Common use of Legal-Related Services Clause in Contracts

Legal-Related Services. Nothing in this Agreement shall be deemed to appoint USBGFS or any of its officers, directors or employees as the Administrator attorneys, form attorney-client relationships or require the provision of legal advice. No work performed by employees of USBGFS or its affiliates (whether relating to the preparation or filing of regulatory materials, compliance with applicable laws, rules, or regulations, or otherwise) shall constitute legal advice. The Administrator acknowledges that employees of USBGFS and its affiliates who are attorneys do not represent the Administrator and rely on outside counsel retained by the Administrator to review all services provided by USBGFS and to provide independent judgment on the Administrator’s behalf. The Administrator acknowledges that because no attorney-client relationship exists between the Administrator and USBGFS (or any employee of USBGFS or its affiliates), any information provided may not be privileged and may be subject to compulsory disclosure.

Legal-Related Services. Nothing in this Agreement shall be deemed to appoint USBGFS or any of its officers, directors or employees as the Administrator Adviser’s attorneys, form attorney-client relationships or require the provision of legal advice. No work performed by employees of USBGFS or its affiliates (whether relating to the preparation or filing of regulatory materials, compliance with applicable laws, rules, or regulations, or otherwise) shall constitute legal advice. The Administrator Adviser acknowledges that employees of USBGFS and its affiliates who are attorneys do not represent the Administrator Adviser and rely on outside counsel retained by the Administrator Adviser to review all services provided by USBGFS and to provide independent judgment on the AdministratorAdviser’s behalf. The Administrator Adviser acknowledges that because no attorney-client relationship exists between the Administrator Adviser and USBGFS (or any employee of USBGFS or its affiliates), any information provided may not be privileged and may be subject to compulsory disclosure.

Legal-Related Services. Nothing in this Agreement shall be deemed to appoint USBGFS or any of its officers, directors or employees as the Administrator Administrator’s attorneys, form attorney-client relationships or require the provision of legal advice. No work performed by employees of USBGFS or its affiliates (whether relating to the preparation or filing of regulatory materials, compliance with applicable laws, rules, or regulations, or otherwise) shall constitute legal advice. The Administrator acknowledges that employees of USBGFS and its affiliates who are attorneys do not represent the Administrator and rely on outside counsel retained by the Administrator to review all services provided by USBGFS and to provide independent judgment on the Administrator’s behalf. The Administrator acknowledges that because no attorney-client relationship exists between the Administrator and USBGFS (or any employee of USBGFS or its affiliates), any information provided may not be privileged and may be subject to compulsory disclosure.