Common use of Subadviser’s Relationship Clause in Contracts

Subadviser’s Relationship. Adviser and Subadviser are not partners or joint venturers with each other and nothing in this Agreement shall be construed so as to make them partners or joint venturers or impose any liability as such on either of them. Subadviser shall perform its duties under this Agreement as an independent contractor and not as an agent of the Fund, the Trustees or Adviser.

Appears in 42 contracts

Samples: Subadvisory Agreement (Federated Hermes Adviser Series), Subadvisory Agreement (Federated Hermes Adviser Series), Subadvisory Agreement (Federated Hermes Adviser Series)

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Subadviser’s Relationship. Adviser and Subadviser are not partners or joint venturers with each other and nothing in this Agreement shall be construed so as to make them partners or joint venturers or impose any liability as such on either of them. Subadviser shall perform its duties under this Agreement as an independent contractor and not as an agent of the Fund, the Trustees Board or Adviser.

Appears in 20 contracts

Samples: Subadvisory Agreement (Federated Hermes Adviser Series), Subadvisory Agreement (Federated Hermes Adviser Series), Subadvisory Agreement (Federated Hermes Sustainable High Yield Bond Fund, Inc.)

Subadviser’s Relationship. Adviser and Subadviser are not partners or joint venturers with each other and nothing in this Agreement shall be construed so as to make them partners or joint venturers or impose any liability as such on either of them. Subadviser shall perform its duties under this Agreement as an independent contractor and not as an agent of the Fund, the Trustees Directors or Adviser.

Appears in 3 contracts

Samples: Subadvisory Agreement (Federated Hermes World Investment Series, Inc.), Subadvisory Agreement (Federated Hermes World Investment Series, Inc.), Subadvisory Agreement (Federated World Investment Series Inc)

Subadviser’s Relationship. Adviser The Manager, the Trust and the Subadviser are not partners or joint venturers with each other and nothing in this Agreement shall be construed so as to make them partners or joint venturers or impose any liability as such on either of them. The Subadviser shall perform its duties under this Agreement as an independent contractor and not as an agent of the FundTrust, the Trustees or Adviserthe Manager.

Appears in 3 contracts

Samples: Subadvisory Agreement (Federated Index Trust), Subadvisory Agreement (Federated Index Trust), Subadvisory Agreement (Federated Index Trust)

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Subadviser’s Relationship. Adviser The Adviser, the Trust and Subadviser are not partners or joint venturers with each other and nothing in this Agreement shall be construed so as to make them partners or joint venturers or impose any liability as such on either of them. Subadviser shall perform its duties under this Agreement as an independent contractor and not as an agent of the FundTrust, the Trustees or the Adviser.

Appears in 1 contract

Samples: Subadvisory Agreement (Federated Enhanced Treasury Income Fund)

Subadviser’s Relationship. Adviser and Subadviser are not partners or joint venturers with each other and nothing in this Agreement shall be construed so as to make them partners or joint venturers or impose any liability as such on either of them. Subadviser shall perform its duties under this Agreement as an independent contractor and not as an agent of the Fund, the Trustees or AdviserAdviser except as provided for under the limited power of attorney to be entered into between the Fund and Subadviser in connection with this Agreement.

Appears in 1 contract

Samples: Subadvisory Agreement (Federated Project & Trade Finance Tender Fund)

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