Common use of ADDITIONAL TRUSTS Clause in Contracts

ADDITIONAL TRUSTS. In the event that a Trust establishes one or more trusts in addition to the Trusts listed on the attached Schedule A, with respect to which the Administrator desires to retain the Sub-Administrator to act as Sub-Administrator under the terms hereof, the Administrator shall notify the Sub-Administrator in writing. Upon written acceptance by the Sub-Administrator, such trust shall become a Trust hereunder and be bound by all terms and conditions and provisions hereof.

Appears in 6 contracts

Samples: Master Sub Administration Agreement, Master Sub Administration Agreement, Master Sub Administration Agreement (Nexpoint Opportunistic Credit Fund)

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ADDITIONAL TRUSTS. In the event that a Trust establishes one or more trusts in addition to the Trusts listed on the attached Schedule A, with respect to which the Administrator Trust desires to retain the Sub-Administrator to act as Sub-Administrator under the terms hereof, the Administrator Trust shall notify the Sub-Administrator in writing. Upon written acceptance by the Sub-Administrator, such trust shall become a Trust hereunder and be bound by all terms and conditions and provisions hereof.

Appears in 4 contracts

Samples: Master Administration Agreement (Highland Global Allocation Fund), Master Administration Agreement (Highland Global Allocation Fund Ii), Master Administration Agreement (Highland Funds I)

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ADDITIONAL TRUSTS. In the event that a Trust establishes one or more trusts in addition to the Trusts listed on the attached Schedule A, with respect to which the Administrator desires to retain the Sub-Administrator to act as Sub-Administrator under the terms te1ms hereof, the Administrator shall notify the Sub-Administrator Adininistrator in writing. Upon written acceptance by the Sub-Administrator, such trust shall become a Trust hereunder and be bound by all terms te1ms and conditions and provisions hereof.

Appears in 1 contract

Samples: Master Sub Administration Agreement (Highland Floating Rate Opportunities Fund Ii)

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