Common use of Other Activities of the Sub-Adviser Clause in Contracts

Other Activities of the Sub-Adviser. It is understood that the services of the Sub-Adviser are not exclusive, and that nothing in this Agreement shall prevent the Sub-Adviser from providing similar services to other investment companies or to other clients or from engaging in other activities, provided such other services and activities do not, during the term of this Agreement, interfere with the Sub-Adviser’s ability to meet its obligations to the Adviser, Trust and Funds. If the Sub-Adviser provides any advice to its clients concerning investment in the shares of a Fund, the Sub-Adviser shall act solely for such clients in that regard and not in any way on behalf of the Adviser, Trust or the Funds.

Appears in 3 contracts

Samples: Investment Sub Advisory Agreement (AARP Funds), Investment Sub Advisory Agreement (AARP Funds), Investment Sub Advisory Agreement (AARP Funds)

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Other Activities of the Sub-Adviser. It is understood that the services of the Sub-Adviser are not exclusive, and that nothing in this Agreement shall prevent the Sub-Adviser from providing similar services to other investment companies or to other clients or from engaging in other activities, provided such other services and activities do not, during the term of this Agreement, interfere with the Sub-Adviser’s ability to meet its obligations to the Adviser, Trust and FundsPortfolios. If the Sub-Adviser provides any advice to its clients concerning investment in the shares of a FundPortfolio, the Sub-Adviser shall act solely for such clients in that regard and not in any way on behalf of the Adviser, Trust or the FundsPortfolios.

Appears in 3 contracts

Samples: Investment Sub Advisory Agreement (AARP Portfolios), Investment Sub Advisory Agreement (AARP Portfolios), Investment Sub Advisory Agreement (AARP Portfolios)

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