Common use of Services Not Exclusive Clause in Contracts

Services Not Exclusive. The services of State Street to the Trust are not to be deemed exclusive and State Street shall be free to render similar services to others. State Street shall be deemed to be an independent contractor and shall, unless otherwise expressly provided herein or authorized by the Trust from time to time, have no authority to act or represent the Trust in any way or otherwise be deemed an agent of the Trust.

Appears in 334 contracts

Sources: Financial Administration and Accounting Services Agreement (Federated Hermes Short-Intermediate Government Trust), Financial Administration and Accounting Services Agreement (Federated Hermes Government Income Trust), Financial Administration and Accounting Services Agreement (Federated Hermes Money Market Obligations Trust)

Services Not Exclusive. The services of State Street to the Trust are not to be deemed exclusive exclusive, and State Street shall be free to render similar services to others. State Street shall be deemed to be an independent contractor and shall, unless otherwise expressly provided herein or authorized by the Trust from time to time, have no authority to act or represent the Trust in any way or otherwise be deemed an agent of the Trust.

Appears in 5 contracts

Sources: Service Agreement (Sma Relationship Trust), Service Agreement (Pace Select Advisors Trust), Service Agreement (Ubs Funds)

Services Not Exclusive. The services of State Street to the Trust are not to be deemed exclusive exclusive, and State Street shall be free to render similar services to others. State Street shall be deemed to be an independent contractor and Information Classification: Limited Access shall, unless otherwise expressly provided herein or authorized by the Trust from time to time, have no authority to act or represent the Trust in any way or otherwise be deemed an agent of the Trust.

Appears in 2 contracts

Sources: Service Agreement (Master Trust), Service Agreement (UBS Series Funds)

Services Not Exclusive. The services of State Street to the Trust are not to be deemed exclusive exclusive, and State Street shall be free to render similar services to others. State Street shall be deemed to be an independent contractor and shall, unless otherwise expressly provided herein or authorized by FT Services or the Trust from time to time, have no authority to act or represent FT Services or the Trust in any way or otherwise be deemed an agent of FT Services or the Trust.

Appears in 2 contracts

Sources: Subcontract for Administration and Fund Accounting Services (Franklin Templeton ETF Trust), Subcontract for Administration and Fund Accounting Services (Franklin Templeton ETF Trust)