Status of Adviser. 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 Manager or the Trust in any way or otherwise be deemed an agent to the Manager or the Trust.
Appears in 7 contracts
Samples: Investment Advisory Agreement (American Beacon Funds), Beacon Funds (American Beacon Funds), Investment Advisory Agreement (American Beacon Funds)
Status of Adviser. 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 Manager or the Trust in any way or otherwise be deemed an agent to the Manager or of the Trust.
Appears in 3 contracts
Samples: American Beacon Funds (American Beacon Funds), Funds Investment Advisory Agreement (American Beacon Funds), American Beacon Funds Investment Advisory Agreement (American Beacon Funds)
Status of Adviser. The Except as otherwise provided herein, the Adviser shall for all purposes herein be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Manager or the Trust Trusts in any way or otherwise be deemed an agent to of the Manager or Trusts except in the Trustnormal course of fulfilling its duties un- der this Agreement.
Appears in 1 contract
Samples: Investment Advisory Agreement (National Municipal Trust Series 164)
