Duties of the Service Agent. (a) The Service Agent shall provide Member Services to Members that are customers of the Service Agent. (b) The Service Agent agrees, at the request of the Fund, to retain the Member Service Providers to provide Member Services to their customers who are Members and to compensate such Member Service Providers for their services. (c) The Service Agent shall report to the Board of Managers of the Fund (the "Board") at least annually, or more frequently as requested by the Board, regarding: (i) the nature of the Member Services provided by the Service Agent and the Member Service Providers (if any); (ii) the amount of payments made by the Service Agent to such Member Service Providers (if any); and (iii) the aggregate amount of Member Servicing Fees paid by the Fund.
Appears in 7 contracts
Samples: Member Services Agreement (Robeco-Sage Multi-Strategy Institutional Fund, L.L.C.), Member Services Agreement (Robeco-Sage Multi-Strategy TEI Fund, L.L.C.), Member Services Agreement (Robeco-Sage Multi-Strategy Fund, L.L.C.)
Duties of the Service Agent. (a) The Each Service Agent shall provide Member Services to Members that are customers of the Service Agent.
(b) The Each Service Agent agrees, at the request of the Fund, to retain the Member Service Providers to provide Member Services to their customers who are Members Member and to compensate such Member Service Providers for their services.
(c) The Each Service Agent shall report to the Board of Managers Directors of the Fund (the "Board") at least annually, or more frequently as requested by the Board, regarding: :
(i) the nature of the Member Services provided by the each Service Agent and the Member Service Providers (if any); ;
(ii) the amount of payments made by the each Service Agent to such Member Service Providers (if any); and and
(iii) the aggregate amount of Member Servicing Fees paid by the Fund.
Appears in 1 contract
Samples: Member Services Agreement (BlackRock Multi-Strategy Hedge Opportunities LLC)
Duties of the Service Agent. (a) The Service Agent shall provide Member Services to Members that are customers of the Service Agent.
(b) The Service Agent agrees, at the request of the Fund, to retain the Member Service Providers to provide Member Services to their customers who are Members and to compensate such Member Service Providers for their services.
(c) The Service Agent shall report to the Board of Managers Directors of the Fund (the "Board") at least annually, or more frequently as requested by the Board, regarding: (i) the nature of the Member Services provided by the Service Agent and the Member Service Providers (if any); (ii) the amount of payments made by the Service Agent to such Member Service Providers (if any); and (iii) the aggregate amount of Member Servicing Fees paid by the Fund.
Appears in 1 contract
Samples: Member Services Agreement (Multi-Strategy Hedge Opportunities LLC)
