Common use of Independent Contractors; No Agency Clause in Contracts

Independent Contractors; No Agency. The Sub-adviser shall for all purposes herein be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized by this Agreement or otherwise, have no authority to act for or represent the Fund or Portfolios in any way or otherwise be deemed an agent of the Fund or Portfolios. This Agreement will not be construed to create or imply any partnership, agency, or joint venture.

Appears in 14 contracts

Samples: Investment Advisory Agreement (Great-West Funds Inc), Sub Advisory Agreement (Great-West Funds Inc), Sub Advisory Agreement (Great-West Funds Inc)

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Independent Contractors; No Agency. The Sub-adviser Adviser shall for all purposes herein be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized by this Agreement or otherwise, have no authority to act for or represent Empower Funds or the Fund or Portfolios in any way or otherwise be deemed an agent of Empower Funds or the Fund or PortfoliosFund. This Agreement will not be construed to create or imply any partnership, agency, or joint venture.

Appears in 4 contracts

Samples: Sub Advisory Agreement (Empower Funds, Inc.), Sub Advisory Agreement (Empower Funds, Inc.), Sub Advisory Agreement (Empower Funds, Inc.)

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Independent Contractors; No Agency. The Sub-adviser Adviser shall for all purposes herein be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized by this Agreement or otherwise, have no authority to act for or represent the Fund or Portfolios in any way or otherwise be deemed an agent of the Fund or PortfoliosFund. This Agreement will not be construed to create or imply any partnership, agency, or joint venture.

Appears in 2 contracts

Samples: Sub Advisory Agreement (Great-West Funds Inc), Sub Advisory Agreement (Great-West Funds Inc)

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