Common use of Responsibility and Control Clause in Contracts

Responsibility and Control. Notwithstanding any other provision of -------------------------- this Agreement, it is understood and agreed that Pacific Funds shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken on its behalf by the Fund Manager.

Appears in 6 contracts

Samples: Fund Management Agreement (Pacific Funds), Fund Management Agreement (Pacific Funds), Fund Management Agreement (Pacific Funds)

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Responsibility and Control. Notwithstanding any other provision of -------------------------- this Agreement, it is understood and agreed that Pacific Funds shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken on its behalf by the Fund Manager, provided, however, that the Fund Manager shall not be liable for any losses to Pacific Funds resulting from Pacific Funds’ direction, or from Pacific Funds’ disapproval of any action proposed to be taken by the Fund Manager.

Appears in 2 contracts

Samples: Fund Management Agreement (Pacific Funds), Fund Management Agreement (Pacific Funds)

Responsibility and Control. Notwithstanding any other provision of this -------------------------- this Agreement, it is understood and agreed that Pacific Funds shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken on its behalf by the Fund Portfolio Manager.

Appears in 2 contracts

Samples: Management Agreement (Pacific Funds), Management Agreement (Pacific Funds)

Responsibility and Control. Notwithstanding any other provision of -------------------------- this Agreement, it is understood and agreed that Pacific Funds shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken on its behalf by the Fund Portfolio Manager.

Appears in 1 contract

Samples: Management Agreement (Pacific Funds)

Responsibility and Control. Notwithstanding any other provision of -------------------------- this Agreement, it is understood and agreed that Pacific Funds shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken on its behalf by the Fund Manager, provided, however, that Fund Manager shall not be liable for any losses to Pacific Funds resulting from Pacific Funds' direction, or from Pacific Funds' disapproval of any action proposed to be taken by the Fund Manager.

Appears in 1 contract

Samples: Fund Management Agreement (Pacific Funds)

Responsibility and Control. Notwithstanding any other provision of -------------------------- this Agreement, it is understood and agreed that Pacific Funds shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken on its behalf by the Fund Portfolio Manager, provided, however, that Portfolio Manager shall not be liable for any losses to Pacific Funds resulting from Pacific Funds' direction, or from Pacific Funds' disapproval of any action proposed to be taken by the Portfolio Manager.

Appears in 1 contract

Samples: Management Agreement (Pacific Funds)

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Responsibility and Control. Notwithstanding any other provision -------------------------- of -------------------------- this Agreement, it is understood and agreed that Pacific Funds shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken on its behalf by the Fund Portfolio Manager.

Appears in 1 contract

Samples: Management Agreement (Pacific Funds)

Responsibility and Control. Notwithstanding any other provision of this -------------------------- this Agreement, it is understood and agreed that Pacific Funds shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken on its behalf by the Fund Manager, provided, however, that Fund Manager shall not be liable for any losses to Pacific Funds resulting from Pacific Funds' direction, or from Pacific Funds' disapproval of any action proposed to be taken by the Fund Manager.

Appears in 1 contract

Samples: Fund Management Agreement (Pacific Funds)

Responsibility and Control. Notwithstanding any other provision -------------------------- of -------------------------- this Agreement, it is understood and agreed that Pacific Funds shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken on its behalf by the Fund Manager, provided, however, that Fund Manager shall not be liable for any losses to Pacific Funds resulting from Pacific Funds' direction, or from Pacific Funds' disapproval of any action proposed to be taken by the Fund Manager.

Appears in 1 contract

Samples: Fund Management Agreement (Pacific Funds)

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