Common use of STATUS OF SUB-ADVISER Clause in Contracts

STATUS OF SUB-ADVISER. The Sub-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 Fund in any way or otherwise be deemed an agent of the Fund.

Appears in 9 contracts

Samples: Investment Sub Advisory Agreement (Cliffwater Corporate Lending Fund), Investment Sub Advisory Agreement (U.S. Monthly Income Fund for Puerto Rico Residents, Inc.), Interim Sub Advisory Agreement (Cliffwater Corporate Lending Fund)

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STATUS OF SUB-ADVISER. The Sub-Adviser shall for all purposes herein be deemed to be an independent contractor and not an agent for the Company, the Funds or the Fund Manager and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Company, Fund or Fund Manager in any way or otherwise be deemed an agent of the Fundway.

Appears in 3 contracts

Samples: Sub Investment Advisory Agreement (Noah Investment Group Inc), Sub Advisory Agreement (Noah Investment Group Inc), Agreement (Noah Investment Group Inc)

STATUS OF SUB-ADVISER. The Sub-Adviser shall for all purposes herein be deemed to be an independent contractor and not an agent for the Trust, the Funds or the Fund Manager and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust, Funds or Fund Manager in any way or otherwise be deemed an agent of the Fundway.

Appears in 2 contracts

Samples: Agreement (Quaker Investment Trust), Quaker Investment Trust

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STATUS OF SUB-ADVISER. The Sub-Adviser shall for all purposes herein be deemed to be an independent contractor and not an agent for the Company, the Fund or the Fund Manager and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Company, Fund or Fund Manager in any way or otherwise be deemed an agent of the Fundway.

Appears in 1 contract

Samples: Sub Advisory Agreement (Noah Investment Group Inc)

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