Common use of Status of the Manager Clause in Contracts

Status of the Manager. The services of the Manager to the Fund, or with respect to the Portfolio, are not to be deemed exclusive, and the Manager shall be free to render similar services to others, as long as its services to the Fund or to the Portfolio are not impaired thereby. The Manager shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Fund in any way, or otherwise be deemed an agent of the Fund.

Appears in 478 contracts

Samples: Investment Management Agreement (Dfa Investment Dimensions Group Inc), Investment Management Agreement (Dfa Investment Dimensions Group Inc), Investment Management Agreement (Dfa Investment Dimensions Group Inc)

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Status of the Manager. The services of the Manager to the Fund, Fund or with in respect to of the Portfolio, are not to be deemed exclusive, and the Manager shall be free to render similar services to others, others as long as its services to the Fund Fund, or to in respect of the Portfolio Portfolio, are not impaired thereby. The Manager shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Fund in any way, way or otherwise be deemed an agent of the Fund.

Appears in 6 contracts

Samples: Investment Management Agreement (Sis Mercator Fund Inc), Investment Management Agreement (Penn Street Fund Inc), Investment Management Agreement (Sis Mercator Fund Inc)

Status of the Manager. The services of the Manager to the Fund, or with respect to the Portfolio, are not to be deemed exclusive, and the Manager shall be free to render similar services to others, as long as its services to the Fund or to the Portfolio are not impaired thereby. The Manager shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Fund in any way, or otherwise be deemed an agent of the Fund.impaired

Appears in 1 contract

Samples: Investment Management Agreement (Dfa Investment Dimensions Group Inc)

Status of the Manager. The services of the Manager to the Fund, or with respect to the Portfolio, Fund are not to be deemed exclusive, and the Manager shall be free to render similar services to others, as others so long as its services to the Fund or to the Portfolio are not impaired thereby. The Manager shall be deemed Pursuant to be an independent contractor and shallcomparable agreements, unless otherwise expressly provided or authorized, have no authority to act for or represent the Fund in any way, or otherwise be deemed an agent may also retain the services of the Manager to serve as the investment Manager of other series of the Fund.

Appears in 1 contract

Samples: Investment Management Agreement (World Funds Inc /Md/)

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Status of the Manager. The services of the Manager to the Fund, Fund or with in respect to of the Portfolio, are not to be deemed exclusive, and the Manager shall be free to render similar services to others, others as long as its services to the Fund Fund, or to in respect of the Portfolio Portfolio, are not impaired Impaired thereby. The Manager shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Fund in any way, way or otherwise be deemed an agent of the Fund.

Appears in 1 contract

Samples: Investment Management Agreement (Penn Street Fund Inc)

Status of the Manager. The services of the Manager to the Fund, Fund or with in respect to of the Portfolio, are not to be deemed exclusive, and the Manager shall be free to render similar services to others, others as long as its services to the Fund or to in respect of the Portfolio Portfolio, are not impaired thereby. The Manager shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Fund in any way, way or otherwise be deemed an agent of the Fund.

Appears in 1 contract

Samples: Investment Management Agreement (Kiewit Investment Trust)

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