Common use of OTHER AGREEMENTS, ETC Clause in Contracts

OTHER AGREEMENTS, ETC. It is understood that any of the shareholders, Trustees officers and employees of the Trust may be a shareholder, director, officer or employee of, or be otherwise interested in, the Advisor, and in any person controlled by or under common control with the Advisor, and that the Advisor and any person controlled by or under common control with the Advisor may have an interest in the Trust. The Trust also understands that the Advisor now acts, will continue to act and may act in the future as investment adviser to fiduciary and other managed accounts and as investment adviser to one or more other investment companies or series of investment companies, and the Trust has no objection to the Advisor so acting, provided that whenever the Trust and one or more other accounts or investment companies advised by the Advisor have available funds for investment, investments suitable and appropriate for each will be allocated in accordance with procedures believed to be equitable to each entity. Similarly, opportunities to sell securities will be allocated in an equitable manner. The Trust recognizes that in some cases this procedure may adversely affect the size of the position that may be acquired or disposed of for the Trust. In addition, the Trust understands that the persons employed by the Advisor to assist the performance of the Advisor's duties hereunder will not devote their full time to such services and nothing contained herein shall be deemed to limit or restrict the right of the Advisor or any affiliate of the Advisor to engage in and devote time and attention to other businesses or to render services of whatever kind or nature.

Appears in 5 contracts

Samples: Investment Advisory Agreement (Sierra Prime Income Fund), Investment Advisory Agreement (Sierra Prime Income Fund), Investment Advisory Agreement (Sierra Prime Income Fund)

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OTHER AGREEMENTS, ETC. It is understood that any of the shareholders, Trustees officers and employees of the Trust may be a shareholder, director, officer or employee of, or be otherwise interested in, the Advisor, and in any person controlled by or under common control with the Advisor, and that the Advisor and any person controlled by or under common control with the Advisor may have an interest in the Trust. The Trust also understands that the Advisor Sub-Adviser now acts, will continue to act and may act in the future as investment adviser to fiduciary and other managed accounts and as investment adviser to one or more other investment companies or series of investment companies, and the Trust has no objection to the Advisor Sub-Adviser so acting, provided that PROVIDED THAT whenever the Trust Fund and one or more other accounts or investment companies advised by the Advisor Sub-Adviser have available funds for investment, investments suitable and appropriate for each will be allocated in accordance with procedures believed to be equitable to each entity. Similarly, opportunities to sell securities will be allocated in an equitable manner. The Trust recognizes that in some cases this procedure may adversely affect the size of the position that may be acquired or disposed of for the TrustFund. In addition, the Trust understands that the persons employed by the Advisor Sub-Adviser to assist the performance of the AdvisorSub-Adviser's duties hereunder will not devote their full time to such services service and nothing contained herein shall be deemed to limit or restrict the right of the Advisor Sub-Adviser or any affiliate of the Advisor Sub-Adviser to engage in and devote time and attention to other businesses or to render services of whatever kind or nature.

Appears in 4 contracts

Samples: Sub Adviser Agreement (Sierra Variable Trust), Sub Adviser Agreement (Sierra Variable Trust), Sub Adviser Agreement (Sierra Variable Trust)

OTHER AGREEMENTS, ETC. It is understood that any of the shareholders, Trustees officers and employees of the Trust may be a shareholder, director, officer or employee of, or be otherwise interested in, the AdvisorManager, and in any person controlled by or under common control with the AdvisorManager, and that the Advisor Manager and any person controlled by or under common control with the Advisor Manager may have an interest in the Trust. The Trust also understands that the Advisor Manager now acts, will continue to act and may act in the future as investment adviser to fiduciary and other managed accounts and as investment adviser to one or more other investment companies or series of investment companies, and the Trust has no objection to the Advisor Manager so acting, provided that PROVIDED THAT whenever the Trust Fund and one or more other accounts or investment companies advised by the Advisor Manager have available funds for investment, investments suitable and appropriate for each will be allocated in accordance with procedures believed to be equitable to each entity. Similarly, opportunities to sell securities will be allocated in an equitable manner. The Trust recognizes that in some cases this procedure may adversely affect the size of the position that may be acquired or disposed of for the TrustFund. In addition, the Trust understands that the persons employed by the Advisor Manager to assist the performance of the AdvisorManager's duties hereunder will not devote their full time to such services and nothing contained herein shall be deemed to limit or restrict the right of the Advisor or any affiliate of the Advisor to engage in and devote time and attention to other businesses or to render services of whatever kind or nature.herein

Appears in 4 contracts

Samples: Management Contract (Sierra Variable Trust), Management Contract (Sierra Variable Trust), Management Contract (Sierra Variable Trust)

OTHER AGREEMENTS, ETC. It is understood that any of the shareholders, Trustees officers and employees of the Trust may be a shareholder, director, officer or employee of, or be otherwise interested in, the AdvisorManager, and in any person controlled by or under common control with the AdvisorManager, and that the Advisor Manager and any person controlled by or under common control with the Advisor Manager may have an interest in the Trust. The Trust also understands that the Advisor Manager now acts, will continue to act and may act in the future as investment adviser to fiduciary and other managed accounts and as investment adviser to one or more other investment companies or series of investment companies, and the Trust has no objection to the Advisor Manager so acting, provided that PROVIDED THAT whenever the Trust Fund and one or more other accounts or investment companies advised by the Advisor Manager have available funds for investment, investments suitable and appropriate for each will be allocated in accordance with procedures believed to be equitable to each entity. Similarly, opportunities to sell securities will be allocated in an equitable manner. The Trust recognizes that in some cases this procedure may adversely affect the size of the position that may be acquired or disposed of for the TrustFund. In addition, the Trust understands that the persons employed by the Advisor Manager to assist the performance of the AdvisorManager's duties hereunder will not devote their full time to such services and nothing contained herein shall be deemed to limit or restrict the right of the Advisor or any affiliate of the Advisor to engage in and devote time and attention to other businesses or to render services of whatever kind or nature.devote

Appears in 4 contracts

Samples: Management Contract (Sierra Variable Trust), Management Contract (Sierra Variable Trust), Management Contract (Sierra Variable Trust)

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OTHER AGREEMENTS, ETC. It is understood that any of the shareholders, Trustees officers and employees of the Trust may be a shareholder, director, officer or employee of, or be otherwise interested in, the Advisor, and in any person controlled by or under common control with the Advisor, and that the Advisor and any person controlled by or under common control with the Advisor may have an interest in the Trust. The Trust also understands that the Advisor now acts, will continue to act and may act in the future as investment adviser to fiduciary and other managed accounts and as investment adviser to one or more other investment companies or series of investment companies, and the Trust has no objection to the Advisor so acting, provided that PROVIDED THAT whenever the Trust and one or more other accounts or investment companies advised by the Advisor have available funds for investment, investments suitable and appropriate for each will be allocated in accordance with procedures believed to be equitable to each entity. Similarly, opportunities to sell securities will be allocated in an equitable manner. The Trust recognizes that in some cases this procedure may adversely affect the size of the position that may be acquired or disposed of for the Trust. In addition, the Trust understands that the persons employed by the Advisor to assist the performance of the Advisor's duties hereunder will not devote their full time to such services and nothing contained herein shall be deemed to limit or restrict the right of the Advisor or any affiliate of the Advisor to engage in and devote time and attention to other businesses or to render services of whatever kind or nature.

Appears in 1 contract

Samples: Investment Advisory Agreement (Sierra Prime Income Trust)

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