Common use of MATERIAL INTERESTS Clause in Contracts

MATERIAL INTERESTS. 2.1 The Local Manager and any affiliate may, subject to the limitations of the 1940 Act, and to the overriding principles of suitability and best execution and without prior reference to VKAM or the Fund, effect transactions in which the Local Manager or affiliate has, directly or indirectly, a material interest or a relationship of any description with another party, which may involve a potential conflict with the Local Manager's duty to VKAM or the Fund. Neither the Local Manager nor any affiliate shall be liable to account to VKAM or the Fund for any profit, commission or remuneration made or received from or by reason of such transactions or any connected transactions nor will the Local Manager's fees, unless otherwise provided, be abated. For example, such potential conflicting interests or duties may arise because:

Appears in 4 contracts

Samples: Sub Advisory Agreement (Van Kampen Equity Trust Ii), Investment Sub Advisory Agreement (Van Kampen Series Fund, Inc.), Van Kampen Equity Trust Ii

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