documents and Applicable Laws. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust's Agreement and Declaration of Trust, By-Laws, or any applicable statute or regulation, or to relieve or deprive the Board of Trustees of the Trust of its responsibility for and control of the conduct of the affairs of the Trust and the Fund. In this connection, the Sub-Advisor acknowledges that the Advisor and the Trust's Board of Trustees retain ultimate plenary authority over the Fund, including the Allocated Portion, and may take any and all actions necessary and reasonable to protect the interests of shareholders.
Appears in 7 contracts
Samples: Investment Sub Advisory Agreement (Masters Select Funds Trust), Investment Sub Advisory Agreement (Masters Select Funds Trust), Investment Sub Advisory Agreement (Masters Select Funds Trust)
Documents and Applicable Laws. Nothing herein contained shall be deemed to require the Trust or the Fund Funds to take any action contrary to the Trust's Agreement and Declaration of Trust, By-Laws, or any applicable statute or regulation, or to relieve or deprive the Board of Trustees of the Trust of its responsibility for and control of the conduct of the affairs of the Trust and the FundFunds. In this connection, the Sub-Advisor acknowledges that the Advisor and the Trust's Board of Trustees retain ultimate plenary authority over the Fund, including the Allocated Portion, Funds and may take any and all actions necessary and reasonable to protect the interests of shareholders.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Professionally Managed Portfolios), Investment Advisory Agreement (Professionally Managed Portfolios), Investment Advisory Agreement (Professionally Managed Portfolios)
Documents and Applicable Laws. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust's Agreement and Declaration of Trust, By-Laws, or any applicable statute or regulation, or to relieve or deprive the Board of Trustees of the Trust of its responsibility for and control of the conduct of the affairs of the Trust and the FundFunds. In this connection, the Sub-Advisor Manager acknowledges that the Advisor and the Trust's Board of Trustees retain ultimate plenary authority over the Fund, including the Allocated PortionPortion [Portfolio Allocation?], and may take any and all actions necessary and reasonable to protect the interests of shareholders.
Appears in 2 contracts
Samples: Investment Management Agreement (Masters Select Equity Fund), Sub Advisory Agreement (Masters Concentrated Select Trust)
Documents and Applicable Laws. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust's Agreement and Declaration of Trust, By-Laws, or any applicable statute or regulation, or to relieve or deprive the Board of Trustees of the Trust of its responsibility for and control of the conduct of the affairs of the Trust and the Fund. In this connection, the Sub-Advisor acknowledges that the Advisor and the Trust's Board of Trustees retain ultimate plenary authority over the Fund, including the Allocated Portion, and may take any and all actions necessary and reasonable to protect the interests of shareholders.
Appears in 2 contracts
Samples: Investment Sub Advisory Agreement (Masters Select Investment Trust), Investment Sub Advisory Agreement (Masters Select Equity Fund)
Documents and Applicable Laws. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust's Agreement and Declaration of Trust, By-Laws, or any applicable statute or regulation, or to relieve or deprive the Board of Trustees of the Trust of its responsibility for and control of the conduct of the affairs of the Trust and the FundFunds. In this connection, the Sub-Advisor Manager acknowledges that the Advisor and the Trust's Board of Trustees retain ultimate plenary authority over the Fund, including the Allocated Portion, and may take any and all actions necessary and reasonable to protect the interests of shareholders.
Appears in 1 contract
Samples: Investment Management Agreement (Masters Select Equity Fund)
Documents and Applicable Laws. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust's Agreement and Declaration of Trust, By-Laws, or any applicable statute or regulation, or to relieve or deprive the Board of Trustees of the Trust of its responsibility for and control of the conduct of the affairs of the Trust and the Fund. In this connection, the Sub-Advisor Manager acknowledges that the Advisor and the Trust's Board of Trustees retain ultimate plenary authority over the Fund, including the Allocated Portion, and may take any and all actions necessary and reasonable to protect the interests of shareholders.
Appears in 1 contract
Samples: Investment Management Agreement (Masters Select Equity Fund)
