Common use of Delegation of Responsibilities Clause in Contracts

Delegation of Responsibilities. The Adviser is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisers, and may enter into agreements with sub-advisers, and may replace any such sub-advisers from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Commission, and if applicable, exemptive orders or similar relief granted by the Commission and upon receipt of approval of such sub-advisers by the Board and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Delegation of Responsibilities. The Adviser Advisor is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisersadvisors, and may enter into agreements with sub-advisersadvisors, and may replace any such sub-advisers advisors from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Commission, and if applicable, exemptive orders or similar relief granted by the Commission Commission, and upon receipt of approval of such sub-advisers advisors by the Board and by shareholders of the Company (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Delegation of Responsibilities. The Adviser is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisers, and may enter into agreements with sub-advisers, and may replace any such sub-advisers from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Commission, and if applicable, exemptive orders or similar relief granted by the Commission Commission, and upon receipt of approval of such sub-advisers by the Board and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Delegation of Responsibilities. The Adviser Advisor is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisersadvisors, and may enter into agreements with sub-advisersadvisors, and may replace any such sub-advisers advisors from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Commission, and if applicable, exemptive orders or similar relief granted by the Commission Commission, and upon receipt of approval of such sub-advisers advisors by the Board and by shareholders of the Fund (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Delegation of Responsibilities. The Adviser is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisersadvisors, and may enter into agreements with sub-advisersadvisors, and may replace any such sub-advisers advisors from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Commission, and if applicable, exemptive orders or similar relief granted by the Commission Commission, and upon receipt of approval of such sub-advisers advisors by the Board and by shareholders of the Company (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Delegation of Responsibilities. The Adviser Advisor is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisersadvisors, and may enter into agreements with sub-advisersadvisors, and may replace any such sub-advisers advisors from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Commission, and if applicable, exemptive orders or similar relief granted by the Commission Commission, and upon receipt of approval of such sub-advisers advisors by the Board and by shareholders unitholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Delegation of Responsibilities. The Adviser Advisor is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisersadvisors, and may enter into agreements with sub-advisersadvisors, and may replace any such sub-advisers advisors from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Commission, and if applicable, exemptive orders or similar relief granted by the Commission Commission, and upon receipt of approval of such sub-advisers sub- advisors by the Board and by shareholders of the Fund (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).