Common use of The Manager Clause in Contracts

The Manager. The Manager assumes the expense of and shall pay for maintaining the staff and personnel necessary to perform its obligations under this agreement, and shall at its own expense provide the office space, equipment and facilities for such personnel and shall pay all compensation of officers and trustees of the Trust who are affiliated persons of the Manager. Notwithstanding the foregoing, the Manager is not obligated to pay the compensation or expenses of the Trust’s Chief Compliance Officer, regardless of whether the Chief Compliance Officer is affiliated with the Adviser

Appears in 2 contracts

Samples: Management Agreement (Modern Capital Funds Trust), Management Agreement (Americafirst Quantitative Funds)

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The Manager. The Manager assumes shall furnish at its own expense the expense of executive, supervisory and shall pay for maintaining the staff and clerical personnel necessary to perform its obligations under this agreement, and Agreement. The Manager shall at its own expense also provide the office spaceitems which it is obligated to provide under this Agreement, equipment and facilities for such personnel and shall pay all compensation compensation, if any, of officers and trustees of the Trust as well as all Trustees of the Trust who are affiliated persons of the Manager. Notwithstanding the foregoingManager or any affiliated corporation; provided, however, that unless otherwise specifically provided, the Manager is shall not be obligated to pay the compensation or expenses of any employee of the Trust retained by the Trustees of the Trust to perform services on behalf of the Trust’s Chief Compliance Officer, regardless of whether the Chief Compliance Officer is affiliated with the Adviser.

Appears in 2 contracts

Samples: Management Agreement (Sei Tax Exempt Trust), Management Agreement (Sei Institutional Managed Trust)

The Manager. The Manager assumes the expense of and shall pay for maintaining the staff and personnel necessary to perform its obligations under this agreement, and shall at its own expense provide the office space, equipment and facilities for such personnel and shall pay all compensation of officers and trustees of the Trust who are affiliated persons of the Manager. Notwithstanding the foregoing, the Manager is not obligated to pay the compensation or expenses of the Trust’s 's Chief Compliance Officer, regardless of whether the Chief Compliance Officer is affiliated with the Adviser.

Appears in 1 contract

Samples: Management Agreement (Americafirst Quantitative Funds)

The Manager. The Manager assumes shall furnish at its own expense the expense of ----------- executive, supervisory and shall pay for maintaining the staff and clerical personnel necessary to perform its obligations under this agreement, and Agreement. The Manager shall at its own expense also provide the office spaceitems which it is obligated to provide under this Agreement, equipment and facilities for such personnel and shall pay all compensation compensation, if any, of officers and trustees of the Trust as well as all Trustees of the Trust who are affiliated persons of the Manager. Notwithstanding the foregoingManager or of any affiliated corporation; provided, however, that unless otherwise specifically provided, the Manager is shall not be obligated to pay the compensation or expenses of any employee of the Manager retained by the Trustees of the Trust to perform services on behalf of the Trust’s Chief Compliance Officer, regardless of whether the Chief Compliance Officer is affiliated with the Adviser.

Appears in 1 contract

Samples: Management Agreement (Sei Liquid Asset Trust)

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The Manager. The Manager assumes the expense of and shall pay for maintaining the staff and personnel necessary to perform its obligations under this agreement, and shall at its own expense provide the office space, equipment and facilities for such personnel and shall pay all compensation of officers and trustees of the Trust who are affiliated persons of the Manager. Notwithstanding the foregoing, the Manager is not obligated to pay the compensation or expenses of the Trust’s 's Chief Compliance Officer, regardless of whether the Chief Compliance Officer is affiliated with the Adviser

Appears in 1 contract

Samples: Management Agreement (Americafirst Quantitative Funds)

The Manager. The Manager assumes the expense of and shall pay for maintaining the staff and personnel necessary to perform its obligations under this agreement, and shall at its own expense provide the office space, equipment and facilities for such personnel personnel, and shall pay all compensation of officers and trustees of the Trust who are affiliated persons of the Manager. Notwithstanding the foregoing, the Manager is not obligated to pay the compensation or expenses of the Trust’s Chief Compliance Officer, regardless of whether the Chief Compliance Officer is affiliated with the Adviser

Appears in 1 contract

Samples: Management Agreement (Americafirst Quantitative Funds)

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