Common use of Other Clients Clause in Contracts

Other Clients. It is further understood that Xxxxxxxx may be acting in a similar capacity for other institutional and individual clients, and that investments and reinvestments for Client's portfolio may differ from those made or recommended with respect to other accounts and clients even though the investment objectives may be the same or similar. Accordingly, it is agreed that Xxxxxxxx will have no obligation to purchase or sell for Client's account any securities which it may purchase or sell for other clients.

Appears in 3 contracts

Samples: Professional Services Agreement, Investment Management Agreement, Professional Services Agreement

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Other Clients. It is further understood that Xxxxxxxx may be acting in a similar capacity for other institutional and individual clients, and that investments and reinvestments for Client's ’s portfolio may differ from those made or recommended with respect to other accounts and clients even though the investment objectives may be the same or similar. Accordingly, it is agreed that Xxxxxxxx will have no obligation to purchase or sell for Client's ’s account any securities which it may purchase or sell for other clients.

Appears in 1 contract

Samples: Investment Management Agreement

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