STATUS OF SUB-ADVISER. The services of Sub-Adviser to the Adviser are not to be deemed exclusive, and Sub-Adviser, or any affiliate thereof, shall be free to render similar services to others so long as its services to the Trust are not impaired thereby. 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 Adviser or the Fund in any way or otherwise be deemed an agent to the Adviser or the Fund. If Sub-Adviser provides any advice to its clients concerning investment in the shares of the Fund, Sub-Adviser shall act solely for such clients in that regard and not in any way on behalf of the Adviser or the Fund.
Appears in 10 contracts
Samples: Investment Sub Advisory Agreement (American Independence Funds Trust), Investment Sub Advisory Agreement (American Independence Funds Trust), Investment Sub Advisory Agreement (American Independence Funds Trust)
STATUS OF SUB-ADVISER. The services of Sub-Adviser to the Adviser are not to be deemed exclusive, and Sub-Adviser, or any affiliate thereof, shall be free to render similar services to others so long as its services to the Trust are not impaired thereby. 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 Adviser or the Fund Funds in any way or otherwise be deemed an agent to the Adviser or the FundFunds. If Sub-Adviser provides any advice to its clients concerning investment in the shares of the FundFunds, Sub-Adviser shall act solely for such clients in that regard and not in any way on behalf of the Adviser or the FundFunds.
Appears in 3 contracts
Samples: Investment Sub Advisory Agreement (American Independence Funds Trust), Investment Sub Advisory Agreement (Rx Funds Trust), Investment Sub Advisory Agreement (American Independence Funds Trust)
STATUS OF SUB-ADVISER. The services of Sub-Adviser to the Adviser are not to be deemed exclusive, and Sub-Adviser, or any affiliate thereof, shall be free to render similar services to others so long as its services to the Trust are not impaired thereby. 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 Adviser or the Fund in any way or otherwise be deemed an agent to the Adviser or the Fund. If Sub-Adviser provides any advice to its clients concerning investment in the shares of the a Fund, Sub-Adviser shall act solely for such clients in that regard and not in any way on behalf of the Adviser or the Fund.
Appears in 1 contract
Samples: Investment Sub Advisory Agreement (American Independence Funds Trust)