Common use of Engagement of Administrator Clause in Contracts

Engagement of Administrator. The Company hereby engages the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the Company, for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the Company.

Engagement of Administrator. The Each Company hereby engages and retains the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the Company, below for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment engagement and retention and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth forth, subject to the reimbursement of costs and expenses provided for below. The Administrator, and any others with whom the Administrator and such others subcontracts to provide the services set forth herein, shall for all purposes herein be deemed to be independent contractors of each Company and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the a Company in any way or otherwise be deemed agents of such Company. The Administrator shall be subject to review and oversight by the board of trustees of each Company (the “Boards”) to assure that the administrative procedures, operations and programs of each Company are in the best interests of such Company’s shareholders.

Engagement of Administrator. The Commencing on the date hereof, the Company hereby engages and retains the Administrator to act as administrator of the Company, and to furnishprovide, or arrange for others suitable third parties to furnishprovide, the administrative services, personnel personnel, and facilities described below, subject to review by and the overall control supervision of the Board of Directors of the CompanyCompany (the “Board”), for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment engagement and agrees during such period to renderprovide, or arrange for the rendering ofsuitable third parties to provide, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the Company.

Engagement of Administrator. The Each Company hereby engages and retains the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the Company, below for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment engagement and retention and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth forth, subject to the reimbursement of costs and expenses provided for below. The Administrator, and any others with whom the Administrator and such others subcontracts to provide the services set forth herein, shall for all purposes herein be deemed to be independent contractors of each Company and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the a Company in any way or otherwise be deemed agents of the Company. The Administrator shall be subject to review and oversight by the Board of Trustees of each Company to assure that the administrative procedures, operations and programs of the Company are in the best interests of the Company’s shareholders.

Engagement of Administrator. The Company hereby engages and retains the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the Company, below for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment engagement and retention and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth forth, subject to the reimbursement of costs and expenses provided for below. The Administrator, and any others with whom the Administrator and such others subcontracts to provide the services set forth herein, shall for all purposes herein be deemed to be independent contractors of the Company and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the Company. The Administrator shall be subject to review and oversight by the Board of Directors of the Company (the “Board of Directors”) to assure that the administrative procedures, operations and programs of the Company are in the best interests of the Company’s shareholders.

Engagement of Administrator. The Company Corporation hereby engages the Administrator to act as administrator of the CompanyCorporation, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the CompanyCorporation, for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment engagement and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company Corporation in any way or otherwise be deemed agents of the CompanyCorporation.

Engagement of Administrator. The Company hereby engages the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the CompanyCompany (the “Board”), for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment engagement and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the Companycontractors.

Engagement of Administrator. The Company Trust hereby engages and retains the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the Company, below for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment engagement and retention and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth forth, subject to the reimbursement of costs and expenses provided for below. The Administrator, and any others with whom the Administrator and such others subcontracts to provide the services set forth herein, shall for all purposes herein be deemed to be independent contractors of the Trust and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company Trust in any way or otherwise be deemed agents of the CompanyTrust.