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.), Investment Sub Advisory Agreement (Cliffwater Corporate Lending Fund)
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: Sub Investment Advisory Agreement (Quaker Investment Trust), Sub Investment Advisory Agreement (Quaker Investment Trust)
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.
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