Retention of Sub-Adviser. Subject to the Fund obtaining the initial and periodic approvals required under Section 15 of the 1940 Act, the Manager may retain a sub-adviser, at the Manager's own cost and expense, for the purpose of making investment recommendations and research information available to the Manager. Retention of a sub-adviser shall in no way reduce the responsibilities or obligations of the Manager under this Agreement and the Manager shall be responsible to Fund for all acts or omissions of the sub-adviser in connection with the performance of the Manager's duties hereunder.
Appears in 21 contracts
Samples: Management Agreement (Neuberger Berman Dividend Advantage Fund Inc), Management Agreement (Neuberger Berman Real Estate Securities Income Fund Inc), Management Agreement (Neuberger Berman California Intermediate Municipal Fund Inc)
Retention of Sub-Adviser. Subject to the Fund a Portfolio obtaining the initial and periodic approvals required under Section 15 of the 1940 Act, the Manager may retain a sub-adviser, at the Manager's own cost and expense, for the purpose of making investment recommendations and research information available to the Manager. Retention of a sub-adviser shall in no way reduce the responsibilities or obligations of the Manager under this Agreement and the Manager shall be responsible to Fund the Trust and the Portfolios for all acts or omissions of the sub-adviser in connection with the performance of the Manager's duties hereunder.
Appears in 3 contracts
Samples: Form of Management Agreement (Neuberger Berman Advisers Management Trust), Management Agreement (Neuberger Berman Advisers Management Trust), Management Agreement (Neuberger Berman Advisers Management Trust)
Retention of Sub-Adviser. Subject to the Fund a Portfolio obtaining the initial and periodic approvals required under Section 15 of the 1940 Act, the Manager may retain a sub-adviser, at the Manager's ’s own cost and expense, for the purpose of making investment recommendations and research information available to the Manager. Retention of a sub-adviser shall in no way reduce the responsibilities or obligations of the Manager under this Agreement and the Manager shall be responsible to Fund the Trust and the Portfolios for all acts or omissions of the sub-adviser in connection with the performance of the Manager's ’s duties hereunder.
Appears in 3 contracts
Samples: Management Agreement (Neuberger Berman Advisers Management Trust), Management Agreement (Neuberger Berman Advisers Management Trust), Form of Management Agreement (Neuberger Berman Advisers Management Trust)
