Dual Interests Clause Samples
The Dual Interests clause defines how the interests of two or more parties are recognized and managed within a contractual relationship. Typically, this clause clarifies that certain rights, benefits, or obligations are held jointly or for the benefit of multiple parties, such as when a lender and an agent both have a security interest in collateral. By explicitly acknowledging these overlapping or shared interests, the clause helps prevent disputes over priority or enforcement and ensures that all relevant parties' stakes are protected and clearly understood.
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Dual Interests. It is understood that some person or persons may be directors, officers, or shareholders of both the Fund and Price Associates (including Price Associates’ affiliates), and that the existence of any such dual interest shall not affect the validity of this Agreement or of any transactions hereunder except as otherwise provided by a specific provision of applicable law.
Dual Interests. It is understood that some person or persons may be directors, trustees, officers or shareholders of both the Funds and Advisory Corp. (including Advisory Corp.'s affiliates), and that the existence of any such dual interest shall not affect the validity hereof or of any transactions hereunder except as otherwise provided by a specific provision of applicable law.
Dual Interests. It is understood that some person or persons may be directors, officers, or shareholders of both RPS and the Fund and that the existence of any such dual interest shall not affect the validity of this Agreement or of any transactions hereunder except as otherwise provided by a specific provision of applicable law.
Dual Interests. It is understood that some person or persons may be directors, trustees, officers, or shareholders of both the Funds and Van ▇▇▇▇▇▇ (▇▇cluding Van ▇▇▇▇▇▇'▇ ▇▇▇iliates), and that the existence of any such dual interest shall not affect the validity hereof or of any transactions hereunder except as otherwise provided by a specific provision of applicable law.
Dual Interests. It is understood that some person or persons may be, or from time to time become, directors, officers, or shareholders of both Penn Series and Adviser (including its affiliates), and that the existence of any such dual interest shall not affect the validity hereof or of any transactions hereunder except as otherwise provided by a specific provision of applicable law.
Dual Interests. It is understood and agreed that some person or persons may be trustees, officers, or shareholders of both the Trusts and SteinRoe, and that the existence of any such dual interest shall not affect the validity hereof or of any transactions hereunder except as otherwise provided by specific provision of applicable law.
Dual Interests. It is understood that some person or persons may be trustees, directors, officers, or shareholders of both the Trusts and SSI, and that the existence of any such dual interest shall not affect the validity hereof or of any transactions hereunder except as otherwise provided by specific provision of applicable law.
Dual Interests. It is understood and agreed that some person or persons may be trustees, officers, or shareholders of both the Fund and Columbia Management, and that the existence of any such dual interest shall not affect the validity hereof or of any transactions hereunder except as otherwise provided by specific provision of applicable law.
Dual Interests. It is understood that any shareholder, director, officer, employee, or agent of the Distributor, or of any organization affiliated with the Distributor, or of any organization which the Distributor may have an interest, or of any organization which may have an interest in the Distributor may be a Contractholder; and that the existence of any such dual interest shall not affect the validity thereof or the validity of any transaction hereunder except as may be otherwise provided in the articles of incorporation or by-laws of the Distributor, or by the specific provisions of applicable law. For the purpose of this Section 10, the term "affiliated person" shall have the same definition as set forth in the 1940 Act subject, however, to such exemptions as may be granted pursuant to the 1940 Act.
Dual Interests. It is understood that some person or persons may be directors, trustees, officers, or shareholders of both the Funds and Van Kampen (including Van Kampen's affiliates), and that the e▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇ such d▇▇▇ ▇▇▇▇▇▇▇▇ shall not affect the validity hereof or of any transactions hereunder except as otherwise provided by a specific provision of applicable law.