Common use of Exclusivity of Services Clause in Contracts

Exclusivity of Services. Notwithstanding Section 3 of the Agreement, but otherwise subject to the terms and conditions of the Agreement, Sub-Adviser agrees that it shall not grant a license to use the specific strategy utilized in the management of a Fund listed on Schedule A within an actively managed exchange traded fund (ETF) listed in the United States for a period of one (1) year from the date Sub-Adviser begins actively managing the Assets of the Fund.

Appears in 4 contracts

Samples: Investment Sub Advisory Agreement (AdvisorShares Trust), Interim Investment Sub Advisory Agreement (AdvisorShares Trust), Investment Sub Advisory Agreement (AdvisorShares Trust)

AutoNDA by SimpleDocs

Exclusivity of Services. Notwithstanding Section 3 of the Agreement, but otherwise subject to the terms and conditions of the this Agreement, Sub-Adviser agrees that it shall not grant a license to use the specific strategy utilized in the management of a Fund listed on Schedule A within an actively managed exchange traded fund (ETF) listed in the United States for a period of one (1) year from the date Sub-Adviser begins actively managing the Assets of the Fund.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (AdvisorShares Trust)

AutoNDA by SimpleDocs

Exclusivity of Services. Notwithstanding Section 3 of the Agreement, but otherwise subject to the terms and conditions of the Agreement, Sub-Sub- Adviser agrees that it shall not grant a license to use the specific strategy utilized in the management of a Fund listed on Schedule A within an actively managed exchange traded fund (ETF) listed in the United States for a period of one (1) year from the date Sub-Adviser begins actively managing the Assets of the Fund.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (AdvisorShares Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!