Common use of NON-EXCLUSIVITY OF SUBADVISER'S SERVICES Clause in Contracts

NON-EXCLUSIVITY OF SUBADVISER'S SERVICES. The Subadviser's services under this Agreement are not exclusive. The Subadviser may provide the same or similar services to other clients. The Adviser acknowledges that, except when transactions for multiple clients are aggregated, transactions in a specific security or other investment may not be recommended or executed at the same time or price for all client accounts or portfolios (including the Portfolio Segment) for which that security or investment is recommended or executed. This Agreement does not require the Subadviser to give priority to the Portfolio Segment over other client accounts or portfolios. The Subadviser shall for all purposes herein be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Adviser, the Fund, or a Portfolio or otherwise be deemed an agent of the Adviser, the Fund, or the Portfolio.

Appears in 7 contracts

Samples: Investment Subadvisory Agreement (Market Street Fund Inc), Investment Subadvisory Agreement (Market Street Fund Inc), Interim Investment Subadvisory Agreement (Market Street Fund Inc)

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NON-EXCLUSIVITY OF SUBADVISER'S SERVICES. The Subadviser's services under this Agreement are not exclusive. The Subadviser may provide the same or similar services to other clients. The Adviser acknowledges that, except when transactions for multiple clients are aggregated, transactions in a specific security or other investment may not be recommended or executed at the same time or price for all client accounts or portfolios (including the a Portfolio Segment) for which that security or investment is recommended or executed. This Agreement does not require the Subadviser to give priority to the Portfolio Segment over other client accounts or portfolios. The Subadviser shall for all purposes herein be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Adviser, the Fund, or a Portfolio or otherwise be deemed an agent of the Adviser, the Fund, or the Portfolio.

Appears in 3 contracts

Samples: Investment Subadvisory Agreement (Market Street Fund Inc), Investment Subadvisory Agreement (Market Street Fund Inc), Investment Subadvisory Agreement (Market Street Fund Inc)

NON-EXCLUSIVITY OF SUBADVISER'S SERVICES. The Subadviser's services under this Agreement are not exclusive. The Subadviser may provide the same or similar services to other clients. The Adviser acknowledges that, except when transactions for multiple clients are aggregated, transactions in a specific security or other investment may not be recommended or executed at the same time or price for all client accounts or portfolios (including the a Portfolio Segment) for which that security or investment is recommended or executed. This Agreement does not require the Subadviser to give priority to the a Portfolio Segment over other client accounts or portfolios. The Subadviser shall for all purposes herein be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Adviser, the Fund, or a Portfolio or otherwise be deemed an agent of the Adviser, the Fund, or the Portfolio.

Appears in 3 contracts

Samples: Investment Subadvisory Agreement (Market Street Fund Inc), Investment Subadvisory Agreement (Market Street Fund Inc), Investment Subadvisory Agreement (Market Street Fund Inc)

NON-EXCLUSIVITY OF SUBADVISER'S SERVICES. The Subadviser's services under this Agreement are not exclusive. The Subadviser may provide the same or similar services to other clients. The Adviser acknowledges that, except when transactions for multiple clients are aggregated, transactions in a specific security or other investment may not be recommended or executed at the same time or price for all client accounts or portfolios (including the Portfolio Segment) for which that security or investment is recommended or executed. This Agreement does not require the Subadviser to give priority to the Portfolio Segment over other client accounts or portfolios. The Subadviser shall for all purposes herein be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Adviser, the Fund, or a the Portfolio or otherwise be deemed an agent of the Adviser, the Fund, or the Portfolio.

Appears in 2 contracts

Samples: Investment Subadvisory Agreement (Market Street Fund Inc), Investment Subadvisory Agreement (Market Street Fund Inc)

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NON-EXCLUSIVITY OF SUBADVISER'S SERVICES. The Subadviser's services under this Agreement are not exclusive. The Subadviser may provide the same or similar services to other clients. The Adviser acknowledges that, except when transactions for multiple clients are aggregated, transactions in a specific security or other investment may not be recommended or executed at the same time or price for all client accounts or portfolios (including the Portfolio Segment) for which that security or investment is recommended or executed. This Agreement does not require the Subadviser to give priority to the a Portfolio Segment over other client accounts or portfolios. The Subadviser shall for all purposes herein be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Adviser, the Fund, or a Portfolio or otherwise be deemed an agent of the Adviser, the Fund, or the Portfolio.

Appears in 2 contracts

Samples: Investment Subadvisory Agreement (Market Street Fund Inc), Investment Subadvisory Agreement (Market Street Fund Inc)

NON-EXCLUSIVITY OF SUBADVISER'S SERVICES. The Subadviser's services under this Agreement are not exclusive. The Subadviser may provide the same or similar services to other clients. The Adviser acknowledges that, except when transactions for multiple clients are aggregated, transactions in a specific security or other investment may not be recommended or executed at the same time or price for all client accounts or portfolios (including the a Portfolio Segment) for which that security or investment is recommended or executed. This Agreement does not require the Subadviser to give priority to the a Portfolio Segment over other client accounts or portfolios. The Subadviser shall for all purposes herein be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Adviser, the Fund, or a Portfolio or otherwise be deemed an agent of the Adviser, the Fund, or the a Portfolio.

Appears in 1 contract

Samples: Investment Subadvisory Agreement (Market Street Fund Inc)

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