Common use of Duties of the Placement Agent Clause in Contracts

Duties of the Placement Agent. (a) The Placement Agent shall devote reasonable time and effort to its duties hereunder. The services of the Placement Agent to the Trust hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Placement Agent from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby.

Appears in 46 contracts

Samples: Placement Agent Agreement (Master Investment Portfolio II), Placement Agent Agreement (Master Investment Portfolio), Placement Agent Agreement (Master Focus Twenty Trust)

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Duties of the Placement Agent. (a) The Placement Agent shall devote reasonable time and effort to its duties hereunder. The services of the Placement Agent to the Trust Company hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Placement Agent from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby.

Appears in 10 contracts

Samples: Placement Agent Agreement (Master Large Cap Series LLC), Agent Agreement (Master Senior Floating Rate LLC), Placement Agent Agreement (Master Focus Growth LLC)

Duties of the Placement Agent. (a) The Placement Agent shall devote reasonable time and effort to its duties hereunder. The services of the Placement Agent to the Trust Fund hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Placement Agent from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby.

Appears in 1 contract

Samples: Tender and Paying Agent Agreement (Blackrock Muniyield New Jersey Fund, Inc.)

Duties of the Placement Agent. (a) The Placement Agent shall devote reasonable time and effort to its duties hereunder. The services of the Placement Agent to the Trust hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Placement Agent from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby.like

Appears in 1 contract

Samples: Placement Agent Agreement (Fund Asset Management Master Trust)

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Duties of the Placement Agent. (a) The Placement Agent shall devote reasonable time and effort to its duties hereunder. The services of the Placement Agent to the Trust Master LLC hereunder are not to be deemed exclusive and nothing herein contained shall prevent the Placement Agent from entering into like arrangements with other investment companies so long as the performance of its obligations hereunder is not impaired thereby.

Appears in 1 contract

Samples: Placement Agent Agreement (Blackrock Master LLC)

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