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 Fund’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 Fund acknowledges that employees of USBGFS and its affiliates who are attorneys do not represent the Fund and rely on outside counsel retained by the Fund to review all services provided by USBGFS and to provide independent judgment on the Fund’s behalf. The Fund acknowledges that because no attorney-client relationship exists between the Fund and USBGFS (or any employee of USBGFS or its affiliates), any information provided may not be privileged and may be subject to compulsory disclosure.

Appears in 3 contracts

Samples: Fund Administration Servicing Agreement (Franklin BSP Private Credit Fund), Fund Administration Servicing Agreement (Finite Solar Finance Fund), Fund Administration Servicing Agreement (Zell Capital)

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Legal-Related Services. Nothing in this Agreement shall be deemed to appoint USBGFS or any of its officers, directors or employees as the Fund’s Fund 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 Fund acknowledges that employees of USBGFS and its affiliates who are attorneys do not represent the Fund and rely on outside counsel retained by the Fund to review all services provided by USBGFS and to provide independent judgment on the Fund’s behalf. The Fund acknowledges that because no attorney-client relationship exists between the Fund and USBGFS (or any employee of USBGFS or its affiliates), any information provided may not be privileged and may be subject to compulsory disclosure.

Appears in 2 contracts

Samples: Fund Administration Servicing Agreement (Nicholas Fund, Inc.), Fund Administration Servicing Agreement (Nicholas Equity Income Fund, Inc.)

Legal-Related Services. Nothing in this Agreement shall be deemed to appoint USBGFS or any of its officers, directors or employees as the Fund’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 Fund Administrator acknowledges that employees of USBGFS and its affiliates who are attorneys do not represent the Fund and rely on outside counsel retained by the Fund to review all services provided by USBGFS and to provide independent judgment on the Fund’s behalf. The Fund Administrator acknowledges that because no attorney-client relationship exists between the Fund and USBGFS (or any employee of USBGFS or its affiliates), any information provided may not be privileged and may be subject to compulsory disclosure.

Appears in 1 contract

Samples: Sub Administration Servicing Agreement (Destiny Tech100 Inc.)

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

Appears in 1 contract

Samples: Fund Administration Servicing Agreement (Stone Ridge Residential Real Estate Income Fund I, Inc.)

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