Common use of No Association or Agency Clause in Contracts

No Association or Agency. The Service Organization shall be deemed to be an independent contractor and not an agent of the Trust for all purposes hereunder and shall have no authority to act for or represent the Trust. In addition, no officer or employee of the Service Organization shall be deemed to be an employee or agent of the Trust or Xxxxxxx Xxxxx Asset Management ("GSAM"), nor will be subject, in any respect, to the supervision of GSAM or any affiliate thereof.

No Association or Agency. The Service Organization shall be deemed to be an independent contractor and not an agent of GSAM or the Trust for all purposes hereunder and shall have no authority to act for or represent GSAM or the Trust. In addition, no officer or employee of the Service Organization shall be deemed to be an employee or agent of the Trust or Xxxxxxx Xxxxx Asset Management ("GSAM"), nor will be subject, in any respect, to the supervision of GSAM or any affiliate thereof.

No Association or Agency. The Service Organization shall be deemed to be an independent contractor and not an agent of the Trust Gxxxxxx Sxxxx or any Fund for all purposes hereunder and shall have no authority to act for or represent the TrustGxxxxxx Sxxxx or any Fund. In addition, no officer or employee of the Service Organization shall be deemed to be an employee or agent of the Trust Funds or Xxxxxxx Xxxxx Asset Management ("GSAM"), nor will Gxxxxxx Sxxxx or be subject, in any respect, to the supervision of GSAM Gxxxxxx Sxxxx or any affiliate thereof.

No Association or Agency. The Service Organization shall be deemed to be an independent contractor and not an agent of the Trust Xxxxxxx Sachs or any Fund for all purposes hereunder and shall have no authority to act for or represent the TrustXxxxxxx Xxxxx or any Fund. In addition, no officer or employee of the Service Organization shall be deemed to be an employee or agent of the Trust Funds or Xxxxxxx Xxxxx Asset Management ("GSAM"), nor will Sachs or be subject, in any respect, to the supervision of GSAM Xxxxxxx Xxxxx or any affiliate thereof.

No Association or Agency. The Service Organization shall be deemed to be an independent contractor and not an agent of the Trust for all purposes hereunder and shall have no authority to act for or represent the Trust. In addition, no officer or employee of the Service Organization shall be deemed to be an employee or agent of the Trust or Xxxxxxx Xxxxx Asset Management ("“GSAM"”), nor will be subject, in any respect, to the supervision of GSAM or any affiliate thereof.

No Association or Agency. The Service Organization shall be deemed to be an independent contractor and not an agent of the Trust Gxxxxxx Sachs or any Fund for all purposes hereunder and shall have no authority to act for or represent the TrustGxxxxxx Sxxxx or any Fund. In addition, no officer or employee of the Service Organization shall be deemed to be an employee or agent of the Trust Gxxxxxx Sachs or Xxxxxxx Xxxxx Asset Management ("GSAM"), nor will be subject, in any respect, to the supervision of GSAM Gxxxxxx Sxxxx or any affiliate thereof.