Limitations on Duties. (1) Strategic Advisers shall have no responsibility or authority to exercise any shareholder rights that arise with respect to investments in which Managed Assets are invested, nor shall it have responsibility or authority to make decisions with respect to matters, such as litigation or bankruptcy, arising out of the trust’s or account’s ownership of any such investments.
Appears in 2 contracts
Samples: Investment Management Agreement (Zions Bancorporation /Ut/), Investment Management Agreement (Zions Bancorporation /Ut/)
Limitations on Duties. (1) a. Strategic Advisers shall have no responsibility or authority to exercise any shareholder rights that arise with respect to investments in which Managed Assets are invested, nor shall it have responsibility or authority to make decisions with respect to matters, such as litigation or bankruptcy, arising out of the trust’s or account’s ownership of any such investments.
Appears in 2 contracts
Samples: Investment Management Agreement (Zions Bancorporation, National Association /Ut/), Investment Management Agreement (Zions Bancorporation, National Association /Ut/)