Common use of No Agency Relationship Clause in Contracts

No Agency Relationship. Nothing herein contained shall be deemed to authorize or empower either party to act as agent for the other party to this Agreement, or to conduct business in the name, or for the account, of the other party to this Agreement. The Custodian shall be an independent contractor of the Fund and neither the Custodian nor any of its managers, officers, employees, representatives or agents as such, is or shall be an employee of the Fund. The Custodian is responsible for its own conduct and the employment, control and conduct of its managers, officers, employees, representatives and agents.

Appears in 5 contracts

Samples: Custody Agreement (DoubleLine Opportunistic Credit Fund), Custody Agreement (DoubleLine Income Solutions Fund), Custody Agreement (Babson Capital Global Short Duration High Yield Fund)

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No Agency Relationship. Nothing herein contained shall be deemed to authorize or empower either party to act as agent for the other party to this Agreement, or to conduct business in the name, or for the account, of the other party to this Agreement. The Custodian Distributor shall be an independent contractor of the Fund Trust and neither the Custodian Distributor nor any of its managers, officers, employees, representatives or agents as such, is or shall be an employee of the FundTrust. The Custodian Distributor is responsible for its own conduct and the employment, control and conduct of its managers, officers, employees, representatives and agents.

Appears in 4 contracts

Samples: Distribution Agreement (DoubleLine Funds Trust), Agreement (DoubleLine Funds Trust), Distribution Agreement (DoubleLine Funds Trust)

No Agency Relationship. Nothing herein contained shall be deemed to authorize or empower either party to act as agent for the other party to this Agreement, or to conduct business in the name, or for the account, of the other party to this Agreement. The Custodian shall be an independent contractor of the Fund Trust and neither the The Custodian nor any of its managers, officers, employees, representatives or agents as such, is or shall be an employee of the FundTrust. The Custodian is responsible for its own conduct and the employment, control and conduct of its managers, officers, employees, representatives and agents.

Appears in 4 contracts

Samples: Custody Agreement (DoubleLine Funds Trust), Custody Agreement (DoubleLine Funds Trust), Amended And (DoubleLine Funds Trust)

No Agency Relationship. Nothing Except as otherwise provided herein, nothing herein contained shall be deemed to authorize or empower either party to act as agent for the other party to this Agreement, or to conduct business in the name, or for the account, of the other party to this Agreement. The Custodian shall be an independent contractor of the Fund Trust and neither the The Custodian nor any of its managers, officers, employees, representatives or agents as such, is or shall be an employee of the FundTrust. The Custodian is responsible for its own conduct and the employment, control and conduct of its managers, officers, employees, representatives and agents.

Appears in 2 contracts

Samples: Custody Agreement (Aegis Funds), Amended And (Aegis Funds)

No Agency Relationship. Nothing herein contained shall be deemed to authorize or empower either party to act as agent for the other party to this Agreement, or to conduct business in the name, or for the account, of the other party to this Agreement. The Custodian Distributor shall be an independent contractor of the Fund Trust and neither the Custodian Distributor nor any of its managers, officers, employees, representatives or agents as such, is or shall be an employee of the FundTrust. The Custodian Distributor is responsible for its own conduct and the employment, control and conduct of its managers, officers, employees, representatives and agents.

Appears in 1 contract

Samples: Distribution Agreement (Merger Fund)

No Agency Relationship. Nothing Except as otherwise provided herein, nothing herein contained shall be deemed to authorize or empower either party to act as agent for the other party to this Agreement, or to conduct business in the name, or for the account, of the other party to this Agreement. The Custodian Distributor shall be an independent contractor of the Fund and neither the Custodian Distributor nor any of its managers, officers, employees, representatives or agents as such, is or shall be an employee of the Fund. The Custodian Distributor is responsible for its own conduct and the employment, control and conduct of its managers, officers, employees, representatives and agents.

Appears in 1 contract

Samples: Distribution Agreement (Aegis Funds)

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No Agency Relationship. Nothing Except as otherwise provided herein, nothing herein contained shall be deemed to authorize or empower either party to act as agent for the other party to this Agreement, or to conduct business in the name, or for the account, of the other party to this Agreement. The Custodian Distributor shall be an independent contractor of the Fund Company and neither the Custodian Distributor nor any of its managers, officers, employees, representatives or agents as such, is or shall be an employee of the FundCompany. The Custodian Distributor is responsible for its own conduct and the employment, control and conduct of its managers, officers, employees, representatives and agents.

Appears in 1 contract

Samples: Distribution Agreement (Aegis Value Fund Inc)

No Agency Relationship. Nothing herein contained shall be deemed to authorize or empower either party to act as agent for the other party to this Agreement, or to conduct business in the name, or for the account, of the other party to this Agreement. Agreement The Custodian shall be an independent contractor of the Fund and neither the Custodian nor any of its managers, officers, employees, representatives or agents as such, is or shall be an employee of the Fund. The Custodian is responsible for its own conduct and the employment, control and conduct of its managers, officers, employees, representatives and agents.

Appears in 1 contract

Samples: Custody Agreement (DoubleLine Yield Opportunities Fund)

No Agency Relationship. Nothing Except as otherwise provided herein, nothing herein contained shall be deemed to authorize or empower either party to act as agent for the other party to this Agreement, or to conduct business in the name, or for the account, of the other party to this Agreement. The Custodian shall be an independent contractor of the Fund Company and neither the The Custodian nor any of its managers, officers, employees, representatives or agents as such, is or shall be an employee of the FundCompany. The Custodian is responsible for its own conduct and the employment, control and conduct of its managers, officers, employees, representatives and agents.

Appears in 1 contract

Samples: Custody Agreement (Aegis Value Fund Inc)

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