Common use of Bankruptcy and Related Events Clause in Contracts

Bankruptcy and Related Events. Each of the Adviser and the Subadviser agrees that it will provide prompt notice to the other in the event that: (i) it makes an assignment for the benefit of creditors, files a voluntary petition in bankruptcy, or is otherwise adjudged bankrupt or insolvent by a court of competent jurisdiction; or (ii) a material event occurs that could reasonably be expected to adversely impair its ability to perform this Agreement. The Adviser further agrees that it will provide prompt notice to the Subadviser in the event that the Trust ceases to be registered as an investment company under the Act. By: Name: W. Xxxxxxx Xxxxxxx Title: Executive Vice President and Chief Financial Officer By: Name: Xxxxxxx X. Xxxxxxx Title: Executive Vice President By: Name: Title: SCHEDULES: A. Operational Procedures

Appears in 1 contract

Samples: Subadvisory Agreement (Allianz Funds Multi-Strategy Trust)

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Bankruptcy and Related Events. Each of the Adviser and the Subadviser agrees that it will provide prompt notice to the other in the event that: (i) it makes an assignment for the benefit of creditors, files a voluntary petition in bankruptcy, or is otherwise adjudged bankrupt or insolvent by a court of competent jurisdiction; or (ii) a material event occurs that could reasonably be expected to adversely impair its ability to perform this Agreement. The Adviser further agrees that it will provide prompt notice to the Subadviser in the event that the Trust ceases to be registered as an investment company under the Act. By: Name: W. Xxxxxxx Pxxxxxx Xxxxxxx Title: Executive Vice President and President, Chief Financial Officer & Treasurer By: Name: Xxxxxxx Fxxxxxx X. Xxxxxxx Title: Executive Vice President By: Name: Title: SCHEDULES: A. Operational Procedures

Appears in 1 contract

Samples: Subadvisory Agreement (Virtus Alternative Solutions Trust)

Bankruptcy and Related Events. Each of the Adviser and the Subadviser agrees that it will provide prompt notice to the other in the event that: (i) it makes an assignment for the benefit of creditors, files a voluntary petition in bankruptcy, or is otherwise adjudged bankrupt or insolvent by a court of competent jurisdiction; or (ii) a material event occurs that could reasonably be expected to adversely impair its ability to perform this Agreement. The Adviser further agrees that it will provide prompt notice to the Subadviser in the event that the Trust ceases to be registered as an investment company under the Act. By: Name: W. X. Xxxxxxx Xxxxxxx Title: Executive Vice President and President, Chief Financial Officer & Treasurer By: Name: Xxxxxxx X. Xxxxxxx Xxxxx Title: Executive Vice President By: Name: Xxxxxx Xxxxxxxx Title: Chief Compliance Officer and General Counsel SCHEDULES: A. Operational Procedures

Appears in 1 contract

Samples: Subadvisory Agreement (Virtus Opportunities Trust)

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Bankruptcy and Related Events. Each of the Adviser and the Subadviser agrees that it will provide prompt notice to the other in the event that: (i) it makes an assignment for the benefit of creditors, files a voluntary petition in bankruptcy, or is otherwise adjudged bankrupt or insolvent by a court of competent jurisdiction; or (ii) a material event occurs that could reasonably be expected to adversely impair its ability to perform this Agreement. The Adviser further agrees that it will provide prompt notice to the Subadviser in the event that the Trust ceases to be registered as an investment company under the Act. By: Name: W. Xxxxxxx Xxxxxxx Title: Executive Vice President and Chief Financial Officer By: Name: Xxxxxxx X. Xxxxxxx Title: Executive Vice President By: Name: Gem Pushpaharan Title: Chief Operating Officer US and Managing Director SCHEDULES: A. Operational Procedures

Appears in 1 contract

Samples: Subadvisory Agreement (Allianz Funds Multi-Strategy Trust)

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