Common use of Duties to the Trust Clause in Contracts

Duties to the Trust. (a) Except as otherwise expressly provided herein, no Independent Committee Member shall have any duties (including fiduciary duties) to the Trust, the Manager, the Shareholders, the Beneficial Owners or any other Person; provided that this Section 5.4(a) does not eliminate any implied contractual covenant of good faith and fair dealing.

Appears in 5 contracts

Samples: Trust Agreement (Nuveen Diversified Commodity Fund), Trust Agreement (Nuveen Long/Short Commodity Total Return Fund), Trust Agreement (Nuveen Long/Short Commodity Total Return Fund)

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