Common use of Investment Authority; No Fiduciary Clause in Contracts

Investment Authority; No Fiduciary. In no event shall a Fund (i) have or exercise any discretionary authority or discretionary control whatsoever respecting the management or any assets in any IXX Account or any authority or control respecting the disposition of any assets of the IXX Account; (ii) render or have authority or responsibility to render investment advice with respect to any monies or other property of any IXX Account; or (iii) have or exercise any discretionary authority or discretionary responsibility in the administration of any IXX Account. In no event shall a Fund be deemed to be a

Appears in 6 contracts

Samples: Services Agreement (CPG Vintage Access Fund V, LLC), Services Agreement (CPG Vintage Access Fund IV, LLC), Services Agreement (CPG Cooper Square International Equity, LLC)

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