Status of the Subadviser. The Subadviser 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 Trust in any way or otherwise be deemed an agent of the Trust.
Appears in 12 contracts
Samples: Subadvisory Agreement (SunAmerica Specialty Series), Subadvisory Agreement (SunAmerica Specialty Series), Subadvisory Agreement (Sunamerica Income Funds)
Status of the Subadviser. The Subadviser 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 Trust in any way or otherwise be deemed an agent of the Trust. The Adviser and Subadviser acknowledge that they have entered into a contractual arrangement that addresses the right of the parties to perform services for other clients, subject to the Adviser's and Subadviser's fiduciary duties to the Trust.
Appears in 2 contracts
Samples: Subadvisory Agreement (Aig Series Trust), Subadvisory Agreement (Aig Series Trust)
Status of the Subadviser. The Subadviser 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 Trust Fund in any way or otherwise be deemed an agent of the TrustFund.
Appears in 1 contract
Samples: Subadvisory Agreement (Sunamerica Senior Floating Rate Fund Inc)