Common use of Sub-adviser’s Relationship Clause in Contracts

Sub-adviser’s Relationship. Notwithstanding anything herein to the contrary, Sub-adviser shall be an independent contractor and will have no authority to act for or represent the Trust, the Portfolio or Manager in any way or otherwise be deemed an agent of any of them, except to the extent expressly authorized by this Agreement or in writing by the Trust or Manager.

Appears in 50 contracts

Samples: Sub Advisory Agreement (Fidelity Commonwealth Trust II), Sub Advisory Agreement (Fidelity Commonwealth Trust II), Sub Advisory Agreement (Fidelity Commonwealth Trust II)

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Sub-adviser’s Relationship. Notwithstanding anything herein to the contrary, Sub-adviser shall be an independent contractor and will have no authority to act for or represent the Trust, the Portfolio Fund or Manager Adviser in any way or otherwise be deemed an agent of any of them, except to the extent expressly authorized by this Agreement or in writing by the Trust Fund or ManagerAdviser.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Kiewit Investment Fund LLLP)

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