Common use of Fund Agreements Clause in Contracts

Fund Agreements. Subject to its fiduciary obligations and except as may otherwise be required by law, the Borrowers will use their best efforts to (a) cause each Fund for which a Subsidiary acts as investment advisor or principal distributor to continue such Subsidiary in such capacity and (b) except in the ordinary course of business and consistent with past practices, not to reduce the compensation payable to such Subsidiary for its services to such Fund in any material respect.

Fund Agreements. Subject to its fiduciary obligations and except as may otherwise be required by law, the Borrowers Borrower will use their its best efforts to (a) cause each Fund for which a Subsidiary acts as investment advisor or principal distributor to continue such Subsidiary in such capacity and (b) except in the ordinary course of business and consistent with past practices, not to reduce the compensation payable to such Subsidiary for its services to such Fund in any material respect.

Fund Agreements. Subject to its fiduciary obligations and except as may otherwise be required by law, the Borrowers will use their best efforts to (a) cause each Fund for which a Subsidiary acts as investment advisor or principal distributor to continue such Subsidiary in such capacity and (b) except in the ordinary course of business and consistent with past practices, not to reduce the compensation payable to such Subsidiary for its services to such Fund in any material respect.