Common use of Retention of BISYS Clause in Contracts

Retention of BISYS. The Company hereby retains BISYS to act as Administrator of the Portfolios and to furnish the Portfolios with the management and administrative services as set forth in Article 2 below. BISYS hereby accepts such employment to perform the duties set forth below. BISYS shall, for all purposes herein, be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Company in any way and shall not be deemed an agent of the Company.

Appears in 3 contracts

Samples: Administration Agreement (Institutional Investors Capital Appreciation Fund Inc), Administration Agreement (Asset Management Fund Inc), Administration Agreement (MSB Fund Inc)

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Retention of BISYS. The Company Administrator hereby retains engages BISYS to act as Administrator of the Portfolios and to furnish the Portfolios each Portfolio with the management and administrative services as set forth in Article 2 below. BISYS hereby accepts such employment to perform below (collectively, the duties set forth below"Services"). BISYS shall, for all purposes herein, be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Company Administrator or the Companies in any way and shall not be deemed an agent of the Companyway.

Appears in 2 contracts

Samples: Sub Administration Agreement (Gabelli Gold Fund Inc), Sub Administration Agreement (Gabelli Investor Funds Inc)

Retention of BISYS. The Company Administrator hereby retains engages BISYS to act as Administrator of the Portfolios and to furnish the Portfolios each Portfolio with the management and administrative services as set forth in Article 2 below. BISYS hereby accepts such employment to perform below (collectively, the duties set forth below"Services"). BISYS shall, for all purposes herein, be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Administrator or the Company in any way and shall not be deemed an agent of the Companyway.

Appears in 2 contracts

Samples: Sub Administration Agreement (Treasurers Fund Inc /Md/), Sub Administration Agreement (Westwood Funds)

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Retention of BISYS. The Company hereby retains BISYS to act as Administrator the administrator of the Portfolios Company and to furnish the Portfolios Company and Funds with the management and administrative services as set forth in Article Section 2 below. BISYS hereby accepts such employment appointment to perform the duties set forth below. BISYS shall, for all purposes herein, be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Company in any way and shall not be deemed an agent of the Company.

Appears in 1 contract

Samples: Administration Agreement (First Focus Funds Inc)

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