Common use of Limitations of Sub-Adviser’s Responsibility Clause in Contracts

Limitations of Sub-Adviser’s Responsibility. Except as expressly set forth in this Agreement, the Sub-Adviser shall not be responsible for aspects of the Fund’s investment program other than the management of the Allocated Portion in accordance with the Strategy.

Appears in 48 contracts

Samples: Sub Advisory Agreement (Blackstone Alternative Investment Funds), Sub Advisory Agreement (Blackstone Alternative Investment Funds), Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds)

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Limitations of Sub-Adviser’s Responsibility. Except as expressly set forth in this Agreement, the Sub-Adviser shall not be responsible for any aspects of the Fund’s investment program other than the management of the Allocated Portion in accordance with the Strategy.

Appears in 24 contracts

Samples: Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds), Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds), Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds)

Limitations of Sub-Adviser’s Responsibility. Except as expressly set forth in this Agreement, the Sub-Adviser shall not be responsible for aspects of the Fund’s investment program other than the management implementation of the Strategy with respect to the Allocated Portion in accordance with the StrategyPortion.

Appears in 15 contracts

Samples: Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds), Sub Advisory Agreement (Blackstone Alternative Investment Funds), Sub Advisory Agreement (Blackstone Alternative Investment Funds)

Limitations of Sub-Adviser’s Responsibility. Except as expressly set forth in this Agreement, the Sub-Adviser shall not be responsible for aspects of the Fund’s investment program other than the management of the Allocated Portion in accordance with the StrategyInvestment Guidelines.

Appears in 8 contracts

Samples: Investment Sub Advisory Agreement (FS Multi-Alternative Income Fund), Investment Sub Advisory Agreement (FS Multi-Alternative Income Fund), Investment Sub Advisory Agreement (FS Multi-Alternative Income Fund)

Limitations of Sub-Adviser’s Responsibility. Except as expressly set forth in this AgreementAgreement or otherwise agreed to by the parties hereto, the Sub-Adviser shall not be responsible for aspects of the Fund’s investment program other than the management of that do not relate to the Allocated Portion in accordance with the StrategyPortion.

Appears in 7 contracts

Samples: Sub Advisory Agreement (Blackstone Alternative Investment Funds), Sub Advisory Agreement (Blackstone Alternative Investment Funds), Sub Advisory Agreement (Blackstone Alternative Investment Funds)

Limitations of Sub-Adviser’s Responsibility. Except as expressly set forth in this Agreement, the Sub-Adviser shall not be responsible for aspects of the Fund’s investment program other than the management implementation of the Strategy for the Allocated Portion, including, without limitation, purchases and sales of securities or other investments (and selection of brokers to conduct such purchases and sales) other than for the Allocated Portion in accordance with the Strategy.

Appears in 5 contracts

Samples: Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds), Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds), Sub Advisory Agreement (Blackstone Alternative Investment Funds)

Limitations of Sub-Adviser’s Responsibility. Except as expressly set forth in this Agreement, the Sub-Adviser shall not be responsible for aspects of the Fund’s investment program other than the management of the Allocated Portion in accordance with the StrategyStrategy or for any obligations of the Fund.

Appears in 5 contracts

Samples: Investment Sub Advisory Agreement (FS Series Trust), Investment Sub Advisory Agreement (FS Series Trust), Investment Sub Advisory Agreement (FS Series Trust)

Limitations of Sub-Adviser’s Responsibility. Except as expressly set forth in this Agreement, the Sub-Adviser shall not be responsible for aspects of the Fund’s investment program other than the management implementation of the Strategy with respect to the Allocated Portion. In so implementing the Strategy with respect to the Allocated Portion, except as otherwise agreed, the Sub-Adviser shall not be required to consider any assets or other investments of the Fund outside of the Allocated Portion in accordance with the StrategyPortion.

Appears in 4 contracts

Samples: Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds), Sub Advisory Agreement (Blackstone Alternative Investment Funds), Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds)

Limitations of Sub-Adviser’s Responsibility. Except Other than as expressly set forth in this Agreementherein, the Sub-Adviser shall not be responsible for aspects of the Fund’s investment program other than the management implementation of the Strategy with respect to the Allocated Portion in accordance with the StrategyPortion.

Appears in 4 contracts

Samples: Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds), Sub Advisory Agreement (Blackstone Alternative Investment Funds), Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds)

Limitations of Sub-Adviser’s Responsibility. Except as expressly set forth in this Agreement, the The Sub-Adviser shall not be responsible for aspects of providing advice to the Fund’s investment program Fund other than the management of with respect to the Allocated Portion in accordance with the StrategyPortion.

Appears in 4 contracts

Samples: Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds), Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds), Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds)

Limitations of Sub-Adviser’s Responsibility. Except as expressly set forth in this Agreement, the Sub-Adviser shall not be responsible for any aspects of the Fund’s investment program other than the management of the Allocated Portion in accordance with the Strategy.

Appears in 3 contracts

Samples: Sub Advisory Agreement (Blackstone Alternative Investment Funds), Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds), Sub Advisory Agreement (Blackstone Alternative Investment Funds)

Limitations of Sub-Adviser’s Responsibility. Except as expressly set forth in this Agreement, the The Sub-Adviser shall not be responsible for aspects of managing the Fund’s investment program other than the management of the Allocated Portion in accordance with the Strategy.

Appears in 2 contracts

Samples: Sub Advisory Agreement (Ab Cap Fund, Inc.), Sub Advisory Agreement (Alliancebernstein Cap Fund, Inc.)

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Limitations of Sub-Adviser’s Responsibility. Except as expressly set forth in this Agreement, the Sub-Adviser shall not be responsible for any aspects of the Fund’s investment program other than the management of the Allocated Portion in accordance with the Strategy, subject to the limitations and conditions set forth herein.

Appears in 2 contracts

Samples: Sub Advisory Agreement (Alliancebernstein Cap Fund, Inc.), Sub Advisory Agreement (Alliancebernstein Cap Fund, Inc.)

Limitations of Sub-Adviser’s Responsibility. Except as expressly set forth in this Agreement, the Sub-Adviser shall not be responsible for any aspects of the Fund’s investment program other than the management of the Allocated Portion in accordance with the StrategyStrategy and as specifically detailed in this Agreement.

Appears in 1 contract

Samples: Sub Advisory Agreement (Alliancebernstein Cap Fund, Inc.)

Limitations of Sub-Adviser’s Responsibility. Except as expressly set forth in this Agreement, the Sub-Adviser shall not be responsible for aspects of the Fund’s investment program other than the management of the Allocated Portion in accordance with the applicable Strategy.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds)

Limitations of Sub-Adviser’s Responsibility. Except as expressly set forth in this Agreement, the Sub-Adviser shall not be responsible for aspects of the Fund’s investment program with respect to the Fund’s assets other than the management Allocated Portion, including, without limitation, purchases and sales of securities or other investments (and selection of brokers to conduct such purchases and sales) in connection with such other aspects of the Allocated Portion in accordance with the StrategyFund’s investment program.

Appears in 1 contract

Samples: Sub Advisory Agreement (Blackstone Alternative Investment Funds)

Limitations of Sub-Adviser’s Responsibility. Except as expressly set forth in this Agreement, the Sub-Adviser shall not be responsible for aspects of advising the Adviser with respect to the Fund’s investment program other than the management implementation of the Consulting Strategy with respect to the Allocated Portion in accordance with the StrategyPortion.

Appears in 1 contract

Samples: Sub Advisory Agreement (Blackstone Alternative Investment Funds)

Limitations of Sub-Adviser’s Responsibility. Except as expressly set forth in this Agreement, the Sub-Adviser shall not be responsible for aspects of the Fund’s investment program or compliance program other than in relation to the management of the Allocated Portion in accordance with the Strategy.

Appears in 1 contract

Samples: Sub Advisory Agreement (Blackstone Alternative Investment Funds)

Limitations of Sub-Adviser’s Responsibility. Except as expressly set forth in this Agreement, the Sub-Adviser shall not be responsible for any aspects of the Fund’s investment program other than the management of the Allocated Portion in accordance with the Strategy, and in particular the Sub-Adviser shall not have any responsibility of any kind with respect to the exection, negotiation, monitoring or any other services with respect to any Basket Swap or Basket Note, which shall not be deemed to be part of the Allocated Portion for purposes of this Agreement.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds)

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