Covenants of the Manager The Manager covenants and agrees with each underwriter as follows:
Covenants of the Adviser The Adviser covenants that it is registered as an investment adviser under the Advisers Act. The Adviser 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.
Covenants of the Advisor The Advisor covenants that it is registered as an investment adviser under the Investment Advisers Act of 1940. 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.
Covenants of the Master Servicer The Master Servicer hereby covenants to the Depositor and the Trustee as follows:
Covenants of the Parties The parties hereto agree that:
Covenants of the Vendor The Vendor covenants and agrees with the Purchaser as follows:
Covenants of the Fund The Fund covenants with the Underwriter as follows:
COVENANTS OF THE FUNDS 5.1 The Acquired Fund will operate the Acquired Fund's business in the ordinary course of business between the date hereof and the Closing Date. It is understood that such ordinary course of business will include the declaration and payment of customary dividends and other distributions and any other dividends and other distributions necessary or advisable (except to the extent dividends or other distributions that are not customary may be limited by representations made in connection with the issuance of the tax opinion described in Paragraph 8.5 hereof), in each case payable either in cash or in additional shares.
Covenants of the Trust The Trust covenants and agrees to the following:
Covenants of the Company The Company covenants with each Underwriter as follows:
