Common use of Retention of the Administrator Clause in Contracts

Retention of the Administrator. The Fund hereby retains the Administrator to act as the administrator of the Portfolios and to furnish the Portfolios with the administrative and other services set forth in Article 2 below. The Administrator hereby accepts such employment to perform the duties set forth below. The Administrator 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 Fund in any way and shall not be deemed an agent of the Fund.

Appears in 17 contracts

Samples: Co Administration Agreement (First American Funds Inc), Co Administration Agreement (First American Investment Funds Inc), Co Administration Agreement (First American Investment Funds Inc)

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

Appears in 12 contracts

Samples: Administration Agreement (Aetos Capital Opportunities Fund, LLC), Administration Agreement (Aetos Multi Strategy Arbitrage Fund LLC), Administration Agreement (Bacap Alternative Mult Strategy Fund LLC)

Retention of the Administrator. The Fund hereby retains the Administrator to act as the administrator of the Portfolios and to furnish the Portfolios with the administrative and other services set forth in Article 2 below. The Administrator hereby accepts such employment to perform the duties set forth below. The Administrator 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 Fund in any way and shall not be deemed an agent of the Fund.

Appears in 6 contracts

Samples: Administration Agreement (First American Funds Inc), Administration Agreement (First American Funds Inc), Administration Agreement (First American Strategy Funds Inc)

Retention of the Administrator. The Fund hereby retains the Administrator to act as the administrator of the Portfolios and to furnish the Portfolios with the management and administrative and other services as set forth in Article 2 below. The Administrator hereby accepts such employment to perform the duties set forth below. The Administrator 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 Fund in any way and shall not be deemed an agent of the Fund.

Appears in 6 contracts

Samples: Administration Agreement (First American Funds Inc), Administration Agreement (Amerindo Funds Inc), Administration Agreement (Amerindo Funds Inc)

Retention of the Administrator. The Fund hereby retains the Administrator to act as the administrator of the Portfolios and to furnish the Portfolios with the administrative and other services as set forth in Article 2 below. The Administrator hereby accepts such employment to perform the duties set forth below. The Administrator 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 Fund in any way and shall not be deemed an agent of the Fund.

Appears in 6 contracts

Samples: Administrative Services Agreement (VALIC Co I), Administrative Services Agreement (VALIC Co I), Administrative Services Agreement (VALIC Co I)

Retention of the Administrator. The Fund hereby retains the Administrator to act as the administrator of the Portfolios Fund and to furnish the Portfolios Fund with the administrative and other services set forth in Article 2 below. The Administrator hereby accepts such employment to perform the duties set forth below. The Administrator 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 Fund in any way and shall not be deemed an agent of the Fund.

Appears in 3 contracts

Samples: Administration Agreement (First American Minnesota Municipal Income Fund Ii Inc), Administration Agreement (First American Strategic Income Portfolio Inc), Administration Agreement (First American Minnesota Municipal Income Fund Ii Inc)

Retention of the Administrator. The Fund hereby retains the Administrator to act as the administrator of the Portfolios Fund and to furnish the Portfolios Fund with the administrative and other services as set forth in Article 2 below. The Administrator hereby accepts such employment to perform the duties set forth below. The Administrator 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 Fund in any way and shall not be deemed an agent of the Fund.

Appears in 3 contracts

Samples: Administrative Services Agreement (SunAmerica Focused Alpha Large-Cap Fund, Inc.), Administrative Services Agreement (SunAmerica Focused Alpha Growth Fund, Inc.), Administrative Services Agreement (Sunamerica Senior Floating Rate Fund Inc)

Retention of the Administrator. The Fund Funds hereby retains retain the Administrator to act as the Funds’ administrator of the Portfolios and to furnish the Portfolios Funds with the administrative and other services as set forth in Article 2 below. The Administrator hereby accepts such employment to perform the duties set forth below. The Administrator 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 Fund Funds in any way and shall not be deemed an agent of the FundFunds.

Appears in 2 contracts

Samples: Administration Agreement (J.P. Morgan Access Multi-Strategy Fund II), Administration Agreement (Jp Morgan Access Multi-Strategy Fund LLC)

Retention of the Administrator. The Fund hereby retains the Administrator to act as the administrator of the Portfolios Fund and to furnish the Portfolios Fund with the administrative and other services as set forth in Article 2 below. The Administrator hereby accepts such employment to perform the duties set forth below. The Administrator 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 Fund in any way and shall not be deemed an agent of the Fund.

Appears in 1 contract

Samples: Administration Agreement (JPMorgan Trust I)

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

Appears in 1 contract

Samples: Administration Agreement (Man-Glenwood Lexington Associates Portfolio LLC)

Retention of the Administrator. The Fund hereby retains the Administrator to act as the administrator of the Portfolios and to furnish the Portfolios with the administrative and other services as set forth in Article Paragraph 2 below. The Administrator hereby accepts such the employment and undertakes to perform the duties set forth below. The Administrator shallwill, for all purposes hereinstated in this Agreement, be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall will have no authority to act for or represent the Fund in any way and shall will not be deemed an agent of the Fund.

Appears in 1 contract

Samples: Administration Agreement (Monument Series Fund Inc)

Retention of the Administrator. The Fund hereby retains the ------------------------------ Administrator to act as the administrator of the Portfolios and to furnish the Portfolios with the management and administrative and other services as set forth in Article 2 below. The Administrator hereby accepts such employment to perform the duties set forth below. The Administrator 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 Fund in any way and shall not be deemed an agent of the Fund.

Appears in 1 contract

Samples: Administration Agreement (Nevis Fund Inc)

Retention of the Administrator. The Fund hereby retains the Administrator to act as the administrator of the Portfolios and to furnish the Portfolios with the management and administrative and other services as set forth in Article 2 below. The Administrator hereby accepts such employment to perform the duties set forth below. The Administrator 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 Fund in any way and shall not be deemed an agent of the Fund.

Appears in 1 contract

Samples: Administration Agreement (Ark Funds/Ma)

Retention of the Administrator. The Fund hereby retains the Administrator to act as the Fund’s administrator of the Portfolios and to furnish the Portfolios Fund with the administrative and other services as set forth in Article 2 below. The Administrator hereby accepts such employment to perform the duties set forth below. The Administrator 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 Fund in any way and shall not be deemed an agent of the Fund.

Appears in 1 contract

Samples: Administration Agreement (J.P. Morgan Access Multi-Strategy Fund II)

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