Administrative service fees solely for non-advisory, non-distribution services
Administrative Service Fees Solely for Non-Advisory, Non-Distribution Services Sample Clauses
Administrative Service Fees Solely for Non-Advisory, Non-Distribution Services. The parties hereto acknowledge that the Administrative Service Fees are for administrative, recordkeeping and support services only and do not constitute payment in any manner for investment advisory or distribution services or services of an underwriter or principal underwriter within the meaning of the Securities Act of 1933 or the 1940 Act. The parties acknowledge that Service Organization has provided and will continue to provide certain distribution related services to the Fund. The parties acknowledge that the provision of such services and any other actions of Service Organization related to each Portfolio are not specifically authorized herein and are outside the scope of this Agreement.