Common use of Trading Advisor Independent Clause in Contracts

Trading Advisor Independent. For all purposes of this Agreement, the Trading Advisor shall be deemed to be an independent contractor and shall have no authority to act for or represent the Company in any way and shall not otherwise be deemed to be an agent of the Company. Nothing contained herein shall create or constitute the Trading Advisor and any other trading advisor for the Company, the Fund or the Manager as a member of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, nor shall this Agreement be deemed to confer on any of them any express, implied, or apparent authority to incur any obligation or liability on behalf of any other. The parties acknowledge that the Trading Advisor has not been an organizer or promoter of the Fund.

Appears in 13 contracts

Samples: Advisory Agreement (BlackRock Global Horizons I L.P.), Advisory Agreement (BlackRock Global Horizons I L.P.), Advisory Agreement (Black Rock Global Horizons Lp)

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Trading Advisor Independent. For all purposes of this Agreement, the Trading Advisor shall be deemed to be an independent contractor and shall have no authority to act for or represent the Company in any way and shall not otherwise be deemed to be an agent of the Company. Nothing contained herein shall create or constitute the Trading Advisor and any other trading advisor for the Company, the Global Horizons Fund or the Manager as a member of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, nor shall this Agreement be deemed to confer on any of them any express, implied, or apparent authority to incur any obligation or liability on behalf of any other. The parties acknowledge that the Trading Advisor has not been an organizer or promoter of the Global Horizons Fund.

Appears in 3 contracts

Samples: Advisory Agreement (BlackRock Global Horizons I L.P.), Advisory Agreement (BlackRock Global Horizons I L.P.), Advisory Agreement (BlackRock Global Horizons I L.P.)

Trading Advisor Independent. For all purposes of this Agreement, the Trading Advisor shall be deemed to be an independent contractor and shall have no authority to act for or represent the Company Fund in any way and shall not otherwise be deemed to be an agent of the CompanyFund. Nothing contained herein shall create or constitute the Trading Advisor and any other trading advisor for the CompanyFund, the Fund or the Manager as a member of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, nor shall this Agreement be deemed to confer on any of them any express, implied, or apparent authority to incur any obligation or liability on behalf of any other. The parties acknowledge that the Trading Advisor has not been an organizer or promoter of the Fund.

Appears in 2 contracts

Samples: Ml Futuresaccesssm Advisory Agreement (ML BlueTrend FuturesAccess LLC), Advisory Agreement (ML Cornerstone FuturesAccess LLC)

Trading Advisor Independent. For all purposes of this Agreement, the Trading Advisor shall be deemed to be an independent contractor and shall have no authority to act for or represent the Company Fund in any way and shall not otherwise be deemed to be an agent of the CompanyFund. Nothing contained herein shall create or constitute the Trading Advisor and any other trading advisor for the CompanyFund, the Fund or the Manager as a member of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, nor shall this Agreement be deemed to confer on any of them any express, implied, implied or apparent authority to incur any obligation or liability on behalf of any other. The parties acknowledge that the Trading Advisor has not been an organizer or promoter of the Fund.

Appears in 2 contracts

Samples: Advisory Agreement (ML BlueTrend FuturesAccess LLC), Futuresaccesssm Advisory Agreement (Man AHL FuturesAccess LLC)

Trading Advisor Independent. For all purposes of this Agreement, the Trading Advisor shall be deemed to be an independent contractor and shall have no authority to act for or represent the Company Fund in any way and shall not otherwise be deemed to be an agent of the CompanyFund. Nothing contained herein shall create or constitute the Trading Advisor and any other trading advisor for the CompanyAdvisor, the Fund or the Manager as a member of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, nor shall this Agreement be deemed to confer on any of them any express, implied, or apparent authority to incur any obligation or liability on behalf of any other. The parties acknowledge that the Trading Advisor has not been an organizer or promoter of the Fund.

Appears in 2 contracts

Samples: Futuresaccesssm Advisory Agreement (ML Transtrend DTP Enhanced FuturesAccess LLC), Advisory Agreement (ML Aspect FuturesAccess LLC)

Trading Advisor Independent. (a) For all purposes of this Agreement, the Trading Advisor shall be deemed to be an independent contractor and contractor, shall have no authority to act for or represent the Company Trading Entity in any way (except as specifically provided herein) and shall not otherwise be deemed to be an agent of the CompanyTrading Entity. Nothing contained herein shall create or constitute the Trading Advisor and or any other trading advisor for the Company, the Fund or the Manager Trading Entity as a member of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, nor shall this Agreement be deemed to confer on any of them any express, implied, implied or apparent authority to incur any obligation or liability on behalf of any other. The parties acknowledge that the Trading Advisor has not been an organizer or promoter of the FundTrading Entity.

Appears in 1 contract

Samples: Advisory Agreement

Trading Advisor Independent. For all purposes of this Agreement, the Trading Advisor shall be deemed to be an independent contractor and shall have no authority to act for or represent the Company Funds in any way and shall not otherwise be deemed to be an agent of the CompanyFunds. Nothing contained herein shall create or constitute the Trading Advisor and any other trading advisor for the CompanyFunds, the Fund Funds or the Manager as a member of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, nor shall this Agreement be deemed to confer on any of them any express, implied, or apparent authority to incur any obligation or liability on behalf of any other. The parties acknowledge that the Trading Advisor has not been an organizer or promoter of the FundFunds.

Appears in 1 contract

Samples: Futuresaccesssm Advisory Agreement (ML Winton FuturesAccess LLC)

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Trading Advisor Independent. For all purposes of this Agreement, the Trading Advisor shall be deemed to be an independent contractor and shall have no authority to act for or represent the Trading Company or the Partnership in any way and shall not otherwise be deemed to be an agent of the CompanyTrading Company or the Partnership. Nothing contained herein shall create or constitute the Trading Advisor and any other trading advisor for the Trading Company, the Fund Trading Company, the Partnership or the Manager General Partner as a member of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, nor shall this Agreement be deemed to confer on any of them any express, implied, or apparent authority to incur any obligation or liability on behalf of any other. The parties acknowledge that the Trading Advisor has not been an organizer or promoter of the FundPartnership.

Appears in 1 contract

Samples: Advisory Agreement (Four Seasons Fund Ii L P)

Trading Advisor Independent. For all purposes of this Agreement, the Trading Advisor shall be deemed to be an independent contractor and shall have no authority to act for or represent the Company in any way and shall not otherwise be deemed to be an agent of the Company. Nothing contained herein shall create or constitute the Trading Advisor and any other trading advisor for the Company, the Global Horizons Fund or the Manager as a member of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, nor shall this Agreement be deemed to confer on any of them any express, implied, or apparent authority to incur any obligation or liability on behalf of any other. The parties acknowledge that the Trading Advisor has not been an organizer or promoter of the Fund. Each of the Manager and the Company agrees that the Trading Advisor shall be the sole trading advisor with respect to the Company and that no other person or entity shall be appointed to manage the assets of the Company.

Appears in 1 contract

Samples: Advisory Agreement (BlackRock Global Horizons I L.P.)

Trading Advisor Independent. For all purposes of this Agreement, the Trading Advisor shall be deemed to be an independent contractor and shall have no authority to act for or represent the Company Fund in any way and shall not otherwise be deemed to be an agent of the CompanyFund or any of its Limited Partners. Nothing contained herein shall create or constitute the Trading Advisor and any other trading advisor for the CompanyAdvisor, the Fund Fund, any Limited Partner or the Manager MLIP as a member of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, nor shall this Agreement be deemed to confer on any of them any express, implied, or apparent authority to incur any obligation or liability on behalf of any other. The parties acknowledge that the Trading Advisor has not been an organizer or promoter of the FundFund and assumes no responsibility for the marketing, organization or administration thereof.

Appears in 1 contract

Samples: Advisory Agreement (Ml Select Futures I Lp)

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