Common use of Rights and Powers of Agent Clause in Contracts

Rights and Powers of Agent. Agent's rights and powers with respect to acting for and on behalf of the Fund, including rights and powers of Agent's officers and directors, shall be as follows: (a) No order, direction, approval, contract or obligation on behalf of the Fund with or in any way affecting Agent shall be deemed binding unless made in writing and signed on behalf of the Fund by an officer or officers of the Fund who have been duly authorized to so act on behalf of the Fund by its Board of Directors. (b) Directors, officers, agents and shareholders of the Fund are or may at any time or times be interested in Agent as officers, directors, agents, shareholders, or otherwise. Correspondingly, directors, officers, agents and shareholders of Agent are or may at any time or times be interested in the Fund as directors, officers, agents, shareholders or otherwise. Agent shall, if it so elects, also have the right to be a shareholder of one or more Series of the Fund. (c) The services of Agent to the Fund are not to be deemed exclusive and Agent shall be free to render similar services to others as long as its services for others does not in any manner or way hinder, preclude or prevent Agent from performing its duties and obligations under this Agreement. (d) The Fund will indemnify the Agent and hold it harmless from and against all costs, losses, and expenses which may be incurred by it and all claims and liabilities which may be asserted or assessed against it as a result of any action taken by it without negligence and in good faith, and for any act, omission, delay or refusal made by the Agent in connection with this agency in reliance upon or in accordance with any instruction or advice of any duly authorized officer of the Fund.

Rights and Powers of Agent. Agent's rights and powers with respect to acting for and on behalf of the FundTrust, including rights and powers of Agent's officers and directors, shall be as follows: (a) A. No order, direction, approval, contract or obligation on behalf of the Fund Trust with or in any way affecting Agent shall be deemed binding unless made in writing and signed on behalf of the Fund Trust by an officer or officers of the Fund Trust who have been duly authorized to so act on behalf of the Fund Trust by its Board of DirectorsTrustees. (b) DirectorsB. Trustees, officers, agents and shareholders of the Fund Trust are or may at any time or times be interested in Agent as officers, directors, agents, shareholders, or otherwise. Correspondingly, directors, officers, agents and shareholders of Agent are or may at any time or times be interested in the Fund Trust as directorstrustees, officers, agents, shareholders or otherwise. Agent shall, if it so elects, also have the right to be a shareholder of one or more Series of the FundTrust. (c) C. The services of Agent to the Fund Trust are not to be deemed exclusive and Agent shall be free to render similar services to others as long as its services for others does not in any manner or way hinder, preclude or prevent Agent from performing its duties and obligations under this Agreement. (d) D. The Fund Trust will indemnify the Agent and hold it harmless from and against all costs, losses, and expenses which may be incurred by it and all claims and liabilities which may be asserted or assessed against it as a result of any action taken by it without negligence and in good faith, and for any act, omission, delay or refusal made by the Agent in connection with this agency in reliance upon or in accordance with any instruction or advice of any duly authorized officer of the FundTrust.

Rights and Powers of Agent. Agent's rights and powers with respect to acting for and on behalf of the Fund, including rights and powers of Agent's officers and directors, shall be as follows: (a) A. No order, direction, approval, contract or obligation on behalf of the Fund with or in any way affecting Agent shall be deemed binding unless made in writing and signed on behalf of the Fund by an officer or officers of the Fund who have been duly authorized to so act on behalf of the Fund by its Board of Directors. (b) B. Directors, officers, agents and shareholders of the Fund are or may at any time or times be interested in Agent as officers, directors, agents, shareholders, or otherwise. Correspondingly, directors, officers, agents and shareholders of Agent are or may at any time or times be interested in the Fund as directors, officers, agents, shareholders or otherwise. Agent shall, if it so elects, also have the right to be a shareholder of one or more Series of the Fund. (c) C. The services of Agent to the Fund are not to be deemed exclusive and Agent shall be free to render similar services to others as long as its services for others does not in any manner or way hinder, preclude or prevent Agent from performing its duties and obligations under this Agreement. (d) D. The Fund will indemnify the Agent and hold it harmless from and against all costs, losses, and expenses which may be incurred by it and all claims and liabilities which may be asserted or assessed against it as a result of any action taken by it without negligence and in good faith, and for any act, omission, delay or refusal made by the Agent in connection with this agency in reliance upon or in accordance with any instruction or advice of any duly authorized officer of the Fund.

Rights and Powers of Agent. Agent's rights and powers with respect to acting for and on behalf of the Fund, including rights and powers of Agent's officers and directors, shall be as follows: (a) A. No order, order direction, approval, contract or obligation on behalf of the Fund fund with or in any way affecting Agent shall be deemed binding unless made in writing and signed on behalf of the Fund by an officer or officers of the Fund who have been duly authorized to so act on behalf of the Fund fund by its Board of Directors. (b) B. Directors, officers, agents and shareholders of the Fund are or may at any time or times be interested in Agent as officers, directors, agents, shareholders, or otherwise. Correspondingly, directors, officers, agents and shareholders of Agent are or may at any time or times be interested in the Fund as directors, officers, agents, shareholders or otherwise. Agent shall, if it so elects, also have the right to be a shareholder of one or more Series of the Fund. (c) C. The services of Agent to the Fund are not to be deemed exclusive and Agent shall be free to render similar services to others as long as its services for others does not in any manner or way hinder, preclude or prevent Agent from performing its duties and obligations under this Agreement. (d) D. The Fund will indemnify the Agent and hold it harmless from and against all costs, losses, and expenses which may be incurred by it and all claims and liabilities which may be asserted or assessed against it as a result of any action taken by it without negligence and in good faith, and for any act, omission, delay or refusal made by the Agent in connection with this agency in reliance upon or in accordance with any instruction or advice of any duly authorized officer of the Fund.

Rights and Powers of Agent. Agent's rights and powers with respect to acting for and on behalf of the Fund, including rights and powers of Agent's officers and directors, shall be as follows: (a) A. No order, direction, approval, contract or obligation on behalf of the Fund with or in any way affecting Agent shall be deemed binding unless made in writing and signed on behalf of the Fund by an officer or officers of the Fund who have been duly authorized to so act on behalf of the Fund by its Board of Directors. (b) B. Directors, officers, agents and shareholders of the Fund are or may at any time or times be interested in Agent as officers, directors, agents, shareholders, or otherwise. Correspondingly, directors, officers, agents and shareholders of Agent are or may at any time or times be interested in the Fund as directors, officers, agents, shareholders or otherwise. Agent shall, if it so elects, also have the right to be a shareholder of one or more Series of the Fund. (c) C. The services of Agent to the Fund are not to be deemed exclusive and Agent shall be free to render similar services to others as long as its services for others does not in any manner or way hinder, preclude or prevent Agent from performing its duties and obligations under this Agreement. (d) D. The Fund will indemnify the Agent and hold it harmless from and against all costs, losses, and expenses which may be incurred by it and all claims and or liabilities which may be asserted or assessed against it as a result of any action taken by it without negligence and in good faith, and for any act, omission, delay or refusal made by the Agent in connection with this agency in reliance upon or in accordance with any instruction or advice of any duly authorized officer of the Fund.

Rights and Powers of Agent. Agent's ’s rights and powers with respect to acting for and on behalf of the Fund, including rights and powers of Agent's ’s officers and directors, shall be as follows: (a) A. No order, direction, approval, contract or obligation on behalf of the Fund with or in any way affecting Agent shall be deemed binding unless made in writing and signed on behalf of the Fund by an officer or officers of the Fund who have been duly authorized to so act on behalf of the Fund by its Board of Directors. (b) B. Directors, officers, agents and shareholders of the Fund are or may at any time or times be interested in Agent as officers, directors, agents, shareholders, or otherwise. Correspondingly, directors, officers, agents and shareholders of Agent are or may at any time or times be interested in the Fund as directors, officers, agents, shareholders or otherwise. Agent shall, if it so elects, also have the right to be a shareholder of one or more Series of the Fund. (c) C. The services of Agent to the Fund are not to be deemed exclusive and Agent shall be free to render similar services to others as long as its services for others does not in any manner or way hinder, preclude or prevent Agent from performing its duties and obligations under this Agreement. (d) D. The Fund will indemnify the Agent and hold it harmless from and against all costs, losses, and expenses which may be incurred by it and all claims and or liabilities which may be asserted or assessed against it as a result of any action taken by it without negligence and in good faith, and for any act, omission, delay or refusal made by the Agent in connection with this agency in reliance upon or in accordance with any instruction or advice of any duly authorized officer of the Fund.

Rights and Powers of Agent. Agent's rights and powers with respect to acting for and on behalf of the Fund, including rights and powers of Agent's officers and directors, shall be as follows: (a) A. No order, direction, approval, contract or obligation on behalf of the Fund fund with or in any way affecting Agent shall be deemed binding unless made in writing and signed on behalf of the Fund by an officer or officers of the Fund who have been duly authorized to so act on behalf of the Fund fund by its Board of Directors. (b) B. Directors, officers, agents and shareholders of the Fund are Fundare or may at any time or times be interested in Agent as officers, directors, agents, shareholders, or otherwise. Correspondingly, directors, officers, agents and shareholders of Agent are or may at any time or times be interested in the Fund as directors, officers, agents, shareholders or otherwise. Agent shall, if it so elects, also have the right to be a shareholder of one or more Series of the Fund. (c) C. The services of Agent to the Fund are not to be deemed exclusive and Agent shall be free to render similar services to others as long as its services for others does not in any manner or way hinder, preclude or prevent Agent from performing its duties and obligations under this Agreement. (d) D. The Fund will indemnify the Agent and hold it harmless from and against all costs, losses, and expenses which may be incurred by it and all claims and liabilities which may be asserted or assessed against it as a result of any action taken by it without negligence and in good faith, and for any act, omission, delay or refusal made by the Agent in connection with this agency in reliance upon or in accordance with any instruction or advice of any duly authorized officer of the Fund.