Legal-Related Services. Nothing in this Agreement shall be deemed to appoint Fund Services or any of its officers, directors or employees as the Trust attorneys, form attorney-client relationships or require the provision of legal advice. No work performed by employees of Fund Services 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 Trust acknowledges that employees of Fund Services and its affiliates who are attorneys do not represent the Trust and rely on outside counsel retained by the Trust to review all services provided by Fund Services and to provide independent judgment on the Trust’s behalf. The Trust acknowledges that because no attorney-client relationship exists between the Trust and Fund Services (or any employee of Fund Services or its affiliates), any information provided may not be privileged and may be subject to compulsory disclosure.
Appears in 7 contracts
Samples: Fund Administration Servicing Agreement (Tortoise Capital Series Trust), Fund Administration Servicing Agreement (Stone Ridge Trust), Fund Administration Servicing Agreement (Grayscale Funds Trust)
Legal-Related Services. Nothing in this Agreement shall be deemed to appoint Fund Services or any of and its officers, directors or and employees as the Trust Fund attorneys, form attorney-client relationships or require the provision of legal advice. No work performed by employees of Fund Services 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 Trust acknowledges that employees of Fund Services USBGFS and its affiliates who are attorneys do not represent the Trust and rely on outside counsel retained by the Trust to review all services provided by Fund Services and to provide independent judgment on the Trust’s behalf. The Trust acknowledges that because no attorney-client relationship exists between the Trust and Fund Services USBGFS (or any employee of Fund Services USBGFS or its affiliates), any information provided may not be privileged and may be subject to compulsory disclosure, if not otherwise subject to the confidentiality provisions hereunder.
Appears in 2 contracts
Samples: Fund Servicing Agreement (ETF Managers Trust), Fund Servicing Agreement (ETF Managers Trust)