Common use of Basic Business Records Clause in Contracts

Basic Business Records. The Adviser will maintain true, accurate, current, and complete copies, where necessary, of each of the following books and records: a. Originals of all written communications received and copies of all written communications sent by the Adviser relating to recommendations or advice given or proposed; b. A list of all discretionary accounts; x. Xxxxxx of attorney and other evidences of the granting of any discretionary authority; d. Written agreements (or copies thereof) entered into by the Adviser on behalf of the Company; e. A copy of each written disclosure statement and amendment or revision given to any person and a record of the dates and persons to whom such statements were given or offered to be given; and f. All written acknowledgments of receipt obtained from advisory clients relating to disclosure of soliciting fees paid by the Adviser and copies of all disclosure statements delivered to advisory clients by such solicitors on behalf of the Company.

Appears in 12 contracts

Samples: Investment Advisory Agreement (PNC Long-Short Fund LLC), Investment Advisory Agreement (PNC Long-Short TEDI Fund LLC), Investment Advisory Agreement (PNC Alternative Strategies TEDI Fund LLC)

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Basic Business Records. The Adviser will maintain true, accurate, current, and complete copies, where necessary, of each of the following books and records: a. Originals of all written communications received and copies of all written communications sent by the Adviser relating to recommendations or advice given or proposed; ; b. A list of all discretionary accounts; ; x. Xxxxxx of attorney and other evidences of the granting of any discretionary authority; ; d. Written agreements (or copies thereof) entered into by the Adviser on behalf of the Company; ; e. A copy of each written disclosure statement and amendment or revision given to any person and a record of the dates and persons to whom such statements were given or offered to be given; and and f. All written acknowledgments of receipt obtained from advisory clients relating to disclosure of soliciting fees paid by the Adviser and copies of all disclosure statements delivered to advisory clients by such solicitors on behalf of the Company.

Appears in 3 contracts

Samples: Interim Investment Advisory Agreement (PNC Long-Short Master Fund LLC), Investment Advisory Agreement (PNC Long-Short Fund LLC), Investment Advisory Agreement (Mercantile Absolute Return Fund LLC)

Basic Business Records. The Adviser will maintain true, accurate, current, and complete copies, where necessary, of each of the following books and records: a. Originals of all written communications received and copies of all written communications sent by the Adviser relating to recommendations or advice given or proposed; b. A list of all discretionary accounts; x. Xxxxxx c. Powers of attorney and other evidences of xxxxxxxxx xf the granting of any discretionary authority; d. Written agreements (or copies thereof) entered into by the Adviser on behalf of the Company; e. A copy of each written disclosure statement and amendment or revision given to any person and a record of the dates and persons to whom such statements were given or offered to be given; and f. All written acknowledgments of receipt obtained from advisory clients relating to disclosure of soliciting fees paid by the Adviser and copies of all disclosure statements delivered to advisory clients by such solicitors on behalf of the Company.

Appears in 1 contract

Samples: Investment Advisory Agreement (Mercantile Absolute Return Fund LLC)

Basic Business Records. The Adviser will maintain true, accurate, current, and complete copies, where necessary, of each of the following books and records: a. Originals of all written communications received and copies of all written communications sent by the Adviser relating to recommendations or advice given or proposed; b. A list of all discretionary accounts; x. Xxxxxx c. Powers of attorney and other evidences axx xxxxx xxidences of the granting of any discretionary authority; d. Written agreements (or copies thereof) entered into by the Adviser on behalf of the Company; e. A copy of each written disclosure statement and amendment or revision given to any person and a record of the dates and persons to whom such statements were given or offered to be given; and f. All written acknowledgments of receipt obtained from advisory clients relating to disclosure of soliciting fees paid by the Adviser and copies of all disclosure statements delivered to advisory clients by such solicitors on behalf of the Company.

Appears in 1 contract

Samples: Investment Advisory Agreement (Mercantile Absolute Return Fund LLC)

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Basic Business Records. The Adviser will maintain true, accurate, current, and complete copies, where necessary, of each of the following books and records: : a. Originals of all written communications received and copies of all written communications sent by the Adviser relating to to: (1) recommendations or advice given or proposed; ; b. A list of all discretionary accounts; ; x. Xxxxxx of attorney and other evidences of the granting of any discretionary authority; ; d. Written agreements (or copies thereof) entered into by the Adviser on behalf of the Company; ; e. A copy of each written disclosure statement and amendment or revision given to any person and a record of the dates and persons to whom such statements were given or offered to be given; and f. All written acknowledgments of receipt obtained from advisory clients relating to disclosure of soliciting fees paid by the Adviser and copies of all disclosure statements delivered to advisory clients by such solicitors on behalf of the Company.

Appears in 1 contract

Samples: Investment Advisory Agreement (Mercantile Alternative Strategies Fund LLC)

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