Not Partners or Joint Venturers. The Trustee and the Manager are not partners or joint venturers with each other and nothing herein shall be construed so as to make them partners or joint venturers or impose any liability as such on either of them; provided, however, that nothing herein shall be construed so as to prohibit the Trust and the Manager or its affiliates from embarking upon an investment together as partners, joint venturers or in any other manner whatsoever, subject to Applicable Law.
Appears in 5 contracts
Samples: Management Agreement (APMEX Physical - 1 Oz. Gold Redeemable Trust), Management Agreement (APMEX Physical - 1 Oz. Gold Redeemable Trust), Management Agreement (APMEX Physical - 1 Oz. Gold Redeemable Trust)
