Common use of Covenants of the Advisor Clause in Contracts

Covenants of the Advisor. The Advisor represents and warrants to the Company that it is, and covenants to the Company that it shall remain during the term of this Agreement, registered as an investment advisor under the Advisers Act. The Advisor agrees that its activities will at all times be in compliance in all material respects with all applicable federal and state laws governing its operations and investments.

Appears in 4 contracts

Samples: Management Agreement (StoneCastle Financial Corp.), Management Agreement (StoneCastle Financial Corp.), Management Agreement (StoneCastle Financial Corp.)

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Covenants of the Advisor. The Advisor represents and warrants to the Company agrees that it is, and covenants to the Company that it shall will remain during the term of this Agreement, registered as an investment advisor adviser under the Advisers Act so long as the Company maintains its election to be regulated as a BDC under the Investment Company Act. The Advisor agrees that its activities will at all times be in compliance in all material respects with all applicable federal and state laws governing its operations and investments.

Appears in 1 contract

Samples: Administration Agreement (AFC BDC Inc.)

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