Common use of Subadviser’s Services Are Not Exclusive Clause in Contracts

Subadviser’s Services Are Not Exclusive. The services of the Subadviser hereunder are not to be deemed exclusive and nothing in this Agreement shall limit or restrict the right of Subadviser or any of its affiliates, partners, officers, or employees to engage in any other business or to devote his or her time and attention to the management or other aspects of any business, whether of a similar or a dissimilar nature, or limit or restrict Subadviser’s right to engage in any other business or to render services of any kind to any other fund, account (including proprietary accounts), corporation, firm, individual, or association. Subadviser acts as adviser to other clients and may, subject to compliance with its fiduciary obligations, give advice, and take action, with respect to any of those which may differ from the advice given, or the timing or nature of action taken, with respect to the Fund. Subject to its fiduciary obligation to the Fund, Subadviser shall have no obligation to purchase or sell for the Fund, or to recommend for purchase or sale by the Fund, any security which Subadviser, its principals, affiliates or employees may purchase or sell for themselves or for any other clients.

Appears in 5 contracts

Samples: Subadvisory Agreement (Columbia Funds Series Trust I), Subadvisory Agreement (Columbia Funds Variable Series Trust II), Subadvisory Agreement (Columbia Funds Variable Insurance Trust)

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Subadviser’s Services Are Not Exclusive. The services of the Subadviser hereunder are not to be deemed exclusive and nothing Nothing in this Agreement shall limit or restrict the right of Subadviser or any of its affiliates, partners, officers, principals or employees to engage in any other business or to devote its, his or her time and attention in part to the management or other aspects of any business, whether of a similar or a dissimilar nature, or limit or restrict Subadviser’s right to engage in any other business or to render services of any kind to any other mutual fund, account (including proprietary accounts), corporation, firm, individual, or associationassociation or other entity. Subadviser acts as adviser to other clients and may, subject to compliance with its fiduciary obligations, give advice, and take action, with respect to any of those which may differ from (or may be the same as) the advice given, or the timing or nature of action taken, with respect to the Fund. Subject to its fiduciary obligation to the Fund, Subadviser shall have no obligation to purchase or sell for the Fund, or to recommend for purchase or sale by the Fund, any security which Subadviser, its principals, affiliates or employees may purchase or sell for themselves or for any other clients.

Appears in 3 contracts

Samples: Subadvisory Agreement (Columbia Funds Series Trust I), Subadvisory Agreement (Columbia Funds Series Trust I), Subadvisory Agreement (Columbia Funds Variable Series Trust II)

Subadviser’s Services Are Not Exclusive. The services of the Subadviser hereunder are not to be deemed exclusive and nothing Nothing in this Agreement shall limit or restrict the right of Subadviser or any of its affiliates, partners, officers, or employees to engage in any other business or to devote his or her time and attention in part to the management or other aspects of any business, whether of a similar or a dissimilar nature, or limit or restrict Subadviser’s right to engage in any other business or to render services of any kind to any other fund, account (including proprietary accounts)account, corporation, firm, individual, or associationassociation or other entity. Subadviser acts as adviser to other clients and may, subject to compliance with its fiduciary obligations, give advice, and take action, with respect to any of those which may differ from the advice given, or the timing or nature of action taken, with respect to the Fund. Subject to its fiduciary obligation to the Fund, Subadviser shall have no obligation to purchase or sell for the Fund, or to recommend for purchase or sale by the Fund, any security which Subadviser, its principals, affiliates or employees may purchase or sell for themselves or for any other clients.

Appears in 1 contract

Samples: Subadvisory Agreement (Columbia Funds Series Trust I)

Subadviser’s Services Are Not Exclusive. The services of the Subadviser hereunder are not to be deemed exclusive and nothing Nothing in this Agreement shall limit or restrict the right of Subadviser or any of its affiliatesdirectors, officers, partners, officersprincipals, or employees to engage in any other business or to devote his or her time and attention in part to the management or other aspects of any business, whether of a similar or a dissimilar nature, or limit or restrict Subadviser’s right to engage in any other business or to render services of any kind to any other mutual fund, account (including proprietary accounts), corporation, firm, individual, or associationassociation or other entity. Subadviser acts as adviser to other clients and may, subject to compliance with its fiduciary obligations, give advice, and take action, with respect to any of those which may differ from the advice given, or the timing or nature of action taken, with respect to the Fund. Subject to its fiduciary obligation to the Fund, Subadviser shall have no obligation to purchase or sell for the Fund, or to recommend for purchase or sale by the Fund, any security which Subadviser, its directors, officers, partners, principals, affiliates or employees may purchase or sell for themselves or for any other clients.

Appears in 1 contract

Samples: Subadvisory Agreement (Columbia Funds Variable Series Trust II)

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Subadviser’s Services Are Not Exclusive. The services of the Subadviser hereunder are not to be deemed exclusive and nothing Nothing in this Agreement shall limit or restrict the right of Subadviser or any of its affiliatespartners, partnersmembers, managers, officers, or employees to engage in any other business or to devote his or her time and attention in part to the management or other aspects of any business, whether of a similar or a dissimilar nature, or limit or restrict Subadviser’s right to engage in any other business or to render services of any kind to any other mutual fund, account (including proprietary accounts), corporation, firm, individual, or associationassociation or other entity. Subadviser acts as adviser to other clients and may, subject to compliance with its fiduciary obligations, give advice, and take action, with respect to any of those which may be similar to or differ from the advice given, or the timing or nature of action taken, with respect to the Fund. Subject to its fiduciary obligation to the Fund, Subadviser shall have no obligation to purchase or sell for the Fund, or to recommend for purchase or sale by the Fund, any security which Subadviser, its principals, affiliates or employees may purchase or sell for themselves or for any other clients.

Appears in 1 contract

Samples: Subadvisory Agreement (Columbia Funds Series Trust I)

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