Common use of Permissible Interest Clause in Contracts

Permissible Interest. Subject to and in accordance with the Trust’s Declaration of Trust and By-laws and corresponding governing documents of H▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, Trustees, officers, agents and shareholders of the Trust may have an interest in H▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ as officers, directors, agents and/or shareholders or otherwise. H▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ may also have similar interests in the Trust. The effect of any such interrelationships shall be governed by said governing documents and the provisions of the Investment Company Act.

Appears in 2 contracts

Sources: Investment Advisory Agreement (Hirtle Callaghan Trust), Investment Advisory Agreement (Hirtle Callaghan Trust)