STATUS OF SUB-ADVISER. Sub-Adviser shall for all purposes herein be deemed to be an independent contractor and not an agent for the Trust, the Fund or the Fund Manager and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust, Fund or Fund Manager in any way.
Appears in 5 contracts
Samples: Sub Advisory Agreement (Quaker Investment Trust), Investment Advisory Agreement (Quaker Investment Trust), Agreement (Quaker Investment Trust)
STATUS OF SUB-ADVISER. Sub-Adviser shall for all purposes herein be deemed to be an independent contractor and not an agent for the TrustCompany, the Fund Manager or the Fund Manager Portfolio and shall, unless otherwise expressly provided or authorizedauthorized herein, have no authority to act for or represent the TrustCompany, Fund Portfolio or Fund Manager in any way.
Appears in 3 contracts
Samples: Agreement (Penn Street Fund Inc), Agreement (Penn Street Fund Inc), Sub Investment Advisory Agreement (Penn Street Fund Inc)
STATUS OF SUB-ADVISER. Sub-Adviser shall for all purposes herein be deemed to be an independent contractor and not an agent for the TrustCompany, the Fund Funds or the Fund Manager and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the TrustCompany, Fund Funds or Fund Manager in any way.
Appears in 1 contract
Samples: Agreement (Penn Street Fund Inc)
STATUS OF SUB-ADVISER. Sub-Adviser adviser shall for all purposes herein be deemed to be an independent contractor and not an agent for the Trust, the Fund or the Fund Manager Adviser and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust, Fund or Fund Manager Adviser in any way.
Appears in 1 contract
Samples: Investment Subadvisory Agreement (Quaker Investment Trust)
