Common use of Experience of Adviser Clause in Contracts

Experience of Adviser. The Board of Trustees shall determine the sufficiency and adequacy of the relevant experience and qualifications for the officers of the Company given the business objective of the Company in accordance with the requirements of Section II.A of the Omnibus Guidelines. The Board shall determine whether any Adviser possesses sufficient qualifications to perform the advisory function for the Company and whether the compensation provided for in its contract with the Company is justified in accordance with Section II.A of the requirements of the Omnibus Guidelines.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (TPG Twin Brook Capital Income Fund), Agreement and Declaration of Trust (PGIM Private Credit Fund), Agreement and Declaration of Trust (PGIM Private Credit Fund)

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Experience of Adviser. The Board of Trustees shall determine the sufficiency and adequacy of the relevant experience and qualifications for the officers of the Company Trust given the business objective of the Company in accordance with the requirements of Section II.A of the Omnibus GuidelinesTrust. The Board shall determine whether any Adviser possesses sufficient qualifications to perform the advisory function for the Company Trust and whether the compensation provided for in its contract with the Company Trust is justified in accordance with Section II.A of the requirements of the Omnibus Guidelinesjustified.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (BlackRock Private Credit Fund), Agreement and Declaration of Trust (BlackRock Private Credit Fund), Agreement and Declaration of Trust (BlackRock Private Credit Fund)

Experience of Adviser. The Board of Trustees shall determine the sufficiency and adequacy of the relevant experience and qualifications for the officers of the Company given the business objective of the Company in accordance with the requirements of Section II.A of the Omnibus GuidelinesCompany. The Board shall determine whether any Adviser possesses sufficient qualifications to perform the advisory function for the Company and whether the compensation provided for in its contract with the Company is justified in accordance with Section II.A of the requirements of the Omnibus Guidelinesjustified.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (PGIM Private Credit Fund), Declaration of Trust (Bain Capital Private Credit)

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Experience of Adviser. The Board of Trustees shall determine the sufficiency and adequacy of the relevant experience and qualifications for the officers of the Company given the business objective of the Company in accordance with the requirements of Section II.A of the Omnibus Guidelines. The Board shall determine whether any Adviser possesses sufficient qualifications to perform the advisory function for the Company and whether the compensation provided for in its contract with the Company is justified in accordance with Section II.A of the requirements of the Omnibus Guidelines.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (AG Twin Brook Capital Income Fund), Agreement and Declaration of Trust (AG Twin Brook Capital Income Fund)

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