Common use of AUTHORITY OF ADVISER Clause in Contracts

AUTHORITY OF ADVISER. The Adviser shall for all purposes herein be considered an independent contractor and shall not, unless expressly authorized and empowered by the Corporation or any Portfolio, have authority to act for or represent the Corporation or any Portfolio in any way, form or manner. Any authority granted by the Corporation on behalf of itself or any Portfolio to the Adviser shall be in the form of a resolution or resolutions adopted by the Board of Directors of the Corporation.

Appears in 21 contracts

Samples: Investment Advisory Agreement (Strong Multi Cap Value Fund Inc), Investment Advisory Agreement (Strong Municipal Bond Fund Inc), Investment Advisory Agreement (Strong Short Term Municipal Bond Fund Inc)

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AUTHORITY OF ADVISER. The Adviser shall for all purposes herein be considered an independent contractor and shall not, unless expressly authorized and empowered by the Corporation Trust or any Portfoliothe Fund, have authority to act for or represent the Corporation Trust or any Portfolio the Fund in any way, form or manner. Any authority granted by the Corporation Trust or the Fund on behalf of itself or any Portfolio to the Adviser shall be in the form of a resolution or resolutions adopted by the Board of Directors Trustees of the CorporationTrust.

Appears in 14 contracts

Samples: Investment Advisory Agreement (RBC Funds Trust), Investment Advisory Agreement (RBC Funds Trust), Investment Advisory Agreement (Tamarack Funds Trust)

AUTHORITY OF ADVISER. The Adviser shall for all purposes herein be considered an independent contractor and shall not, unless expressly authorized and empowered by the Corporation or any PortfolioFund, have authority to act for or represent the Corporation or any Portfolio Fund in any way, form or manner. Any authority granted by the Corporation on behalf of itself or any Portfolio Fund to the Adviser shall be in the form of a resolution or resolutions adopted by the Board of Directors of the CorporationFund.

Appears in 2 contracts

Samples: Investment Advisory Agreement (Perritt Microcap Opportunities Fund Inc), Investment Advisory Agreement (Perritt Microcap Opportunities Fund Inc)

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AUTHORITY OF ADVISER. The Adviser shall for all purposes herein be -------------------- considered an independent contractor and shall not, unless expressly authorized and empowered by the Corporation or any Portfolio, have authority to act for or represent the Corporation or any Portfolio in any way, form or manner. Any authority granted by the Corporation on behalf of itself or any Portfolio to the Adviser shall be in the form of a resolution or resolutions adopted by the Board of Directors of the Corporation.

Appears in 1 contract

Samples: Investment Advisory Agreement (Strong Common Stock Fund Inc)

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