Parties’ Relationship. The Parties to the Service Modules are independent parties. State Street, in furnishing the Services, is acting as an independent contractor. State Street has the sole right and obligation to supervise, manage, contract, direct, procure, perform or cause to be performed, all work to be performed by State Street Personnel under the Service Modules. At no time will any State Street Personnel represent himself or herself as an employee of any BTC Recipient or be considered an employee of any BTC Recipient. State Street is not a joint venturer with, nor an employee, agent or partner of any BTC Recipient and has no authority to represent or bind any BTC Recipient as to any matters, except as expressly authorized in this Agreement or any Service Module.
Appears in 9 contracts
Samples: Master Services Agreement (iShares Dow Jones-Ubs Roll Select Commodity Index Trust), Master Services Agreement (iShares U.S. ETF Trust), Master Services Agreement (iShares S&P GSCI Commodity-Indexed Investing Pool LLC)
Parties’ Relationship. The Parties to the Service Modules are independent parties. State Street, in furnishing the Services, is acting as an independent contractor. State Street has the sole right and obligation to supervise, manage, contract, direct, procure, perform or cause to be performed, all work to be performed by State Street Personnel under the Service Modules. At no time will any State Street Personnel represent himself or herself as an employee of any BTC Recipient or be considered an employee of any BTC Recipient. State Street is not a joint venturer with, nor an employee, agent or partner of any BTC Recipient and has no authority to represent or bind any BTC Recipient as to any matters, except as expressly authorized in this Agreement or any Service Module.. Master Services Agreement 53 BTC | State Street
Appears in 1 contract
Samples: Master Services Agreement (iShares MSCI Russia Capped Index Fund, Inc.)
