Common use of Status of the Manager Clause in Contracts

Status of the Manager. The Manager shall, for all purposes hereof, be an independent contractor and not an employee of the Company and nothing in this Agreement shall be construed as making the Company a partner or co-venturer with the Manager or any of its Affiliates or Other Accounts. The Manager shall not have authority to act for, represent, bind or obligate the Company, except as specifically provided in this Agreement.

Appears in 6 contracts

Samples: Management Agreement (Royalty Pharma PLC), Management Agreement (Royalty Pharma PLC), Management Agreement (Royalty Pharma PLC)

AutoNDA by SimpleDocs

Status of the Manager. The Manager shall, for all purposes hereof, be an independent contractor and not an employee of the Company Company, and nothing in this Agreement shall be construed as making the Company a partner or co-venturer with any of the Manager Pershing Square Advisers or any of its Affiliates or Other Accounts. The Manager shall not have authority to act for, represent, bind or obligate the Company, except as specifically provided in this Agreementother Person.

Appears in 1 contract

Samples: Investment Management Agreement (Pershing Square USA, Ltd.)

Status of the Manager. The Manager shall, for all purposes hereof, be an independent contractor and not an employee of the Company Partnership and nothing in this Agreement shall be construed as making the Company Partnership a partner or co-venturer with the Manager or any of its Affiliates or Other Accountsother funds, investment vehicles or accounts to which Manager provides investment services. The Manager shall not have authority to act for, represent, bind or obligate the CompanyPartnership, except as specifically provided in this Agreement.

Appears in 1 contract

Samples: Management Agreement (Healthcare Royalty, Inc.)

AutoNDA by SimpleDocs

Status of the Manager. The Manager shall, for all purposes hereof, be an independent contractor and not an employee of the Company and nothing in this Agreement shall be construed as making the Company a partner or co-venturer with the Manager or any of its Affiliates or Other Accountsother funds, investment vehicles or accounts to which the Manager provides investment services. The Manager shall not have authority to act for, represent, bind or obligate the Company, except as specifically provided in this Agreement.

Appears in 1 contract

Samples: Management Agreement (Healthcare Royalty, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!