Common use of Additional Covenants of the Fund Clause in Contracts

Additional Covenants of the Fund. The Fund covenants and agrees with Foreside as follows: (a) Foreside and Foreside's counsel shall be furnished with such documents and opinions as Foreside and counsel may reasonably require from time to time for the purpose of enabling Foreside to serve as placement agent as herein contemplated or to evidence the accuracy of any of the representations and warranties, or the fulfillment of any of the conditions herein contained. (b) If, at any time after the commencement of an offering of Units and prior to its termination, an event occurs which in the opinion of counsel to the Fund materially affects the Fund and which should be set forth in an amendment or supplement to the Memorandum in order to make the statements therein not misleading in light of the circumstances under which they are made, the Fund will notify Foreside as promptly as practical of the occurrence of such event and prepare and furnish to Foreside copies of an amendment or supplement to the Memorandum, in such reasonable quantities as Foreside may request in order that the Memorandum will not contain any untrue statement of any material fact or omit to state a material fact which in the opinion of such counsel is necessary to make the statements therein not misleading in light of the circumstances under which they are made.

Appears in 1 contract

Samples: Placement Agency Agreement (CPG JP Morgan Alternative Strategies Fund, LLC)

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Additional Covenants of the Fund. The Fund covenants and agrees with Foreside as follows: (a) Foreside and Foreside's counsel shall be furnished with such documents and opinions as Foreside and counsel may reasonably require from time to time for the purpose of enabling Foreside to serve as placement agent principal underwriter and exclusive distributor as herein contemplated or to evidence the accuracy of any of the representations and warranties, or the fulfillment of any of the conditions herein contained. (b) If, at any time after the commencement of an offering of Units and prior to its termination, If an event occurs occurs, or any situation or factual circumstances arise, which in the opinion of counsel to the Fund materially affects the Fund and which should be set forth in an amendment or supplement to the Memorandum Prospectus in order to make the statements therein in the Prospectus not misleading in light of the circumstances under which they are made, the Fund will notify Foreside as promptly as practical practicable of the occurrence of such event and prepare and furnish to Foreside Foreside, if applicable, copies of an amendment or supplement to the MemorandumProspectus, in such reasonable quantities as Foreside may request in order that the Memorandum Prospectus will not contain any untrue statement of any material fact or omit to state a material fact which in the opinion of such counsel is necessary to make the statements therein not misleading in light of the circumstances under which they are made.

Appears in 1 contract

Samples: Distribution Agreement (CPG Cooper Square International Equity, LLC)

Additional Covenants of the Fund. The Fund covenants and agrees with Foreside as follows: (a) Foreside and Foreside's counsel shall be furnished with such documents and opinions as Foreside and counsel may reasonably require from time to time for the purpose of enabling Foreside to serve as placement agent as herein contemplated or to evidence the accuracy of any of the representations and warranties, or the fulfillment of any of the conditions herein contained. (b) If, at any time after the commencement of an offering of Units and prior to its termination, an event occurs which in the opinion of counsel to the Fund materially affects the Fund and which should be set forth in an amendment or supplement to the Memorandum in order to make the statements therein not misleading in light of the circumstances under which they are made, the Fund will notify Foreside as promptly as practical practicable of the occurrence of such event and prepare and furnish to Foreside copies of an amendment or supplement to the Memorandum, in such reasonable quantities as Foreside may request in order that the Memorandum will not contain any untrue statement of any material fact or omit to state a material fact which in the opinion of such counsel is necessary to make the statements therein not misleading in light of the circumstances under which they are made.

Appears in 1 contract

Samples: Placement Agency Agreement (CPG Focused Access Fund, LLC)

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Additional Covenants of the Fund. The Fund covenants and agrees with Foreside as follows: (a) Foreside and Foreside's counsel shall be furnished with such documents and opinions as Foreside and counsel may reasonably require from time to time for the purpose of enabling Foreside to serve as placement agent as herein contemplated or to evidence the accuracy of any of the representations and warranties, or the fulfillment of any of the conditions herein contained. (b) If, at any time after the commencement of an offering of Units and prior to its termination, an event occurs which in the opinion of counsel to the Fund materially affects the Fund and which should be set forth in an amendment or supplement to the Memorandum in order to make the statements therein not misleading in light of the circumstances under which they are made, the Fund will notify Foreside as promptly as practical of the occurrence of such event and prepare and furnish to Foreside copies of an amendment or supplement to the Memorandum, in such reasonable quantities as Foreside may request in order that the Memorandum will not contain any untrue statement of any material fact or omit to state a material fact which in the opinion of such counsel is necessary to make the statements therein not misleading in light of the circumstances under which they are made.

Appears in 1 contract

Samples: Placement Agency Agreement (CPG Carlyle Fund, LLC)

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