Common use of Independent Agent Clause in Contracts

Independent Agent. In performing its duties hereunder, Placement Agent shall be regarded as an independent agent. Except as specifically contemplated by Section 1(b) of this Agreement, Placement Agent shall not have any right or authority to create any obligations of any kind on behalf of either the Fund or the Investment Adviser and shall make no representation to any third party to the contrary. Placement Agent may provide services similar to those provided under this Agreement for any other person or entity on such terms as may be arranged with such person or entity, and Placement Agent shall not be required to disclose to the Fund or the Investment Adviser any fact or thing that may come to the knowledge of Placement Agent in the course of so doing.

Appears in 7 contracts

Samples: Private Placement Agent Agreement (Forum CRE Income Fund), Private Placement Agent Agreement (Delaware Wilshire Private Markets Fund), Private Placement Agent Agreement (Primark Private Equity Fund)

AutoNDA by SimpleDocs

Independent Agent. In performing its duties hereunder, the Placement Agent shall be regarded as an independent agent. Except as specifically contemplated by Section 1(b) of this Agreement, the Placement Agent shall not have any right or authority to create any obligations of any kind on behalf of either the Fund or the Investment Adviser and shall make no representation to any third party to the contrary. The Placement Agent may provide services similar to those provided under this Agreement for any other person or entity on such terms as may be arranged with such person or entity, and the Placement Agent shall not be required to disclose to the Fund or the Investment Adviser any fact or thing that may come to the knowledge of the Placement Agent in the course of so doing.

Appears in 2 contracts

Samples: Private Placement Agent Agreement (Privacore PCAAM Alternative Income Fund), Private Placement Agent Agreement (Privacore PCAAM Alternative Growth Fund)

Independent Agent. In performing its duties hereunder, Placement Agent shall be regarded as an independent agentcontractor of the Fund. Except as specifically contemplated by Section 1(b1(a) of this Agreement, Placement Agent shall not have any right or authority to create any obligations of any kind on behalf of either the Fund or the Investment Adviser and shall make no representation to any third party to the contrary. Placement Agent may provide services similar to those provided under this Agreement for any other person or entity on such terms as may be arranged with such person or entity, and Placement Agent shall not be required to disclose to the Fund or the Investment Adviser any fact or thing that may come to the knowledge of Placement Agent in the course of so doing.

Appears in 1 contract

Samples: Private Placement Agent Agreement (Ellington Income Opportunities Fund)

AutoNDA by SimpleDocs

Independent Agent. In performing its duties hereunder, Placement Agent shall be regarded as an independent agent. Except as specifically contemplated by Section 1(b1(A) of this Agreement, Placement Agent shall not have any right or authority to create any obligations of any kind on behalf of either the Fund or the Investment Adviser and shall make no representation to any third party to the contrary. Placement Agent may provide services similar to those provided under this Agreement for any other person or entity on such terms as may be arranged with such person or entity, and Placement Agent shall not be required to disclose to the Fund or the Investment Adviser any fact or thing that may come to the knowledge of Placement Agent in the course of so doing.

Appears in 1 contract

Samples: Placement Agent Agreement (Advisers Investment Trust)

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