INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMF, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMF, any trading advisor or any limited partners for any acts or omissions of any other trading advisor to the Partnership.
Appears in 53 contracts
Samples: Management Agreement, Management Agreement, Management Agreement
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMF, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFthe General Partner, any trading advisor or any limited partners for any acts or omissions of any other trading advisor to the Partnership.
Appears in 45 contracts
Samples: Management Agreement (Emerging Cta Portfolio Lp), Management Agreement (Warrington Fund Lp), Management Agreement (Commodity Advisors Fund L.P.)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFSBFM, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFthe General Partner, any trading advisor or any limited partners for any acts or omissions of any other trading advisor no longer acting as an advisor to the Partnership.
Appears in 13 contracts
Samples: Management Agreement (Smith Barney Tidewater Futures Fund Lp), Management Agreement (Smith Barney Principal Plus Futures Fund Lp), Management Agreement (Smith Barney Principal Plus Futures Fund Lp)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFSBFM, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFthe General Partner, any trading advisor or any limited partners for any acts or omissions of any other trading advisor, whether or not they are still acting as an advisor to the Partnership.
Appears in 8 contracts
Samples: Management Agreement (Smith Barney Diversified Futures Fund Lp), Management Agreement (Salomon Smith Barney Diversified 2000 Futures Fund Lp), Management Agreement (Smith Barney Diversified Futures Fund L P Ii)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMF, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMF, any trading advisor or any limited partners for any acts or omissions of any other trading advisor to the Partnership.
Appears in 8 contracts
Samples: Management Agreement (Citigroup Diversified Futures Fund Lp), Management Agreement (Citigroup Diversified Futures Fund Lp), Advisory Agreement (Salomon Smith Barney Aaa Energy Fund Ii Lp)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMF, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFthe General Partner, any trading advisor or any limited partners for any acts or omissions of any other trading advisor no longer acting as an advisor to the Partnership.
Appears in 5 contracts
Samples: Management Agreement (Tidewater Futures Fund Lp), Management Agreement (Diversified 2000 Futures Fund L.P.), Management Agreement (Citigroup Global Diversified Futures Fund L P)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMF, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMF, any trading advisor or any limited partners or any other person whatsoever for any acts or omissions of any other trading advisor to the Partnership.
Appears in 5 contracts
Samples: Management Agreement (Ceres Tactical Currency L.P.), Management Agreement (Ceres Tactical Currency L.P.), Management Agreement (Ceres Tactical Currency L.P.)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFSBFM, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFthe General Partner, any trading advisor or any limited partners for any acts or omissions of any other trading advisor, no longer acting as an advisor to the Partnership.
Appears in 4 contracts
Samples: Management Agreement (Citigroup Diversified Futures Fund Lp), Management Agreement (Salomon Smith Barney Fairfield Futures Fund L P), Management Agreement (Salomon Smith Barney Diversified 2000 Futures Fund Lp)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFSBFM, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFthe General Partner, any trading advisor or any limited partners for any acts or omissions of any other trading advisor to the Partnershipadvisor.
Appears in 4 contracts
Samples: Management Agreement (Smith Barney Diversified Futures Fund L P Ii), Management Agreement (Smith Barney Diversified Futures Fund L P Ii), Management Agreement (Smith Barney Diversified Futures Fund Lp)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFSBFM, or any other trading advisoradvisor or to be establishing a partnership or joint venture with any of the foregoing. The Advisor shall not be responsible to the Partnership, CMF, any trading advisor its general partner or any limited partners for any acts or omissions of any other trading advisor acting as an advisor to the Partnership.
Appears in 4 contracts
Samples: Management Agreement (Westport JWH Futures Fund Lp), Management Agreement (Citigroup Diversified Futures Fund Lp), Management Agreement (Citigroup Diversified Futures Fund Lp)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless except as otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFSBFM, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFthe General Partner, any trading advisor or any limited partners for any acts or omissions of any other trading advisor no longer acting as an advisor to the Partnership.
Appears in 4 contracts
Samples: Management Agreement (Smith Barney Diversified Futures Fund L P Ii), Management Agreement (SLH Performance Partners Futures Fund Lp), Management Agreement (Smith Barney Diversified Futures Fund L P Ii)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFSBFM, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMF, any trading advisor or any limited partners for any acts or omissions of any other trading advisor to the Partnership.
Appears in 3 contracts
Samples: Advisory Agreement (Shlomon Smith Barney Aaa Energy Fund Ii Lp), Advisory Agreement (Smith Barney Aaa Energy Fund Lp /Ny), Management Agreement (Shlomon Smith Barney Orion Futures Fund Lp)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMF, or any other trading advisoradvisor to the Partnership. The Advisor shall not be responsible to the Partnership, CMFthe General Partner, any trading advisor or any limited partners for any acts or omissions of any other trading advisor to the Partnership.
Appears in 3 contracts
Samples: Management Agreement (Smith Barney Diversified Futures Fund L P Ii), Advisory Agreement (Salomon Smith Barney Diversified 2000 Futures Fund Lp), Management Agreement (Smith Barney Diversified Futures Fund Lp)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMF, CMF or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMF, any trading advisor or any limited partners for any acts or omissions of any other trading advisor to the Partnership.
Appears in 2 contracts
Samples: Management Agreement (Aaa Capital Energy Fund L.P.), Management Agreement (Aaa Capital Energy Fund L.P. Ii)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFSBFM, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFSBFM, any trading advisor or any limited partners for any acts or omissions of any other trading advisor to the Partnership.
Appears in 2 contracts
Samples: Management Agreement (Citigroup Diversified Futures Fund Lp), Management Agreement (Salomon Smith Barney Diversified 2000 Futures Fund Lp)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFSBFM, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFthe General Partner, any trading advisor or any limited partners for any acts or omissions of any other trading advisor to the Partnership. The parties to this Agreement acknowledge that the Advisor has not been an organizer or promoter of the Partnership.
Appears in 2 contracts
Samples: Management Agreement (Citigroup Diversified Futures Fund Lp), Management Agreement (Citigroup Diversified Futures Fund Lp)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless except as otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMF, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFthe General Partner, any trading advisor or any limited partners for any acts or omissions of any other trading advisor to the Partnership.
Appears in 2 contracts
Samples: Management Agreement, Management Agreement (Diversified Multi-Advisor Futures Fund L.P. Ii)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFSBFM, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFthe General Partner, any trading advisor or any limited partners for any acts or omissions of the Partnership, the General Partner, any other trading advisor to the Partnershipor any limited partner.
Appears in 2 contracts
Samples: Management Agreement (Salomon Smith Barney Diversified 2000 Futures Fund Lp), Management Agreement (Smith Barney Diversified Futures Fund Lp)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMF, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFthe General Partner, any trading advisor or any limited partners for any acts or omissions of any other trading advisor, no longer acting as an advisor to the Partnership.
Appears in 1 contract
Samples: Management Agreement (Citigroup Fairfield Futures Fund Lp Ii)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMF, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFthe General Partner, any trading advisor or any limited partners for any acts or omissions of any other trading advisor to the Partnershipadvisor.
Appears in 1 contract
Samples: Management Agreement (Citigroup Emerging Cta Portfolio Lp)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFthe General Partner, SBFM, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFSBFM, any trading advisor or any limited partners for any acts or omissions of any other trading advisor to the Partnership.
Appears in 1 contract
Samples: Management Agreement (Shlomon Smith Barney Orion Futures Fund Lp)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFSBFM, or any other trading advisoradvisor and shall have no responsibility or liability therefor. The Advisor shall not be responsible to the Partnership, CMFthe General Partner, any trading advisor or any limited partners for any acts or omissions of any other trading advisor acting as an advisor to the Partnership.
Appears in 1 contract
Samples: Management Agreement (Smith Barney Diversified Futures Fund Lp)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFSBFM, or any other trading advisoradvisor or to be establishing a partnership or joint venture with any of the foregoing. The Advisor shall not be responsible to the Partnership, CMF, any trading advisor its general partner or any limited partners for any acts or omissions of any other trading advisor acting or previously acting as an advisor to the Partnership.
Appears in 1 contract
Samples: Management Agreement (Smith Barney Diversified Futures Fund L P Ii)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFSBFM, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFthe General Partner, any trading advisor or any limited partners for any acts or omissions of any other trading advisor to the Partnership.any
Appears in 1 contract
Samples: Management Agreement (Salomon Smith Barney Global Diversified Futures Fund L P)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFSBFM, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFSBFM, any trading advisor or any limited partners for any acts or omissions of any other trading advisor, whether or not they are still acting as advisor to the Partnership.
Appears in 1 contract
Samples: Management Agreement (Smith Barney Diversified Futures Fund L P Ii)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless except as provided herein or as otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMF, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMF, any trading advisor or any limited partners for any acts or omissions of any other trading advisor to the Partnership.
Appears in 1 contract
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFSBFM, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFthe General Partner, any trading advisor or any limited partners for any acts or omissions of any other trading advisor no longer acting as an advisor to the PartnershipPartnerhsip.
Appears in 1 contract
Samples: Management Agreement (Smith Barney Diversified Futures Fund Lp)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFSBFM, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFthe General Partner, any trading advisor or any limited partners for any acts or omissions of any other trading advisor acting as an advisor to the Partnership.
Appears in 1 contract
Samples: Management Agreement (Salomon Smith Barney Global Diversified Futures Fund L P)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFthe General Partner, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFSBFM, any trading advisor or any limited partners for any acts or omissions of any other trading advisor to the Partnership.
Appears in 1 contract
Samples: Management Agreement (Smith Barney Diversified Futures Fund L P Ii)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFthe General Partner, SBFM, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFSBFM, the General Partner, any trading advisor or any limited partners for any acts or omissions of any other trading advisor to the Partnership.
Appears in 1 contract
Samples: Management Agreement (Shlomon Smith Barney Orion Futures Fund Lp)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFSBFM, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFthe General Partner, any trading advisor or any limited partners for any acts or omissions of any other trading advisor whether or not they are still acting as an advisor to the Partnership.
Appears in 1 contract
Samples: Management Agreement (Smith Barney Potomac Futures Fund Lp)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership Company in any way and shall not be deemed an agent, promoter or sponsor of the PartnershipCompany, CMFSFM, or any other trading advisor. The Advisor shall not be responsible to the PartnershipCompany, CMFSFM, any trading advisor or any limited partners members for any acts or omissions of any other trading advisor to the PartnershipCompany, if any.
Appears in 1 contract
Samples: Trading Advisory Agreement (AAA Energy Opportunities Fund LLC)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMF, SBFM or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFthe General Partner, any trading advisor or any limited partners for any acts or omissions of any other trading advisor no longer acting as an advisor to the Partnership.
Appears in 1 contract
Samples: Management Agreement (Smith Barney International Advisors Currency Fund L P)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFSBFM, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFSBFM, any trading advisor or any limited partners for any acts or omissions of any other trading advisor acting as an advisor to the Partnership.
Appears in 1 contract
Samples: Management Agreement (Salomon Smith Barney Diversified 2000 Futures Fund Lp)
INDEPENDENCE OF THE ADVISOR. For all purposes herein, the Advisor shall --------------------------- be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Partnership in any way and shall not be deemed an agent, promoter or sponsor of the Partnership, CMFSBFM, or any other trading advisor. The Advisor shall not be responsible to the Partnership, CMFSBFM, any trading advisor or any limited partners for any acts or omissions of any other trading advisor acting as an advisor to the Partnership.
Appears in 1 contract
Samples: Management Agreement (Salomon Smith Barney Diversified 2000 Futures Fund Lp)
