Common use of Service to Other Companies or Accounts Clause in Contracts

Service to Other Companies or Accounts. The Trust acknowledges that BACAP Distributors now acts, will continue to act and may act in the future as investment adviser to fiduciary and other managed accounts, and as distributor, investment adviser, investment sub-adviser and/or administrator to other investment companies or series of investment companies, and the Trust has no objection to BACAP Distributors so acting. The Trust further acknowledges that the persons employed by BACAP Distributors to assist in the performance of their duties under this Agreement may not devote their full time to such service and nothing contained in this Agreement shall be deemed to limit or restrict the right of BACAP Distributors or any affiliate of BACAP Distributors to engage in and devote time and attention to other businesses or to render services of whatever kind or nature.

Appears in 13 contracts

Samples: Administration Agreement Nations Master Investment Trust (Nations Master Investment Trust), Administration Agreement Nations Funds Trust (Nations Funds Trust), Administration Agreement (Nations Separate Account Trust)

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