Common use of Retention of the Administrator Clause in Contracts

Retention of the Administrator. The Company hereby retains the Administrator to act as the administrator of the Portfolios and to furnish the Portfolios with the management and administrative 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 Company in any way and shall not be deemed an agent of the Company.

Appears in 22 contracts

Samples: Administration Agreement (Coventry Group), Administration Agreement (Bb&t Mutual Funds Group), Administration Agreement (Sessions Group)

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Retention of the Administrator. The Company hereby retains the Administrator to act as the administrator of the Portfolios and to furnish the Portfolios with the management management, compliance and administrative 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 Company in any way and shall not be deemed an agent of the Company.

Appears in 3 contracts

Samples: Administration Agreement (BB&T Variable Insurance Funds), Administration Agreement (BB&T Variable Insurance Funds), Administration Agreement (BB&T Variable Insurance Funds)

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

Appears in 2 contracts

Samples: Administration Agreement (Bb&t Funds /), Administration Agreement (Bb&t Funds /)

Retention of the Administrator. The Company hereby retains ------------------------------ the Administrator to act as the administrator of the Portfolios and to furnish the Portfolios with the management and administrative 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 Company in any way and shall not be deemed an agent of the Company.

Appears in 2 contracts

Samples: Administration Agreement (Old Westbury Funds Inc), Administration Agreement (Julius Baer Multistock Funds)

Retention of the Administrator. The Company hereby retains the Administrator to act as the administrator of the Portfolios and to furnish the Portfolios with the management and administrative services as set forth in Article Section 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 authorizedauthorized (e.g., those instances in which an employee of the Administrator is a duly elected officer of the Company), 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 2 contracts

Samples: Administration Agreement (Monetta Trust), Administration Agreement (Monetta Fund Inc)

Retention of the Administrator. The Company hereby retains the Administrator to act as the administrator of the Portfolios and to furnish the Portfolios Funds with the management accounting and administrative 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 Company in any way and shall not be deemed an agent of the Companyall purposes herein.

Appears in 1 contract

Samples: Administration Agreement (Aha Investment Funds Inc)

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

Appears in 1 contract

Samples: Administration Agreement (Cvo Greater China Fund Inc)

Retention of the Administrator. The Company hereby retains the Administrator to act as the administrator of the Portfolios and to furnish the Portfolios with the management accounting and administrative 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 Company in any way and shall not be deemed an agent of the Companycontractor.

Appears in 1 contract

Samples: Administration Agreement (First Omaha Funds Inc)

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Retention of the Administrator. The Company hereby retains ------------------------------ the Administrator to act as the administrator of the Portfolios and to furnish the Portfolios with the management and administrative 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 Company in any way and shall not be deemed an agent of the Company.

Appears in 1 contract

Samples: Administration Agreement (Julius Baer Multistock Funds)

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

Appears in 1 contract

Samples: Administration Agreement (Bb&t Funds /)

Retention of the Administrator. The Company hereby retains the Administrator to act as the administrator of the Portfolios Fund and to furnish the Portfolios Fund with the management and administrative 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 Company in any way and shall not be deemed an agent of the Company.

Appears in 1 contract

Samples: Administration Agreement (Security Capital Real Estate Mutual Funds Inc)

Retention of the Administrator. The Company hereby retains the Administrator to act as the administrator of the Portfolios Fund and to furnish the Portfolios Fund with the management and administrative 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 Company in any way and shall not be deemed an agent of the Company.

Appears in 1 contract

Samples: Administration Agreement (Security Capital Real Estate Mutual Funds Inc)

Retention of the Administrator. The Company hereby retains the Administrator to act as the administrator of the Portfolios Funds and to furnish the Portfolios Funds with the management and administrative 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 Company in any way and shall not be deemed an agent of the Company.

Appears in 1 contract

Samples: Administration Agreement (Coventry Group)

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