Common use of Status of Adviser Clause in Contracts

Status of Adviser. The services of the Adviser to the Trust are not to be deemed exclusive, and the Adviser shall be free to render similar services to others so long as its services to the Trust are not impaired thereby. The Adviser shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust in any way or otherwise be deemed an agent of the Trust.

Appears in 80 contracts

Samples: Investment Advisory Agreement (Investment Managers Series Trust), Investment Advisory Agreement (Turner Funds), Investment Advisory Agreement (Turner Funds)

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