Common use of Acceptance of Engagement Clause in Contracts

Acceptance of Engagement. The Sub-Adviser hereby agrees during the term hereof to render the services described herein for the compensation provided herein, subject to the limitations contained herein. The Sub-Adviser shall carry out its responsibilities under this Agreement in compliance with applicable law and regulations and shall use commercially reasonable efforts to carry out its responsibilities under this Agreement in compliance with: (i) the Company’s investment objectives, policies and restrictions as set forth in the Registration Statement on Form N-2 filed with the SEC, as amended from time to time, the Company’s prospectus that forms a part of the Registration Statement, as amended and supplemented and/or the Company’s periodic reports filed with the SEC from time to time; and (ii) such policies, directives, regulatory restrictions and compliance policies as the Board or the Adviser may from time to time establish or issue and communicate to the Sub-Adviser in writing. The Adviser shall promptly notify the Sub-Adviser in writing of changes to (i) or (ii) above. In no event shall the Sub-Adviser be held responsible for failing to comply with (i) or (ii) unless it had previously received the written notification in the foregoing sentence.

Appears in 4 contracts

Samples: Investment Sub Advisory Agreement (NorthStar Corporate Income Fund), Investment Sub Advisory Agreement (NorthStar Corporate Income Fund-T), Investment Sub Advisory Agreement (NorthStar Global Corporate Income Fund)

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Acceptance of Engagement. The Sub-Adviser hereby agrees during the term hereof to render the services described herein for the compensation provided herein, subject to the limitations contained herein. The Sub-Adviser shall carry out its responsibilities under this Agreement in compliance with applicable law and regulations and shall use commercially reasonable efforts to carry out its responsibilities under this Agreement in compliance with: (i) the Company’s investment objectives, policies and restrictions as set forth in the Registration Offering Statement on Form N-2 filed with the SEC, as amended from time to time, the Company’s prospectus that forms a part of the Registration Offering Statement, as amended and supplemented and/or the Company’s periodic reports filed with the SEC from time to time; and (ii) such policies, directives, regulatory restrictions and compliance policies as the Board or the Adviser may from time to time establish or issue and communicate to the Sub-Adviser in writing. The Adviser shall promptly notify the Sub-Adviser in writing of changes to (i) or (ii) above. In no event shall the Sub-Adviser be held responsible for failing to comply with (i) or (ii) unless it had previously received the written notification in the foregoing sentence.

Appears in 4 contracts

Samples: Investment Sub Advisory Agreement (NorthStar Corporate Income Fund-T), Investment Sub Advisory Agreement (NorthStar Corporate Income Master Fund), Investment Sub Advisory Agreement (NorthStar Global Corporate Income Master Fund)

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Acceptance of Engagement. The Sub-Adviser hereby agrees during the term hereof to render the services described herein for the compensation provided herein, subject to the limitations contained herein. The Sub-Adviser shall carry out its responsibilities under this Agreement in compliance with applicable law and regulations and shall use commercially reasonable efforts to carry out its responsibilities under this Agreement in compliance with: (i) the CompanyFund’s investment objectives, policies and restrictions as set forth in the Fund’s then effective Registration Statement on Form N-2 filed with the SEC, as amended from time to time, the CompanyFund’s prospectus that forms a part of the Registration Statement, as amended and supplemented and/or the CompanyFund’s periodic reports filed with the SEC from time to time; and (ii) such policies, directives, regulatory restrictions and compliance written policies as the Board or the Adviser may from time to time establish or issue and communicate to the Sub-Adviser in writing. The Adviser shall promptly notify the Sub-Adviser in writing of changes to (i) or (ii) above. In no event shall the Sub-Adviser be held responsible for failing to comply with (i) or (ii) unless it had previously received the reasonable advance written notification of any changes to the documents or policies covered by (i) or (ii) in the foregoing sentence.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Axxes Opportunistic Credit Fund)

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