STATUS OF THE ADVISER. The Adviser shall for all purposes be an independent contractor and not an agent or employee of the Master Fund. The Adviser shall have no authority to act for, represent, bind or obligate the Fund except as provided herein.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Hatteras Core Alternatives Institutional Fund, L.P.), Investment Advisory Agreement (Hatteras Core Alternatives Institutional Fund, L.P.), Investment Advisory Agreement (Hatteras Core Alternatives TEI Institutional Fund, L.P.)
STATUS OF THE ADVISER. The Adviser shall for all purposes be an independent contractor and not an agent or employee of the Master FundCompany, nor shall anything herein be construed as making the Company a partner or co-venturer with the Adviser or any of its Affiliates or clients. The Adviser shall have no authority to act for, represent, bind or obligate the Fund Company except as specifically provided herein.
Appears in 1 contract
Samples: Investment Advisory Agreement (First Eagle BDC, LLC)