Common use of Use of Affiliated Companies and Subcontractors Clause in Contracts

Use of Affiliated Companies and Subcontractors. In connection with the services to be provided by Xxxxx Xxx under this Agreement, Xxxxx Xxx may, to the extent it deems appropriate, and subject to compliance with the requirements of applicable laws and regulations and upon receipt of approval of the Trustees, make use of (i) its affiliated companies and their directors, trustees, officers, and employees and (ii) subcontractors selected by Xxxxx Xxx, provided that Xxxxx Xxx shall supervise and remain fully responsible for the services of all such third parties in accordance with and to the extent provided by this Agreement. All costs and expenses associated with services provided by any such third parties shall be borne by Xxxxx Xxx or such parties.

Appears in 8 contracts

Samples: Stein Roe Funds (Liberty Stein Roe Funds Investment Trust), Accounting and Bookkeeping Agreement (Stein Roe Investment Trust), Accounting and Bookkeeping Agreement (Steinroe Variable Investment Trust)

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