Not an Investment Advisor. Each of the Advisor and Sub-Advisor acknowledges that Morgan Stanley is not provi▇▇▇▇ ▇n▇ ▇▇▇▇▇e hereunder as to the value of securities or regarding the advisability of purchasing or selling any securities for the Fund's portfolio. No provision of this Agreement shall be considered as creating, nor shall any provision create, any obligation on the part of Morgan Stanley, and Morgan ▇▇▇▇▇▇y ▇▇ ▇▇▇ agree▇▇▇ ▇▇r▇▇▇, ▇▇: (i) furnish any advice or make any recommendations regarding the purchase or sale of portfolio securities; or (ii) render any opinions, valuations or recommendations of any kind or to perform any such similar services. The Advisor's and Sub-Advisor's engagement of Morgan Stanley hereunder is ▇▇▇ ▇n▇▇▇▇▇▇ to confer rights upon any person (including the Fund or any shareholders, employees or creditors of the Advisor, the Sub-Advisor or the Fund) not a party hereto as against Morgan Stanley or its affil▇▇▇▇▇, ▇▇ ▇▇▇▇r respective directors, officers, employees or agents, successors, or assigns.
Appears in 6 contracts
Sources: Syndication Fee Agreement (First Trust New Opportunities MLP & Energy Fund), Structuring Fee Agreement (First Trust New Opportunities MLP & Energy Fund), Syndication Fee Agreement (First Trust Intermediate Duration Preferred & Income Fund)
Not an Investment Advisor. Each of the Advisor and Sub-Advisor acknowledges that Morgan Stanley is not proviproviding any ▇▇▇▇ ▇n▇▇ ▇▇▇▇▇e hereunder ▇▇er as to the value of securities or regarding the advisability of purchasing or selling any securities for the Fund's portfolio. No provision of this Agreement shall be considered as creating, nor shall any provision create, any obligation on the part of Morgan Stanley, and Morgan Stanley i▇ ▇▇▇ a▇▇▇▇▇▇y ▇▇ ▇▇▇ agree▇▇▇ ▇▇r▇▇hereb▇, ▇▇: (i▇) furnish ▇▇▇nish any advice or make any recommendations regarding the purchase or sale of portfolio securities; or (ii) render any opinions, valuations or recommendations of any kind or to perform any such similar services. The Advisor's and Sub-Advisor's engagement of Morgan Stanley hereunder is not inte▇▇▇▇ ▇no ▇▇▇▇▇▇ to confer rights upon any person (including the Fund or any shareholders, employees or creditors of the Advisor, the Sub-Advisor or the Fund) not a party hereto as against Morgan Stanley or its affilaffiliates, or ▇▇▇▇▇, ▇▇ ▇▇▇▇r respective ▇▇▇ive directors, officers, employees or agents, successors, or assigns.
Appears in 1 contract
Sources: Syndication Fee Agreement (First Trust Energy Infrastructure Fund)